SIH Partners LLLP Buys New Stake in UBS Group AG (NYSE:UBS)

SIH Partners LLLP purchased a new position in UBS Group AG (NYSE:UBS - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 7,076,063 shares of the bank's stock, valued at approximately $214,546,000. UBS Group makes up approximately 10.8% of SIH Partners LLLP's investment portfolio, making the stock its 3rd biggest holding. SIH Partners LLLP owned about 0.22% of UBS Group as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Berbice Capital Management LLC bought a new position in UBS Group during the fourth quarter valued at $27,000. Rakuten Securities Inc. purchased a new stake in shares of UBS Group during the 4th quarter valued at about $30,000. Headlands Technologies LLC bought a new position in shares of UBS Group in the 4th quarter valued at about $33,000. Versant Capital Management Inc purchased a new position in UBS Group in the fourth quarter worth about $40,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in UBS Group during the fourth quarter worth approximately $41,000.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on UBS shares. Bank of America lowered UBS Group from a "neutral" rating to an "underperform" rating in a research note on Thursday, March 27th. Keefe, Bruyette & Woods upgraded UBS Group from a "moderate sell" rating to a "hold" rating in a research report on Thursday, April 17th. Deutsche Bank Aktiengesellschaft upgraded shares of UBS Group from a "hold" rating to a "buy" rating in a research report on Monday, February 10th. Kepler Capital Markets upgraded shares of UBS Group from a "hold" rating to a "buy" rating in a report on Friday, January 10th. Finally, Morgan Stanley downgraded shares of UBS Group from an "overweight" rating to an "equal weight" rating in a report on Thursday, February 20th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold".

UBS Group Trading Down 1.1 %

UBS stock opened at $27.63 on Tuesday. UBS Group AG has a 12 month low of $25.75 and a 12 month high of $35.84. The firm's 50-day moving average is $31.42 and its 200 day moving average is $31.99. The company has a market capitalization of $88.59 billion, a PE ratio of 18.18 and a beta of 1.16. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.06 and a quick ratio of 1.05.

UBS Group (NYSE:UBS - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The bank reported $0.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.31 by ($0.08). The firm had revenue of $11.06 billion during the quarter, compared to analysts' expectations of $10.90 billion. UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The firm's revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.09) EPS. On average, research analysts anticipate that UBS Group AG will post 1.9 EPS for the current year.

UBS Group Increases Dividend

The company also recently declared an annual dividend, which was paid on Thursday, April 17th. Stockholders of record on Wednesday, April 16th were paid a dividend of $0.90 per share. The ex-dividend date of this dividend was Wednesday, April 16th. This represents a dividend yield of 2.1%. This is a positive change from UBS Group's previous annual dividend of $0.23. UBS Group's dividend payout ratio (DPR) is currently 14.47%.

About UBS Group

UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through five divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, Investment Bank, and Non-core and Legacy. The company offers investment advice, estate and wealth planning, investing, corporate and banking, and investment management, as well as mortgage, securities-based, and structured lending solutions.

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