UBS Group AG (NYSE:UBS) Shares Acquired by Jones Financial Companies Lllp

Jones Financial Companies Lllp grew its position in UBS Group AG (NYSE:UBS - Free Report) by 142.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,023 shares of the bank's stock after acquiring an additional 12,939 shares during the quarter. Jones Financial Companies Lllp's holdings in UBS Group were worth $668,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Bailard Inc. raised its stake in shares of UBS Group by 1.5% during the fourth quarter. Bailard Inc. now owns 36,767 shares of the bank's stock worth $1,115,000 after purchasing an additional 541 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of UBS Group during the fourth quarter worth approximately $41,000. Smartleaf Asset Management LLC raised its stake in shares of UBS Group by 184.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 9,672 shares of the bank's stock worth $296,000 after purchasing an additional 6,269 shares during the last quarter. Levin Capital Strategies L.P. raised its stake in shares of UBS Group by 1.7% during the fourth quarter. Levin Capital Strategies L.P. now owns 920,748 shares of the bank's stock worth $27,917,000 after purchasing an additional 15,415 shares during the last quarter. Finally, Metis Global Partners LLC raised its stake in shares of UBS Group by 5.4% during the fourth quarter. Metis Global Partners LLC now owns 104,451 shares of the bank's stock worth $3,191,000 after purchasing an additional 5,390 shares during the last quarter.

Wall Street Analyst Weigh In

UBS has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft upgraded UBS Group from a "hold" rating to a "buy" rating in a research note on Monday, February 10th. Morgan Stanley cut UBS Group from an "overweight" rating to an "equal weight" rating in a research report on Thursday, February 20th. Kepler Capital Markets upgraded UBS Group from a "hold" rating to a "buy" rating in a research report on Friday, January 10th. BNP Paribas upgraded UBS Group from a "neutral" rating to an "outperform" rating in a research report on Friday, January 3rd. Finally, StockNews.com cut UBS Group from a "buy" rating to a "hold" rating in a research report on Wednesday, January 22nd. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold".

Remove Ads

UBS Group Trading Up 3.2 %

NYSE:UBS opened at $34.15 on Monday. The stock has a fifty day moving average price of $33.45 and a two-hundred day moving average price of $32.01. The stock has a market capitalization of $109.48 billion, a price-to-earnings ratio of 22.46 and a beta of 1.15. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.05 and a current ratio of 1.06. UBS Group AG has a 1 year low of $26.01 and a 1 year high of $35.84.

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 for the quarter, missing analysts' consensus estimates of $0.31 by ($0.08). UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The firm had revenue of $11.06 billion during the quarter, compared to analysts' expectations of $10.90 billion. During the same quarter in the prior year, the business earned ($0.09) EPS. The company's quarterly revenue was up 1.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that UBS Group AG will post 1.9 earnings per share for the current fiscal year.

UBS Group Increases Dividend

The company also recently declared an annual dividend, which will be paid on Thursday, April 17th. Stockholders of record on Wednesday, April 16th will be given a $0.90 dividend. The ex-dividend date is Wednesday, April 16th. This represents a dividend yield of 2.1%. This is a boost from UBS Group's previous annual dividend of $0.23. UBS Group's dividend payout ratio (DPR) is currently 19.08%.

UBS Group Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.