Amundi Has $543.94 Million Stake in UBS Group AG (NYSE:UBS)

Amundi grew its holdings in UBS Group AG (NYSE:UBS - Free Report) by 0.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 16,751,961 shares of the bank's stock after purchasing an additional 95,712 shares during the quarter. Amundi owned approximately 0.52% of UBS Group worth $543,936,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of UBS. Berbice Capital Management LLC bought a new position in shares of UBS Group in the 4th quarter valued at about $27,000. Versant Capital Management Inc bought a new position in shares of UBS Group in the 4th quarter valued at about $40,000. Kohmann Bosshard Financial Services LLC bought a new position in UBS Group during the 4th quarter worth approximately $41,000. Continuum Advisory LLC boosted its stake in UBS Group by 41.6% during the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank's stock worth $49,000 after acquiring an additional 450 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its stake in UBS Group by 42.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,989 shares of the bank's stock worth $91,000 after acquiring an additional 887 shares during the last quarter.

UBS Group Stock Up 3.2 %

UBS traded up $1.05 during trading on Friday, reaching $34.15. The company had a trading volume of 6,734,179 shares, compared to its average volume of 2,125,834. 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 AG has a 12 month low of $26.01 and a 12 month high of $35.84. The business's fifty day moving average price is $33.45 and its 200 day moving average price is $32.01. The company has a market cap of $109.48 billion, a P/E ratio of 22.46 and a beta of 1.15.

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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 company had revenue of $11.06 billion during the quarter, compared to the consensus estimate of $10.90 billion. During the same period in the previous year, the firm posted ($0.09) EPS. The business's quarterly revenue was up 1.9% compared to the same quarter last year. Equities analysts anticipate that UBS Group AG will post 1.9 EPS for the current year.

UBS Group Increases Dividend

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

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. BNP Paribas raised shares of UBS Group from a "neutral" rating to an "outperform" rating in a research note on Friday, January 3rd. Deutsche Bank Aktiengesellschaft raised shares of UBS Group from a "hold" rating to a "buy" rating in a research note on Monday, February 10th. Morgan Stanley lowered shares of UBS Group from an "overweight" rating to an "equal weight" rating in a research note on Thursday, February 20th. Kepler Capital Markets raised shares of UBS Group from a "hold" rating to a "buy" rating in a research note on Friday, January 10th. Finally, StockNews.com lowered shares of UBS Group from a "buy" rating to a "hold" rating in a research note on Wednesday, January 22nd. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold".

UBS Group Company 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.