UBS Group AG (NYSE:UBS) Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP trimmed its position in UBS Group AG (NYSE:UBS - Free Report) by 5.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,921,485 shares of the bank's stock after selling 787,138 shares during the period. Wellington Management Group LLP owned 0.40% of UBS Group worth $395,380,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Berbice Capital Management LLC acquired a new position in shares of UBS Group in the 4th quarter worth approximately $27,000. Rakuten Securities Inc. bought a new position in UBS Group during the fourth quarter worth $30,000. Versant Capital Management Inc bought a new position in UBS Group during the fourth quarter worth $40,000. Kohmann Bosshard Financial Services LLC acquired a new position in UBS Group in the fourth quarter worth $41,000. Finally, Continuum Advisory LLC increased its stake in UBS Group by 41.6% during the third quarter. Continuum Advisory LLC now owns 1,532 shares of the bank's stock valued at $49,000 after purchasing an additional 450 shares during the last quarter.

UBS Group Stock Performance

UBS traded down $2.24 during trading hours on Thursday, hitting $28.22. The company's stock had a trading volume of 4,068,875 shares, compared to its average volume of 2,206,096. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 3.76. UBS Group AG has a fifty-two week low of $26.01 and a fifty-two week high of $35.84. The company has a 50-day simple moving average of $33.28 and a 200 day simple moving average of $32.25. The firm has a market capitalization of $90.47 billion, a PE ratio of 18.56 and a beta of 1.15.

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UBS Group (NYSE:UBS - Get Free Report) last announced its 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). 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 quarter in the prior year, the company earned ($0.09) EPS. The business's quarterly revenue was up 1.9% on a year-over-year basis. As a group, sell-side analysts expect 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 will be paid on Thursday, April 17th. Stockholders of record on Wednesday, April 16th will be given a dividend of $0.90 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This is a boost 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 14.47%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. BNP Paribas upgraded shares of UBS Group from a "neutral" rating to an "outperform" rating in a research report on Friday, January 3rd. Kepler Capital Markets raised shares of UBS Group from a "hold" rating to a "buy" rating in a report on Friday, January 10th. Bank of America lowered UBS Group from a "neutral" rating to an "underperform" rating in a report on Thursday, March 27th. StockNews.com downgraded UBS Group from a "buy" rating to a "hold" rating in a report on Wednesday, January 22nd. Finally, Deutsche Bank Aktiengesellschaft upgraded UBS Group from a "hold" rating to a "buy" rating in a research report on Monday, February 10th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, UBS Group has an average rating of "Hold".

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.