UBS Group AG (NYSE:UBS - Get Free Report) hit a new 52-week low during trading on Monday . The company traded as low as $25.78 and last traded at $26.32, with a volume of 3523025 shares trading hands. The stock had previously closed at $26.76.
Wall Street Analyst Weigh In
UBS has been the subject of a number of recent research reports. Kepler Capital Markets upgraded shares of UBS Group from a "hold" rating to a "buy" rating in a research note on Friday, January 10th. Morgan Stanley lowered UBS Group from an "overweight" rating to an "equal weight" rating in a research note on Thursday, February 20th. BNP Paribas upgraded UBS Group from a "neutral" rating to an "outperform" rating in a research note on Friday, January 3rd. Bank of America cut UBS Group from a "neutral" rating to an "underperform" rating in a research report on Thursday, March 27th. Finally, Deutsche Bank Aktiengesellschaft raised shares of UBS Group from a "hold" rating to a "buy" rating in a research note on Monday, February 10th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold".
Read Our Latest Analysis on UBS
UBS Group Trading Up 3.4 %
The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.05 and a current ratio of 1.06. The stock has a market cap of $91.29 billion, a P/E ratio of 18.73 and a beta of 1.16. The stock has a 50-day moving average price of $32.03 and a 200-day moving average price of $32.10.
UBS Group (NYSE:UBS - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The bank reported $0.23 EPS for the quarter, missing analysts' consensus estimates of $0.31 by ($0.08). The company had revenue of $11.06 billion during the quarter, compared to analysts' expectations of $10.90 billion. UBS Group had a return on equity of 5.93% and a net margin of 6.93%. UBS Group's quarterly revenue was up 1.9% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.09) EPS. On average, equities research 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. Shareholders of record on Wednesday, April 16th will be given a dividend of $0.90 per share. This is an increase from UBS Group's previous annual dividend of $0.23. The ex-dividend date is Wednesday, April 16th. This represents a yield of 2.1%. UBS Group's dividend payout ratio (DPR) is presently 14.47%.
Hedge Funds Weigh In On UBS Group
Institutional investors have recently modified their holdings of the company. Berbice Capital Management LLC purchased a new stake in UBS Group in the fourth quarter worth approximately $27,000. Rakuten Securities Inc. bought a new position in shares of UBS Group during the 4th quarter valued at $30,000. Headlands Technologies LLC purchased a new position in UBS Group in the 4th quarter worth $33,000. Versant Capital Management Inc bought a new stake in UBS Group in the fourth quarter worth $40,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in UBS Group in the fourth quarter worth $41,000.
UBS Group Company Profile
(
Get Free Report)
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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