UBS Group AG (NYSE:UBS - Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 12,216,733 shares changed hands during trading, an increase of 494% from the previous session's volume of 2,055,685 shares.The stock last traded at $33.86 and had previously closed at $33.47.
Analyst Ratings Changes
A number of research firms have commented on UBS. Morgan Stanley lowered UBS Group from an "overweight" rating to an "equal weight" rating in a research report 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. Deutsche Bank Aktiengesellschaft raised UBS Group from a "hold" rating to a "buy" rating in a research note on Monday, February 10th. StockNews.com downgraded UBS Group from a "buy" rating to a "hold" rating in a report on Wednesday, January 22nd. Finally, BNP Paribas raised UBS Group from a "neutral" rating to an "outperform" rating in a research note on Friday, January 3rd. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, UBS Group presently has a consensus rating of "Hold".
Check Out Our Latest Report on UBS
UBS Group Stock Performance
The company has a market capitalization of $109.91 billion, a price-to-earnings ratio of 22.55 and a beta of 1.16. The company has a 50 day moving average price of $33.13 and a 200 day moving average price of $31.87. 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 (NYSE:UBS - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The bank reported $0.23 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 firm had revenue of $11.06 billion during the quarter, compared to analyst estimates of $10.90 billion. During the same period last year, the business posted ($0.09) EPS. The company's revenue was up 1.9% on a year-over-year basis. Equities research analysts predict that UBS Group AG will post 1.9 earnings per share for the current fiscal year.
UBS Group Increases Dividend
The firm also recently declared an annual dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, April 16th will be paid a dividend of $0.90 per share. This represents a yield of 2.1%. The ex-dividend date is Wednesday, April 16th. This is a positive change from UBS Group's previous annual dividend of $0.23. UBS Group's payout ratio is 19.08%.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in UBS. Timber Creek Capital Management LLC raised its holdings in shares of UBS Group by 0.3% in the 4th quarter. Timber Creek Capital Management LLC now owns 117,613 shares of the bank's stock worth $3,566,000 after acquiring an additional 311 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of UBS Group by 0.5% in the fourth quarter. Integrated Wealth Concepts LLC now owns 65,889 shares of the bank's stock worth $1,998,000 after purchasing an additional 320 shares during the last quarter. Allworth Financial LP lifted its holdings in shares of UBS Group by 6.4% in the fourth quarter. Allworth Financial LP now owns 5,528 shares of the bank's stock valued at $168,000 after purchasing an additional 334 shares in the last quarter. Independent Advisor Alliance boosted its position in shares of UBS Group by 0.4% during the fourth quarter. Independent Advisor Alliance now owns 85,975 shares of the bank's stock valued at $2,607,000 after buying an additional 339 shares during the last quarter. Finally, Lindbrook Capital LLC grew its holdings in UBS Group by 3.2% during the fourth quarter. Lindbrook Capital LLC now owns 11,247 shares of the bank's stock worth $341,000 after buying an additional 345 shares in the last quarter.
UBS Group Company Profile
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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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