UBS Group AG (NYSE:UBS) Shares Purchased by US Bancorp DE

US Bancorp DE boosted its position in shares of UBS Group AG (NYSE:UBS - Free Report) by 21.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 113,907 shares of the bank's stock after acquiring an additional 19,743 shares during the period. US Bancorp DE's holdings in UBS Group were worth $3,454,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Berbice Capital Management LLC purchased a new stake in UBS Group during the fourth quarter valued at approximately $27,000. Versant Capital Management Inc acquired a new position in UBS Group during the 4th quarter valued at approximately $40,000. Continuum Advisory LLC increased 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 valued at $49,000 after purchasing an additional 450 shares in the last quarter. Golden State Wealth Management LLC acquired a new position in UBS Group during the 4th quarter valued at approximately $123,000. Finally, Independence Bank of Kentucky acquired a new position in UBS Group during the 4th quarter valued at approximately $154,000.

UBS Group Price Performance

UBS traded down $1.13 during midday trading on Thursday, hitting $33.11. 7,137,606 shares of the company traded hands, compared to its average volume of 2,130,942. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 3.76. The company has a market capitalization of $106.16 billion, a price-to-earnings ratio of 21.78 and a beta of 1.15. UBS Group AG has a 52-week low of $26.01 and a 52-week high of $35.84. The business has a 50 day simple moving average of $33.39 and a two-hundred day simple moving average of $31.97.

UBS Group (NYSE:UBS - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The bank reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.08). The company had revenue of $11.06 billion for the quarter, compared to analysts' expectations of $10.90 billion. UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The business's revenue for the quarter was up 1.9% on a year-over-year basis. During the same period in the previous year, the business earned ($0.09) earnings per share. On average, equities analysts forecast 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. Stockholders of record on Wednesday, April 16th will be paid a $0.90 dividend. This is an increase from UBS Group's previous annual dividend of $0.23. This represents a dividend yield of 2.1%. The ex-dividend date is Wednesday, April 16th. UBS Group's dividend payout ratio (DPR) is currently 19.08%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. StockNews.com lowered shares of UBS Group from a "buy" rating to a "hold" rating in a research note on Wednesday, January 22nd. BNP Paribas upgraded shares of UBS Group from a "neutral" rating to an "outperform" rating in a research note on Friday, January 3rd. 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 upgraded shares of UBS Group from a "hold" rating to a "buy" rating in a research note on Friday, January 10th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of UBS Group from a "hold" rating to a "buy" rating in a research note on Monday, February 10th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus 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.