Stifel Financial Corp Acquires 360 Shares of UBS Group AG (NYSE:UBS)

Stifel Financial Corp boosted its stake in shares of UBS Group AG (NYSE:UBS) by 0.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 589,502 shares of the bank’s stock after acquiring an additional 360 shares during the quarter. Stifel Financial Corp’s holdings in UBS Group were worth $17,874,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in UBS. Berbice Capital Management LLC purchased a new stake in UBS Group during the 4th quarter valued at $27,000. Rakuten Securities Inc. purchased a new stake in UBS Group in the 4th quarter worth about $30,000. Headlands Technologies LLC bought a new position in shares of UBS Group during the fourth quarter valued at approximately $33,000. Versant Capital Management Inc purchased a new stake in shares of UBS Group in the fourth quarter worth approximately $40,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in shares of UBS Group during the 4th quarter worth approximately $41,000.

UBS Group Stock Performance

Shares of NYSE:UBS opened at $30.04 on Friday. The firm has a 50 day moving average of $31.07 and a 200 day moving average of $31.93. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 3.76. The company has a market capitalization of $96.32 billion, a price-to-earnings ratio of 19.76 and a beta of 1.16. UBS Group AG has a 52 week low of $25.75 and a 52 week high of $35.84.

UBS Group (NYSE:UBS) last released its quarterly earnings results on Tuesday, February 4th. The bank reported $0.23 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.08). UBS Group had a return on equity of 5.93% and a net margin of 6.93%. 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) earnings per share. The company’s revenue was up 1.9% on a year-over-year basis. On average, sell-side analysts predict that UBS Group AG will post 1.9 earnings per share for the current fiscal year.

UBS Group Increases Dividend

The company also recently declared an annual dividend, which was paid on Thursday, April 17th. Stockholders of record on Wednesday, April 16th were issued a $0.90 dividend. This is a boost from UBS Group’s previous annual dividend of $0.23. This represents a dividend yield of 2.1%. The ex-dividend date of this dividend was Wednesday, April 16th. UBS Group’s dividend payout ratio (DPR) is currently 14.47%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on UBS shares. 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 shares of UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. Deutsche Bank Aktiengesellschaft upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Monday, February 10th. 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 cut UBS Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently 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.