UBS Group AG (NYSE:UBS) Stock Holdings Decreased by Financial Advocates Investment Management

Financial Advocates Investment Management lessened its position in UBS Group AG (NYSE:UBS) by 17.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,601 shares of the bank’s stock after selling 1,603 shares during the quarter. Financial Advocates Investment Management’s holdings in UBS Group were worth $230,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Berbice Capital Management LLC acquired a new stake in shares of UBS Group in the fourth quarter worth $27,000. Versant Capital Management Inc purchased a new stake in UBS Group in the 4th quarter worth about $40,000. Continuum Advisory LLC boosted its position in UBS Group by 41.6% during the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock worth $49,000 after acquiring an additional 450 shares during the period. FSC Wealth Advisors LLC purchased a new position in UBS Group during the 3rd quarter valued at about $71,000. Finally, Rosenberg Matthew Hamilton increased its holdings in shares of UBS Group by 15.6% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank’s stock valued at $81,000 after purchasing an additional 355 shares during the period.

UBS Group Trading Up 0.1 %

Shares of NYSE UBS opened at $33.43 on Monday. The stock has a market cap of $107.17 billion, a price-to-earnings ratio of 21.99 and a beta of 1.16. The business has a 50 day simple moving average of $32.54 and a 200 day simple moving average of $31.41. 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 AG has a 52 week low of $26.00 and a 52 week high of $35.84.

UBS Group (NYSE:UBS) last announced 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 business had revenue of $11.06 billion for the quarter, compared to analyst estimates of $10.90 billion. During the same quarter last year, the company earned ($0.09) EPS. The business’s revenue for the quarter was up 1.9% compared to the same quarter last year. On average, research analysts predict that UBS Group AG will post 1.95 earnings per share for the current fiscal year.

UBS Group Increases Dividend

The business 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 $0.90 dividend. The ex-dividend date is Wednesday, April 16th. This represents a dividend yield of 2.1%. This is a boost from UBS Group’s previous annual dividend of $0.23. UBS Group’s payout ratio is currently 15.13%.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Kepler Capital Markets upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a report on Friday, January 10th. StockNews.com lowered shares of UBS Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. Finally, BNP Paribas raised shares of UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

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.