UBS Group AG (NYSE:UBS) Shares Acquired by Cerity Partners LLC

Cerity Partners LLC increased its stake in shares of UBS Group AG (NYSE:UBS) by 47.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,684 shares of the bank’s stock after purchasing an additional 24,409 shares during the quarter. Cerity Partners LLC’s holdings in UBS Group were worth $2,339,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of UBS. Norges Bank acquired a new position in shares of UBS Group during the fourth quarter worth about $2,182,724,000. FMR LLC grew its holdings in UBS Group by 37.8% during the 3rd quarter. FMR LLC now owns 51,432,723 shares of the bank’s stock worth $1,271,454,000 after acquiring an additional 14,104,407 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in UBS Group by 4.6% during the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 14,685,341 shares of the bank’s stock worth $273,197,000 after acquiring an additional 649,270 shares in the last quarter. Morgan Stanley increased its position in shares of UBS Group by 3.6% in the 3rd quarter. Morgan Stanley now owns 11,168,903 shares of the bank’s stock valued at $275,313,000 after purchasing an additional 389,244 shares during the last quarter. Finally, Causeway Capital Management LLC raised its holdings in shares of UBS Group by 1.1% in the 3rd quarter. Causeway Capital Management LLC now owns 8,998,675 shares of the bank’s stock valued at $223,144,000 after purchasing an additional 95,547 shares in the last quarter.

Analyst Ratings Changes

UBS has been the topic of several recent analyst reports. StockNews.com raised UBS Group from a “sell” rating to a “hold” rating in a report on Friday, December 29th. Societe Generale upgraded UBS Group from a “hold” rating to a “buy” rating in a report on Wednesday, February 7th. Finally, Morgan Stanley upgraded UBS Group from an “equal weight” rating to an “overweight” rating in a research note on Friday, March 8th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

UBS Group Stock Up 0.0 %

Shares of NYSE:UBS opened at $28.12 on Friday. UBS Group AG has a 12 month low of $18.71 and a 12 month high of $32.13. The company has a current ratio of 1.10, a quick ratio of 1.09 and a debt-to-equity ratio of 4.23. The company’s fifty day moving average price is $29.63 and its 200 day moving average price is $28.13.

UBS Group (NYSE:UBS) last posted its earnings results on Tuesday, February 6th. The bank reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.18). UBS Group had a return on equity of 7.56% and a net margin of 43.70%. The firm had revenue of $10.86 billion for the quarter, compared to analyst estimates of $12.06 billion. During the same quarter last year, the firm posted $0.50 EPS. The firm’s revenue for the quarter was up 35.2% on a year-over-year basis. On average, equities research analysts anticipate that UBS Group AG will post 1.11 EPS for the current fiscal year.

UBS Group Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, May 3rd. Shareholders of record on Thursday, May 2nd will be paid a $0.228 dividend. The ex-dividend date is Wednesday, May 1st. This represents a yield of 0.82%. This is a boost from UBS Group’s previous annual dividend of $0.18. UBS Group’s payout ratio is currently 2.00%.

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.