UBS Group AG (NYSE:UBS) Shares Sold by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. lessened its holdings in shares of UBS Group AG (NYSE:UBS) by 3.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 548,371 shares of the bank’s stock after selling 17,310 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in UBS Group were worth $16,785,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of UBS. Berbice Capital Management LLC acquired a new stake in shares of UBS Group during the fourth quarter worth approximately $27,000. Rakuten Securities Inc. acquired a new position in UBS Group during the 4th quarter worth $30,000. Versant Capital Management Inc acquired a new position in UBS Group during the 4th quarter worth $40,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of UBS Group in the 4th quarter worth about $41,000. Finally, Continuum Advisory LLC lifted its position in shares of UBS Group by 41.6% during the third quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock worth $49,000 after purchasing an additional 450 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on UBS. BNP Paribas raised UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a report on Friday, January 10th. Bank of America cut UBS Group from a “neutral” rating to an “underperform” rating in a research note on Thursday. StockNews.com lowered shares of UBS Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Monday, February 10th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

UBS Group Trading Down 1.1 %

Shares of NYSE UBS opened at $31.56 on Monday. The company has a market cap of $101.19 billion, a price-to-earnings ratio of 20.76 and a beta of 1.15. The stock’s 50 day simple moving average is $33.66 and its 200 day simple moving average is $32.28. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 3.76. UBS Group AG has a 12-month low of $26.01 and a 12-month high of $35.84.

UBS Group (NYSE:UBS) last announced its quarterly earnings results 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). 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 for the quarter, compared to analyst estimates of $10.90 billion. During the same period last year, the firm posted ($0.09) EPS. The business’s revenue was up 1.9% compared to the same quarter last year. Equities research analysts expect that UBS Group AG will post 1.9 EPS for the current year.

UBS Group Increases Dividend

The company also recently announced 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. This is a boost from UBS Group’s previous annual dividend of $0.23. The ex-dividend date is Wednesday, April 16th. This represents a yield of 2.1%. UBS Group’s dividend payout ratio is 14.47%.

About UBS Group

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.