Gryphon Financial Partners LLC Acquires New Position in UBS Group AG (NYSE:UBS)

Gryphon Financial Partners LLC bought a new position in shares of UBS Group AG (NYSE:UBS) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,882 shares of the bank’s stock, valued at approximately $209,000.

Several other large investors have also bought and sold shares of the business. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in UBS Group by 6.1% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 57,349,524 shares of the bank’s stock worth $1,771,713,000 after acquiring an additional 3,289,387 shares in the last quarter. Pzena Investment Management LLC increased its holdings in shares of UBS Group by 2.8% during the third quarter. Pzena Investment Management LLC now owns 30,802,466 shares of the bank’s stock worth $952,104,000 after buying an additional 851,231 shares in the last quarter. Vontobel Holding Ltd. lifted its stake in shares of UBS Group by 1.9% in the 4th quarter. Vontobel Holding Ltd. now owns 16,445,068 shares of the bank’s stock valued at $502,398,000 after acquiring an additional 301,394 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of UBS Group by 20.2% during the 3rd quarter. Wellington Management Group LLP now owns 13,708,623 shares of the bank’s stock valued at $423,504,000 after acquiring an additional 2,307,033 shares in the last quarter. Finally, ARGA Investment Management LP grew its position in UBS Group by 6.5% during the 4th quarter. ARGA Investment Management LP now owns 7,338,038 shares of the bank’s stock worth $224,259,000 after acquiring an additional 445,876 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Morgan Stanley downgraded UBS Group from an “overweight” rating to an “equal weight” rating in a research note on Thursday, February 20th. Deutsche Bank Aktiengesellschaft raised shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Monday, February 10th. StockNews.com lowered UBS Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. Kepler Capital Markets raised shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. Finally, BNP Paribas upgraded shares of UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

UBS Group Price Performance

Shares of UBS opened at $34.38 on Tuesday. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.05 and a current ratio of 1.06. The firm has a market cap of $110.24 billion, a PE ratio of 22.62 and a beta of 1.16. The business’s 50 day moving average price is $33.21 and its two-hundred day moving average price is $31.92. UBS Group AG has a 52-week low of $26.01 and a 52-week high of $35.84.

UBS Group (NYSE:UBS) last released its quarterly earnings data on Tuesday, February 4th. The bank reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $10.90 billion. During the same period last year, the company earned ($0.09) EPS. UBS Group’s revenue for the quarter was up 1.9% compared to the same quarter last year. On average, equities analysts anticipate 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. Investors of record on Wednesday, April 16th will be 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 is Wednesday, April 16th. UBS Group’s dividend payout ratio (DPR) is currently 19.08%.

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.