UBS Group (NYSE:UBS) Sees Large Volume Increase – Here’s What Happened

UBS Group AG (NYSE:UBS) shares saw unusually-high trading volume on Tuesday . 2,444,778 shares were traded during trading, an increase of 17% from the previous session’s volume of 2,095,099 shares.The stock last traded at $32.62 and had previously closed at $34.38.

Analyst Ratings Changes

A number of brokerages have weighed in on UBS. Morgan Stanley downgraded shares of UBS Group from an “overweight” rating to an “equal weight” rating in a report on Thursday, February 20th. StockNews.com lowered shares of UBS Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 22nd. Deutsche Bank Aktiengesellschaft upgraded UBS Group from a “hold” rating to a “buy” rating in a research report 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, BNP Paribas raised UBS Group from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold”.

UBS Group Trading Down 2.2 %

The stock has a market cap of $107.81 billion, a price-to-earnings ratio of 22.27 and a beta of 1.16. 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 company’s 50 day simple moving average is $33.21 and its two-hundred day simple moving average is $31.92.

UBS Group (NYSE:UBS) last released its quarterly earnings data on Tuesday, February 4th. The bank reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.08). The company had revenue of $11.06 billion during the quarter, compared to analyst estimates of $10.90 billion. UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The firm’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.09) EPS. Research analysts expect that UBS Group AG will post 1.9 EPS 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. Stockholders of record on Wednesday, April 16th will be paid a dividend of $0.90 per share. This represents a dividend yield of 2.1%. The ex-dividend date is Wednesday, April 16th. This is an increase from UBS Group’s previous annual dividend of $0.23. UBS Group’s dividend payout ratio is 19.08%.

Institutional Investors Weigh In On UBS Group

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

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.