AMF Tjanstepension AB Boosts Stock Position in UBS Group AG (NYSE:UBS)

AMF Tjanstepension AB boosted its stake in shares of UBS Group AG (NYSE:UBS) by 114.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 261,942 shares of the bank’s stock after purchasing an additional 139,846 shares during the quarter. AMF Tjanstepension AB’s holdings in UBS Group were worth $8,026,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Berbice Capital Management LLC purchased a new stake in UBS Group during the 4th quarter worth about $27,000. Versant Capital Management Inc purchased a new stake in UBS Group during the 4th quarter worth about $40,000. Kohmann Bosshard Financial Services LLC purchased a new stake in UBS Group during the 4th quarter worth about $41,000. Continuum Advisory LLC increased its holdings 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 purchasing an additional 450 shares during the period. Finally, Steward Partners Investment Advisory LLC increased its holdings in UBS Group by 42.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,989 shares of the bank’s stock worth $91,000 after purchasing an additional 887 shares during the period.

Analyst Ratings Changes

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

UBS Group Trading Up 3.2 %

NYSE:UBS opened at $34.15 on Friday. The stock has a 50-day simple moving average of $33.45 and a 200-day simple moving average of $32.00. The stock has a market cap of $109.48 billion, a P/E ratio of 22.46 and a beta of 1.15. UBS Group AG has a 1 year low of $26.01 and a 1 year high of $35.84. 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 (NYSE:UBS) last announced its earnings results 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). The firm 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 revenue for the quarter was up 1.9% compared to the same quarter last year. During the same period last year, the company earned ($0.09) earnings per share. As a group, analysts anticipate that UBS Group AG will post 1.9 earnings per share for the current fiscal 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 given a $0.90 dividend. The ex-dividend date is Wednesday, April 16th. This is a boost from UBS Group’s previous annual dividend of $0.23. This represents a dividend yield of 2.1%. UBS Group’s dividend payout ratio is 19.08%.

UBS Group 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.