Equitable Trust Co. Has $2.28 Million Stock Position in UBS Group AG (NYSE:UBS)

Equitable Trust Co. lowered its position in shares of UBS Group AG (NYSE:UBS) by 1.8% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 75,213 shares of the bank’s stock after selling 1,364 shares during the quarter. Equitable Trust Co.’s holdings in UBS Group were worth $2,280,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Berbice Capital Management LLC bought a new position in shares of UBS Group in the fourth quarter worth $27,000. Versant Capital Management Inc bought a new position in shares of UBS Group in the fourth quarter worth $40,000. Continuum Advisory LLC increased its position in shares of UBS Group by 41.6% in 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 period. FSC Wealth Advisors LLC bought a new position in shares of UBS Group in the third quarter worth $71,000. Finally, Rosenberg Matthew Hamilton increased its position in shares of UBS Group by 15.6% in the third quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank’s stock worth $81,000 after purchasing an additional 355 shares during the period.

Wall Street Analyst Weigh In

A number of brokerages recently commented on UBS. Deutsche Bank Aktiengesellschaft upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Monday. Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. BNP Paribas upgraded UBS Group from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. Finally, StockNews.com cut UBS Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 22nd. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, UBS Group presently has an average rating of “Moderate Buy”.

UBS Group Stock Performance

UBS Group stock opened at $33.61 on Tuesday. UBS Group AG has a 12-month low of $26.00 and a 12-month high of $35.84. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 3.76. The business’s 50-day moving average price is $32.54 and its two-hundred day moving average price is $31.42. The stock has a market cap of $107.77 billion, a PE ratio of 22.11 and a beta of 1.16.

UBS Group (NYSE:UBS) last released 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 business had revenue of $11.06 billion during the quarter, compared to the consensus estimate of $10.90 billion. UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The business’s revenue was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.09) EPS. As a group, analysts expect that UBS Group AG will post 1.95 earnings per share for the current fiscal year.

UBS Group Increases Dividend

The company also recently declared an annual dividend, which will be paid on Thursday, April 17th. Stockholders of record on Wednesday, April 16th will be issued a dividend of $0.90 per share. 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 payout ratio is 15.13%.

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.