UBS Group AG (NYSE:UBS) Shares Acquired by Great Lakes Advisors LLC

Great Lakes Advisors LLC lifted its holdings in shares of UBS Group AG (NYSE:UBS) by 8.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 69,811 shares of the bank’s stock after buying an additional 5,389 shares during the period. Great Lakes Advisors LLC’s holdings in UBS Group were worth $2,117,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Timber Creek Capital Management LLC raised its stake in UBS Group by 0.3% in the 4th quarter. Timber Creek Capital Management LLC now owns 117,613 shares of the bank’s stock valued at $3,566,000 after purchasing an additional 311 shares during the last quarter. Allworth Financial LP raised its stake in UBS Group by 6.4% in the 4th quarter. Allworth Financial LP now owns 5,528 shares of the bank’s stock valued at $168,000 after purchasing an additional 334 shares during the last quarter. Independent Advisor Alliance raised its stake in UBS Group by 0.4% in the 4th quarter. Independent Advisor Alliance now owns 85,975 shares of the bank’s stock valued at $2,607,000 after purchasing an additional 339 shares during the last quarter. Lindbrook Capital LLC raised its stake in UBS Group by 3.2% in the 4th quarter. Lindbrook Capital LLC now owns 11,247 shares of the bank’s stock valued at $341,000 after purchasing an additional 345 shares during the last quarter. Finally, Commerce Bank raised its stake in UBS Group by 3.9% in the 3rd quarter. Commerce Bank now owns 9,278 shares of the bank’s stock valued at $287,000 after purchasing an additional 346 shares during the last quarter.

Wall Street Analyst Weigh In

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

UBS Group Stock Up 3.4 %

Shares of UBS opened at $32.79 on Friday. UBS Group AG has a 52-week low of $26.01 and a 52-week high of $35.84. The company has a market capitalization of $105.12 billion, a PE ratio of 21.57 and a beta of 1.15. The stock has a fifty day simple moving average of $33.59 and a two-hundred day simple moving average of $32.04. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 3.76.

UBS Group (NYSE:UBS) last issued 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 company had revenue of $11.06 billion during the quarter, compared to analyst estimates of $10.90 billion. UBS Group had a return on equity of 5.93% and a net margin of 6.93%. The firm’s revenue was up 1.9% compared to the same quarter last year. During the same period last year, the business earned ($0.09) earnings per share. As a group, equities analysts forecast that UBS Group AG will post 1.9 EPS for the current year.

UBS Group Increases Dividend

The firm 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. The ex-dividend date of this dividend 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 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.