PDS Planning Inc Boosts Stake in UBS Group AG (NYSE:UBS)

PDS Planning Inc boosted its position in shares of UBS Group AG (NYSE:UBS) by 6.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 17,556 shares of the bank’s stock after purchasing an additional 1,101 shares during the quarter. PDS Planning Inc’s holdings in UBS Group were worth $532,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Berbice Capital Management LLC purchased a new stake in UBS Group during the fourth quarter worth $27,000. Rakuten Securities Inc. purchased a new stake in UBS Group during the fourth quarter worth $30,000. Versant Capital Management Inc purchased a new stake in UBS Group during the fourth quarter worth $40,000. Kohmann Bosshard Financial Services LLC purchased a new stake in UBS Group during the fourth quarter worth $41,000. Finally, Continuum Advisory LLC boosted its position in UBS Group by 41.6% during 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 in the last quarter.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Kepler Capital Markets upgraded 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 report on Friday, January 3rd. Deutsche Bank Aktiengesellschaft raised UBS Group from a “hold” rating to a “buy” rating in a report on Monday, February 10th. Morgan Stanley cut UBS Group from an “overweight” rating to an “equal weight” rating in a report on Thursday, February 20th. Finally, StockNews.com cut UBS Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 22nd. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, UBS Group has an average rating of “Hold”.

UBS Group Stock Performance

NYSE UBS opened at $33.85 on Wednesday. The stock has a market cap of $108.55 billion, a price-to-earnings ratio of 22.27 and a beta of 1.15. The business has a fifty day moving average of $33.65 and a 200-day moving average of $32.08. UBS Group AG has a fifty-two week low of $26.01 and a fifty-two week 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.

UBS Group (NYSE:UBS) last released its earnings results on Tuesday, February 4th. The bank reported $0.23 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.08). The business 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 business’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.09) earnings per share. As a group, analysts predict that UBS Group AG will post 1.9 earnings per share for the current fiscal year.

UBS Group Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 16th will be paid a $0.90 dividend. This is a positive change from UBS Group’s previous annual dividend of $0.23. This represents a yield of 2.1%. The ex-dividend date of this dividend is Wednesday, April 16th. UBS Group’s dividend payout ratio is presently 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.