UBS Group AG (NYSE:UBS) Stake Boosted by Gallacher Capital Management LLC

Gallacher Capital Management LLC grew its stake in shares of UBS Group AG (NYSE:UBS) by 2.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,033 shares of the bank’s stock after purchasing an additional 416 shares during the quarter. Gallacher Capital Management LLC’s holdings in UBS Group were worth $486,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in UBS. Berbice Capital Management LLC bought a new position in UBS Group during the 4th quarter worth $27,000. Rakuten Securities Inc. bought a new position in shares of UBS Group during the fourth quarter worth about $30,000. Versant Capital Management Inc bought a new position in shares of UBS Group during the fourth quarter worth about $40,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of UBS Group during the fourth quarter worth about $41,000. Finally, Continuum Advisory LLC grew its position in UBS Group by 41.6% in 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 last quarter.

Analyst Ratings Changes

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

UBS Group Stock Performance

Shares of NYSE UBS opened at $32.79 on Friday. The stock has a fifty day moving average price of $33.59 and a two-hundred day moving average price of $32.04. 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 firm has a market cap of $105.12 billion, a P/E ratio of 21.57 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.

UBS Group (NYSE:UBS) last announced its earnings results 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). UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The firm had revenue of $11.06 billion for the quarter, compared to the consensus estimate of $10.90 billion. During the same period in the prior year, the business earned ($0.09) EPS. The company’s quarterly revenue was up 1.9% compared to the same quarter last year. Research analysts forecast that UBS Group AG will post 1.9 EPS for the current fiscal year.

UBS Group Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Thursday, April 17th. Stockholders of record on Wednesday, April 16th will be given a dividend of $0.90 per share. This is a positive change from UBS Group’s previous annual dividend of $0.23. The ex-dividend date is Wednesday, April 16th. This represents a dividend yield of 2.1%. UBS Group’s dividend payout ratio (DPR) 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.