UBS Group AG (NYSE:UBS) Shares Acquired by PDS Planning Inc

PDS Planning Inc lifted its holdings in shares of UBS Group AG (NYSE:UBS) by 6.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 17,556 shares of the bank’s stock after acquiring an additional 1,101 shares during the period. PDS Planning Inc’s holdings in UBS Group were worth $532,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in UBS. Berbice Capital Management LLC acquired a new position in UBS Group during the fourth quarter worth approximately $27,000. Rakuten Securities Inc. acquired a new position in UBS Group during the fourth quarter worth approximately $30,000. Versant Capital Management Inc acquired a new position in UBS Group during the fourth quarter worth approximately $40,000. Kohmann Bosshard Financial Services LLC acquired a new position in UBS Group during the fourth quarter worth approximately $41,000. Finally, Continuum Advisory LLC increased 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 buying an additional 450 shares during the period.

UBS Group Trading Up 1.3 %

NYSE:UBS opened at $33.85 on Wednesday. The firm has a market cap of $108.55 billion, a P/E ratio of 22.27 and a beta of 1.15. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 3.76. The stock’s 50 day simple moving average is $33.65 and its 200-day simple moving average is $32.08. UBS Group AG has a 12-month low of $26.01 and a 12-month high of $35.84.

UBS Group (NYSE:UBS) last posted its quarterly earnings results on Tuesday, February 4th. The bank reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.08). UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The business had revenue of $11.06 billion during the quarter, compared to analysts’ expectations of $10.90 billion. During the same quarter last year, the firm earned ($0.09) earnings per share. The firm’s quarterly revenue was up 1.9% compared to the same quarter last year. Equities analysts anticipate 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. Investors of record on Wednesday, April 16th will be paid a $0.90 dividend. The ex-dividend date is Wednesday, April 16th. This is an increase from UBS Group’s previous annual dividend of $0.23. This represents a dividend yield of 2.1%. UBS Group’s payout ratio is 19.08%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. BNP Paribas raised UBS Group from a “neutral” rating to an “outperform” rating in a research 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. Kepler Capital Markets raised UBS Group from a “hold” rating to a “buy” rating in a report on Friday, January 10th. StockNews.com lowered UBS Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 22nd. Finally, Morgan Stanley lowered UBS Group from an “overweight” rating to an “equal weight” rating in a report on Thursday, February 20th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold”.

About UBS Group

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.