Kohmann Bosshard Financial Services LLC Acquires New Holdings in UBS Group AG (NYSE:UBS)

Kohmann Bosshard Financial Services LLC acquired a new stake in UBS Group AG (NYSE:UBS) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 1,350 shares of the bank’s stock, valued at approximately $41,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in UBS Group by 6.1% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 57,349,524 shares of the bank’s stock valued at $1,771,713,000 after acquiring an additional 3,289,387 shares during the last quarter. Pzena Investment Management LLC boosted its stake in shares of UBS Group by 2.8% during the 3rd quarter. Pzena Investment Management LLC now owns 30,802,466 shares of the bank’s stock worth $952,104,000 after purchasing an additional 851,231 shares during the last quarter. Vontobel Holding Ltd. boosted its stake in shares of UBS Group by 1.9% during the 4th quarter. Vontobel Holding Ltd. now owns 16,445,068 shares of the bank’s stock worth $502,398,000 after purchasing an additional 301,394 shares during the last quarter. Wellington Management Group LLP boosted its stake in shares of UBS Group by 20.2% during the 3rd quarter. Wellington Management Group LLP now owns 13,708,623 shares of the bank’s stock worth $423,504,000 after purchasing an additional 2,307,033 shares during the last quarter. Finally, ARGA Investment Management LP boosted its stake in shares of UBS Group by 6.5% during the 4th quarter. ARGA Investment Management LP now owns 7,338,038 shares of the bank’s stock worth $224,259,000 after purchasing an additional 445,876 shares during the last quarter.

UBS Group Price Performance

UBS opened at $34.38 on Tuesday. The company’s 50 day simple moving average is $33.21 and its 200 day simple moving average is $31.92. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.05 and a current ratio of 1.06. UBS Group AG has a 1 year low of $26.01 and a 1 year high of $35.84. The stock has a market capitalization of $110.24 billion, a PE ratio of 22.62 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 the consensus estimate of $0.31 by ($0.08). UBS Group had a return on equity of 5.93% and a net margin of 6.93%. The company had revenue of $11.06 billion during the quarter, compared to analyst estimates of $10.90 billion. During the same period in the prior year, the business posted ($0.09) earnings per share. UBS Group’s revenue was up 1.9% on a year-over-year basis. As a group, sell-side analysts expect 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 issued a $0.90 dividend. This is a positive change from UBS Group’s previous annual dividend of $0.23. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a yield of 2.1%. UBS Group’s dividend payout ratio (DPR) is presently 19.08%.

Analysts Set New Price Targets

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

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.