11,000 Shares in UBS Group AG (NYSE:UBS) Acquired by Mountain Hill Investment Partners Corp.

Mountain Hill Investment Partners Corp. acquired a new stake in UBS Group AG (NYSE:UBS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 11,000 shares of the bank’s stock, valued at approximately $334,000. UBS Group comprises about 0.3% of Mountain Hill Investment Partners Corp.’s portfolio, making the stock its 27th biggest position.

A number of other institutional investors have also recently bought and sold shares of the business. Berbice Capital Management LLC acquired a new position in shares of UBS Group in the 4th quarter valued at $27,000. Rakuten Securities Inc. acquired a new position in UBS Group in the fourth quarter valued at about $30,000. Versant Capital Management Inc acquired a new position in UBS Group in the fourth quarter valued at about $40,000. Kohmann Bosshard Financial Services LLC bought a new position in UBS Group during the fourth quarter worth about $41,000. Finally, Continuum Advisory LLC increased its stake in shares of UBS Group by 41.6% in the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock valued at $49,000 after acquiring an additional 450 shares during the last quarter.

UBS Group Stock Down 0.8 %

UBS Group stock opened at $32.74 on Monday. The company has a 50 day moving average of $33.68 and a 200-day moving average of $32.15. 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 AG has a twelve month low of $26.01 and a twelve month high of $35.84. The stock has a market capitalization of $104.96 billion, a PE ratio of 21.54 and a beta of 1.15.

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 analysts’ consensus estimates 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 previous year, the company posted ($0.09) earnings per share. UBS Group’s revenue for the quarter was up 1.9% on a year-over-year basis. On average, equities research analysts anticipate that UBS Group AG will post 1.9 EPS for the current fiscal year.

UBS Group Increases Dividend

The company also recently announced an annual dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 16th will be given a $0.90 dividend. This represents a yield of 2.1%. The ex-dividend date is Wednesday, April 16th. This is a positive change from UBS Group’s previous annual dividend of $0.23. UBS Group’s dividend payout ratio (DPR) is currently 19.08%.

Analysts Set New Price Targets

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

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.