SBI Securities Co. Ltd. Buys Shares of 7,040 UBS Group AG (NYSE:UBS)

SBI Securities Co. Ltd. purchased a new position in shares of UBS Group AG (NYSE:UBS) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 7,040 shares of the bank’s stock, valued at approximately $213,000.

Several other institutional investors and hedge funds have also modified their holdings of UBS. M&G PLC increased its position in UBS Group by 3.1% during the 3rd quarter. M&G PLC now owns 4,507,947 shares of the bank’s stock worth $138,593,000 after purchasing an additional 135,766 shares in the last quarter. Fiera Capital Corp increased its holdings in shares of UBS Group by 81.4% during the third quarter. Fiera Capital Corp now owns 111,500 shares of the bank’s stock worth $3,446,000 after buying an additional 50,041 shares in the last quarter. Assetmark Inc. lifted its stake in shares of UBS Group by 4.0% in the 3rd quarter. Assetmark Inc. now owns 45,964 shares of the bank’s stock valued at $1,421,000 after acquiring an additional 1,779 shares during the last quarter. Baker Avenue Asset Management LP boosted its holdings in shares of UBS Group by 0.6% during the 3rd quarter. Baker Avenue Asset Management LP now owns 512,165 shares of the bank’s stock valued at $15,831,000 after acquiring an additional 3,278 shares in the last quarter. Finally, Crossmark Global Holdings Inc. grew its position in UBS Group by 37.4% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 255,672 shares of the bank’s stock worth $7,903,000 after acquiring an additional 69,592 shares during the last quarter.

Analysts Set New Price Targets

UBS has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft raised UBS Group from a “hold” rating to a “buy” rating in a research note on Monday, February 10th. StockNews.com lowered shares of UBS Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 22nd. Morgan Stanley downgraded 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 note on Friday, January 10th. Finally, BNP Paribas raised UBS Group from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

UBS Group Stock Performance

NYSE:UBS opened at $33.11 on Friday. The company has a market capitalization of $106.16 billion, a PE ratio of 21.78 and a beta of 1.15. 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 debt-to-equity ratio of 3.76, a quick ratio of 1.05 and a current ratio of 1.06. The company has a 50 day simple moving average of $33.39 and a two-hundred day simple moving average of $31.97.

UBS Group (NYSE:UBS) last posted its quarterly earnings data 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). The firm had revenue of $11.06 billion for the quarter, compared to analyst estimates of $10.90 billion. UBS Group had a return on equity of 5.93% and a net margin of 6.93%. The company’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter last year, the company earned ($0.09) earnings per share. Research analysts anticipate that UBS Group AG will post 1.9 earnings per share for the current 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 paid a $0.90 dividend. This represents a dividend yield of 2.1%. This is an increase from UBS Group’s previous annual dividend of $0.23. The ex-dividend date is Wednesday, April 16th. UBS Group’s payout ratio is currently 19.08%.

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.