UBS Group AG (NYSE:UBS) Stock Position Cut by Zhang Financial LLC

Zhang Financial LLC lessened its stake in UBS Group AG (NYSE:UBS) by 3.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,082 shares of the bank’s stock after selling 930 shares during the period. Zhang Financial LLC’s holdings in UBS Group were worth $713,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of UBS. Cambridge Investment Research Advisors Inc. grew its position in UBS Group by 6.1% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 24,726 shares of the bank’s stock valued at $483,000 after buying an additional 1,412 shares in the last quarter. BlackRock Inc. grew its position in UBS Group by 6.1% in the 1st quarter. BlackRock Inc. now owns 2,465,156 shares of the bank’s stock valued at $48,169,000 after buying an additional 142,328 shares in the last quarter. Dimensional Fund Advisors LP grew its position in UBS Group by 11.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,348,771 shares of the bank’s stock valued at $84,975,000 after buying an additional 453,906 shares in the last quarter. Sei Investments Co. grew its position in UBS Group by 136.0% in the 1st quarter. Sei Investments Co. now owns 293,491 shares of the bank’s stock valued at $5,716,000 after buying an additional 169,106 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its position in UBS Group by 39.3% in the 1st quarter. Sequoia Financial Advisors LLC now owns 15,826 shares of the bank’s stock valued at $309,000 after buying an additional 4,466 shares in the last quarter.

UBS Group Stock Down 0.2 %

UBS stock opened at $28.07 on Friday. The company has a quick ratio of 1.09, a current ratio of 1.10 and a debt-to-equity ratio of 4.23. UBS Group AG has a one year low of $18.71 and a one year high of $32.13. The firm has a 50-day moving average of $29.63 and a two-hundred day moving average of $28.16.

UBS Group (NYSE:UBS) last posted its quarterly earnings data on Tuesday, February 6th. The bank reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.18). UBS Group had a net margin of 43.70% and a return on equity of 7.56%. The firm had revenue of $10.86 billion for the quarter, compared to analysts’ expectations of $12.06 billion. During the same period in the prior year, the company posted $0.50 earnings per share. UBS Group’s quarterly revenue was up 35.2% compared to the same quarter last year. On average, research analysts expect that UBS Group AG will post 1.11 EPS for the current year.

UBS Group Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, May 3rd. Shareholders of record on Thursday, May 2nd will be paid a dividend of $0.228 per share. The ex-dividend date is Wednesday, May 1st. This is a positive change from UBS Group’s previous annual dividend of $0.18. This represents a yield of 0.82%. UBS Group’s dividend payout ratio is currently 2.00%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on UBS shares. StockNews.com upgraded shares of UBS Group from a “sell” rating to a “hold” rating in a research report on Friday, December 29th. Morgan Stanley upgraded shares of UBS Group from an “equal weight” rating to an “overweight” rating in a research report on Friday, March 8th. Finally, Societe Generale upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Wednesday, February 7th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, UBS Group currently has a consensus rating of “Moderate Buy”.

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.