UBS Group AG (NYSE:UBS) Stock Position Raised by Natixis Advisors L.P.

Natixis Advisors L.P. grew its stake in shares of UBS Group AG (NYSE:UBS) by 8.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 4,444,729 shares of the bank’s stock after purchasing an additional 356,742 shares during the period. Natixis Advisors L.P.’s holdings in UBS Group were worth $137,342,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Anchor Investment Management LLC bought a new position in UBS Group during the 4th quarter valued at about $28,000. Cary Street Partners Investment Advisory LLC increased its holdings in shares of UBS Group by 61.8% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 1,340 shares of the bank’s stock worth $33,000 after buying an additional 512 shares in the last quarter. Harvest Fund Management Co. Ltd raised its stake in shares of UBS Group by 118.5% in the third quarter. Harvest Fund Management Co. Ltd now owns 1,868 shares of the bank’s stock valued at $46,000 after acquiring an additional 1,013 shares during the last quarter. First Horizon Advisors Inc. boosted its holdings in shares of UBS Group by 91.2% in the 4th quarter. First Horizon Advisors Inc. now owns 1,543 shares of the bank’s stock worth $48,000 after acquiring an additional 736 shares in the last quarter. Finally, Naples Money Management LLC bought a new stake in UBS Group during the 4th quarter worth approximately $51,000.

Analyst Ratings Changes

Several brokerages have issued reports on UBS. Citigroup downgraded UBS Group from a “buy” rating to a “neutral” rating in a research report on Tuesday, April 23rd. Societe Generale upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Wednesday, February 7th. Morgan Stanley upgraded UBS Group from an “equal weight” rating to an “overweight” rating in a research report on Friday, March 8th. Finally, BNP Paribas cut UBS Group from an “outperform” rating to a “neutral” rating in a report on Monday, April 22nd. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, UBS Group currently has a consensus rating of “Hold”.

UBS Group Trading Up 1.9 %

NYSE UBS traded up $0.49 during midday trading on Thursday, hitting $26.68. The company had a trading volume of 2,777,613 shares, compared to its average volume of 2,876,959. The firm has a 50-day moving average price of $29.59 and a 200-day moving average price of $28.35. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.10 and a quick ratio of 1.09. UBS Group AG has a twelve month low of $18.71 and a twelve month high of $32.13.

UBS Group (NYSE:UBS) last posted its quarterly earnings results on Tuesday, February 6th. The bank reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.18). The company had revenue of $10.86 billion during the quarter, compared to analyst estimates of $12.06 billion. UBS Group had a net margin of 43.70% and a return on equity of 7.56%. The firm’s revenue for the quarter was up 35.2% compared to the same quarter last year. During the same period last year, the firm earned $0.50 EPS. On average, analysts expect that UBS Group AG will post 0.78 EPS for the current fiscal year.

UBS Group Increases Dividend

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

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.