NatWest Group plc Has $6 Million Stake in UBS Group AG (NYSE:UBS)

NatWest Group plc boosted its position in shares of UBS Group AG (NYSE:UBS) by 87.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 197,901 shares of the bank’s stock after purchasing an additional 92,203 shares during the period. UBS Group accounts for 1.8% of NatWest Group plc’s investment portfolio, making the stock its 24th biggest holding. NatWest Group plc’s holdings in UBS Group were worth $6,000,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in UBS. AQR Capital Management LLC grew its holdings in shares of UBS Group by 226.8% during the second quarter. AQR Capital Management LLC now owns 27,928 shares of the bank’s stock valued at $825,000 after buying an additional 19,382 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in UBS Group during the 2nd quarter worth about $724,000. Wedmont Private Capital grew its stake in UBS Group by 10.6% during the 3rd quarter. Wedmont Private Capital now owns 9,173 shares of the bank’s stock valued at $287,000 after acquiring an additional 879 shares in the last quarter. Valeo Financial Advisors LLC increased its holdings in shares of UBS Group by 2.8% in the 3rd quarter. Valeo Financial Advisors LLC now owns 29,893 shares of the bank’s stock valued at $924,000 after purchasing an additional 810 shares during the period. Finally, Ritholtz Wealth Management lifted its position in shares of UBS Group by 14.4% in the third quarter. Ritholtz Wealth Management now owns 177,436 shares of the bank’s stock worth $5,485,000 after purchasing an additional 22,363 shares in the last quarter.

UBS Group Price Performance

NYSE UBS opened at $33.43 on Friday. The company has a 50 day moving average price of $32.52 and a two-hundred day moving average price of $31.39. UBS Group AG has a 12-month low of $26.00 and a 12-month high of $35.84. The stock has a market capitalization of $107.17 billion, a PE ratio of 21.99 and a beta of 1.16. 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 (NYSE:UBS) last issued its quarterly earnings data on Tuesday, February 4th. The bank reported $0.23 earnings per share (EPS) 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 business had revenue of $11.06 billion during the quarter, compared to the consensus estimate of $10.90 billion. During the same quarter in the prior year, the company posted ($0.09) earnings per share. The company’s revenue for the quarter was up 1.9% on a year-over-year basis. As a group, equities analysts predict that UBS Group AG will post 1.95 earnings per share for the current fiscal year.

UBS Group Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Thursday, April 17th. Investors 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 of this dividend is Wednesday, April 16th. UBS Group’s dividend payout ratio (DPR) is presently 15.13%.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. StockNews.com lowered shares of UBS Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. BNP Paribas upgraded UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. Finally, Kepler Capital Markets raised UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, UBS Group has an average 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.