Personal CFO Solutions LLC Reduces Position in UBS Group AG (NYSE:UBS)

Personal CFO Solutions LLC lessened its stake in shares of UBS Group AG (NYSE:UBS) by 1.1% during the 4th quarter, Holdings Channel reports. The firm owned 28,269 shares of the bank’s stock after selling 309 shares during the quarter. Personal CFO Solutions LLC’s holdings in UBS Group were worth $857,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Berbice Capital Management LLC purchased a new stake in UBS Group during the 4th quarter worth approximately $27,000. Versant Capital Management Inc purchased a new stake in UBS Group during the 4th quarter worth approximately $40,000. Kohmann Bosshard Financial Services LLC purchased a new stake in UBS Group during the 4th quarter worth approximately $41,000. Continuum Advisory LLC grew its position in UBS Group by 41.6% during the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock worth $49,000 after purchasing an additional 450 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC grew its position in UBS Group by 42.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,989 shares of the bank’s stock worth $91,000 after purchasing an additional 887 shares during the last quarter.

UBS Group Stock Performance

Shares of NYSE UBS opened at $34.15 on Friday. The company’s fifty day moving average price is $33.45 and its 200 day moving average price is $32.00. UBS Group AG has a 1 year low of $26.01 and a 1 year high of $35.84. The company has a market capitalization of $109.48 billion, a PE ratio of 22.46 and a beta of 1.15. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.05 and a current ratio of 1.06.

UBS Group (NYSE:UBS) last announced its quarterly earnings results 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 firm had revenue of $11.06 billion for the quarter, compared to analysts’ expectations of $10.90 billion. During the same period last year, the company posted ($0.09) earnings per share. The business’s quarterly revenue was up 1.9% on a year-over-year basis. On average, research analysts predict that UBS Group AG will post 1.9 earnings per share for the current year.

UBS Group Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, April 16th will be given a dividend of $0.90 per share. The ex-dividend date is Wednesday, April 16th. This is a boost from UBS Group’s previous annual dividend of $0.23. This represents a yield of 2.1%. UBS Group’s dividend payout ratio is currently 19.08%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on UBS. StockNews.com downgraded shares of UBS Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 22nd. Deutsche Bank Aktiengesellschaft raised shares of UBS Group from a “hold” rating to a “buy” rating in a report on Monday, February 10th. Kepler Capital Markets raised shares of UBS Group from a “hold” rating to a “buy” rating in a report on Friday, January 10th. BNP Paribas raised shares of UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. Finally, Morgan Stanley downgraded shares of UBS Group from an “overweight” rating to an “equal weight” rating in a report on Thursday, February 20th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus 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.