ANTIPODES PARTNERS Ltd Raises Stake in UBS Group AG (NYSE:UBS)

ANTIPODES PARTNERS Ltd boosted its holdings in shares of UBS Group AG (NYSE:UBS) by 31.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,449,761 shares of the bank’s stock after acquiring an additional 585,319 shares during the period. UBS Group accounts for about 2.6% of ANTIPODES PARTNERS Ltd’s investment portfolio, making the stock its 16th largest holding. ANTIPODES PARTNERS Ltd owned about 0.08% of UBS Group worth $74,965,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Timber Creek Capital Management LLC increased its stake in UBS Group by 0.3% during the 4th quarter. Timber Creek Capital Management LLC now owns 117,613 shares of the bank’s stock valued at $3,566,000 after purchasing an additional 311 shares in the last quarter. Allworth Financial LP increased its stake in UBS Group by 6.4% during the 4th quarter. Allworth Financial LP now owns 5,528 shares of the bank’s stock valued at $168,000 after purchasing an additional 334 shares in the last quarter. Independent Advisor Alliance increased its stake in UBS Group by 0.4% during the 4th quarter. Independent Advisor Alliance now owns 85,975 shares of the bank’s stock valued at $2,607,000 after purchasing an additional 339 shares in the last quarter. Lindbrook Capital LLC increased its stake in UBS Group by 3.2% during the 4th quarter. Lindbrook Capital LLC now owns 11,247 shares of the bank’s stock valued at $341,000 after purchasing an additional 345 shares in the last quarter. Finally, Commerce Bank increased its stake in UBS Group by 3.9% during the 3rd quarter. Commerce Bank now owns 9,278 shares of the bank’s stock valued at $287,000 after purchasing an additional 346 shares in the last quarter.

UBS Group Stock Performance

Shares of NYSE UBS opened at $31.94 on Thursday. The firm has a 50 day moving average of $33.53 and a 200 day moving average of $32.02. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 3.76. The firm has a market capitalization of $102.40 billion, a price-to-earnings ratio of 21.01 and a beta of 1.15. UBS Group AG has a 12-month low of $26.01 and a 12-month high of $35.84.

UBS Group (NYSE:UBS) last announced its earnings results on Tuesday, February 4th. The bank reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.08). UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The business had revenue of $11.06 billion for the quarter, compared to the consensus estimate of $10.90 billion. During the same quarter last year, the firm posted ($0.09) earnings per share. The business’s quarterly revenue was up 1.9% compared to the same quarter last year. On average, research analysts anticipate that UBS Group AG will post 1.9 earnings per share for the current year.

UBS Group Increases Dividend

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

Analysts Set New Price Targets

A number of research firms have weighed in on UBS. Morgan Stanley lowered shares of UBS Group from an “overweight” rating to an “equal weight” rating in a research note on Thursday, February 20th. Deutsche Bank Aktiengesellschaft upgraded shares of 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 research note on Wednesday, January 22nd. BNP Paribas upgraded shares of UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Finally, Kepler Capital Markets upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, January 10th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, UBS Group presently has an average rating of “Hold”.

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.