American Century Companies Inc. Buys 97,925 Shares of UBS Group AG (NYSE:UBS)

American Century Companies Inc. raised its stake in shares of UBS Group AG (NYSE:UBS) by 9.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,151,221 shares of the bank’s stock after acquiring an additional 97,925 shares during the quarter. American Century Companies Inc.’s holdings in UBS Group were worth $34,905,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Thrivent Financial for Lutherans grew its holdings in shares of UBS Group by 44.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 15,775 shares of the bank’s stock worth $488,000 after purchasing an additional 4,889 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of UBS Group by 17.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 220,042 shares of the bank’s stock worth $6,801,000 after buying an additional 33,089 shares during the period. Cerity Partners LLC lifted its holdings in shares of UBS Group by 45.7% during the third quarter. Cerity Partners LLC now owns 128,980 shares of the bank’s stock valued at $3,987,000 after acquiring an additional 40,485 shares during the period. The Manufacturers Life Insurance Company boosted its stake in shares of UBS Group by 1.4% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,409,585 shares of the bank’s stock valued at $43,702,000 after purchasing an additional 18,918 shares in the last quarter. Finally, Townsquare Capital LLC boosted its position in UBS Group by 40.3% in the third quarter. Townsquare Capital LLC now owns 51,533 shares of the bank’s stock valued at $1,593,000 after buying an additional 14,794 shares in the last quarter.

UBS Group Trading Down 1.1 %

UBS opened at $31.56 on Friday. 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 AG has a twelve month low of $26.01 and a twelve month high of $35.84. The firm’s fifty day moving average is $33.66 and its two-hundred day moving average is $32.23. The firm has a market cap of $101.19 billion, a PE ratio of 20.76 and a beta of 1.15.

UBS Group (NYSE:UBS) last posted its quarterly earnings data on Tuesday, February 4th. The bank reported $0.23 earnings per share for the quarter, missing the consensus estimate 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 analyst estimates of $10.90 billion. During the same period in the prior year, the company earned ($0.09) earnings per share. The firm’s quarterly revenue was up 1.9% on a year-over-year basis. Equities research analysts anticipate that UBS Group AG will post 1.9 EPS for the current year.

UBS Group Increases Dividend

The firm also recently declared 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 payout ratio is 14.47%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on UBS. Deutsche Bank Aktiengesellschaft raised UBS Group from a “hold” rating to a “buy” rating in a report on Monday, February 10th. Morgan Stanley lowered UBS Group from an “overweight” rating to an “equal weight” rating in a research note on Thursday, February 20th. BNP Paribas upgraded UBS Group from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. Bank of America cut shares of UBS Group from a “neutral” rating to an “underperform” rating in a research note on Thursday. Finally, StockNews.com cut UBS Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock 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.