Callan Family Office LLC Acquires Shares of 25,883 UBS Group AG (NYSE:UBS)

Callan Family Office LLC acquired a new stake in shares of UBS Group AG (NYSE:UBS) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 25,883 shares of the bank’s stock, valued at approximately $785,000.

Other institutional investors have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC grew its holdings in UBS Group by 1.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 106,019 shares of the bank’s stock valued at $3,277,000 after buying an additional 1,114 shares in the last quarter. Ritholtz Wealth Management grew its holdings in UBS Group by 16.6% during the 4th quarter. Ritholtz Wealth Management now owns 206,803 shares of the bank’s stock valued at $6,270,000 after buying an additional 29,367 shares in the last quarter. M.E. Allison & CO. Inc. purchased a new stake in UBS Group during the 4th quarter valued at approximately $354,000. Park Avenue Securities LLC grew its holdings in UBS Group by 21.7% during the 4th quarter. Park Avenue Securities LLC now owns 37,205 shares of the bank’s stock valued at $1,128,000 after buying an additional 6,638 shares in the last quarter. Finally, Kingsview Wealth Management LLC purchased a new stake in UBS Group during the 4th quarter valued at approximately $218,000.

UBS Group Stock Performance

Shares of UBS Group stock opened at $34.15 on Friday. The firm has a market cap of $109.48 billion, a P/E ratio of 22.46 and a beta of 1.15. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 3.76. UBS Group AG has a 12 month low of $26.01 and a 12 month high of $35.84. The stock’s fifty day moving average price is $33.45 and its 200-day moving average price is $32.00.

UBS Group (NYSE:UBS) last announced its quarterly earnings results on Tuesday, February 4th. The bank reported $0.23 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 firm had revenue of $11.06 billion for the quarter, compared to analysts’ expectations of $10.90 billion. During the same quarter in the prior year, the business posted ($0.09) EPS. The business’s quarterly revenue was up 1.9% on a year-over-year basis. On average, equities research analysts expect that UBS Group AG will post 1.9 earnings per share for the current fiscal year.

UBS Group Increases Dividend

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

Analysts Set New Price Targets

UBS has been the subject of a number of research reports. Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. StockNews.com downgraded UBS Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 22nd. Morgan Stanley downgraded UBS Group from an “overweight” rating to an “equal weight” rating in a research report 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. Finally, Deutsche Bank Aktiengesellschaft upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Monday, February 10th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

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.