Signaturefd LLC Boosts Stake in UBS Group AG (NYSE:UBS)

Signaturefd LLC raised its holdings in UBS Group AG (NYSE:UBS) by 5.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 78,725 shares of the bank’s stock after acquiring an additional 4,178 shares during the period. Signaturefd LLC’s holdings in UBS Group were worth $2,387,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of UBS. Berbice Capital Management LLC bought a new position in UBS Group in the fourth quarter valued at $27,000. Rakuten Securities Inc. purchased a new stake in shares of UBS Group in the 4th quarter valued at $30,000. Versant Capital Management Inc bought a new position in shares of UBS Group during the 4th quarter valued at $40,000. Kohmann Bosshard Financial Services LLC purchased a new position in UBS Group in the 4th quarter worth $41,000. Finally, Continuum Advisory LLC lifted its stake in UBS Group by 41.6% in the third 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.

Analysts Set New Price Targets

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

UBS Group Trading Up 2.2 %

Shares of NYSE:UBS opened at $33.45 on Tuesday. UBS Group AG has a 1 year low of $26.01 and a 1 year high of $35.84. The stock’s fifty day moving average price is $33.62 and its 200-day moving average price is $32.06. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.06 and a quick ratio of 1.05. The company has a market cap of $107.24 billion, a P/E ratio of 22.00 and a beta of 1.15.

UBS Group (NYSE:UBS) last released its quarterly earnings results 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 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 the consensus estimate of $10.90 billion. During the same period in the previous year, the company earned ($0.09) earnings per share. UBS Group’s quarterly revenue was up 1.9% compared to the same quarter last year. Sell-side analysts expect 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 issued a dividend of $0.90 per share. This represents a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, April 16th. This is an increase from UBS Group’s previous annual dividend of $0.23. UBS Group’s dividend payout ratio is 19.08%.

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.