UBS Group AG (NYSE:UBS) Holdings Raised by Yousif Capital Management LLC

Yousif Capital Management LLC grew its position in UBS Group AG (NYSE:UBS) by 6.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 61,353 shares of the bank’s stock after acquiring an additional 3,950 shares during the quarter. Yousif Capital Management LLC’s holdings in UBS Group were worth $1,896,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Anchor Investment Management LLC bought a new position in UBS Group during the 4th quarter worth $28,000. Cary Street Partners Investment Advisory LLC grew its stake in UBS Group by 61.8% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 1,340 shares of the bank’s stock worth $33,000 after buying an additional 512 shares during the last quarter. Harvest Fund Management Co. Ltd grew its stake in UBS Group by 118.5% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 1,868 shares of the bank’s stock worth $46,000 after buying an additional 1,013 shares during the last quarter. Naples Money Management LLC bought a new position in UBS Group during the 4th quarter worth $51,000. Finally, Global Retirement Partners LLC grew its stake in UBS Group by 24.0% during the 4th quarter. Global Retirement Partners LLC now owns 2,080 shares of the bank’s stock worth $61,000 after buying an additional 402 shares during the last quarter.

UBS Group Trading Down 2.5 %

NYSE:UBS opened at $26.19 on Thursday. UBS Group AG has a 1 year low of $18.71 and a 1 year high of $32.13. The business has a fifty day moving average of $29.59 and a 200-day moving average of $28.35. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.10 and a quick ratio of 1.09.

UBS Group (NYSE:UBS) last released its quarterly earnings results on Tuesday, February 6th. The bank reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.18). The business had revenue of $10.86 billion during the quarter, compared to the consensus estimate of $12.06 billion. UBS Group had a return on equity of 7.56% and a net margin of 43.70%. The company’s revenue for the quarter was up 35.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.50 EPS. As a group, sell-side analysts forecast that UBS Group AG will post 0.78 earnings per share for the current year.

UBS Group Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, May 3rd. Stockholders of record on Thursday, May 2nd will be issued a $0.228 dividend. This is a positive change from UBS Group’s previous annual dividend of $0.18. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a dividend yield of 0.82%. UBS Group’s dividend payout ratio is 2.00%.

Analysts Set New Price Targets

A number of brokerages recently commented on UBS. Morgan Stanley upgraded UBS Group from an “equal weight” rating to an “overweight” rating in a research note on Friday, March 8th. Societe Generale upgraded UBS Group from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. Citigroup cut UBS Group from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 23rd. Finally, BNP Paribas cut UBS Group from an “outperform” rating to a “neutral” rating in a research note on Monday, April 22nd. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, UBS Group 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.