Charles Schwab Investment Management Inc. Has $7.86 Million Stock Holdings in UBS Group AG (NYSE:UBS)

Charles Schwab Investment Management Inc. grew its position in UBS Group AG (NYSE:UBS) by 17.9% during the 4th quarter, HoldingsChannel reports. The firm owned 259,326 shares of the bank’s stock after purchasing an additional 39,284 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in UBS Group were worth $7,863,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of UBS. Berbice Capital Management LLC acquired a new stake in UBS Group in the fourth quarter worth $27,000. Versant Capital Management Inc acquired a new stake in UBS Group in the fourth quarter worth $40,000. Kohmann Bosshard Financial Services LLC acquired a new stake in UBS Group in the fourth quarter worth $41,000. Continuum Advisory LLC raised its holdings 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 period. Finally, Steward Partners Investment Advisory LLC raised its holdings in shares of UBS Group by 42.2% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,989 shares of the bank’s stock worth $91,000 after acquiring an additional 887 shares during the period.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Morgan Stanley lowered shares of UBS Group from an “overweight” rating to an “equal weight” rating in a report on Thursday, February 20th. Deutsche Bank Aktiengesellschaft upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a report on Monday, February 10th. 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. Finally, BNP Paribas raised shares of UBS Group from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

UBS Group Stock Down 0.8 %

UBS Group stock opened at $32.74 on Monday. The company has a market cap of $104.96 billion, a P/E ratio of 21.54 and a beta of 1.15. UBS Group AG has a 1-year low of $26.01 and a 1-year high of $35.84. The company has a fifty day simple moving average of $33.68 and a 200 day simple moving average of $32.15. 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 (NYSE:UBS) last announced its quarterly earnings data on Tuesday, February 4th. The bank reported $0.23 EPS for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $10.90 billion. During the same period last year, the business earned ($0.09) EPS. The business’s revenue was up 1.9% on a year-over-year basis. Research analysts anticipate that UBS Group AG will post 1.9 earnings per share for the current fiscal year.

UBS Group Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Thursday, April 17th. Stockholders of record on Wednesday, April 16th will be given a $0.90 dividend. 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 (DPR) is 19.08%.

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.