Timber Creek Capital Management LLC Buys 311 Shares of UBS Group AG (NYSE:UBS)

Timber Creek Capital Management LLC boosted its stake in UBS Group AG (NYSE:UBS) by 0.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 117,613 shares of the bank’s stock after purchasing an additional 311 shares during the quarter. Timber Creek Capital Management LLC’s holdings in UBS Group were worth $3,566,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in UBS. Berbice Capital Management LLC acquired a new position in shares of UBS Group during the 4th quarter worth about $27,000. Versant Capital Management Inc acquired a new position in UBS Group during the fourth quarter valued at approximately $40,000. Continuum Advisory LLC increased 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 valued at $49,000 after purchasing an additional 450 shares in the last quarter. FSC Wealth Advisors LLC acquired a new stake in UBS Group in the third quarter worth $71,000. Finally, Rosenberg Matthew Hamilton boosted its position in shares of UBS Group by 15.6% during the third quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank’s stock worth $81,000 after purchasing an additional 355 shares in the last quarter.

UBS Group Stock Performance

Shares of UBS Group stock opened at $34.34 on Wednesday. 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 firm has a market cap of $110.09 billion, a price-to-earnings ratio of 22.59 and a beta of 1.16. The stock’s 50-day moving average is $32.69 and its 200-day moving average is $31.61. UBS Group AG has a one year low of $26.00 and a one year high of $35.84.

UBS Group (NYSE:UBS) last announced its 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). The business had revenue of $11.06 billion for the quarter, compared to analyst estimates of $10.90 billion. UBS Group had a return on equity of 5.93% and a net margin of 6.93%. The business’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.09) EPS. Equities analysts predict that UBS Group AG will post 1.9 earnings per share for the current fiscal year.

UBS Group Increases Dividend

The company also recently announced an annual dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 16th will be paid a $0.90 dividend. 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 dividend yield of 2.1%. UBS Group’s dividend payout ratio (DPR) is currently 15.13%.

Analyst Ratings Changes

Several analysts recently commented on UBS shares. Deutsche Bank Aktiengesellschaft raised UBS Group from a “hold” rating to a “buy” rating in a research note on Monday, February 10th. StockNews.com lowered UBS Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 22nd. Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a report on Friday, January 10th. Finally, BNP Paribas upgraded shares of UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

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.