Leuthold Group LLC Trims Stock Position in UBS Group AG (NYSE:UBS)

Leuthold Group LLC cut its position in shares of UBS Group AG (NYSE:UBS) by 2.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,742 shares of the bank’s stock after selling 315 shares during the period. Leuthold Group LLC’s holdings in UBS Group were worth $386,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of UBS. Berbice Capital Management LLC purchased a new stake in shares of UBS Group in the 4th quarter valued at approximately $27,000. Versant Capital Management Inc purchased a new stake in shares of UBS Group in the 4th quarter valued at approximately $40,000. Continuum Advisory LLC raised its stake in shares of UBS Group by 41.6% in the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock valued at $49,000 after acquiring an additional 450 shares during the period. Rosenberg Matthew Hamilton raised its stake in shares of UBS Group by 15.6% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank’s stock valued at $81,000 after acquiring an additional 355 shares during the period. Finally, Golden State Wealth Management LLC acquired a new position in shares of UBS Group in the fourth quarter valued at approximately $123,000.

UBS Group Trading Down 0.1 %

NYSE UBS opened at $33.48 on Friday. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 3.76. UBS Group AG has a 52 week low of $26.00 and a 52 week high of $35.84. The stock has a market capitalization of $107.34 billion, a PE ratio of 22.02 and a beta of 1.16. The firm has a 50 day moving average of $32.79 and a two-hundred day moving average of $31.70.

UBS Group (NYSE:UBS) last posted 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 return on equity of 5.93% and a net margin of 6.93%. The firm had revenue of $11.06 billion for the quarter, compared to analyst estimates of $10.90 billion. During the same quarter last year, the firm earned ($0.09) EPS. The company’s revenue was up 1.9% on a year-over-year basis. As a group, research analysts expect that UBS Group AG will post 1.9 EPS 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. Stockholders of record on Wednesday, April 16th will be issued a $0.90 dividend. This is a boost from UBS Group’s previous annual dividend of $0.23. The ex-dividend date is Wednesday, April 16th. This represents a dividend yield of 2.1%. UBS Group’s dividend payout ratio is presently 15.13%.

Wall Street Analysts Forecast Growth

UBS has been the subject of a number of research reports. Kepler Capital Markets upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a report on Friday, January 10th. Morgan Stanley cut shares of UBS Group from an “overweight” rating to an “equal weight” rating in a report on Thursday. StockNews.com cut shares of UBS Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 22nd. BNP Paribas upgraded shares of UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a report on Monday, February 10th. Four investment 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, UBS Group has an average rating of “Hold”.

UBS Group Company 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.