Sequoia Financial Advisors LLC Has $1.06 Million Holdings in UBS Group AG (NYSE:UBS)

Sequoia Financial Advisors LLC lifted its stake in shares of UBS Group AG (NYSE:UBS) by 2.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 34,999 shares of the bank’s stock after buying an additional 771 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in UBS Group were worth $1,061,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of UBS. Berbice Capital Management LLC bought a new stake in UBS Group in the fourth quarter valued at $27,000. Versant Capital Management Inc acquired a new stake in shares of UBS Group in the 4th quarter valued at about $40,000. Kohmann Bosshard Financial Services LLC bought a new stake in UBS Group in the 4th quarter valued at about $41,000. Continuum Advisory LLC raised its stake in UBS Group by 41.6% during the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock worth $49,000 after buying an additional 450 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its holdings in UBS Group by 42.2% in 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 in the last quarter.

Wall Street Analyst Weigh In

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

UBS Group Price Performance

UBS opened at $32.79 on Friday. UBS Group AG has a 1 year low of $26.01 and a 1 year high of $35.84. 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 capitalization of $105.12 billion, a price-to-earnings ratio of 21.57 and a beta of 1.15. The firm’s fifty day moving average price is $33.59 and its two-hundred day moving average price is $32.04.

UBS Group (NYSE:UBS) last issued its quarterly earnings data on Tuesday, February 4th. The bank reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.08). The firm had revenue of $11.06 billion during the quarter, compared to the consensus estimate of $10.90 billion. UBS Group had a return on equity of 5.93% and a net margin of 6.93%. During the same period in the previous year, the company posted ($0.09) earnings per share. The company’s revenue for the quarter was up 1.9% on a year-over-year basis. As a group, analysts anticipate that UBS Group AG will post 1.9 earnings per share for the current fiscal year.

UBS Group Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 16th will be issued a dividend of $0.90 per share. This is a positive change from UBS Group’s previous annual dividend of $0.23. This represents a yield of 2.1%. The ex-dividend date is Wednesday, April 16th. UBS Group’s dividend payout ratio (DPR) is 19.08%.

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.