O Shaughnessy Asset Management LLC Acquires 49,113 Shares of UBS Group AG (NYSE:UBS)

O Shaughnessy Asset Management LLC grew its holdings in shares of UBS Group AG (NYSE:UBS) by 11.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 489,294 shares of the bank’s stock after buying an additional 49,113 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in UBS Group were worth $14,841,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans raised its holdings in UBS Group by 44.9% during the third quarter. Thrivent Financial for Lutherans now owns 15,775 shares of the bank’s stock worth $488,000 after acquiring an additional 4,889 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of UBS Group by 17.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 220,042 shares of the bank’s stock worth $6,801,000 after purchasing an additional 33,089 shares during the last quarter. Townsquare Capital LLC raised its stake in shares of UBS Group by 40.3% during the 3rd quarter. Townsquare Capital LLC now owns 51,533 shares of the bank’s stock worth $1,593,000 after purchasing an additional 14,794 shares in the last quarter. Glenmede Trust Co. NA boosted its holdings in shares of UBS Group by 3.0% in the 3rd quarter. Glenmede Trust Co. NA now owns 66,504 shares of the bank’s stock valued at $2,056,000 after buying an additional 1,930 shares during the last quarter. Finally, Verition Fund Management LLC grew its stake in shares of UBS Group by 58.6% in the third quarter. Verition Fund Management LLC now owns 31,214 shares of the bank’s stock valued at $965,000 after buying an additional 11,531 shares in the last quarter.

UBS Group Stock Down 1.1 %

Shares of UBS opened at $31.56 on Monday. The firm’s 50-day simple moving average is $33.66 and its 200 day simple moving average is $32.28. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.05 and a current ratio of 1.06. The firm has a market cap of $101.19 billion, a P/E ratio of 20.76 and a beta of 1.15. UBS Group AG has a 52 week low of $26.01 and a 52 week high of $35.84.

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

UBS Group Increases Dividend

The firm also recently announced 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 is Wednesday, April 16th. This is a boost from UBS Group’s previous annual dividend of $0.23. UBS Group’s payout ratio is presently 14.47%.

Analyst Upgrades and Downgrades

UBS has been the subject of a number of recent analyst reports. Morgan Stanley cut shares of UBS Group from an “overweight” rating to an “equal weight” rating in a research note on Thursday, February 20th. Bank of America downgraded shares of UBS Group from a “neutral” rating to an “underperform” rating in a research note on Thursday. Kepler Capital Markets raised UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. Deutsche Bank Aktiengesellschaft raised UBS Group from a “hold” rating to a “buy” rating in a research report on Monday, February 10th. Finally, StockNews.com lowered UBS Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 22nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

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.