Groupama Asset Managment Lowers Holdings in UBS Group AG (NYSE:UBS)

Groupama Asset Managment lowered its position in shares of UBS Group AG (NYSE:UBS) by 5.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 114,363 shares of the bank’s stock after selling 6,644 shares during the quarter. Groupama Asset Managment’s holdings in UBS Group were worth $3,171,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Berbice Capital Management LLC purchased a new position in UBS Group during the fourth quarter worth about $27,000. Rakuten Securities Inc. purchased a new position in shares of UBS Group during the 4th quarter worth approximately $30,000. Headlands Technologies LLC acquired a new stake in shares of UBS Group in the 4th quarter valued at approximately $33,000. Versant Capital Management Inc purchased a new stake in shares of UBS Group in the fourth quarter valued at approximately $40,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in UBS Group during the fourth quarter worth $41,000.

Analyst Ratings Changes

UBS has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft raised UBS Group from a “hold” rating to a “buy” rating in a report on Monday, February 10th. Kepler Capital Markets raised shares of UBS Group from a “hold” rating to a “buy” rating in a report on Friday, January 10th. BNP Paribas raised shares of UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. StockNews.com lowered UBS Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. Finally, Morgan Stanley downgraded UBS Group from an “overweight” rating to an “equal weight” rating in a research note on Thursday, February 20th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. According to MarketBeat, UBS Group presently has a consensus rating of “Hold”.

UBS Group Stock Performance

Shares of UBS opened at $30.37 on Wednesday. UBS Group AG has a 12-month low of $26.01 and a 12-month high of $35.84. The stock has a market cap of $97.39 billion, a P/E ratio of 19.98 and a beta of 1.15. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 3.76. The company has a 50-day moving average of $33.50 and a two-hundred day moving average of $32.30.

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 the consensus estimate of $0.31 by ($0.08). The company 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 company’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.09) earnings per share. As a group, research analysts predict that UBS Group AG will post 1.9 EPS for the current fiscal year.

UBS Group Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 16th will be given a dividend of $0.90 per share. This represents a yield of 2.1%. The ex-dividend date of this dividend is Wednesday, April 16th. This is a boost from UBS Group’s previous annual dividend of $0.23. UBS Group’s dividend payout ratio (DPR) is currently 14.47%.

About UBS Group

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.