Personal CFO Solutions LLC Reduces Position in UBS Group AG (NYSE:UBS)

Personal CFO Solutions LLC cut its position in shares of UBS Group AG (NYSE:UBS) by 1.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 28,269 shares of the bank’s stock after selling 309 shares during the period. Personal CFO Solutions LLC’s holdings in UBS Group were worth $857,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in UBS. Berbice Capital Management LLC purchased a new position in shares of UBS Group during the 4th quarter worth about $27,000. Versant Capital Management Inc bought a new stake in UBS Group during the 4th quarter valued at about $40,000. Kohmann Bosshard Financial Services LLC bought a new stake in UBS Group during the 4th quarter valued at about $41,000. Continuum Advisory LLC lifted its holdings in UBS Group by 41.6% during the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock valued at $49,000 after buying an additional 450 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its holdings in UBS Group by 42.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,989 shares of the bank’s stock valued at $91,000 after buying an additional 887 shares in the last quarter.

UBS Group Trading Up 3.2 %

NYSE:UBS opened at $34.15 on Friday. UBS Group AG has a one year low of $26.01 and a one year high of $35.84. 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 $109.48 billion, a P/E ratio of 22.46 and a beta of 1.15. The firm has a 50-day simple moving average of $33.45 and a 200-day simple moving average of $32.00.

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). The business had revenue of $11.06 billion during the quarter, compared to the consensus estimate of $10.90 billion. UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The company’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.09) EPS. Equities analysts anticipate that UBS Group AG will post 1.9 EPS for the current fiscal year.

UBS Group Increases Dividend

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

Analyst Ratings Changes

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

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.