Natixis Advisors LLC Boosts Position in UBS Group AG (NYSE:UBS)

Natixis Advisors LLC boosted its holdings in shares of UBS Group AG (NYSE:UBS) by 0.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,237,829 shares of the bank’s stock after buying an additional 29,916 shares during the quarter. Natixis Advisors LLC owned 0.16% of UBS Group worth $158,811,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in UBS. Bank Julius Baer & Co. Ltd Zurich raised its holdings in shares of UBS Group by 609.6% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 4,375,839 shares of the bank’s stock worth $133,890,000 after acquiring an additional 3,759,134 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in UBS Group by 6.1% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 57,349,524 shares of the bank’s stock valued at $1,771,713,000 after acquiring an additional 3,289,387 shares in the last quarter. Fisher Asset Management LLC raised its holdings in UBS Group by 422.4% in the fourth quarter. Fisher Asset Management LLC now owns 4,036,921 shares of the bank’s stock valued at $122,399,000 after acquiring an additional 3,264,214 shares in the last quarter. Wellington Management Group LLP raised its holdings in UBS Group by 20.2% during the third quarter. Wellington Management Group LLP now owns 13,708,623 shares of the bank’s stock worth $423,504,000 after purchasing an additional 2,307,033 shares in the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of UBS Group during the third quarter worth approximately $69,440,000.

Wall Street Analyst Weigh In

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

UBS Group Trading Up 3.4 %

Shares of NYSE UBS opened at $32.79 on Friday. The business has a fifty day simple moving average of $33.59 and a 200-day simple moving average of $32.03. The company has a market cap of $105.12 billion, a price-to-earnings ratio of 21.57 and a beta of 1.15. 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 12 month low of $26.01 and a 12 month high of $35.84.

UBS Group (NYSE:UBS) last released its quarterly earnings results on Tuesday, February 4th. The bank reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.08). UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The business had revenue of $11.06 billion for the quarter, compared to the consensus estimate of $10.90 billion. During the same quarter in the prior year, the business posted ($0.09) EPS. The firm’s revenue for the quarter was up 1.9% compared to the same quarter last year. Sell-side analysts predict that UBS Group AG will post 1.9 EPS 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 dividend of $0.90 per share. This is a positive change from UBS Group’s previous annual dividend of $0.23. This represents a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, April 16th. UBS Group’s payout ratio is 19.08%.

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.