American Century Companies Inc. Has $34.91 Million Position in UBS Group AG (NYSE:UBS)

American Century Companies Inc. boosted its stake in shares of UBS Group AG (NYSE:UBS) by 9.3% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,151,221 shares of the bank’s stock after purchasing an additional 97,925 shares during the period. American Century Companies Inc.’s holdings in UBS Group were worth $34,905,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in UBS. Wealth Enhancement Advisory Services LLC grew its holdings in shares of UBS Group by 1.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 106,019 shares of the bank’s stock valued at $3,277,000 after acquiring an additional 1,114 shares in the last quarter. Ritholtz Wealth Management boosted its position in UBS Group by 16.6% during the fourth quarter. Ritholtz Wealth Management now owns 206,803 shares of the bank’s stock valued at $6,270,000 after purchasing an additional 29,367 shares during the last quarter. Kingsview Wealth Management LLC purchased a new position in UBS Group in the fourth quarter valued at about $218,000. M.E. Allison & CO. Inc. acquired a new position in UBS Group in the 4th quarter worth about $354,000. Finally, Park Avenue Securities LLC raised its stake in shares of UBS Group by 21.7% during the 4th quarter. Park Avenue Securities LLC now owns 37,205 shares of the bank’s stock worth $1,128,000 after purchasing an additional 6,638 shares in the last quarter.

UBS Group Trading Down 1.1 %

NYSE:UBS opened at $31.56 on Friday. The company’s 50 day moving average is $33.66 and its 200-day moving average is $32.23. 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. The firm has a market cap of $101.19 billion, a price-to-earnings ratio of 20.76 and a beta of 1.15.

UBS Group (NYSE:UBS) last announced 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). UBS Group had a return on equity of 5.93% and a net margin of 6.93%. The firm had revenue of $11.06 billion during the quarter, compared to the consensus estimate of $10.90 billion. During the same quarter last year, the business earned ($0.09) EPS. The business’s revenue was up 1.9% compared to the same quarter last year. Equities analysts anticipate 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. Investors of record on Wednesday, April 16th will be paid a dividend of $0.90 per share. This is an increase from UBS Group’s previous annual dividend of $0.23. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a yield of 2.1%. UBS Group’s dividend payout ratio is presently 14.47%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft raised UBS Group from a “hold” rating to a “buy” rating in a research note on Monday, February 10th. Kepler Capital Markets raised shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. BNP Paribas upgraded shares of UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. StockNews.com cut shares of UBS Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 22nd. Finally, Morgan Stanley lowered UBS Group from an “overweight” rating to an “equal weight” rating in a report 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’s stock. According to data from MarketBeat, the stock has an average rating of “Hold”.

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.