NatWest Group plc Increases Stake in UBS Group AG (NYSE:UBS)

NatWest Group plc boosted its stake in UBS Group AG (NYSE:UBS) by 87.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 197,901 shares of the bank’s stock after purchasing an additional 92,203 shares during the quarter. UBS Group comprises 1.8% of NatWest Group plc’s portfolio, making the stock its 24th largest position. NatWest Group plc’s holdings in UBS Group were worth $6,000,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Commerce Bank raised its stake in UBS Group by 3.9% during the 3rd quarter. Commerce Bank now owns 9,278 shares of the bank’s stock valued at $287,000 after acquiring an additional 346 shares in the last quarter. Rosenberg Matthew Hamilton increased its holdings in shares of UBS Group by 15.6% during the third quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank’s stock valued at $81,000 after purchasing an additional 355 shares during the period. TD Private Client Wealth LLC raised its stake in shares of UBS Group by 3.2% during the third quarter. TD Private Client Wealth LLC now owns 12,813 shares of the bank’s stock valued at $396,000 after purchasing an additional 394 shares in the last quarter. Legacy Wealth Asset Management LLC lifted its holdings in UBS Group by 0.7% in the third quarter. Legacy Wealth Asset Management LLC now owns 60,705 shares of the bank’s stock worth $1,876,000 after purchasing an additional 438 shares during the period. Finally, Continuum Advisory LLC lifted its holdings in UBS Group by 41.6% in the third quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock worth $49,000 after purchasing an additional 450 shares during the period.

UBS Group Stock Performance

NYSE:UBS opened at $33.43 on Friday. The company has a 50-day moving average of $32.52 and a 200-day moving average of $31.39. The firm has a market cap of $107.17 billion, a price-to-earnings ratio of 21.99 and a beta of 1.16. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 3.76. UBS Group AG has a twelve month low of $26.00 and a twelve month high of $35.84.

UBS Group (NYSE:UBS) last posted its quarterly earnings results 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). UBS Group had a return on equity of 5.93% and a net margin of 6.93%. The business had revenue of $11.06 billion during the quarter, compared to analyst estimates of $10.90 billion. During the same quarter last year, the firm posted ($0.09) EPS. The company’s quarterly revenue was up 1.9% compared to the same quarter last year. Analysts forecast that UBS Group AG will post 1.95 earnings per share for the current fiscal year.

UBS Group Increases Dividend

The business also recently announced an annual dividend, which will be paid on Thursday, April 17th. Stockholders of record on Wednesday, April 16th will be issued a dividend of $0.90 per share. This represents a dividend yield of 2.1%. 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. UBS Group’s dividend payout ratio is currently 15.13%.

Analyst Ratings Changes

Several equities analysts have commented on UBS shares. 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. Finally, BNP Paribas raised UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

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.