Sage Rhino Capital LLC Decreases Stake in UBS Group AG (NYSE:UBS)

Sage Rhino Capital LLC trimmed its position in shares of UBS Group AG (NYSE:UBS) by 2.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 15,461 shares of the bank’s stock after selling 409 shares during the period. Sage Rhino Capital LLC’s holdings in UBS Group were worth $469,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in UBS. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of UBS Group by 6.1% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 57,349,524 shares of the bank’s stock valued at $1,771,713,000 after purchasing an additional 3,289,387 shares during the last quarter. Pzena Investment Management LLC increased its holdings in UBS Group by 2.8% in the third quarter. Pzena Investment Management LLC now owns 30,802,466 shares of the bank’s stock valued at $952,104,000 after buying an additional 851,231 shares during the last quarter. Vontobel Holding Ltd. increased its holdings in UBS Group by 1.9% in the fourth quarter. Vontobel Holding Ltd. now owns 16,445,068 shares of the bank’s stock valued at $502,398,000 after buying an additional 301,394 shares during the last quarter. Wellington Management Group LLP raised its stake in UBS Group by 20.2% in the third quarter. Wellington Management Group LLP now owns 13,708,623 shares of the bank’s stock valued at $423,504,000 after buying an additional 2,307,033 shares in the last quarter. Finally, ARGA Investment Management LP lifted its holdings in UBS Group by 6.5% during the 4th quarter. ARGA Investment Management LP now owns 7,338,038 shares of the bank’s stock worth $224,259,000 after buying an additional 445,876 shares during the last quarter.

UBS Group Trading Up 1.3 %

NYSE UBS opened at $34.28 on Monday. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.06 and a quick ratio of 1.05. The firm’s fifty day moving average price is $33.13 and its 200 day moving average price is $31.89. The company has a market capitalization of $109.91 billion, a price-to-earnings ratio of 22.55 and a beta of 1.16. UBS Group AG has a 12 month low of $26.00 and a 12 month high of $35.84.

UBS Group (NYSE:UBS) last posted its earnings results on Tuesday, February 4th. The bank reported $0.23 EPS 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 company had revenue of $11.06 billion during the quarter, compared to analysts’ expectations of $10.90 billion. During the same period last year, the business earned ($0.09) earnings per share. The company’s quarterly revenue was up 1.9% on a year-over-year basis. On average, sell-side analysts expect that UBS Group AG will post 1.9 earnings per share for the current fiscal year.

UBS Group Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, April 16th will be given a dividend of $0.90 per share. This is an increase from UBS Group’s previous annual dividend of $0.23. This represents a yield of 2.1%. The ex-dividend date is Wednesday, April 16th. UBS Group’s dividend payout ratio (DPR) is presently 19.08%.

Analyst Ratings Changes

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