Allworth Financial LP Has $139,000 Stake in UBS Group AG (NYSE:UBS)

Allworth Financial LP grew its position in UBS Group AG (NYSE:UBS) by 8.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,514 shares of the bank’s stock after buying an additional 361 shares during the quarter. Allworth Financial LP’s holdings in UBS Group were worth $139,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank bought a new position in UBS Group in the fourth quarter valued at approximately $2,182,724,000. FMR LLC increased its stake in shares of UBS Group by 37.8% in the 3rd quarter. FMR LLC now owns 51,432,723 shares of the bank’s stock valued at $1,271,454,000 after purchasing an additional 14,104,407 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of UBS Group in the 1st quarter valued at $81,603,000. Acadian Asset Management LLC raised its holdings in shares of UBS Group by 543.6% during the 3rd quarter. Acadian Asset Management LLC now owns 4,484,300 shares of the bank’s stock worth $111,197,000 after buying an additional 3,787,579 shares in the last quarter. Finally, Royal London Asset Management Ltd. bought a new stake in shares of UBS Group during the 1st quarter worth $27,724,000.

Analyst Ratings Changes

UBS has been the topic of a number of recent analyst reports. Societe Generale upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Wednesday, February 7th. StockNews.com raised shares of UBS Group from a “sell” rating to a “hold” rating in a report on Friday, December 29th. Finally, Morgan Stanley raised shares of UBS Group from an “equal weight” rating to an “overweight” rating in a research note on Friday, March 8th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

UBS Group Stock Performance

Shares of UBS stock opened at $29.11 on Friday. UBS Group AG has a twelve month low of $18.71 and a twelve month high of $32.13. The stock’s fifty day simple moving average is $29.67 and its 200 day simple moving average is $28.01. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.09 and a current ratio of 1.10.

UBS Group (NYSE:UBS) last released its quarterly earnings results on Tuesday, February 6th. The bank reported ($0.09) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.18). The firm had revenue of $10.86 billion for the quarter, compared to the consensus estimate of $12.06 billion. UBS Group had a return on equity of 7.56% and a net margin of 43.70%. The business’s revenue for the quarter was up 35.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.50 earnings per share. On average, sell-side analysts predict that UBS Group AG will post 1.11 earnings per share for the current fiscal year.

UBS Group Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Friday, May 3rd. Shareholders of record on Thursday, May 2nd will be given a $0.228 dividend. This is a boost from UBS Group’s previous annual dividend of $0.18. This represents a yield of 0.82%. The ex-dividend date of this dividend is Wednesday, May 1st. UBS Group’s dividend payout ratio is 2.00%.

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.