6,778 Shares in UBS Group AG (NYSE:UBS) Acquired by Adero Partners LLC

Adero Partners LLC bought a new position in shares of UBS Group AG (NYSE:UBS) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,778 shares of the bank’s stock, valued at approximately $206,000.

A number of other large investors have also recently made changes to their positions in UBS. AQR Capital Management LLC increased its stake in UBS Group by 226.8% in the second quarter. AQR Capital Management LLC now owns 27,928 shares of the bank’s stock valued at $825,000 after purchasing an additional 19,382 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in UBS Group in the second quarter valued at approximately $724,000. Atomi Financial Group Inc. increased its stake in UBS Group by 6.1% in the third quarter. Atomi Financial Group Inc. now owns 29,587 shares of the bank’s stock valued at $915,000 after purchasing an additional 1,706 shares during the last quarter. Wedmont Private Capital increased its stake in UBS Group by 10.6% in the third quarter. Wedmont Private Capital now owns 9,173 shares of the bank’s stock valued at $287,000 after purchasing an additional 879 shares during the last quarter. Finally, Bruce G. Allen Investments LLC increased its stake in UBS Group by 19.5% in the third quarter. Bruce G. Allen Investments LLC now owns 3,995 shares of the bank’s stock valued at $123,000 after purchasing an additional 652 shares during the last quarter.

UBS Group Stock Performance

Shares of UBS opened at $33.40 on Friday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.87. The firm has a market cap of $107.08 billion, a PE ratio of 27.83 and a beta of 1.16. The company’s 50 day simple moving average is $32.47 and its 200-day simple moving average is $31.37. UBS Group AG has a 12-month low of $26.00 and a 12-month high of $35.84.

UBS Group (NYSE:UBS) last announced its earnings results on Tuesday, February 4th. The bank reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.08). UBS Group had a return on equity of 4.69% and a net margin of 5.13%. The business had revenue of $11.06 billion for the quarter, compared to analysts’ expectations of $10.90 billion. During the same quarter last year, the business posted ($0.09) earnings per share. The business’s revenue was up 1.9% on a year-over-year basis. As a group, equities analysts predict that UBS Group AG will post 1.39 EPS for the current year.

UBS Group Increases Dividend

The business also recently declared an annual dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 16th will be issued a dividend of $0.90 per share. The ex-dividend date is Wednesday, April 16th. This is an increase from UBS Group’s previous annual dividend of $0.23. This represents a dividend yield of 2.1%. UBS Group’s dividend payout ratio (DPR) is currently 19.17%.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Kepler Capital Markets upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, January 10th. BNP Paribas upgraded shares of UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Finally, StockNews.com lowered shares of UBS Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 22nd. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently 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.