UBS Group AG (NYSE:UBS) Stock Holdings Raised by Levin Capital Strategies L.P.

Levin Capital Strategies L.P. lifted its position in UBS Group AG (NYSE:UBS) by 1.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 920,748 shares of the bank’s stock after buying an additional 15,415 shares during the quarter. UBS Group makes up approximately 2.7% of Levin Capital Strategies L.P.’s portfolio, making the stock its 9th biggest holding. Levin Capital Strategies L.P.’s holdings in UBS Group were worth $27,917,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Berbice Capital Management LLC purchased a new stake in UBS Group in the fourth quarter valued at approximately $27,000. Versant Capital Management Inc purchased a new stake in UBS Group in the fourth quarter valued at approximately $40,000. Continuum Advisory LLC raised its stake in UBS Group by 41.6% in the third quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock valued at $49,000 after purchasing an additional 450 shares in the last quarter. Golden State Wealth Management LLC purchased a new stake in UBS Group in the fourth quarter valued at approximately $123,000. Finally, Independence Bank of Kentucky purchased a new stake in UBS Group in the fourth quarter valued at approximately $154,000.

UBS Group Stock Up 1.3 %

Shares of NYSE UBS opened at $34.28 on Friday. UBS Group AG has a one year low of $26.00 and a one year high of $35.84. 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 50 day simple moving average is $33.13 and its two-hundred day simple moving average is $31.88. The stock has a market capitalization of $109.91 billion, a P/E ratio of 22.55 and a beta of 1.16.

UBS Group (NYSE:UBS) last issued its quarterly 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 business had revenue of $11.06 billion for the quarter, compared to the consensus estimate of $10.90 billion. During the same quarter in the previous year, the business earned ($0.09) earnings per share. The firm’s revenue was up 1.9% on a year-over-year basis. As a group, analysts expect that UBS Group AG will post 1.9 EPS for the current fiscal year.

UBS Group Increases Dividend

The company 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 $0.90 dividend. This is a boost from UBS Group’s previous annual dividend of $0.23. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a dividend yield of 2.1%. UBS Group’s dividend payout ratio (DPR) is currently 19.08%.

Analyst Upgrades and Downgrades

UBS has been the topic of a number of recent analyst reports. StockNews.com downgraded shares of UBS Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. Deutsche Bank Aktiengesellschaft raised shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Monday, February 10th. BNP Paribas raised shares of UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Morgan Stanley cut shares of UBS Group from an “overweight” rating to an “equal weight” rating in a research report on Thursday, February 20th. Finally, Kepler Capital Markets upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company 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.