Kohmann Bosshard Financial Services LLC Purchases New Shares in UBS Group AG (NYSE:UBS)

Kohmann Bosshard Financial Services LLC purchased a new stake in UBS Group AG (NYSE:UBS) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,350 shares of the bank’s stock, valued at approximately $41,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Berbice Capital Management LLC purchased a new stake in UBS Group in the 4th quarter valued at $27,000. Versant Capital Management Inc purchased a new stake in UBS Group in the 4th quarter valued at $40,000. Continuum Advisory LLC raised its position in UBS Group by 41.6% during the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock worth $49,000 after buying an additional 450 shares during the last quarter. Golden State Wealth Management LLC purchased a new position in UBS Group during the 4th quarter worth $123,000. Finally, Independence Bank of Kentucky purchased a new position in UBS Group during the 4th quarter worth $154,000.

Analyst Upgrades and Downgrades

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

UBS Group Stock Performance

Shares of UBS opened at $34.38 on Tuesday. The company has a 50-day simple moving average of $33.21 and a 200-day simple moving average of $31.92. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 3.76. The company has a market capitalization of $110.24 billion, a PE ratio of 22.62 and a beta of 1.16. UBS Group AG has a 52-week low of $26.01 and a 52-week high of $35.84.

UBS Group (NYSE:UBS) last announced its quarterly 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). The company had revenue of $11.06 billion during the quarter, compared to analysts’ expectations of $10.90 billion. UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The business’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.09) EPS. Equities research analysts predict 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. Investors of record on Wednesday, April 16th will be paid a $0.90 dividend. This represents a yield of 2.1%. This is a boost from UBS Group’s previous annual dividend of $0.23. The ex-dividend date is Wednesday, April 16th. UBS Group’s dividend payout ratio is presently 19.08%.

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.