Naples Money Management LLC Buys New Stake in UBS Group AG (NYSE:UBS)

Naples Money Management LLC bought a new stake in UBS Group AG (NYSE:UBS) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,646 shares of the bank’s stock, valued at approximately $51,000.

Several other large investors have also recently bought and sold shares of the business. Norges Bank purchased a new position in UBS Group in the fourth quarter valued at $2,182,724,000. FMR LLC grew its holdings in shares of UBS Group by 37.8% during the third quarter. FMR LLC now owns 51,432,723 shares of the bank’s stock worth $1,271,454,000 after purchasing an additional 14,104,407 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of UBS Group by 9.1% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 45,949,099 shares of the bank’s stock worth $1,424,902,000 after purchasing an additional 3,840,395 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in shares of UBS Group by 4.6% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 14,685,341 shares of the bank’s stock worth $273,197,000 after purchasing an additional 649,270 shares during the last quarter. Finally, Morgan Stanley grew its holdings in shares of UBS Group by 3.6% during the third quarter. Morgan Stanley now owns 11,168,903 shares of the bank’s stock worth $275,313,000 after purchasing an additional 389,244 shares during the last quarter.

UBS Group Trading Down 0.2 %

NYSE UBS opened at $28.06 on Friday. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.10 and a quick ratio of 1.09. UBS Group AG has a 52-week low of $18.71 and a 52-week high of $32.13. The business’s 50-day moving average price is $29.63 and its 200 day moving average price is $28.16.

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

UBS Group Increases Dividend

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

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Societe Generale raised UBS Group from a “hold” rating to a “buy” rating in a report on Wednesday, February 7th. StockNews.com raised UBS Group from a “sell” rating to a “hold” rating in a report on Friday, December 29th. Finally, Morgan Stanley raised UBS Group from an “equal weight” rating to an “overweight” rating in a report on Friday, March 8th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, UBS Group 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.