Sage Mountain Advisors LLC Acquires Shares of 7,038 UBS Group AG (NYSE:UBS)

Sage Mountain Advisors LLC acquired a new position in shares of UBS Group AG (NYSE:UBS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 7,038 shares of the bank’s stock, valued at approximately $217,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Signaturefd LLC grew its position in UBS Group by 3.9% during the 4th quarter. Signaturefd LLC now owns 67,150 shares of the bank’s stock worth $2,075,000 after acquiring an additional 2,517 shares during the last quarter. Lindbrook Capital LLC grew its position in shares of UBS Group by 4.6% in the 4th quarter. Lindbrook Capital LLC now owns 12,177 shares of the bank’s stock valued at $376,000 after buying an additional 540 shares during the last quarter. Naples Money Management LLC bought a new stake in shares of UBS Group in the 4th quarter valued at about $51,000. Knights of Columbus Asset Advisors LLC bought a new stake in shares of UBS Group in the 4th quarter valued at about $155,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of UBS Group by 9.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 45,949,099 shares of the bank’s stock valued at $1,424,902,000 after buying an additional 3,840,395 shares during the last quarter.

UBS Group Stock Performance

Shares of UBS Group stock opened at $28.39 on Wednesday. UBS Group AG has a one year low of $18.71 and a one year high of $32.13. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.09 and a current ratio of 1.10. The stock’s 50-day moving average is $29.66 and its 200 day moving average is $28.27.

UBS Group (NYSE:UBS) last announced its earnings results on Tuesday, February 6th. The bank reported ($0.09) EPS for the quarter, missing the consensus estimate of $0.09 by ($0.18). UBS Group had a net margin of 43.70% and a return on equity of 7.56%. The business had revenue of $10.86 billion for the quarter, compared to the consensus estimate of $12.06 billion. During the same quarter in the previous year, the company earned $0.50 EPS. The firm’s revenue for the quarter was up 35.2% on a year-over-year basis. As a group, equities analysts anticipate that UBS Group AG will post 1.11 EPS for the current fiscal year.

UBS Group Increases Dividend

The company also recently declared an annual dividend, which will be paid on Friday, May 3rd. Investors of record on Thursday, May 2nd will be paid a dividend of $0.228 per share. This is an increase 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%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on UBS shares. Citigroup lowered UBS Group from a “buy” rating to a “neutral” rating in a research report on Tuesday. BNP Paribas lowered UBS Group from an “outperform” rating to a “neutral” rating in a research report on Monday. StockNews.com upgraded UBS Group from a “sell” rating to a “hold” rating in a research report on Friday, December 29th. Morgan Stanley upgraded UBS Group from an “equal weight” rating to an “overweight” rating in a research report on Friday, March 8th. Finally, Societe Generale upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Wednesday, February 7th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

About UBS Group

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.