Banco Santander S.A. grew its position in UBS Group AG (NYSE:UBS – Free Report) by 37.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 86,500 shares of the bank’s stock after purchasing an additional 23,457 shares during the period. Banco Santander S.A.’s holdings in UBS Group were worth $2,623,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Timber Creek Capital Management LLC increased its holdings in UBS Group by 0.3% in the fourth quarter. Timber Creek Capital Management LLC now owns 117,613 shares of the bank’s stock worth $3,566,000 after buying an additional 311 shares during the last quarter. Allworth Financial LP increased its stake in shares of UBS Group by 6.4% during the 4th quarter. Allworth Financial LP now owns 5,528 shares of the bank’s stock worth $168,000 after purchasing an additional 334 shares during the last quarter. Lindbrook Capital LLC increased its stake in shares of UBS Group by 3.2% during the 4th quarter. Lindbrook Capital LLC now owns 11,247 shares of the bank’s stock worth $341,000 after purchasing an additional 345 shares during the last quarter. Commerce Bank lifted its stake in shares of UBS Group by 3.9% in the 3rd quarter. Commerce Bank now owns 9,278 shares of the bank’s stock valued at $287,000 after purchasing an additional 346 shares during the last quarter. Finally, TD Private Client Wealth LLC boosted its holdings in UBS Group by 3.2% in the third quarter. TD Private Client Wealth LLC now owns 12,813 shares of the bank’s stock worth $396,000 after purchasing an additional 394 shares in the last quarter.
UBS Group Stock Performance
Shares of NYSE UBS opened at $34.15 on Friday. UBS Group AG has a 12 month low of $26.01 and a 12 month high of $35.84. 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 cap of $109.48 billion, a P/E ratio of 22.46 and a beta of 1.15. The business’s 50 day moving average is $33.45 and its two-hundred day moving average is $32.00.
UBS Group Increases Dividend
The company also recently announced an annual dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 16th will be given 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 yield of 2.1%. UBS Group’s dividend payout ratio (DPR) is 19.08%.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on UBS shares. Kepler Capital Markets raised UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. Deutsche Bank Aktiengesellschaft raised UBS Group from a “hold” rating to a “buy” rating in a research report on Monday, February 10th. Morgan Stanley downgraded UBS Group from an “overweight” rating to an “equal weight” rating in a report on Thursday, February 20th. StockNews.com cut shares of UBS Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. Finally, BNP Paribas upgraded shares of UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.
Get Our Latest Stock Report on UBS Group
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.
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