Brown Brothers Harriman & Co. Has $462,000 Stock Holdings in UBS Group AG (NYSE:UBS)

Brown Brothers Harriman & Co. raised its stake in shares of UBS Group AG (NYSE:UBS) by 6,521.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,230 shares of the bank’s stock after buying an additional 15,000 shares during the period. Brown Brothers Harriman & Co.’s holdings in UBS Group were worth $462,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of UBS. Berbice Capital Management LLC acquired a new stake in UBS Group during the fourth quarter valued at $27,000. Rakuten Securities Inc. purchased a new stake in shares of UBS Group during the 4th quarter worth about $30,000. Versant Capital Management Inc acquired a new stake in shares of UBS Group during the 4th quarter valued at about $40,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of UBS Group during the 4th quarter valued at about $41,000. Finally, Continuum Advisory LLC grew its stake in shares of UBS Group by 41.6% in the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock valued at $49,000 after buying an additional 450 shares in the last quarter.

UBS Group Stock Performance

Shares of NYSE UBS opened at $30.68 on Tuesday. UBS Group AG has a 12 month low of $26.01 and a 12 month high of $35.84. The company has a market cap of $98.37 billion, a P/E ratio of 20.18 and a beta of 1.15. The business’s 50 day moving average is $33.59 and its two-hundred day moving average is $32.29. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 3.76.

UBS Group (NYSE:UBS) last posted its quarterly earnings data on Tuesday, February 4th. The bank reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.08). UBS Group had a return on equity of 5.93% and a net margin of 6.93%. The company 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 firm posted ($0.09) EPS. The business’s revenue for the quarter was up 1.9% compared to the same quarter last year. On average, equities analysts expect that UBS Group AG will post 1.9 EPS for the current year.

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 paid a $0.90 dividend. This represents a dividend yield of 2.1%. This is a positive change 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 14.47%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. BNP Paribas upgraded shares of UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Bank of America lowered shares of UBS Group from a “neutral” rating to an “underperform” rating in a research note on Thursday, March 27th. Deutsche Bank Aktiengesellschaft raised shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Monday, February 10th. StockNews.com cut UBS Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 22nd. Finally, Kepler Capital Markets raised UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus 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.