Adero Partners LLC Invests $206,000 in UBS Group AG (NYSE:UBS)

Adero Partners LLC purchased a new position in shares of UBS Group AG (NYSE:UBS) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 6,778 shares of the bank’s stock, valued at approximately $206,000.

Other institutional investors have also modified their holdings of the company. ARGA Investment Management LP lifted its position in UBS Group by 6.5% in the fourth quarter. ARGA Investment Management LP now owns 7,338,038 shares of the bank’s stock valued at $224,259,000 after buying an additional 445,876 shares during the last quarter. Helios Capital Management PTE. Ltd. lifted its position in UBS Group by 14.0% in the fourth quarter. Helios Capital Management PTE. Ltd. now owns 112,000 shares of the bank’s stock valued at $3,423,000 after buying an additional 13,776 shares during the last quarter. Optas LLC lifted its position in UBS Group by 34.3% in the fourth quarter. Optas LLC now owns 13,382 shares of the bank’s stock valued at $406,000 after buying an additional 3,418 shares during the last quarter. U.S. Capital Wealth Advisors LLC lifted its position in UBS Group by 49.3% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 14,155 shares of the bank’s stock valued at $429,000 after buying an additional 4,675 shares during the last quarter. Finally, Five Oceans Advisors lifted its position in UBS Group by 5.3% in the fourth quarter. Five Oceans Advisors now owns 9,293 shares of the bank’s stock valued at $282,000 after buying an additional 468 shares during the last quarter.

UBS Group Stock Up 2.4 %

Shares of UBS opened at $33.40 on Friday. The stock has a market capitalization of $107.08 billion, a PE ratio of 27.83 and a beta of 1.16. UBS Group AG has a 1 year low of $26.00 and a 1 year high of $35.84. The company has a debt-to-equity ratio of 3.87, a quick ratio of 1.05 and a current ratio of 1.05. The company’s 50-day simple moving average is $32.47 and its 200-day simple moving average is $31.37.

UBS Group (NYSE:UBS) last issued its quarterly earnings results 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 4.69% and a net margin of 5.13%. The business had revenue of $11.06 billion for the quarter, compared to analyst estimates of $10.90 billion. During the same period in the prior year, the company posted ($0.09) EPS. The firm’s revenue for the quarter was up 1.9% compared to the same quarter last year. Analysts forecast that UBS Group AG will post 1.39 earnings per share for the current fiscal 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 dividend of $0.90 per share. 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 19.17%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on UBS shares. StockNews.com cut shares of UBS Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 22nd. Kepler Capital Markets raised shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. Finally, BNP Paribas raised shares of UBS Group from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

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.