Impact Capital Partners LLC Acquires Shares of 9,538 UBS Group AG (NYSE:UBS)

Impact Capital Partners LLC purchased a new position in UBS Group AG (NYSE:UBS) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 9,538 shares of the bank’s stock, valued at approximately $289,000.

Several other hedge funds and other institutional investors have also made changes to their positions in UBS. Assetmark Inc. boosted its position in shares of UBS Group by 4.0% in the 3rd quarter. Assetmark Inc. now owns 45,964 shares of the bank’s stock worth $1,421,000 after purchasing an additional 1,779 shares during the last quarter. Venturi Wealth Management LLC boosted its position in shares of UBS Group by 88.7% in the 3rd quarter. Venturi Wealth Management LLC now owns 7,730 shares of the bank’s stock worth $239,000 after purchasing an additional 3,634 shares during the last quarter. MQS Management LLC bought a new position in shares of UBS Group in the 3rd quarter worth $267,000. Oppenheimer Asset Management Inc. boosted its position in shares of UBS Group by 5.8% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 19,054 shares of the bank’s stock worth $589,000 after purchasing an additional 1,045 shares during the last quarter. Finally, Plato Investment Management Ltd bought a new position in UBS Group during the third quarter worth about $3,188,000.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on UBS shares. BNP Paribas upgraded UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. StockNews.com lowered UBS Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 22nd. Morgan Stanley lowered UBS Group from an “overweight” rating to an “equal weight” rating in a report on Thursday, February 20th. Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a report on Friday, January 10th. Finally, Deutsche Bank Aktiengesellschaft upgraded UBS Group from a “hold” rating to a “buy” rating in a report on Monday, February 10th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

UBS Group Price Performance

NYSE:UBS opened at $31.72 on Friday. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.05 and a current ratio of 1.06. The stock’s 50-day simple moving average is $33.56 and its 200 day simple moving average is $32.02. The company has a market cap of $101.69 billion, a P/E ratio of 20.87 and a beta of 1.15. UBS Group AG has a 52-week low of $26.01 and a 52-week high of $35.84.

UBS Group (NYSE:UBS) last released its earnings results on Tuesday, February 4th. The bank reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.08). The company had revenue of $11.06 billion during the quarter, compared to analyst estimates of $10.90 billion. UBS Group had a net margin of 6.93% and a return on equity of 5.93%. UBS Group’s revenue was up 1.9% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.09) EPS. As a group, sell-side analysts forecast that UBS Group AG will post 1.9 EPS for the current fiscal year.

UBS Group Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, April 16th will be given a dividend of $0.90 per share. This represents a yield of 2.1%. The ex-dividend date of this dividend is Wednesday, April 16th. This is an increase from UBS Group’s previous annual dividend of $0.23. UBS Group’s payout ratio is 19.08%.

UBS Group Company 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.