Sage Mountain Advisors LLC Makes New Investment in UBS Group AG (NYSE:UBS)

Sage Mountain Advisors LLC purchased a new position in UBS Group AG (NYSE:UBS) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 7,038 shares of the bank’s stock, valued at approximately $217,000.

A number of other institutional investors and hedge funds have also modified their holdings of UBS. Anchor Investment Management LLC bought a new stake in shares of UBS Group during the fourth quarter valued at approximately $28,000. Cary Street Partners Investment Advisory LLC boosted its stake in UBS Group by 61.8% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 1,340 shares of the bank’s stock valued at $33,000 after buying an additional 512 shares in the last quarter. Harvest Fund Management Co. Ltd boosted its stake in UBS Group by 118.5% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 1,868 shares of the bank’s stock valued at $46,000 after buying an additional 1,013 shares in the last quarter. WASHINGTON TRUST Co acquired a new stake in UBS Group in the 3rd quarter valued at $48,000. Finally, Naples Money Management LLC acquired a new stake in UBS Group in the 4th quarter valued at $51,000.

Wall Street Analyst Weigh In

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

UBS Group Trading Up 1.5 %

Shares of UBS stock opened at $28.39 on Wednesday. The stock’s fifty day moving average is $29.66 and its 200-day moving average is $28.27. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.09 and a current ratio of 1.10. UBS Group AG has a 52 week low of $18.71 and a 52 week high of $32.13.

UBS Group (NYSE:UBS) last posted its quarterly earnings results on Tuesday, February 6th. The bank reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.18). The firm had revenue of $10.86 billion during the quarter, compared to the consensus estimate of $12.06 billion. UBS Group had a net margin of 43.70% and a return on equity of 7.56%. UBS Group’s revenue was up 35.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.50 EPS. As a group, sell-side analysts forecast that UBS Group AG will post 1.11 EPS for the current 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 issued a $0.228 dividend. This is a boost from UBS Group’s previous annual dividend of $0.18. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a yield of 0.82%. UBS Group’s dividend payout ratio (DPR) is currently 2.00%.

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.