Syon Capital LLC Acquires 3,500 Shares of UBS Group AG (NYSE:UBS)

Syon Capital LLC increased its holdings in shares of UBS Group AG (NYSE:UBS) by 7.7% during the fourth quarter, Holdings Channel reports. The fund owned 49,175 shares of the bank’s stock after acquiring an additional 3,500 shares during the quarter. Syon Capital LLC’s holdings in UBS Group were worth $1,520,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Anchor Investment Management LLC acquired a new position in shares of UBS Group during the 4th quarter worth approximately $28,000. Cary Street Partners Investment Advisory LLC increased its holdings in shares of UBS Group by 61.8% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 1,340 shares of the bank’s stock worth $33,000 after acquiring an additional 512 shares during the last quarter. Naples Money Management LLC acquired a new position in shares of UBS Group during the 4th quarter worth approximately $51,000. Harvest Fund Management Co. Ltd increased its holdings in shares of UBS Group by 118.5% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 1,868 shares of the bank’s stock worth $46,000 after acquiring an additional 1,013 shares during the last quarter. Finally, WASHINGTON TRUST Co acquired a new position in shares of UBS Group during the 3rd quarter worth approximately $48,000.

UBS Group Price Performance

Shares of UBS traded up $0.13 during trading hours on Thursday, hitting $27.49. 2,514,654 shares of the company were exchanged, compared to its average volume of 2,910,626. UBS Group AG has a fifty-two week low of $18.71 and a fifty-two week high of $32.13. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.09 and a current ratio of 1.10. The firm’s fifty day moving average is $29.66 and its 200 day moving average is $28.27.

UBS Group (NYSE:UBS) last announced its quarterly earnings data on Tuesday, February 6th. The bank reported ($0.09) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.18). UBS Group had a return on equity of 7.56% and a net margin of 43.70%. The business had revenue of $10.86 billion for the quarter, compared to the consensus estimate of $12.06 billion. During the same quarter in the prior year, the company earned $0.50 earnings per share. UBS Group’s quarterly revenue was up 35.2% compared to the same quarter last year. On average, equities analysts predict that UBS Group AG will post 1.11 EPS for the current year.

UBS Group Increases Dividend

The business also recently declared an annual dividend, which will be paid on Friday, May 3rd. Stockholders of record on Thursday, May 2nd will be paid a $0.228 dividend. This is a boost from UBS Group’s previous annual dividend of $0.18. The ex-dividend date is Wednesday, May 1st. This represents a dividend yield of 0.82%. UBS Group’s dividend payout ratio is presently 2.00%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on UBS. StockNews.com raised UBS Group from a “sell” rating to a “hold” rating in a report on Friday, December 29th. Morgan Stanley raised UBS Group from an “equal weight” rating to an “overweight” rating in a report on Friday, March 8th. BNP Paribas lowered UBS Group from an “outperform” rating to a “neutral” rating in a report on Monday. Citigroup lowered UBS Group from a “buy” rating to a “neutral” rating in a report on Tuesday. Finally, Societe Generale raised UBS Group from a “hold” rating to a “buy” rating in a report on Wednesday, February 7th. Four 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, UBS Group has an average rating of “Hold”.

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.