Harbour Investments Inc. Has $64,000 Position in UBS Group AG (NYSE:UBS)

Harbour Investments Inc. lessened its stake in shares of UBS Group AG (NYSE:UBS) by 16.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,105 shares of the bank’s stock after selling 426 shares during the period. Harbour Investments Inc.’s holdings in UBS Group were worth $64,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Corient Private Wealth LLC grew its position in shares of UBS Group by 1.1% in the fourth quarter. Corient Private Wealth LLC now owns 73,290 shares of the bank’s stock valued at $2,222,000 after purchasing an additional 797 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in shares of UBS Group by 3.9% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 53,410 shares of the bank’s stock worth $1,619,000 after acquiring an additional 2,009 shares during the last quarter. Natixis Advisors LLC increased its position in UBS Group by 0.6% during the fourth quarter. Natixis Advisors LLC now owns 5,237,829 shares of the bank’s stock worth $158,811,000 after acquiring an additional 29,916 shares during the period. Brandes Investment Partners LP raised its stake in UBS Group by 0.7% during the 4th quarter. Brandes Investment Partners LP now owns 1,634,014 shares of the bank’s stock valued at $49,543,000 after purchasing an additional 11,583 shares during the last quarter. Finally, RPg Family Wealth Advisory LLC boosted its holdings in UBS Group by 4.1% in the 4th quarter. RPg Family Wealth Advisory LLC now owns 276,769 shares of the bank’s stock valued at $8,392,000 after purchasing an additional 10,819 shares during the period.

UBS Group Trading Up 0.7 %

Shares of UBS opened at $32.95 on Tuesday. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 3.76. The stock has a market cap of $105.66 billion, a PE ratio of 21.68 and a beta of 1.15. UBS Group AG has a 1 year low of $26.01 and a 1 year high of $35.84. The stock has a 50 day simple moving average of $33.70 and a 200-day simple moving average of $32.17.

UBS Group (NYSE:UBS) last released 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 analyst estimates of $10.90 billion. During the same quarter in the prior year, the company earned ($0.09) earnings per share. The business’s revenue was up 1.9% compared to the same quarter last year. On average, sell-side analysts predict that UBS Group AG will post 1.9 EPS for the current fiscal year.

UBS Group Increases Dividend

The company 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 $0.90 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This is a positive change from UBS Group’s previous annual dividend of $0.23. This represents a yield of 2.1%. UBS Group’s payout ratio is 19.08%.

Analyst Ratings Changes

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