UBS Group (NYSE:UBS) Upgraded at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft upgraded shares of UBS Group (NYSE:UBS) from a hold rating to a buy rating in a report issued on Monday, MarketBeat reports.

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

UBS Group Price Performance

Shares of UBS opened at $33.04 on Monday. UBS Group has a 1-year low of $26.00 and a 1-year high of $35.84. The stock has a market cap of $105.94 billion, a PE ratio of 21.74 and a beta of 1.16. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.06 and a quick ratio of 1.05. The firm has a fifty day moving average price of $32.58 and a 200 day moving average price of $31.46.

UBS Group (NYSE:UBS) last announced its quarterly earnings results on Tuesday, February 4th. The bank reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.08). UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The company had revenue of $11.06 billion during the quarter, compared to analysts’ expectations of $10.90 billion. During the same period last year, the firm earned ($0.09) earnings per share. UBS Group’s revenue was up 1.9% on a year-over-year basis. As a group, sell-side analysts anticipate that UBS Group will post 1.95 EPS for the current year.

UBS Group Increases Dividend

The company also recently declared an annual dividend, which will be paid on Thursday, April 17th. Stockholders 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 payout ratio is 19.08%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in UBS. Sanctuary Advisors LLC acquired a new position in shares of UBS Group during the second quarter worth about $724,000. Valeo Financial Advisors LLC increased its stake in shares of UBS Group by 2.8% during the third quarter. Valeo Financial Advisors LLC now owns 29,893 shares of the bank’s stock worth $924,000 after acquiring an additional 810 shares during the period. CHICAGO TRUST Co NA increased its stake in shares of UBS Group by 15.2% during the third quarter. CHICAGO TRUST Co NA now owns 7,828 shares of the bank’s stock worth $242,000 after acquiring an additional 1,031 shares during the period. Creative Planning grew its position in UBS Group by 11.6% during the third quarter. Creative Planning now owns 234,010 shares of the bank’s stock worth $7,233,000 after buying an additional 24,338 shares during the period. Finally, Zhang Financial LLC grew its position in UBS Group by 8.3% during the third quarter. Zhang Financial LLC now owns 34,640 shares of the bank’s stock worth $1,071,000 after buying an additional 2,640 shares during the period.

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.