UBS Group AG (NYSE:UBS) Stock Holdings Lessened by MML Investors Services LLC

MML Investors Services LLC reduced its stake in shares of UBS Group AG (NYSE:UBS) by 1.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 86,015 shares of the bank’s stock after selling 993 shares during the quarter. MML Investors Services LLC’s holdings in UBS Group were worth $2,608,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in UBS. Berbice Capital Management LLC purchased a new position in shares of UBS Group during the 4th quarter valued at $27,000. Rakuten Securities Inc. acquired a new stake in UBS Group during the fourth quarter valued at $30,000. Headlands Technologies LLC purchased a new position in UBS Group in the fourth quarter valued at about $33,000. Versant Capital Management Inc acquired a new position in UBS Group in the 4th quarter worth about $40,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in shares of UBS Group during the 4th quarter worth about $41,000.

UBS Group Price Performance

NYSE UBS opened at $30.04 on Monday. UBS Group AG has a 1 year low of $25.75 and a 1 year high of $35.84. The company has a fifty day simple moving average of $31.07 and a 200 day simple moving average of $31.94. 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 company has a market cap of $96.32 billion, a P/E ratio of 19.76 and a beta of 1.16.

UBS Group (NYSE:UBS) last released its quarterly 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 firm had revenue of $11.06 billion for the quarter, compared to the consensus estimate of $10.90 billion. UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The firm’s revenue was up 1.9% on a year-over-year basis. During the same quarter last year, the company earned ($0.09) earnings per share. On average, sell-side analysts predict that UBS Group AG will post 1.9 EPS for the current year.

UBS Group Increases Dividend

The firm also recently declared an annual dividend, which was paid on Thursday, April 17th. Shareholders of record on Wednesday, April 16th were given a $0.90 dividend. This is an increase from UBS Group’s previous annual dividend of $0.23. This represents a yield of 2.1%. The ex-dividend date was Wednesday, April 16th. UBS Group’s payout ratio is currently 14.47%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Morgan Stanley cut UBS Group from an “overweight” rating to an “equal weight” rating in a research note on Thursday, February 20th. StockNews.com lowered shares of UBS Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. Kepler Capital Markets raised shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, January 10th. Bank of America downgraded shares of UBS Group from a “neutral” rating to an “underperform” rating in a research report on Thursday, March 27th. Finally, Deutsche Bank Aktiengesellschaft raised UBS Group from a “hold” rating to a “buy” rating in a research report on Monday, February 10th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat, UBS Group presently 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.