2 weeks Ago By ABMN Staff
Sei Investments Co. lifted its holdings in UBS Group AG ( NYSE:UBS – Free Report ) by 2.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission.
The institutional investor owned 197,201 shares of the bank’s stock after buying an additional 5,217 shares during the period. Sei Investments Co.’s holdings in UBS Group were worth $5,979,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Amundi raised its holdings in UBS Group by 0.6% in the 4th quarter.
Amundi now owns 16,751,961 shares of the bank’s stock valued at $543,936,000 after acquiring an additional 95,712 shares during the last quarter. Vontobel Holding Ltd. increased its holdings in shares of UBS Group by 1.
9% in the fourth quarter. Vontobel Holding Ltd. now owns 16,445,068 shares of the bank’s stock valued at $502,398,000 after purchasing an additional 301,394 shares during the last quarter.
Wellington Management Group LLP lifted its position in UBS Group by 20.2% during the third quarter. Wellington Management Group LLP now owns 13,708,623 shares of the bank’s stock worth $423,504,000 after buying an additional 2,307,033 shares in the last quarter.
ARGA Investment Management LP boosted its stake in UBS Group by 6.5% during the fourth quarter. ARGA Investment Management LP now owns 7,338,038 shares of the bank’s stock worth $224,259,000 after buying an additional 445,876 shares during the last quarter.
Finally, Royal London Asset Management Ltd. grew its holdings in UBS Group by 0.6% in the 3rd quarter.
Royal London Asset Management Ltd. now owns 7,149,149 shares of the bank’s stock valued at $220,980,000 after buying an additional 43,881 shares in the last quarter. UBS Group Price Performance Shares of UBS opened at $30.
37 on Wednesday. The firm has a 50-day simple moving average of $33.50 and a two-hundred day simple moving average of $32.
30. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.
06 and a quick ratio of 1.05. UBS Group AG has a 1-year low of $26.
01 and a 1-year high of $35.84. The stock has a market cap of $97.
39 billion, a PE ratio of 19.98 and a beta of 1.15.
UBS Group Increases Dividend The company also recently announced an annual dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 16th will be issued a dividend of $0.90 per share.
This represents a yield of 2.1%. This is a boost from UBS Group’s previous annual dividend of $0.
23. The ex-dividend date of this dividend is Wednesday, April 16th. UBS Group’s dividend payout ratio (DPR) is 14.
47%. Analyst Ratings Changes Several research firms have recently commented on UBS. StockNews.
com lowered UBS Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 22nd. Deutsche Bank Aktiengesellschaft upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a report on Monday, February 10th. BNP Paribas raised shares of UBS Group from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd.
Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. Finally, Bank of America downgraded UBS Group from a “neutral” rating to an “underperform” rating in a research report on Thursday, March 27th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company.
According to MarketBeat, the stock has a consensus rating of “Hold”. View Our Latest Stock Report on UBS UBS Group Profile ( Free Report ) 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. See Also Want to see what other hedge funds are holding UBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for UBS Group AG ( NYSE:UBS – Free Report ).
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