Insider Selling: UBS Group AG (NYSE:UBS) Major Shareholder Sells $4,338,310.72 in Stock

UBS Group AG (NYSE:UBS) major shareholder Group Ag Ubs sold 506,812 shares of the firm’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $8.56, for a total transaction of $4,338,310.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Group Ag Ubs also recently made the following trade(s):

  • On Monday, March 23rd, Group Ag Ubs sold 257,889 shares of UBS Group stock. The stock was sold at an average price of $8.34, for a total transaction of $2,150,794.26.
  • On Monday, January 6th, Group Ag Ubs acquired 347,267 shares of UBS Group stock. The stock was bought at an average price of $13.55 per share, for a total transaction of $4,705,467.85.
  • On Thursday, January 2nd, Group Ag Ubs acquired 25,438 shares of UBS Group stock. The stock was bought at an average price of $13.28 per share, for a total transaction of $337,816.64.
  • On Monday, December 30th, Group Ag Ubs acquired 26,065 shares of UBS Group stock. The stock was bought at an average price of $13.60 per share, for a total transaction of $354,484.00.

UBS opened at $9.21 on Thursday. UBS Group AG has a fifty-two week low of $7.48 and a fifty-two week high of $13.55. The company has a debt-to-equity ratio of 3.24, a current ratio of 0.94 and a quick ratio of 0.94. The firm’s fifty day moving average price is $11.09 and its two-hundred day moving average price is $11.78. The company has a market capitalization of $28.91 billion, a P/E ratio of 8.08, a P/E/G ratio of 4.86 and a beta of 1.24.

UBS Group (NYSE:UBS) last posted its quarterly earnings results on Tuesday, January 21st. The bank reported $0.19 earnings per share for the quarter. UBS Group had a net margin of 15.20% and a return on equity of 7.89%. The firm had revenue of $5.68 billion for the quarter. On average, equities research analysts expect that UBS Group AG will post 1.01 EPS for the current fiscal year.

The firm also recently declared an annual dividend, which will be paid on Thursday, May 7th. Shareholders of record on Wednesday, May 6th will be paid a dividend of $0.73 per share. The ex-dividend date of this dividend is Tuesday, May 5th. This represents a yield of 5.7%. This is an increase from UBS Group’s previous annual dividend of $0.60.

Several equities research analysts have recently issued reports on UBS shares. Royal Bank of Canada restated a “sector perform” rating on shares of UBS Group in a research note on Tuesday, March 17th. ValuEngine upgraded shares of UBS Group from a “sell” rating to a “hold” rating in a research note on Tuesday, March 17th. Berenberg Bank reiterated a “buy” rating on shares of UBS Group in a research note on Monday, January 27th. Goldman Sachs Group upgraded shares of UBS Group from a “neutral” rating to a “buy” rating in a research note on Tuesday, March 10th. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of UBS Group in a research note on Monday, February 3rd. Three analysts have rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the stock. UBS Group currently has an average rating of “Hold” and a consensus price target of $12.50.

Institutional investors and hedge funds have recently bought and sold shares of the business. Millennium Management LLC lifted its holdings in shares of UBS Group by 134.2% during the third quarter. Millennium Management LLC now owns 40,452 shares of the bank’s stock valued at $457,000 after acquiring an additional 23,177 shares during the period. Squarepoint Ops LLC bought a new position in shares of UBS Group during the third quarter valued at $260,000. Pzena Investment Management LLC lifted its holdings in shares of UBS Group by 8.7% during the fourth quarter. Pzena Investment Management LLC now owns 7,645,713 shares of the bank’s stock valued at $96,183,000 after acquiring an additional 615,007 shares during the period. AE Wealth Management LLC bought a new position in shares of UBS Group during the fourth quarter valued at $200,000. Finally, FIL Ltd lifted its holdings in shares of UBS Group by 12.4% during the fourth quarter. FIL Ltd now owns 6,165,799 shares of the bank’s stock valued at $77,884,000 after acquiring an additional 678,787 shares during the period. Hedge funds and other institutional investors own 35.87% of the company’s stock.

About UBS Group

UBS Group AG, together with its subsidiaries, provides financial advice and solutions worldwide. It operates through four divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, and Investment Bank. The Global Wealth Management division offers investment advisory and solutions to private clients, and high and ultra high net worth clients.

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