Tudor Investment Corp ET AL Takes $7.84 Million Position in UBS Group AG (NYSE:UBS)

Tudor Investment Corp ET AL acquired a new position in shares of UBS Group AG (NYSE:UBS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 258,525 shares of the bank’s stock, valued at approximately $7,838,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Morse Asset Management Inc acquired a new position in shares of UBS Group in the third quarter valued at approximately $243,000. Wilmington Savings Fund Society FSB acquired a new position in UBS Group in the 3rd quarter valued at approximately $365,000. Inspire Trust Co. N.A. raised its stake in shares of UBS Group by 36.6% during the third quarter. Inspire Trust Co. N.A. now owns 104,417 shares of the bank’s stock valued at $3,228,000 after acquiring an additional 28,000 shares during the last quarter. Oddo BHF Asset Management Sas acquired a new position in shares of UBS Group during the third quarter worth $391,000. Finally, Logan Capital Management Inc. grew its stake in shares of UBS Group by 4.2% in the third quarter. Logan Capital Management Inc. now owns 88,025 shares of the bank’s stock worth $2,721,000 after purchasing an additional 3,540 shares during the last quarter.

Analyst Ratings Changes

Several brokerages have commented on UBS. Bank of America downgraded UBS Group from a “neutral” rating to an “underperform” rating in a report on Thursday, March 27th. BNP Paribas upgraded UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. StockNews.com lowered shares of UBS Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 22nd. Morgan Stanley lowered shares of UBS Group from an “overweight” rating to an “equal weight” rating in a research note on Thursday, February 20th. Finally, Deutsche Bank Aktiengesellschaft raised shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

UBS Group Price Performance

UBS Group stock opened at $30.51 on Wednesday. The stock’s 50 day moving average price is $30.94 and its two-hundred day moving average price is $31.91. The stock has a market capitalization of $97.83 billion, a price-to-earnings ratio of 20.07 and a beta of 1.16. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.05 and a current ratio of 1.06. UBS Group AG has a 52-week low of $25.75 and a 52-week high of $35.84.

UBS Group (NYSE:UBS) last issued its earnings results 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 the consensus estimate of $10.90 billion. During the same period in the prior year, the company earned ($0.09) earnings per share. The firm’s revenue was up 1.9% compared to the same quarter last year. On average, equities analysts predict that UBS Group AG will post 1.9 earnings per share for the current year.

UBS Group Increases Dividend

The company also recently declared an annual dividend, which was paid on Thursday, April 17th. Investors of record on Wednesday, April 16th were paid a dividend of $0.90 per share. 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 of this dividend was Wednesday, April 16th. UBS Group’s dividend payout ratio is 14.47%.

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.