Empower Advisory Group LLC Has $208,000 Holdings in UBS Group AG (NYSE:UBS)

Empower Advisory Group LLC lessened its position in shares of UBS Group AG (NYSE:UBS) by 4.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 6,853 shares of the bank’s stock after selling 300 shares during the quarter. Empower Advisory Group LLC’s holdings in UBS Group were worth $208,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of UBS. Allworth Financial LP boosted its stake in UBS Group by 6.4% in the 4th quarter. Allworth Financial LP now owns 5,528 shares of the bank’s stock valued at $168,000 after buying an additional 334 shares in the last quarter. Commerce Bank raised its position in UBS Group by 3.9% in the 3rd quarter. Commerce Bank now owns 9,278 shares of the bank’s stock valued at $287,000 after purchasing an additional 346 shares during the last quarter. Rosenberg Matthew Hamilton raised its position in UBS Group by 15.6% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank’s stock valued at $81,000 after purchasing an additional 355 shares during the last quarter. TD Private Client Wealth LLC raised its position in UBS Group by 3.2% in the 3rd quarter. TD Private Client Wealth LLC now owns 12,813 shares of the bank’s stock valued at $396,000 after purchasing an additional 394 shares during the last quarter. Finally, Legacy Wealth Asset Management LLC raised its position in UBS Group by 0.7% in the 3rd quarter. Legacy Wealth Asset Management LLC now owns 60,705 shares of the bank’s stock valued at $1,876,000 after purchasing an additional 438 shares during the last quarter.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Monday, February 10th. BNP Paribas upgraded UBS Group from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. StockNews.com downgraded UBS Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 22nd. Morgan Stanley downgraded UBS Group from an “overweight” rating to an “equal weight” rating in a research report on Thursday. Finally, Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, UBS Group presently has an average rating of “Hold”.

UBS Group Trading Down 0.7 %

UBS stock opened at $33.55 on Friday. The company has a market cap of $107.56 billion, a P/E ratio of 22.07 and a beta of 1.16. UBS Group AG has a twelve month low of $26.00 and a twelve month high of $35.84. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 3.76. The business has a fifty day moving average of $32.75 and a 200-day moving average of $31.64.

UBS Group (NYSE:UBS) last released its 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). The firm had revenue of $11.06 billion for the quarter, compared to the consensus estimate of $10.90 billion. UBS Group had a return on equity of 5.93% and a net margin of 6.93%. The company’s revenue was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.09) EPS. As a group, equities research analysts expect that UBS Group AG will post 1.9 EPS for the current year.

UBS Group Increases Dividend

The company also recently announced an annual dividend, which will be paid on Thursday, April 17th. Stockholders of record on Wednesday, April 16th will be given a dividend of $0.90 per share. The ex-dividend date is Wednesday, April 16th. This represents a dividend yield of 2.1%. This is an increase from UBS Group’s previous annual dividend of $0.23. UBS Group’s payout ratio is presently 15.13%.

UBS Group 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.