Creative Financial Designs Inc. ADV Has $95,000 Stock Holdings in UBS Group AG (NYSE:UBS)

Creative Financial Designs Inc. ADV boosted its position in UBS Group AG (NYSE:UBS) by 19.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 3,120 shares of the bank’s stock after purchasing an additional 500 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in UBS Group were worth $95,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wealth Enhancement Advisory Services LLC raised its position in UBS Group by 1.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 106,019 shares of the bank’s stock valued at $3,277,000 after buying an additional 1,114 shares during the last quarter. Ritholtz Wealth Management increased its position in shares of UBS Group by 16.6% during the 4th quarter. Ritholtz Wealth Management now owns 206,803 shares of the bank’s stock worth $6,270,000 after purchasing an additional 29,367 shares during the last quarter. Kingsview Wealth Management LLC acquired a new position in shares of UBS Group during the 4th quarter worth approximately $218,000. M.E. Allison & CO. Inc. acquired a new position in shares of UBS Group during the 4th quarter worth approximately $354,000. Finally, Park Avenue Securities LLC increased its position in shares of UBS Group by 21.7% during the 4th quarter. Park Avenue Securities LLC now owns 37,205 shares of the bank’s stock worth $1,128,000 after purchasing an additional 6,638 shares during the last quarter.

Analyst Upgrades and Downgrades

UBS has been the topic of several recent analyst reports. BNP Paribas raised UBS Group from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. Deutsche Bank Aktiengesellschaft raised UBS Group from a “hold” rating to a “buy” rating in a research report on Monday, February 10th. StockNews.com lowered UBS Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 22nd. Kepler Capital Markets raised UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. Finally, Morgan Stanley downgraded UBS Group from an “overweight” rating to an “equal weight” rating in a research note on Thursday, February 20th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold”.

UBS Group Stock Performance

Shares of NYSE UBS opened at $33.01 on Friday. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 3.76. UBS Group AG has a 12 month low of $26.01 and a 12 month high of $35.84. The stock has a 50 day moving average of $33.67 and a 200-day moving average of $32.10. The company has a market capitalization of $105.85 billion, a P/E ratio of 21.72 and a beta of 1.15.

UBS Group (NYSE:UBS) last issued its earnings results on Tuesday, February 4th. The bank reported $0.23 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 business had revenue of $11.06 billion for the quarter, compared to the consensus estimate of $10.90 billion. During the same quarter in the prior year, the firm posted ($0.09) earnings per share. The business’s revenue was up 1.9% compared to the same quarter last year. As a group, equities research analysts predict that UBS Group AG will post 1.9 EPS for the current year.

UBS Group Increases Dividend

The company also recently declared an annual dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 16th will be paid a $0.90 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This is an increase from UBS Group’s previous annual dividend of $0.23. This represents a yield of 2.1%. UBS Group’s payout ratio is 19.08%.

UBS Group Company 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.