UBS Group (NYSE:UBS) Shares Gap Down to $31.40

UBS Group AG (NYSE:UBS - Get Free Report)'s stock price gapped down prior to trading on Thursday . The stock had previously closed at $31.40, but opened at $30.49. UBS Group shares last traded at $30.64, with a volume of 371,819 shares.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Morgan Stanley raised shares of UBS Group from an "equal weight" rating to an "overweight" rating in a research report on Friday, March 8th. Societe Generale upgraded UBS Group from a "hold" rating to a "buy" rating in a report on Wednesday, February 7th. StockNews.com raised UBS Group from a "sell" rating to a "hold" rating in a research report on Friday, December 29th. Finally, Bank of America downgraded UBS Group from a "buy" rating to a "neutral" rating in a research report on Tuesday, December 5th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, UBS Group currently has an average rating of "Moderate Buy".

UBS Group Stock Performance

The company has a debt-to-equity ratio of 4.17, a quick ratio of 1.23 and a current ratio of 1.10. The stock has a market cap of $106.89 billion, a PE ratio of 3.42, a price-to-earnings-growth ratio of 3.75 and a beta of 1.14. The firm has a fifty day moving average price of $29.44 and a 200 day moving average price of $27.67.

UBS Group (NYSE:UBS - Get Free Report) last announced its quarterly earnings data on Tuesday, February 6th. The bank reported ($0.09) EPS for the quarter, missing the consensus estimate of $0.09 by ($0.18). The company had revenue of $10.86 billion during the quarter, compared to analysts' expectations of $12.06 billion. UBS Group had a net margin of 43.70% and a return on equity of 7.53%. The business's revenue for the quarter was up 35.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.50 earnings per share. Research analysts forecast that UBS Group AG will post 1.06 earnings per share for the current fiscal year.

UBS Group Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Friday, May 3rd. Stockholders of record on Thursday, May 2nd will be issued a dividend of $0.228 per share. The ex-dividend date of this dividend is Wednesday, May 1st. This is a positive change from UBS Group's previous annual dividend of $0.18. This represents a dividend yield of 0.82%. UBS Group's payout ratio is 2.45%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. HighPoint Advisor Group LLC acquired a new position in UBS Group in the 4th quarter worth approximately $205,000. PNC Financial Services Group Inc. increased its stake in shares of UBS Group by 68.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 116,238 shares of the bank's stock worth $3,592,000 after acquiring an additional 47,287 shares during the period. Grayhawk Investment Strategies Inc. purchased a new position in shares of UBS Group during the fourth quarter worth $172,000. Sivia Capital Partners LLC purchased a new position in shares of UBS Group during the fourth quarter worth $404,000. Finally, Vanguard Group Inc. lifted its position in UBS Group by 6.8% during the fourth quarter. Vanguard Group Inc. now owns 113,982,749 shares of the bank's stock valued at $3,522,067,000 after purchasing an additional 7,249,527 shares during the period.

UBS Group Company Profile

UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through four divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, and Investment Bank. The Global Wealth Management division offers investment advice and solutions, and lending solutions.