Syon Capital LLC Sells 43,764 Shares of UBS Group AG (NYSE:UBS)

Syon Capital LLC trimmed its holdings in UBS Group AG (NYSE:UBS - Free Report) by 73.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,755 shares of the bank's stock after selling 43,764 shares during the quarter. Syon Capital LLC's holdings in UBS Group were worth $478,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Morse Asset Management Inc bought a new position in UBS Group in the third quarter worth approximately $243,000. Wilmington Savings Fund Society FSB acquired a new position in UBS Group during the third quarter worth $365,000. Inspire Trust Co. N.A. grew its holdings 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 buying an additional 28,000 shares during the last quarter. Oddo BHF Asset Management Sas bought a new stake in shares of UBS Group during the third quarter worth about $391,000. Finally, Logan Capital Management Inc. raised its holdings in shares of UBS Group by 4.2% in the 3rd quarter. Logan Capital Management Inc. now owns 88,025 shares of the bank's stock worth $2,721,000 after acquiring an additional 3,540 shares during the last quarter.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Morgan Stanley downgraded UBS Group from an "overweight" rating to an "equal weight" rating in a research note on Thursday, February 20th. StockNews.com lowered shares of UBS Group from a "buy" rating to a "hold" rating in a research report on Wednesday, January 22nd. Bank of America downgraded UBS Group from a "neutral" rating to an "underperform" rating in a research note on Thursday, March 27th. BNP Paribas raised UBS Group from a "neutral" rating to an "outperform" rating in a report on Friday, January 3rd. Finally, Keefe, Bruyette & Woods upgraded UBS Group from a "moderate sell" rating to a "hold" rating in a research note on Thursday, April 17th. One 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's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold".

UBS Group Stock Performance

UBS Group stock traded down $0.33 during mid-day trading on Wednesday, reaching $30.18. The company's stock had a trading volume of 1,598,740 shares, compared to its average volume of 2,268,586. The company has a market capitalization of $96.77 billion, a P/E ratio of 19.86 and a beta of 1.16. The firm's fifty day moving average price is $30.94 and its two-hundred day moving average price is $31.91. UBS Group AG has a 12-month low of $25.75 and a 12-month high of $35.84. 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 (NYSE:UBS - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The bank reported $0.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.42 by $0.09. UBS Group had a return on equity of 5.93% and a net margin of 6.93%. The company had revenue of $11.90 billion for the quarter, compared to analyst estimates of $10.19 billion. Sell-side analysts predict that UBS Group AG will post 1.9 EPS for the current fiscal year.

UBS Group Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Thursday, April 17th. Stockholders of record on Wednesday, April 16th were given a dividend of $0.90 per share. The ex-dividend date was Wednesday, April 16th. This represents a dividend yield of 2.1%. This is a boost from UBS Group's previous annual dividend of $0.23. UBS Group's dividend payout ratio (DPR) 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.