Voya Investment Management LLC Acquires 9,936 Shares of UBS Group AG (NYSE:UBS)

Voya Investment Management LLC increased its holdings in UBS Group AG (NYSE:UBS - Free Report) by 1.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 559,994 shares of the bank's stock after purchasing an additional 9,936 shares during the period. Voya Investment Management LLC's holdings in UBS Group were worth $17,135,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC boosted its holdings in UBS Group by 1.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 106,019 shares of the bank's stock valued at $3,277,000 after acquiring an additional 1,114 shares during the period. Ritholtz Wealth Management grew its holdings in UBS Group by 16.6% in the 4th quarter. Ritholtz Wealth Management now owns 206,803 shares of the bank's stock valued at $6,270,000 after buying an additional 29,367 shares during the last quarter. Kingsview Wealth Management LLC acquired a new position in shares of UBS Group during the fourth quarter worth approximately $218,000. M.E. Allison & CO. Inc. bought a new stake in shares of UBS Group in the fourth quarter valued at approximately $354,000. Finally, Jones Financial Companies Lllp increased its position in UBS Group by 142.4% during the fourth quarter. Jones Financial Companies Lllp now owns 22,023 shares of the bank's stock worth $668,000 after acquiring an additional 12,939 shares during the period.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Bank of America lowered shares of UBS Group from a "neutral" rating to an "underperform" rating in a research report on Thursday, March 27th. StockNews.com cut UBS Group from a "buy" rating to a "hold" rating in a report on Wednesday, January 22nd. Kepler Capital Markets upgraded UBS Group from a "hold" rating to a "buy" rating in a research report on Friday, January 10th. Morgan Stanley downgraded shares of UBS Group from an "overweight" rating to an "equal weight" rating in a research note on Thursday, February 20th. Finally, BNP Paribas upgraded shares of UBS Group from a "neutral" rating to an "outperform" rating in a research note on Friday, January 3rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold".

UBS Group Price Performance

Shares of NYSE:UBS traded down $0.07 during trading on Thursday, reaching $30.16. The stock had a trading volume of 3,937,496 shares, compared to its average volume of 2,281,851. The stock has a market capitalization of $96.71 billion, a PE ratio of 19.84 and a beta of 1.16. UBS Group AG has a 52 week low of $25.75 and a 52 week high of $35.84. The business's 50-day moving average price is $30.87 and its 200 day moving average price is $31.90. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.06 and a quick ratio of 1.05.

UBS Group (NYSE:UBS - Get Free Report) last announced its earnings results on Wednesday, April 30th. The bank reported $0.51 EPS for the quarter, topping the consensus estimate of $0.42 by $0.09. The company had revenue of $11.90 billion for the quarter, compared to analysts' expectations of $10.19 billion. UBS Group had a return on equity of 5.93% and a net margin of 6.93%. As a group, equities analysts predict that UBS Group AG will post 1.9 earnings per share for the current year.

UBS Group Increases Dividend

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