Natixis Advisors LLC Purchases 651,133 Shares of UBS Group AG $UBS

Natixis Advisors LLC increased its position in UBS Group AG (NYSE:UBS) by 21.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,662,233 shares of the bank’s stock after purchasing an additional 651,133 shares during the quarter. Natixis Advisors LLC’s holdings in UBS Group were worth $150,152,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in UBS. Flagship Wealth Advisors LLC acquired a new stake in UBS Group during the 3rd quarter valued at $29,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of UBS Group in the 2nd quarter valued at about $33,000. Private Trust Co. NA raised its holdings in UBS Group by 75.2% in the third quarter. Private Trust Co. NA now owns 853 shares of the bank’s stock worth $35,000 after purchasing an additional 366 shares during the period. Geneos Wealth Management Inc. boosted its position in shares of UBS Group by 62.0% during the first quarter. Geneos Wealth Management Inc. now owns 1,497 shares of the bank’s stock worth $46,000 after purchasing an additional 573 shares in the last quarter. Finally, Mather Group LLC. bought a new position in UBS Group during the third quarter worth about $46,000.

UBS Group Trading Down 2.1%

Shares of UBS stock opened at $38.45 on Friday. UBS Group AG has a fifty-two week low of $25.75 and a fifty-two week high of $49.36. The company has a debt-to-equity ratio of 3.63, a quick ratio of 1.03 and a current ratio of 1.02. The stock’s fifty day moving average price is $44.90 and its two-hundred day moving average price is $41.95. The company has a market cap of $120.10 billion, a PE ratio of 16.29, a P/E/G ratio of 0.37 and a beta of 1.14.

UBS Group (NYSE:UBS) last issued its earnings results on Wednesday, February 4th. The bank reported $0.37 EPS for the quarter, topping the consensus estimate of $0.25 by $0.12. The firm had revenue of $12.20 billion during the quarter, compared to the consensus estimate of $9.88 billion. UBS Group had a return on equity of 8.68% and a net margin of 10.88%.The business’s quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.23 earnings per share. Equities analysts predict that UBS Group AG will post 1.9 EPS for the current fiscal year.

UBS Group Announces Dividend

The company also recently disclosed a special dividend, which will be paid on Thursday, April 23rd. Investors of record on Wednesday, April 22nd will be issued a dividend of $0.55 per share. The ex-dividend date of this dividend is Wednesday, April 22nd.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on UBS shares. Citigroup reiterated a “neutral” rating on shares of UBS Group in a report on Thursday, January 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of UBS Group in a research note on Wednesday, January 21st. Morgan Stanley reiterated an “underweight” rating on shares of UBS Group in a research note on Monday, November 24th. The Goldman Sachs Group reiterated a “neutral” rating on shares of UBS Group in a research note on Friday, February 6th. Finally, Zacks Research cut UBS Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $60.30.

UBS Group Company Profile

UBS Group AG is a Swiss multinational financial services firm that provides a broad range of banking and capital markets services to private, institutional and corporate clients. Headquartered in Zurich, UBS operates as a universal bank with a primary focus on wealth management, asset management, investment banking and retail and commercial banking in Switzerland. The firm serves high-net-worth and ultra-high-net-worth individuals, pension funds, corporations and institutional investors through a global network of offices.

Key business activities include global wealth management—offering financial planning, investment advisory, discretionary portfolio management and custody services—alongside asset management products for institutional and retail investors.