Crossmark Global Holdings Inc. Sells 1,086 Shares of UBS Group AG (NYSE:UBS)

Crossmark Global Holdings Inc. lessened its position in UBS Group AG (NYSE:UBS) by 0.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 276,879 shares of the bank’s stock after selling 1,086 shares during the period. Crossmark Global Holdings Inc.’s holdings in UBS Group were worth $3,483,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Quest Capital Management Inc. ADV bought a new stake in shares of UBS Group in the 3rd quarter worth about $25,000. Golden State Wealth Management LLC increased its stake in UBS Group by 77.2% in the 3rd quarter. Golden State Wealth Management LLC now owns 2,614 shares of the bank’s stock worth $30,000 after buying an additional 1,139 shares during the period. Advisory Services Network LLC increased its stake in UBS Group by 61.8% in the 4th quarter. Advisory Services Network LLC now owns 4,345 shares of the bank’s stock worth $54,000 after buying an additional 1,659 shares during the period. Huntington National Bank increased its stake in UBS Group by 277.2% in the 4th quarter. Huntington National Bank now owns 6,427 shares of the bank’s stock worth $81,000 after buying an additional 4,723 shares during the period. Finally, Samalin Investment Counsel LLC purchased a new position in UBS Group in the 4th quarter worth about $101,000. Hedge funds and other institutional investors own 29.02% of the company’s stock.

NYSE UBS opened at $13.12 on Friday. The company has a debt-to-equity ratio of 3.24, a quick ratio of 0.95 and a current ratio of 0.94. The company has a market capitalization of $48.59 billion, a price-to-earnings ratio of 11.51, a price-to-earnings-growth ratio of 2.79 and a beta of 1.24. The company’s 50-day simple moving average is $12.80 and its two-hundred day simple moving average is $11.80. UBS Group AG has a one year low of $10.12 and a one year high of $13.55.

The firm also recently announced an annual dividend, which will be paid on Thursday, May 7th. Shareholders of record on Wednesday, May 6th will be given a dividend of $0.73 per share. This is an increase from UBS Group’s previous annual dividend of $0.60. The ex-dividend date of this dividend is Tuesday, May 5th. This represents a yield of 5.7%.

UBS has been the topic of several recent analyst reports. Royal Bank of Canada reaffirmed a “hold” rating on shares of UBS Group in a research note on Thursday, January 23rd. ValuEngine raised shares of UBS Group from a “sell” rating to a “hold” rating in a research note on Friday, January 3rd. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of UBS Group in a research note on Monday, February 3rd. Finally, Berenberg Bank reaffirmed a “buy” rating on shares of UBS Group in a research note on Monday, January 27th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $12.50.

In other UBS Group news, major shareholder Group Ag Ubs bought 26,065 shares of the business’s stock in a transaction on Monday, December 30th. The shares were acquired at an average price of $13.60 per share, with a total value of $354,484.00. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders have acquired a total of 398,770 shares of company stock worth $5,397,768 in the last three months. Insiders own 1.00% of the company’s stock.

UBS Group Profile

UBS Group AG, together with its subsidiaries, provides financial advice and solutions worldwide. It operates through four divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, and Investment Bank. The Global Wealth Management division offers investment advisory and solutions to private clients, and high and ultra high net worth clients.

See Also: Debt-To-Equity Ratio

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Institutional Ownership by Quarter for UBS Group (NYSE:UBS)

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