Insider Selling: UBS Group AG (NYSE:UBS) Major Shareholder Sells $2,150,794.26 in Stock

UBS Group AG (NYSE:UBS) major shareholder Group Ag Ubs sold 257,889 shares of UBS Group stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $8.34, for a total transaction of $2,150,794.26. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Group Ag Ubs also recently made the following trade(s):

  • On Wednesday, March 25th, Group Ag Ubs sold 615 shares of UBS Group stock. The stock was sold at an average price of $9.64, for a total transaction of $5,928.60.
  • On Friday, March 20th, Group Ag Ubs sold 506,812 shares of UBS Group stock. The stock was sold at an average price of $8.56, for a total transaction of $4,338,310.72.
  • On Monday, January 6th, Group Ag Ubs purchased 347,267 shares of UBS Group stock. The shares were purchased at an average cost of $13.55 per share, for a total transaction of $4,705,467.85.
  • On Thursday, January 2nd, Group Ag Ubs purchased 25,438 shares of UBS Group stock. The shares were purchased at an average cost of $13.28 per share, for a total transaction of $337,816.64.
  • On Monday, December 30th, Group Ag Ubs purchased 26,065 shares of UBS Group stock. The shares were purchased at an average cost of $13.60 per share, for a total transaction of $354,484.00.

Shares of NYSE UBS opened at $9.87 on Friday. The company’s fifty day moving average is $11.03 and its 200-day moving average is $11.78. The stock has a market cap of $33.71 billion, a price-to-earnings ratio of 8.66, a P/E/G ratio of 5.52 and a beta of 1.24. UBS Group AG has a twelve month low of $7.48 and a twelve month high of $13.55. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 3.24.

UBS Group (NYSE:UBS) last posted its quarterly earnings data on Tuesday, January 21st. The bank reported $0.19 EPS for the quarter. The business had revenue of $5.68 billion for the quarter. UBS Group had a net margin of 15.20% and a return on equity of 7.89%. On average, research analysts anticipate that UBS Group AG will post 1.01 EPS for the current fiscal year.

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

A number of equities analysts have recently weighed in on the stock. Goldman Sachs Group raised shares of UBS Group from a “neutral” rating to a “buy” rating in a research report on Tuesday, March 10th. ValuEngine raised shares of UBS Group from a “sell” rating to a “hold” rating in a research report on Tuesday, March 17th. Berenberg Bank reissued a “buy” rating on shares of UBS Group in a research report on Monday, January 27th. Royal Bank of Canada reissued a “sector perform” rating on shares of UBS Group in a research report on Tuesday, March 17th. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of UBS Group in a research report on Monday, February 3rd. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $12.50.

A number of institutional investors and hedge funds have recently bought and sold shares of UBS. Millennium Management LLC lifted its position in UBS Group by 134.2% during the 3rd quarter. Millennium Management LLC now owns 40,452 shares of the bank’s stock worth $457,000 after buying an additional 23,177 shares in the last quarter. Squarepoint Ops LLC acquired a new position in shares of UBS Group during the 3rd quarter worth about $260,000. Pzena Investment Management LLC increased its stake in shares of UBS Group by 8.7% during the 4th quarter. Pzena Investment Management LLC now owns 7,645,713 shares of the bank’s stock worth $96,183,000 after purchasing an additional 615,007 shares during the last quarter. AE Wealth Management LLC acquired a new position in shares of UBS Group during the 4th quarter worth about $200,000. Finally, FIL Ltd increased its stake in shares of UBS Group by 12.4% during the 4th quarter. FIL Ltd now owns 6,165,799 shares of the bank’s stock worth $77,884,000 after purchasing an additional 678,787 shares during the last quarter. 35.87% of the stock is currently owned by institutional investors and hedge funds.

About UBS Group

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.

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