Orca Wealth Management LLC Takes Position in UBS Group AG (NYSE:UBS)

Orca Wealth Management LLC acquired a new position in shares of UBS Group AG (NYSE:UBS - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 60,208 shares of the bank's stock, valued at approximately $1,826,000. UBS Group makes up approximately 1.6% of Orca Wealth Management LLC's portfolio, making the stock its 21st largest holding.

Other large investors have also made changes to their positions in the company. Berbice Capital Management LLC acquired a new stake in shares of UBS Group in the fourth quarter worth about $27,000. Versant Capital Management Inc acquired a new stake in UBS Group in the 4th quarter worth approximately $40,000. Continuum Advisory LLC lifted its holdings in UBS Group by 41.6% in the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank's stock worth $49,000 after purchasing an additional 450 shares during the last quarter. FSC Wealth Advisors LLC bought a new stake in UBS Group during the third quarter worth approximately $71,000. Finally, Rosenberg Matthew Hamilton raised its position in shares of UBS Group by 15.6% in the third quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank's stock valued at $81,000 after purchasing an additional 355 shares during the period.

Wall Street Analyst Weigh In

Several analysts recently issued reports on UBS shares. StockNews.com downgraded shares of UBS Group from a "buy" rating to a "hold" rating in a report on Wednesday, January 22nd. BNP Paribas upgraded UBS Group from a "neutral" rating to an "outperform" rating in a report on Friday, January 3rd. Finally, Kepler Capital Markets upgraded shares of UBS Group from a "hold" rating to a "buy" rating in a research note on Friday, January 10th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy".

UBS Group Stock Performance

UBS traded down $0.07 on Wednesday, hitting $35.66. 2,071,183 shares of the stock traded hands, compared to its average volume of 1,992,843. The business has a fifty day moving average price of $32.14 and a two-hundred day moving average price of $31.23. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.87. UBS Group AG has a 52 week low of $26.00 and a 52 week high of $35.84. The firm has a market capitalization of $114.33 billion, a PE ratio of 29.71 and a beta of 1.15.

UBS Group (NYSE:UBS - Get Free Report) last issued its earnings results on Wednesday, October 30th. The bank reported $0.43 EPS for the quarter, beating analysts' consensus estimates of $0.28 by $0.15. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. The business had revenue of $19.31 billion during the quarter, compared to analyst estimates of $11.20 billion. During the same period in the prior year, the company posted ($0.24) earnings per share. On average, research analysts predict that UBS Group AG will post 1.53 EPS for the current fiscal year.

UBS Group Profile

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.