Blue Trust Inc. boosted its holdings in shares of UBS Group AG (NYSE:UBS - Free Report) by 30.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,791 shares of the bank's stock after acquiring an additional 11,638 shares during the period. Blue Trust Inc.'s holdings in UBS Group were worth $1,539,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Commerce Bank increased its stake in UBS Group by 3.9% during the third quarter. Commerce Bank now owns 9,278 shares of the bank's stock worth $287,000 after acquiring an additional 346 shares during the last quarter. Rosenberg Matthew Hamilton lifted its holdings in shares of UBS Group by 15.6% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank's stock worth $81,000 after acquiring an additional 355 shares during the last quarter. TD Private Client Wealth LLC boosted its position in shares of UBS Group by 3.2% during the 3rd quarter. TD Private Client Wealth LLC now owns 12,813 shares of the bank's stock worth $396,000 after purchasing an additional 394 shares during the period. Legacy Wealth Asset Management LLC raised its position in UBS Group by 0.7% in the third quarter. Legacy Wealth Asset Management LLC now owns 60,705 shares of the bank's stock valued at $1,876,000 after purchasing an additional 438 shares during the period. Finally, Continuum Advisory LLC raised its position in UBS Group by 41.6% in the third quarter. Continuum Advisory LLC now owns 1,532 shares of the bank's stock valued at $49,000 after purchasing an additional 450 shares during the period.
UBS Group Stock Down 0.3 %
UBS Group stock traded down $0.10 during midday trading on Tuesday, reaching $35.68. The company's stock had a trading volume of 3,115,732 shares, compared to its average volume of 1,988,143. The company has a market cap of $114.42 billion, a P/E ratio of 29.74 and a beta of 1.15. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 3.87. The business has a 50-day simple moving average of $32.06 and a 200-day simple moving average of $31.19. UBS Group AG has a fifty-two week low of $26.00 and a fifty-two week high of $35.80.
UBS Group (NYSE:UBS - Get Free Report) last issued its earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.15. The business had revenue of $19.31 billion for the quarter, compared to analyst estimates of $11.20 billion. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. During the same quarter last year, the company earned ($0.24) EPS. On average, research analysts expect that UBS Group AG will post 1.53 earnings per share for the current fiscal year.
Analyst Ratings Changes
UBS has been the subject of several research reports. Kepler Capital Markets raised UBS Group from a "hold" rating to a "buy" rating in a research report on Friday, January 10th. BNP Paribas raised shares of UBS Group from a "neutral" rating to an "outperform" rating in a research note on Friday, January 3rd. Finally, StockNews.com cut UBS Group from a "buy" rating to a "hold" rating in a research note on Wednesday, January 22nd. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, UBS Group currently has an average rating of "Moderate Buy".
Read Our Latest Research Report on UBS Group
UBS Group Company Profile
(
Free Report)
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.
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