WCM Investment Management LLC Sells 81,685 Shares of UBS Group AG (NYSE:UBS)

WCM Investment Management LLC lowered its stake in shares of UBS Group AG (NYSE:UBS - Free Report) by 1.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,193,752 shares of the bank's stock after selling 81,685 shares during the period. WCM Investment Management LLC owned approximately 0.16% of UBS Group worth $161,370,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in UBS. Legal & General Group Plc raised its holdings in shares of UBS Group by 11,313.2% in the 2nd quarter. Legal & General Group Plc now owns 41,389,783 shares of the bank's stock worth $1,218,317,000 after acquiring an additional 41,027,134 shares during the last quarter. M&G Plc acquired a new stake in shares of UBS Group in the 1st quarter worth about $173,678,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of UBS Group by 11.3% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 54,060,137 shares of the bank's stock worth $1,591,242,000 after acquiring an additional 5,508,422 shares during the last quarter. Acadian Asset Management LLC increased its stake in UBS Group by 72.7% in the 1st quarter. Acadian Asset Management LLC now owns 8,130,150 shares of the bank's stock valued at $250,360,000 after buying an additional 3,421,396 shares during the last quarter. Finally, Susquehanna International Securities Ltd. increased its stake in UBS Group by 162.3% in the 2nd quarter. Susquehanna International Securities Ltd. now owns 5,016,425 shares of the bank's stock valued at $148,185,000 after buying an additional 3,103,747 shares during the last quarter.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Bank of America assumed coverage on shares of UBS Group in a research note on Thursday, September 19th. They issued a "neutral" rating for the company. StockNews.com upgraded shares of UBS Group from a "hold" rating to a "buy" rating in a research note on Friday, November 1st. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, UBS Group has an average rating of "Moderate Buy".

UBS Group Stock Performance

Shares of UBS Group stock traded up $0.31 on Monday, reaching $32.65. 1,512,449 shares of the company traded hands, compared to its average volume of 2,166,277. UBS Group AG has a 52 week low of $24.07 and a 52 week high of $33.34. The company has a 50 day moving average of $31.01 and a 200 day moving average of $30.39. The firm has a market capitalization of $104.69 billion, a PE ratio of 27.25 and a beta of 1.15. The company has a debt-to-equity ratio of 3.87, a current ratio of 1.05 and a quick ratio of 1.05.

UBS Group (NYSE:UBS - Get Free Report) last released its earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.15. UBS Group had a net margin of 5.13% and a return on equity of 4.69%. The firm had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $11.20 billion. During the same period in the prior year, the firm earned ($0.24) EPS. Equities analysts forecast that UBS Group AG will post 1.45 earnings per share for the current 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.