Private Advisor Group LLC Purchases 559 Shares of UBS Group AG (NYSE:UBS)

Private Advisor Group LLC lifted its stake in UBS Group AG (NYSE:UBSFree Report) by 1.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,574 shares of the bank’s stock after purchasing an additional 559 shares during the quarter. Private Advisor Group LLC’s holdings in UBS Group were worth $926,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in UBS. Cambridge Investment Research Advisors Inc. boosted its position in shares of UBS Group by 6.1% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 24,726 shares of the bank’s stock worth $483,000 after purchasing an additional 1,412 shares in the last quarter. BlackRock Inc. raised its holdings in UBS Group by 6.1% in the 1st quarter. BlackRock Inc. now owns 2,465,156 shares of the bank’s stock worth $48,169,000 after acquiring an additional 142,328 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in UBS Group by 11.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,348,771 shares of the bank’s stock worth $84,975,000 after acquiring an additional 453,906 shares during the last quarter. Sei Investments Co. raised its holdings in UBS Group by 136.0% in the 1st quarter. Sei Investments Co. now owns 293,491 shares of the bank’s stock worth $5,716,000 after acquiring an additional 169,106 shares during the last quarter. Finally, Sequoia Financial Advisors LLC raised its holdings in UBS Group by 39.3% in the 1st quarter. Sequoia Financial Advisors LLC now owns 15,826 shares of the bank’s stock worth $309,000 after acquiring an additional 4,466 shares during the last quarter. 36.44% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Bank of America lowered shares of UBS Group from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 5th. StockNews.com raised UBS Group from a “sell” rating to a “hold” rating in a report on Friday, December 29th. BNP Paribas raised UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, October 6th. Finally, Royal Bank of Canada raised UBS Group from a “sector perform” rating to an “outperform” rating in a report on Monday, October 16th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, UBS Group has a consensus rating of “Hold” and an average price target of $18.86.

Get Our Latest Stock Report on UBS

UBS Group Stock Performance

Shares of UBS Group stock opened at $29.92 on Thursday. The business has a 50-day moving average price of $29.30 and a 200-day moving average price of $25.96. The company has a debt-to-equity ratio of 4.10, a quick ratio of 1.23 and a current ratio of 1.23. UBS Group AG has a twelve month low of $17.99 and a twelve month high of $31.40.

UBS Group (NYSE:UBSGet Free Report) last issued its quarterly earnings data on Monday, November 6th. The bank reported ($0.24) earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.30). The firm had revenue of $19.72 billion for the quarter. UBS Group had a net margin of 52.89% and a return on equity of 11.03%. During the same period last year, the firm posted $0.52 EPS. As a group, sell-side analysts predict that UBS Group AG will post 0.94 earnings per share for the current year.

UBS Group Profile

(Free Report)

UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through four divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, and Investment Bank. The Global Wealth Management division offers investment advice and solutions, and lending solutions.

Further Reading

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

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