Gradient Investments LLC Sells 1,107 Shares of UBS Group AG (NYSE:UBS)

Gradient Investments LLC cut its stake in shares of UBS Group AG (NYSE:UBS) by 6.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,882 shares of the bank’s stock after selling 1,107 shares during the period. Gradient Investments LLC’s holdings in UBS Group were worth $451,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Berbice Capital Management LLC purchased a new position in UBS Group during the fourth quarter worth $27,000. Versant Capital Management Inc purchased a new stake in UBS Group in the fourth quarter worth $40,000. Benjamin F. Edwards & Company Inc. increased its stake in UBS Group by 566.4% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock worth $49,000 after buying an additional 1,416 shares during the period. Continuum Advisory LLC grew its stake 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 acquiring an additional 450 shares in the last quarter. Finally, FSC Wealth Advisors LLC purchased a new position in shares of UBS Group during the third quarter worth approximately $71,000.

Analyst Ratings Changes

UBS has been the subject of a number of research reports. Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a report on Friday, January 10th. StockNews.com downgraded UBS Group from a “buy” rating to a “hold” rating in a research report on Wednesday. Finally, BNP Paribas upgraded UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

UBS Group Trading Up 1.1 %

NYSE UBS opened at $35.39 on Friday. The firm has a market cap of $113.49 billion, a PE ratio of 29.50 and a beta of 1.15. UBS Group AG has a 52 week low of $26.00 and a 52 week high of $35.42. 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 company has a 50 day moving average price of $31.99 and a 200 day moving average price of $31.15.

UBS Group (NYSE:UBS) last issued its quarterly earnings data on Wednesday, October 30th. The bank reported $0.43 EPS for the quarter, beating the consensus estimate of $0.28 by $0.15. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. The firm had revenue of $19.31 billion during the quarter, compared to analyst estimates of $11.20 billion. During the same quarter in the prior year, the business posted ($0.24) EPS. As a group, sell-side analysts forecast that UBS Group AG will post 1.53 EPS for the current fiscal year.

About UBS Group

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.