2 weeks Ago By ABMN Staff
Benjamin F. Edwards & Company Inc. lifted its stake in shares of UBS Group AG ( NYSE:UBS – Free Report ) by 566.
4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,666 shares of the bank’s stock after buying an additional 1,416 shares during the quarter. Benjamin F.
Edwards & Company Inc.’s holdings in UBS Group were worth $49,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other hedge funds and other institutional investors also recently modified their holdings of the company.
DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its position in shares of UBS Group by 5.3% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 13,240,888 shares of the bank’s stock valued at $410,692,000 after buying an additional 663,673 shares during the period.
Commonwealth Equity Services LLC increased its position in shares of UBS Group by 82.2% during the first quarter. Commonwealth Equity Services LLC now owns 63,148 shares of the bank’s stock valued at $1,940,000 after buying an additional 28,494 shares during the period.
M&G Plc purchased a new position in shares of UBS Group during the first quarter valued at about $173,678,000. O Shaughnessy Asset Management LLC increased its position in shares of UBS Group by 9.0% during the first quarter.
O Shaughnessy Asset Management LLC now owns 496,213 shares of the bank’s stock valued at $15,246,000 after buying an additional 40,911 shares during the period. Finally, Norden Group LLC purchased a new position in shares of UBS Group during the first quarter valued at about $806,000. Wall Street Analysts Forecast Growth UBS has been the topic of several research analyst reports.
Bank of America initiated coverage on shares of UBS Group in a research report on Thursday, September 19th. They set a “neutral” rating on the stock. StockNews.
com cut shares of UBS Group from a “buy” rating to a “hold” rating in a report on Friday, August 23rd. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.
com, the company currently has a consensus rating of “Hold”. UBS Group Price Performance Shares of UBS opened at $31.03 on Friday.
The stock has a market cap of $99.50 billion, a PE ratio of 3.38 and a beta of 1.
15. The company has a debt-to-equity ratio of 4.07, a quick ratio of 1.
06 and a current ratio of 1.06. UBS Group AG has a fifty-two week low of $23.
23 and a fifty-two week high of $32.13. The firm’s 50-day simple moving average is $29.
89 and its two-hundred day simple moving average is $30.04. UBS Group ( NYSE:UBS – Get Free Report ) last announced its quarterly earnings data on Wednesday, August 14th.
The bank reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.
22. The business had revenue of $11.90 billion for the quarter, compared to analysts’ expectations of $11.
26 billion. UBS Group had a net margin of 2.31% and a return on equity of 2.
14%. During the same quarter in the prior year, the company earned $1.88 earnings per share.
Analysts anticipate that UBS Group AG will post 1.36 earnings per share for the current fiscal year. About UBS Group ( 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. Featured Articles Want to see what other hedge funds are holding UBS? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for UBS Group AG ( NYSE:UBS – Free Report ). Receive News & Ratings for UBS Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UBS Group and related companies with MarketBeat.com's FREE daily email newsletter .
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