2 weeks Ago By ABMN Staff
Brandes Investment Partners LP lowered its stake in shares of UBS Group AG ( NYSE:UBS – Free Report ) by 7.2% in the second quarter, Holdings Channel reports. The firm owned 1,734,460 shares of the bank’s stock after selling 134,417 shares during the period.
Brandes Investment Partners LP’s holdings in UBS Group were worth $51,159,000 as of its most recent filing with the Securities & Exchange Commission. Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UBS. Nisa Investment Advisors LLC acquired a new stake in shares of UBS Group in the second quarter worth $41,000.
Opal Wealth Advisors LLC bought a new position in UBS Group in the 1st quarter worth $42,000. RFP Financial Group LLC lifted its position in UBS Group by 58.3% during the 1st quarter.
RFP Financial Group LLC now owns 1,429 shares of the bank’s stock worth $44,000 after acquiring an additional 526 shares during the last quarter. Larson Financial Group LLC boosted its holdings in UBS Group by 5,742.3% during the first quarter.
Larson Financial Group LLC now owns 1,519 shares of the bank’s stock valued at $47,000 after acquiring an additional 1,493 shares during the period. Finally, Benjamin F. Edwards & Company Inc.
grew its position in shares of UBS Group by 566.4% in the second quarter. Benjamin F.
Edwards & Company Inc. now owns 1,666 shares of the bank’s stock valued at $49,000 after purchasing an additional 1,416 shares during the last quarter. Wall Street Analyst Weigh In Several brokerages have commented on UBS.
StockNews.com downgraded UBS Group from a “buy” rating to a “hold” rating in a research report on Friday, August 23rd. Bank of America started coverage on shares of UBS Group in a research note on Thursday, September 19th.
They set a “neutral” rating for the company. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.
com, the stock has a consensus rating of “Hold”. UBS Group Stock Up 0.1 % Shares of UBS stock opened at $31.
03 on Monday. UBS Group AG has a one year low of $23.23 and a one year high of $32.
13. The company has a debt-to-equity ratio of 4.07, a current ratio of 1.
06 and a quick ratio of 1.06. The stock has a fifty day moving average price of $29.
89 and a 200 day moving average price of $30.03. The stock has a market cap of $99.
50 billion, a P/E ratio of 3.38 and a beta of 1.15.
UBS Group ( NYSE:UBS – Get Free Report ) last released its quarterly earnings data on Wednesday, August 14th. The bank reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.
12 by $0.22. The company had revenue of $11.
90 billion during the quarter, compared to the consensus estimate of $11.26 billion. UBS Group had a net margin of 2.
31% and a return on equity of 2.14%. During the same period last year, the firm earned $1.
88 EPS. Analysts predict that UBS Group AG will post 1.36 earnings per share for the current year.
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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