UBS Group AG (NYSE:UBS) Stock Holdings Decreased by Boston Private Wealth LLC

Boston Private Wealth LLC lowered its stake in UBS Group AG (NYSE:UBS) by 27.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 18,279 shares of the bank’s stock after selling 7,075 shares during the period. Boston Private Wealth LLC’s holdings in UBS Group were worth $292,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in UBS. Advanced Research Investment Solutions LLC bought a new stake in shares of UBS Group in the 3rd quarter worth about $29,000. Koshinski Asset Management Inc. bought a new stake in shares of UBS Group in the 3rd quarter worth about $61,000. Huntington National Bank increased its position in shares of UBS Group by 16.6% in the 3rd quarter. Huntington National Bank now owns 4,094 shares of the bank’s stock worth $65,000 after purchasing an additional 583 shares during the last quarter. Parallel Advisors LLC increased its position in shares of UBS Group by 34.5% in the 3rd quarter. Parallel Advisors LLC now owns 8,987 shares of the bank’s stock worth $143,000 after purchasing an additional 2,306 shares during the last quarter. Finally, Kore Private Wealth LLC bought a new stake in shares of UBS Group in the 2nd quarter worth about $166,000. 33.25% of the stock is owned by institutional investors.

A number of brokerages recently weighed in on UBS. Barclays reaffirmed an “underweight” rating on shares of UBS Group in a research report on Wednesday, October 27th. Credit Suisse Group reaffirmed an “outperform” rating on shares of UBS Group in a research report on Wednesday, October 27th. Keefe, Bruyette & Woods raised shares of UBS Group from a “market perform” rating to an “outperform” rating in a research note on Thursday, January 6th. Zacks Investment Research lowered shares of UBS Group from a “buy” rating to a “hold” rating and set a $19.00 target price for the company. in a research note on Friday, December 31st. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of UBS Group in a research note on Wednesday, December 1st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $18.56.

Shares of NYSE:UBS opened at $19.62 on Friday. The company has a 50 day moving average of $18.04 and a 200-day moving average of $17.03. The firm has a market cap of $68.28 billion, a P/E ratio of 9.21, a P/E/G ratio of 0.71 and a beta of 1.19. UBS Group AG has a twelve month low of $14.32 and a twelve month high of $19.78. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 3.39.

UBS Group (NYSE:UBS) last issued its quarterly earnings results on Sunday, October 24th. The bank reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.20. The company had revenue of $9.12 billion during the quarter, compared to analyst estimates of $7.96 billion. UBS Group had a net margin of 22.02% and a return on equity of 13.15%. The business’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.56 EPS. Equities research analysts forecast that UBS Group AG will post 1.94 EPS for the current year.

About UBS Group

UBS Group AG is a holding company, which engages in the provision of financial management solutions. It operates through the following segments: Global Wealth Management;; Personal and Corporate Banking; Asset Management; Investment Bank, and Corporate Center. The Global Wealth Management segment advises and offers financial services to wealthy private clients except those served by Wealth Management Americas which include banking and lending, wealth planning, and investment management.

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

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