Atomi Financial Group Inc. Has $974,000 Stake in UBS Group AG (NYSE:UBS)

Atomi Financial Group Inc. lifted its position in shares of UBS Group AG (NYSE:UBS) by 18.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,706 shares of the bank’s stock after acquiring an additional 4,861 shares during the quarter. Atomi Financial Group Inc.’s holdings in UBS Group were worth $974,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its position in UBS Group by 5.3% during the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 13,240,888 shares of the bank’s stock worth $410,692,000 after purchasing an additional 663,673 shares during the last quarter. Commonwealth Equity Services LLC raised its position in shares of UBS Group by 82.2% in the 1st quarter. Commonwealth Equity Services LLC now owns 63,148 shares of the bank’s stock worth $1,940,000 after acquiring an additional 28,494 shares in the last quarter. Norden Group LLC bought a new position in shares of UBS Group in the 1st quarter worth about $806,000. Zhang Financial LLC raised its position in shares of UBS Group by 48.8% in the 1st quarter. Zhang Financial LLC now owns 34,337 shares of the bank’s stock worth $1,055,000 after acquiring an additional 11,255 shares in the last quarter. Finally, Azora Capital LP raised its position in shares of UBS Group by 51.0% in the 4th quarter. Azora Capital LP now owns 669,386 shares of the bank’s stock worth $20,757,000 after acquiring an additional 226,012 shares in the last quarter.

Wall Street Analyst Weigh In

UBS has been the subject of several research analyst reports. Citigroup lowered UBS Group from a “buy” rating to a “neutral” rating in a research report on Tuesday, April 23rd. BNP Paribas lowered UBS Group from an “outperform” rating to a “neutral” rating in a research report on Monday, April 22nd. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, UBS Group presently has an average rating of “Hold”.

UBS Group Stock Down 0.3 %

UBS stock traded down $0.10 during mid-day trading on Monday, reaching $31.14. 565,354 shares of the company traded hands, compared to its average volume of 2,507,114. The stock has a market cap of $99.85 billion, a price-to-earnings ratio of 3.39 and a beta of 1.16. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 4.00. UBS Group AG has a fifty-two week low of $21.02 and a fifty-two week high of $32.13. The firm’s 50 day moving average price is $30.44 and its 200 day moving average price is $29.74.

UBS Group (NYSE:UBS) last announced its earnings results on Tuesday, May 7th. The bank reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.29. UBS Group had a return on equity of 7.78% and a net margin of 39.78%. The firm had revenue of $12.74 billion for the quarter, compared to the consensus estimate of $12.05 billion. As a group, equities research analysts predict that UBS Group AG will post 0.78 EPS for the current fiscal year.

UBS Group Company Profile

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.