O Shaughnessy Asset Management LLC Boosts Holdings in UBS Group AG (NYSE:UBS)

O Shaughnessy Asset Management LLC grew its position in shares of UBS Group AG (NYSE:UBS) by 9.0% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 496,213 shares of the bank’s stock after buying an additional 40,911 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in UBS Group were worth $15,246,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Opal Wealth Advisors LLC purchased a new position in UBS Group during the first quarter worth about $42,000. RFP Financial Group LLC raised its stake in shares of 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 buying an additional 526 shares in the last quarter. Larson Financial Group LLC lifted its holdings in shares of UBS Group by 5,742.3% in the 1st quarter. Larson Financial Group LLC now owns 1,519 shares of the bank’s stock valued at $47,000 after buying an additional 1,493 shares during the period. First Horizon Advisors Inc. boosted its stake in shares of UBS Group by 91.2% in the fourth quarter. First Horizon Advisors Inc. now owns 1,543 shares of the bank’s stock valued at $48,000 after buying an additional 736 shares in the last quarter. Finally, Naples Money Management LLC purchased a new stake in shares of UBS Group in the fourth quarter valued at approximately $51,000.

Analyst Upgrades and Downgrades

A number of research firms have commented on UBS. BNP Paribas downgraded UBS Group from an “outperform” rating to a “neutral” rating in a report on Monday, April 22nd. Citigroup cut shares of UBS Group from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 23rd. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, UBS Group presently has a consensus rating of “Hold”.

UBS Group Price Performance

NYSE UBS traded down $0.15 during mid-day trading on Tuesday, hitting $30.53. The stock had a trading volume of 1,966,556 shares, compared to its average volume of 2,461,060. The company has a 50 day simple moving average of $30.66 and a 200 day simple moving average of $29.76. The company has a market cap of $97.89 billion, a price-to-earnings ratio of 3.33 and a beta of 1.16. UBS Group AG has a 52-week low of $21.34 and a 52-week high of $32.13. 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 (NYSE:UBS) last announced its quarterly earnings results on Tuesday, May 7th. The bank reported $0.52 earnings per share for the quarter, beating 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 business had revenue of $12.74 billion during the quarter, compared to analysts’ expectations of $12.05 billion. Equities analysts forecast that UBS Group AG will post 0.97 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.