2,573 Shares in UBS Group AG (NYSE:UBS) Purchased by Hilltop National Bank

Hilltop National Bank purchased a new position in shares of UBS Group AG (NYSE:UBS) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,573 shares of the bank’s stock, valued at approximately $76,000.

A number of other hedge funds have also bought and sold shares of UBS. Norges Bank acquired a new position in shares of UBS Group in the 4th quarter worth approximately $5,004,151,000. Pzena Investment Management LLC increased its stake in UBS Group by 392.8% during the 4th quarter. Pzena Investment Management LLC now owns 30,145,113 shares of the bank’s stock valued at $931,484,000 after purchasing an additional 24,027,505 shares in the last quarter. Vanguard Group Inc. increased its stake in UBS Group by 6.8% during the 4th quarter. Vanguard Group Inc. now owns 113,982,749 shares of the bank’s stock valued at $3,522,067,000 after purchasing an additional 7,249,527 shares in the last quarter. M&G Plc bought a new stake in UBS Group during the 1st quarter valued at $173,678,000. Finally, WCM Investment Management LLC increased its stake in UBS Group by 6,797.0% during the 4th quarter. WCM Investment Management LLC now owns 4,635,670 shares of the bank’s stock valued at $143,567,000 after purchasing an additional 4,568,457 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of analysts have commented on UBS shares. Citigroup lowered shares of UBS Group from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 23rd. BNP Paribas lowered shares of UBS Group from an “outperform” rating to a “neutral” rating in a research note on Monday, April 22nd. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

UBS Group Stock Performance

Shares of NYSE:UBS remained flat at $28.18 during midday trading on Wednesday. 1,549,951 shares of the company were exchanged, compared to its average volume of 2,427,474. The stock has a 50-day simple moving average of $30.47 and a 200 day simple moving average of $29.75. The company has a debt-to-equity ratio of 4.00, a quick ratio of 1.08 and a current ratio of 1.08. The stock has a market capitalization of $90.36 billion, a PE ratio of 3.10 and a beta of 1.16. UBS Group AG has a 52 week low of $21.69 and a 52 week high of $32.13.

UBS Group (NYSE:UBS) last issued its quarterly 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. The company had revenue of $12.74 billion for the quarter, compared to the consensus estimate of $12.05 billion. UBS Group had a net margin of 39.78% and a return on equity of 7.78%. Research analysts forecast that UBS Group AG will post 1.02 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.