Sivia Capital Partners LLC Raises Stock Position in UBS Group AG (NYSE:UBS)

Sivia Capital Partners LLC grew its stake in UBS Group AG (NYSE:UBS) by 6.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,678 shares of the bank’s stock after buying an additional 796 shares during the period. Sivia Capital Partners LLC’s holdings in UBS Group were worth $404,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of UBS. Private Advisor Group LLC increased its position in UBS Group by 3.9% during the fourth quarter. Private Advisor Group LLC now owns 39,030 shares of the bank’s stock worth $1,206,000 after buying an additional 1,456 shares during the period. Principal Securities Inc. acquired a new position in shares of UBS Group in the 4th quarter valued at $303,000. First City Capital Management Inc. acquired a new position in shares of UBS Group in the 4th quarter valued at $248,000. BNP Paribas Financial Markets raised its position in UBS Group by 25.6% in the 4th quarter. BNP Paribas Financial Markets now owns 50,414 shares of the bank’s stock valued at $1,558,000 after purchasing an additional 10,285 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in UBS Group by 88.9% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 70,880 shares of the bank’s stock worth $2,190,000 after purchasing an additional 33,348 shares during the period.

UBS Group Stock Performance

Shares of NYSE UBS opened at $28.53 on Friday. UBS Group AG has a 12 month low of $23.23 and a 12 month high of $32.13. The company has a 50-day simple moving average of $30.11 and a 200-day simple moving average of $29.94. The company has a market cap of $91.48 billion, a PE ratio of 3.11 and a beta of 1.15. The company has a debt-to-equity ratio of 4.07, a current ratio of 1.06 and a quick ratio of 1.06.

UBS Group (NYSE:UBS) last issued its earnings results on Wednesday, August 14th. The bank reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.22. The business had revenue of $11.90 billion for 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 quarter last year, the firm posted $1.88 EPS. On average, equities analysts anticipate that UBS Group AG will post 1.02 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut UBS Group from a “buy” rating to a “hold” rating in a research report on Friday, August 23rd. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, UBS Group has an average rating of “Hold”.

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.