UBS Group AG (NYSE:UBS) Shares Sold by Raymond James Trust N.A.

Raymond James Trust N.A. decreased its holdings in UBS Group AG (NYSE:UBS) by 5.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,506 shares of the bank’s stock after selling 1,754 shares during the period. Raymond James Trust N.A.’s holdings in UBS Group were worth $1,005,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of UBS Group by 11.3% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 54,060,137 shares of the bank’s stock worth $1,591,242,000 after purchasing an additional 5,508,422 shares during the last quarter. Legal & General Group Plc lifted its position in shares of UBS Group by 11,313.2% during the 2nd quarter. Legal & General Group Plc now owns 41,389,783 shares of the bank’s stock worth $1,218,317,000 after purchasing an additional 41,027,134 shares during the last quarter. Pzena Investment Management LLC lifted its position in shares of UBS Group by 2.8% during the 3rd quarter. Pzena Investment Management LLC now owns 30,802,466 shares of the bank’s stock worth $952,104,000 after purchasing an additional 851,231 shares during the last quarter. Acadian Asset Management LLC lifted its position in shares of UBS Group by 20.3% during the 2nd quarter. Acadian Asset Management LLC now owns 9,779,265 shares of the bank’s stock worth $287,803,000 after purchasing an additional 1,649,115 shares during the last quarter. Finally, Canada Pension Plan Investment Board lifted its position in shares of UBS Group by 10.8% during the 2nd quarter. Canada Pension Plan Investment Board now owns 8,630,819 shares of the bank’s stock worth $254,045,000 after purchasing an additional 843,903 shares during the last quarter.

UBS Group Price Performance

Shares of NYSE:UBS opened at $31.80 on Monday. UBS Group AG has a one year low of $26.00 and a one year high of $33.34. The stock has a market capitalization of $101.96 billion, a price-to-earnings ratio of 26.50 and a beta of 1.15. The company has a 50-day simple moving average of $31.52 and a 200-day simple moving average of $30.69. The company has a debt-to-equity ratio of 3.87, a quick ratio of 1.05 and a current ratio of 1.05.

UBS Group (NYSE:UBS) last announced its earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.15. UBS Group had a net margin of 5.13% and a return on equity of 4.69%. The business had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $11.20 billion. During the same quarter in the prior year, the firm earned ($0.24) earnings per share. On average, analysts predict that UBS Group AG will post 1.73 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Bank of America assumed coverage on shares of UBS Group in a research report on Thursday, September 19th. They set a “neutral” rating for the company. StockNews.com raised shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, UBS Group currently has a consensus rating of “Moderate Buy”.

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.