UBS Group AG (NYSE:UBS) Position Increased by Hilltop Holdings Inc.

Hilltop Holdings Inc. lifted its position in UBS Group AG (NYSE:UBS) by 30.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,428 shares of the bank’s stock after acquiring an additional 2,435 shares during the period. Hilltop Holdings Inc.’s holdings in UBS Group were worth $321,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Nisa Investment Advisors LLC acquired a new stake in UBS Group during the 2nd quarter worth about $41,000. Benjamin F. Edwards & Company Inc. lifted its position in shares of UBS Group by 566.4% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock worth $49,000 after purchasing an additional 1,416 shares in the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in shares of UBS Group during the second quarter worth approximately $50,000. FSC Wealth Advisors LLC purchased a new position in UBS Group during the third quarter valued at approximately $71,000. Finally, Rosenberg Matthew Hamilton increased its stake in UBS Group by 15.6% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank’s stock valued at $81,000 after buying an additional 355 shares during the period.

UBS Group Price Performance

NYSE UBS opened at $32.79 on Friday. The company has a 50 day moving average price of $31.89 and a two-hundred day moving average price of $30.84. UBS Group AG has a 12-month low of $26.00 and a 12-month high of $33.34. The stock has a market capitalization of $105.14 billion, a PE ratio of 27.33 and a beta of 1.14. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 3.87.

UBS Group (NYSE:UBS) last issued its quarterly earnings data on Wednesday, October 30th. The bank reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.15. UBS Group had a net margin of 5.13% and a return on equity of 4.69%. The firm had revenue of $19.31 billion during the quarter, compared to analysts’ expectations of $11.20 billion. During the same period in the prior year, the company posted ($0.24) earnings per share. As a group, equities analysts predict that UBS Group AG will post 1.73 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on UBS shares. StockNews.com upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Bank of America started coverage on UBS Group in a research note on Thursday, September 19th. They issued a “neutral” rating on the stock. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, UBS Group currently has an average rating of “Moderate Buy”.

UBS Group 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.