UBS Group AG (NYSE:UBS) Short Interest Down 15.0% in December

UBS Group AG (NYSE:UBS) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 6,530,000 shares, a drop of 15.0% from the November 30th total of 7,680,000 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 1,360,000 shares, the short-interest ratio is currently 4.8 days.

Institutional Trading of UBS Group

Several hedge funds have recently added to or reduced their stakes in UBS. Hantz Financial Services Inc. purchased a new stake in UBS Group during the second quarter worth approximately $2,438,000. Rothschild Investment LLC purchased a new position in shares of UBS Group in the 2nd quarter valued at $104,000. Sage Mountain Advisors LLC raised its stake in UBS Group by 49.7% during the 2nd quarter. Sage Mountain Advisors LLC now owns 10,966 shares of the bank’s stock worth $324,000 after acquiring an additional 3,642 shares in the last quarter. Drive Wealth Management LLC lifted its position in UBS Group by 3.2% in the second quarter. Drive Wealth Management LLC now owns 11,100 shares of the bank’s stock valued at $328,000 after acquiring an additional 349 shares during the last quarter. Finally, Natixis Advisors LLC boosted its stake in UBS Group by 7.3% in the second quarter. Natixis Advisors LLC now owns 4,949,855 shares of the bank’s stock valued at $146,219,000 after acquiring an additional 336,813 shares in the last quarter.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on UBS. 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 began coverage on UBS Group in a research report on Thursday, September 19th. They set a “neutral” rating for the company. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

UBS Group Stock Up 0.2 %

Shares of UBS stock traded up $0.05 during trading on Friday, reaching $30.69. The company’s stock had a trading volume of 1,095,044 shares, compared to its average volume of 2,054,376. The company has a market capitalization of $98.41 billion, a price-to-earnings ratio of 25.58 and a beta of 1.14. UBS Group has a 1-year low of $26.00 and a 1-year high of $33.34. The company has a debt-to-equity ratio of 3.87, a current ratio of 1.05 and a quick ratio of 1.05. The stock’s 50-day moving average price is $31.73 and its 200 day moving average price is $30.83.

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