UBS Group AG (NYSE:UBS) Shares Sold by Compton Wealth Advisory Group LLC

Compton Wealth Advisory Group LLC reduced its stake in UBS Group AG (NYSE:UBS) by 61.1% during the 1st quarter, HoldingsChannel.com reports. The fund owned 8,780 shares of the bank’s stock after selling 13,811 shares during the quarter. Compton Wealth Advisory Group LLC’s holdings in UBS Group were worth $269,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Norges Bank acquired a new stake in UBS Group during the 4th quarter worth approximately $5,594,066,000. Vanguard Group Inc. lifted its holdings in UBS Group by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 127,886,868 shares of the bank’s stock worth $3,915,512,000 after buying an additional 1,296,428 shares in the last quarter. FMR LLC lifted its holdings in UBS Group by 29.4% during the 4th quarter. FMR LLC now owns 55,533,620 shares of the bank’s stock worth $1,695,087,000 after buying an additional 12,609,616 shares in the last quarter. Pictet Asset Management Holding SA lifted its holdings in UBS Group by 18.9% during the 4th quarter. Pictet Asset Management Holding SA now owns 34,979,795 shares of the bank’s stock worth $1,070,335,000 after buying an additional 5,555,624 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in UBS Group by 162.6% during the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 28,307,335 shares of the bank’s stock worth $858,359,000 after buying an additional 17,525,749 shares in the last quarter.

UBS Group Price Performance

Shares of UBS opened at $34.88 on Friday. UBS Group AG has a twelve month low of $25.75 and a twelve month high of $35.84. The firm’s fifty day simple moving average is $32.16 and its 200-day simple moving average is $31.99. The firm has a market capitalization of $111.84 billion, a price-to-earnings ratio of 23.10, a PEG ratio of 0.91 and a beta of 1.15. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 3.72.

UBS Group (NYSE:UBS) last posted its earnings results on Wednesday, April 30th. The bank reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.09. The firm had revenue of $11.90 billion for the quarter, compared to the consensus estimate of $10.19 billion. UBS Group had a net margin of 7.13% and a return on equity of 5.82%. Equities analysts forecast that UBS Group AG will post 1.9 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on UBS shares. Bank of America lowered shares of UBS Group from a “neutral” rating to an “underperform” rating in a report on Thursday, March 27th. Citigroup reiterated a “neutral” rating on shares of UBS Group in a report on Wednesday, June 11th. Morgan Stanley lowered shares of UBS Group from an “equal weight” rating to an “underweight” rating in a report on Wednesday, June 18th. Royal Bank Of Canada reiterated an “outperform” rating on shares of UBS Group in a report on Wednesday, May 21st. Finally, Jefferies Financial Group upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a report on Tuesday, June 3rd. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold”.

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.