Baker Ellis Asset Management LLC Grows Stock Holdings in UBS Group AG $UBS

Baker Ellis Asset Management LLC lifted its stake in shares of UBS Group AG (NYSE:UBS) by 2.7% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 40,050 shares of the bank’s stock after buying an additional 1,050 shares during the period. Baker Ellis Asset Management LLC’s holdings in UBS Group were worth $1,354,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. City Holding Co. purchased a new position in shares of UBS Group during the first quarter valued at about $25,000. Grove Bank & Trust purchased a new position in shares of UBS Group during the first quarter valued at about $28,000. Quarry LP purchased a new position in shares of UBS Group during the first quarter valued at about $37,000. Berbice Capital Management LLC increased its position in shares of UBS Group by 44.4% during the first quarter. Berbice Capital Management LLC now owns 1,300 shares of the bank’s stock valued at $40,000 after buying an additional 400 shares during the period. Finally, Rakuten Securities Inc. increased its position in shares of UBS Group by 45.9% during the first quarter. Rakuten Securities Inc. now owns 1,466 shares of the bank’s stock valued at $45,000 after buying an additional 461 shares during the period.

Wall Street Analysts Forecast Growth

Several research firms recently commented on UBS. Zacks Research raised shares of UBS Group to a “strong-buy” rating in a research note on Friday, August 8th. Royal Bank Of Canada reissued an “outperform” rating on shares of UBS Group in a research note on Wednesday, May 21st. Wall Street Zen lowered shares of UBS Group from a “hold” rating to a “sell” rating in a research note on Sunday, September 7th. Morgan Stanley lowered shares of UBS Group from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, June 18th. Finally, Bank of America raised shares of UBS Group from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 22nd. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

UBS Group Trading Down 0.4%

Shares of NYSE UBS opened at $40.72 on Monday. The firm’s 50 day moving average price is $38.50 and its 200-day moving average price is $33.92. The company has a market cap of $130.57 billion, a PE ratio of 21.54, a P/E/G ratio of 0.72 and a beta of 1.21. UBS Group AG has a 52-week low of $25.75 and a 52-week high of $40.92. The company has a debt-to-equity ratio of 3.77, a quick ratio of 1.05 and a current ratio of 1.05.

UBS Group (NYSE:UBS) last issued its earnings results on Wednesday, July 30th. The bank reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.02. The firm had revenue of $11.55 billion for the quarter, compared to the consensus estimate of $9.77 billion. UBS Group had a net margin of 9.21% and a return on equity of 7.17%. During the same quarter in the prior year, the firm posted $0.34 earnings per share. On average, equities research analysts expect that UBS Group AG will post 1.9 EPS for the current fiscal year.

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.