UBS Group AG $UBS Shares Sold by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC cut its holdings in shares of UBS Group AG (NYSE:UBS) by 5.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 181,097 shares of the bank’s stock after selling 10,180 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in UBS Group were worth $6,131,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Dorsey & Whitney Trust CO LLC raised its holdings in UBS Group by 1.7% during the first quarter. Dorsey & Whitney Trust CO LLC now owns 20,902 shares of the bank’s stock worth $640,000 after purchasing an additional 358 shares in the last quarter. First National Bank of Hutchinson raised its holdings in UBS Group by 3.1% during the first quarter. First National Bank of Hutchinson now owns 12,384 shares of the bank’s stock worth $379,000 after purchasing an additional 367 shares in the last quarter. Allianz SE raised its holdings in UBS Group by 3.2% during the first quarter. Allianz SE now owns 12,312 shares of the bank’s stock worth $374,000 after purchasing an additional 380 shares in the last quarter. Kestra Advisory Services LLC raised its holdings in UBS Group by 0.3% during the first quarter. Kestra Advisory Services LLC now owns 145,380 shares of the bank’s stock worth $4,453,000 after purchasing an additional 386 shares in the last quarter. Finally, Impact Capital Partners LLC raised its holdings in UBS Group by 4.1% during the second quarter. Impact Capital Partners LLC now owns 9,994 shares of the bank’s stock worth $338,000 after purchasing an additional 394 shares in the last quarter.

UBS Group Trading Up 1.7%

NYSE UBS opened at $40.42 on Tuesday. UBS Group AG has a twelve month low of $25.75 and a twelve month high of $42.56. The company has a debt-to-equity ratio of 3.77, a quick ratio of 1.05 and a current ratio of 1.05. The stock has a market cap of $129.59 billion, a price-to-earnings ratio of 21.38, a PEG ratio of 0.64 and a beta of 1.18. The firm’s 50 day moving average price is $40.36 and its two-hundred day moving average price is $35.10.

UBS Group (NYSE:UBS) last posted its quarterly earnings data on Wednesday, July 30th. The bank reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.02. UBS Group had a net margin of 9.21% and a return on equity of 7.17%. The firm had revenue of $11.55 billion for the quarter, compared to analysts’ expectations of $9.77 billion. During the same period in the previous year, the company posted $0.34 EPS. Equities analysts anticipate that UBS Group AG will post 1.9 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Morgan Stanley reissued an “underweight” rating on shares of UBS Group in a report on Monday, October 6th. Bank of America raised UBS Group from an “underperform” rating to a “neutral” rating in a report on Tuesday, July 22nd. Wall Street Zen cut UBS Group from a “hold” rating to a “sell” rating in a report on Sunday, September 28th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of UBS Group in a report on Wednesday, October 8th. Finally, Zacks Research raised UBS Group to a “strong-buy” rating in a report on Friday, August 8th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, UBS Group presently 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.