UBS Group AG $UBS Shares Sold by West Family Investments Inc.

West Family Investments Inc. trimmed its stake in UBS Group AG (NYSE:UBS) by 28.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,810 shares of the bank’s stock after selling 2,724 shares during the quarter. West Family Investments Inc.’s holdings in UBS Group were worth $230,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of UBS. Maseco LLP purchased a new stake in UBS Group during the 2nd quarter worth $28,000. Westside Investment Management Inc. raised its holdings in UBS Group by 535.2% in the second quarter. Westside Investment Management Inc. now owns 1,137 shares of the bank’s stock valued at $38,000 after acquiring an additional 958 shares in the last quarter. Quarry LP bought a new stake in UBS Group in the first quarter valued at about $37,000. Geneos Wealth Management Inc. raised its position in shares of UBS Group by 62.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,497 shares of the bank’s stock valued at $46,000 after acquiring an additional 573 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new position in shares of UBS Group in the 2nd quarter valued at about $65,000.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Zacks Research lowered UBS Group from a “strong-buy” rating to a “hold” rating in a report on Friday, November 14th. Wall Street Zen upgraded UBS Group from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Morgan Stanley reiterated an “underweight” rating on shares of UBS Group in a report on Monday, November 24th. Citigroup reissued a “neutral” rating on shares of UBS Group in a research report on Monday, November 3rd. Finally, BNP Paribas lowered UBS Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

UBS Group Stock Performance

Shares of UBS stock opened at $38.61 on Monday. The stock has a market cap of $123.78 billion, a PE ratio of 17.39, a price-to-earnings-growth ratio of 0.66 and a beta of 1.20. UBS Group AG has a one year low of $25.75 and a one year high of $42.56. The company has a debt-to-equity ratio of 3.77, a current ratio of 1.05 and a quick ratio of 1.05. The stock has a 50-day moving average of $39.13 and a 200-day moving average of $37.27.

UBS Group (NYSE:UBS) last posted its quarterly earnings data on Wednesday, October 29th. The bank reported $0.76 EPS for the quarter, beating the consensus estimate of $0.48 by $0.28. UBS Group had a net margin of 11.02% and a return on equity of 8.37%. The business had revenue of $12.20 billion for the quarter, compared to analysts’ expectations of $9.68 billion. During the same period in the previous year, the firm posted $0.43 EPS. The firm’s revenue was up 4.3% compared to the same quarter last year. As a group, sell-side analysts expect that UBS Group AG will post 1.9 earnings per share for the current year.

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.