UBS Group AG $UBS Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lessened its position in shares of UBS Group AG (NYSE:UBS) by 20.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 45,665 shares of the bank’s stock after selling 12,010 shares during the period. Yousif Capital Management LLC’s holdings in UBS Group were worth $1,872,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Maseco LLP purchased a new stake in shares of UBS Group during the 2nd quarter worth $28,000. Twin Peaks Wealth Advisors LLC acquired a new stake in UBS Group in the second quarter valued at $33,000. Westside Investment Management Inc. lifted its holdings in UBS Group by 535.2% during the 2nd quarter. Westside Investment Management Inc. now owns 1,137 shares of the bank’s stock worth $38,000 after buying an additional 958 shares during the last quarter. Quarry LP acquired a new position in shares of UBS Group during the 1st quarter worth about $37,000. Finally, GAMMA Investing LLC increased its holdings in shares of UBS Group by 52.9% in the 3rd quarter. GAMMA Investing LLC now owns 1,300 shares of the bank’s stock valued at $53,000 after acquiring an additional 450 shares during the last quarter.

UBS Group Stock Performance

Shares of UBS Group stock opened at $46.53 on Tuesday. The firm’s fifty day simple moving average is $40.37 and its 200-day simple moving average is $38.89. UBS Group AG has a 12 month low of $25.75 and a 12 month high of $47.31. The stock has a market capitalization of $145.35 billion, a price-to-earnings ratio of 20.96, a PEG ratio of 0.57 and a beta of 1.13. The company has a debt-to-equity ratio of 3.69, a current ratio of 1.03 and a quick ratio of 1.03.

UBS Group (NYSE:UBS) last issued its quarterly earnings data on Wednesday, October 29th. The bank reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.28. The company had revenue of $12.76 billion for the quarter, compared to the consensus estimate of $9.68 billion. UBS Group had a net margin of 11.02% and a return on equity of 8.31%. UBS Group’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period last year, the firm posted $0.43 EPS. As a group, equities analysts forecast that UBS Group AG will post 1.9 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on UBS shares. Morgan Stanley restated an “underweight” rating on shares of UBS Group in a research note on Monday, November 24th. BNP Paribas downgraded shares of UBS Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 4th. Wall Street Zen upgraded shares of UBS Group from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Keefe, Bruyette & Woods downgraded shares of UBS Group from a “hold” rating to a “moderate sell” rating in a research report on Friday, November 7th. Finally, Citigroup reiterated a “neutral” rating on shares of UBS Group in a research note on Monday, November 3rd. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $60.30.

UBS Group Company Profile

UBS Group AG is a Swiss multinational financial services firm that provides a broad range of banking and capital markets services to private, institutional and corporate clients. Headquartered in Zurich, UBS operates as a universal bank with a primary focus on wealth management, asset management, investment banking and retail and commercial banking in Switzerland. The firm serves high-net-worth and ultra-high-net-worth individuals, pension funds, corporations and institutional investors through a global network of offices.

Key business activities include global wealth management—offering financial planning, investment advisory, discretionary portfolio management and custody services—alongside asset management products for institutional and retail investors.