Banco Santander S.A. Decreases Stock Position in UBS Group AG (NYSE:UBS)

Banco Santander S.A. lowered its stake in UBS Group AG (NYSE:UBS) by 20.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 55,154 shares of the bank’s stock after selling 13,760 shares during the period. Banco Santander S.A.’s holdings in UBS Group were worth $1,694,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Forum Financial Management LP increased its holdings in UBS Group by 4.7% during the 1st quarter. Forum Financial Management LP now owns 56,356 shares of the bank’s stock valued at $1,731,000 after purchasing an additional 2,505 shares during the period. RFP Financial Group LLC increased its holdings in UBS Group by 58.3% during the 1st quarter. RFP Financial Group LLC now owns 1,429 shares of the bank’s stock valued at $44,000 after purchasing an additional 526 shares during the period. D Orazio & Associates Inc. increased its holdings in UBS Group by 3.5% during the 1st quarter. D Orazio & Associates Inc. now owns 11,264 shares of the bank’s stock valued at $346,000 after purchasing an additional 381 shares during the period. Bleakley Financial Group LLC increased its holdings in UBS Group by 22.1% during the 1st quarter. Bleakley Financial Group LLC now owns 11,734 shares of the bank’s stock valued at $360,000 after purchasing an additional 2,122 shares during the period. Finally, Henry James International Management Inc. increased its holdings in UBS Group by 10.2% during the 1st quarter. Henry James International Management Inc. now owns 497,783 shares of the bank’s stock valued at $15,000,000 after purchasing an additional 46,005 shares during the period.

UBS Group Stock Down 0.6 %

Shares of UBS stock traded down $0.17 during midday trading on Friday, reaching $30.42. 890,736 shares of the stock were exchanged, compared to its average volume of 1,437,533. UBS Group AG has a 1 year low of $21.19 and a 1 year high of $32.13. The company’s 50 day moving average is $30.64 and its two-hundred day moving average is $29.75. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 4.00. The firm has a market cap of $97.54 billion, a PE ratio of 3.31 and a beta of 1.16.

UBS Group (NYSE:UBS) last posted its earnings results on Tuesday, May 7th. The bank reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.29. UBS Group had a return on equity of 7.78% and a net margin of 39.78%. The firm had revenue of $12.74 billion for the quarter, compared to the consensus estimate of $12.05 billion. On average, equities research analysts predict that UBS Group AG will post 0.97 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. BNP Paribas downgraded UBS Group from an “outperform” rating to a “neutral” rating in a report on Monday, April 22nd. Citigroup downgraded UBS Group from a “buy” rating to a “neutral” rating in a report on Tuesday, April 23rd. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from 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.