Berbice Capital Management LLC bought a new position in UBS Group AG (NYSE:UBS – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 900 shares of the bank’s stock, valued at approximately $27,000.
Other large investors also recently modified their holdings of the company. Versant Capital Management Inc bought a new stake in UBS Group during the fourth quarter valued at approximately $40,000. Continuum Advisory LLC raised its stake in shares of UBS Group by 41.6% during the third quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock worth $49,000 after acquiring an additional 450 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its stake in shares of UBS Group by 566.4% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock worth $49,000 after acquiring an additional 1,416 shares in the last quarter. FSC Wealth Advisors LLC purchased a new position in shares of UBS Group during the third quarter worth approximately $71,000. Finally, Rosenberg Matthew Hamilton raised its stake in shares of UBS Group by 15.6% during the third quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank’s stock worth $81,000 after acquiring an additional 355 shares in the last quarter.
Wall Street Analyst Weigh In
UBS has been the topic of several research reports. Kepler Capital Markets raised shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, January 10th. BNP Paribas raised shares of UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Finally, StockNews.com downgraded shares of UBS Group from a “buy” rating to a “hold” rating in a research note on Wednesday. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.
UBS Group Stock Up 0.2 %
Shares of UBS Group stock opened at $35.06 on Friday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.87. The company’s fifty day simple moving average is $31.84 and its two-hundred day simple moving average is $31.09. The company has a market cap of $112.40 billion, a P/E ratio of 29.22 and a beta of 1.15. UBS Group AG has a 12-month low of $26.00 and a 12-month high of $35.14.
UBS Group (NYSE:UBS – Get Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The bank reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.15. UBS Group had a net margin of 5.13% and a return on equity of 4.69%. The business had revenue of $19.31 billion for the quarter, compared to the consensus estimate of $11.20 billion. During the same period in the previous year, the firm earned ($0.24) EPS. Research analysts anticipate that UBS Group AG will post 1.53 EPS for the current year.
About UBS Group
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.
Further Reading
- Five stocks we like better than UBS Group
- How to trade using analyst ratings
- Why Energy Transfer Stock Could Soar to New Highs in 2025
- What is the MACD Indicator and How to Use it in Your Trading
- 3 Buy-and-Hold Stocks for Long-Term Growth
- Are Penny Stocks a Good Fit for Your Portfolio?
- Despite Short-Term Risks Freeport McMoran Worth a Look
Want to see what other hedge funds are holding UBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for UBS Group AG (NYSE:UBS – Free Report).
Receive News & Ratings for UBS Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UBS Group and related companies with MarketBeat.com's FREE daily email newsletter.