Systrade AG Acquires 10,000 Shares of UBS Group AG (NYSE:UBS)

Systrade AG grew its holdings in UBS Group AG (NYSE:UBS) by 2.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 495,000 shares of the bank’s stock after purchasing an additional 10,000 shares during the quarter. UBS Group comprises about 24.2% of Systrade AG’s investment portfolio, making the stock its 2nd largest position. Systrade AG’s holdings in UBS Group were worth $15,008,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. lifted its stake in shares of UBS Group by 17.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 220,042 shares of the bank’s stock valued at $6,801,000 after acquiring an additional 33,089 shares during the period. Toronto Dominion Bank lifted its stake in shares of UBS Group by 286.3% during the second quarter. Toronto Dominion Bank now owns 272,309 shares of the bank’s stock valued at $8,044,000 after acquiring an additional 201,809 shares during the period. Fisher Asset Management LLC acquired a new position in shares of UBS Group during the third quarter valued at $23,884,000. Quantbot Technologies LP lifted its stake in shares of UBS Group by 117.1% during the third quarter. Quantbot Technologies LP now owns 152,151 shares of the bank’s stock valued at $4,703,000 after acquiring an additional 82,062 shares during the period. Finally, Legal & General Group Plc lifted its stake in shares of UBS Group by 11,313.2% during the second quarter. Legal & General Group Plc now owns 41,389,783 shares of the bank’s stock valued at $1,218,317,000 after acquiring an additional 41,027,134 shares during the period.

UBS Group Stock Up 2.7 %

Shares of UBS Group stock opened at $34.05 on Monday. UBS Group AG has a 1 year low of $26.00 and a 1 year high of $34.11. The business has a 50-day moving average of $31.69 and a two-hundred day moving average of $31.00. The company has a market capitalization of $109.17 billion, a P/E ratio of 28.37 and a beta of 1.15. The company has a debt-to-equity ratio of 3.87, a current ratio of 1.05 and a quick ratio of 1.05.

UBS Group (NYSE:UBS) last announced its quarterly earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.15. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. The company had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $11.20 billion. During the same period in the prior year, the company earned ($0.24) earnings per share. As a group, equities analysts predict that UBS Group AG will post 1.53 EPS for the current year.

Wall Street Analyst Weigh In

UBS has been the topic of several analyst reports. Kepler Capital Markets raised UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, January 10th. BNP Paribas raised UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Finally, StockNews.com raised UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, UBS Group presently has a consensus rating of “Moderate Buy”.

UBS Group Company 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.