Crossmark Global Holdings Inc. Increases Holdings in UBS Group AG (NYSE:UBS)

Crossmark Global Holdings Inc. grew its holdings in shares of UBS Group AG (NYSE:UBS - Free Report) by 4.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 270,044 shares of the bank's stock after purchasing an additional 10,365 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in UBS Group were worth $8,271,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Jones Financial Companies Lllp grew its stake in shares of UBS Group by 142.4% during the 4th quarter. Jones Financial Companies Lllp now owns 22,023 shares of the bank's stock worth $668,000 after acquiring an additional 12,939 shares during the period. Steward Partners Investment Advisory LLC grew its stake in shares of UBS Group by 42.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,989 shares of the bank's stock worth $91,000 after acquiring an additional 887 shares during the period. Blair William & Co. IL grew its stake in shares of UBS Group by 11.5% during the 4th quarter. Blair William & Co. IL now owns 7,976 shares of the bank's stock worth $242,000 after acquiring an additional 823 shares during the period. Farther Finance Advisors LLC grew its stake in shares of UBS Group by 27.6% during the 4th quarter. Farther Finance Advisors LLC now owns 2,230 shares of the bank's stock worth $68,000 after acquiring an additional 482 shares during the period. Finally, Proficio Capital Partners LLC bought a new position in shares of UBS Group during the 4th quarter worth $396,000.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Bank of America downgraded UBS Group from a "neutral" rating to an "underperform" rating in a research note on Thursday, March 27th. Keefe, Bruyette & Woods upgraded UBS Group from a "moderate sell" rating to a "hold" rating in a research note on Thursday, April 17th. Wedbush reiterated a "neutral" rating on shares of UBS Group in a research note on Tuesday, May 27th. Royal Bank Of Canada reiterated an "outperform" rating on shares of UBS Group in a research note on Wednesday, May 21st. Finally, DZ Bank upgraded UBS Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 6th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, UBS Group currently has a consensus rating of "Hold".

UBS Group Stock Down 2.1%

Shares of NYSE UBS opened at $34.15 on Tuesday. UBS Group AG has a 52 week low of $25.75 and a 52 week high of $35.84. The business has a 50-day simple moving average of $32.23 and a two-hundred day simple moving average of $32.04. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 3.72. The company has a market cap of $109.50 billion, a P/E ratio of 22.62, a P/E/G ratio of 0.91 and a beta of 1.15.

UBS Group (NYSE:UBS - Get Free Report) last issued its earnings results on Wednesday, April 30th. The bank reported $0.51 EPS for the quarter, topping the consensus estimate of $0.42 by $0.09. UBS Group had a return on equity of 5.82% and a net margin of 7.13%. The business had revenue of $11.90 billion during the quarter, compared to the consensus estimate of $10.19 billion. Research analysts anticipate that UBS Group AG will post 1.9 earnings per share for the current fiscal year.

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.

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