Fiera Capital Corp Purchases 59,012 Shares of UBS Group AG (NYSE:UBS)

Fiera Capital Corp grew its stake in shares of UBS Group AG (NYSE:UBS - Free Report) by 37.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 216,991 shares of the bank's stock after acquiring an additional 59,012 shares during the period. Fiera Capital Corp's holdings in UBS Group were worth $6,646,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Blair William & Co. IL lifted its position 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 valued at $242,000 after acquiring an additional 823 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in shares of UBS Group by 3.3% during the 4th quarter. Thrivent Financial for Lutherans now owns 16,302 shares of the bank's stock valued at $531,000 after acquiring an additional 527 shares during the last quarter. LPL Financial LLC lifted its position in shares of UBS Group by 20.4% during the 4th quarter. LPL Financial LLC now owns 195,629 shares of the bank's stock valued at $5,931,000 after acquiring an additional 33,126 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of UBS Group by 18.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 124,395 shares of the bank's stock valued at $3,810,000 after acquiring an additional 19,229 shares during the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of UBS Group by 2,963.0% during the 1st quarter. GAMMA Investing LLC now owns 25,607 shares of the bank's stock valued at $836,000 after acquiring an additional 24,771 shares during the last quarter.

UBS Group Stock Down 1.8%

NYSE:UBS traded down $0.66 during trading hours on Friday, hitting $36.67. 3,697,642 shares of the stock traded hands, compared to its average volume of 3,225,511. UBS Group AG has a fifty-two week low of $25.75 and a fifty-two week high of $38.42. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 3.72. The firm has a market cap of $117.58 billion, a price-to-earnings ratio of 19.40, a PEG ratio of 0.68 and a beta of 1.15. The firm has a 50 day moving average price of $34.05 and a 200 day moving average price of $32.71.

UBS Group (NYSE:UBS - Get Free Report) last posted its earnings results on Wednesday, July 30th. The bank reported $0.72 EPS for the quarter, topping the consensus estimate of $0.70 by $0.02. The firm had revenue of $11.55 billion for the quarter, compared to the consensus estimate of $9.77 billion. UBS Group had a net margin of 9.21% and a return on equity of 7.23%. During the same period in the prior year, the business posted $0.34 earnings per share. Equities research analysts anticipate that UBS Group AG will post 1.9 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Royal Bank Of Canada reiterated an "outperform" rating on shares of UBS Group in a research report on Wednesday, May 21st. Morgan Stanley downgraded shares of UBS Group from an "equal weight" rating to an "underweight" rating in a research note on Wednesday, June 18th. DZ Bank raised shares of UBS Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 6th. Bank of America raised shares of UBS Group from an "underperform" rating to a "neutral" rating in a research note on Tuesday, July 22nd. Finally, Wall Street Zen raised shares of UBS Group from a "sell" rating to a "hold" rating in a research note on Saturday, July 26th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy".

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.