Forum Financial Management LP Increases Stock Holdings in UBS Group AG (NYSE:UBS)

Forum Financial Management LP boosted its stake in UBS Group AG (NYSE:UBS - Free Report) by 20.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 68,105 shares of the bank's stock after buying an additional 11,749 shares during the quarter. Forum Financial Management LP's holdings in UBS Group were worth $2,065,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Berbice Capital Management LLC purchased a new stake in UBS Group in the 4th quarter valued at $27,000. Rakuten Securities Inc. bought a new position in shares of UBS Group during the 4th quarter worth $30,000. Headlands Technologies LLC bought a new position in UBS Group in the 4th quarter worth about $33,000. Kohmann Bosshard Financial Services LLC bought a new position in UBS Group in the 4th quarter worth about $41,000. Finally, Continuum Advisory LLC boosted its stake in UBS Group by 31.1% in the 4th quarter. Continuum Advisory LLC now owns 2,009 shares of the bank's stock worth $61,000 after purchasing an additional 477 shares during the period.

UBS Group Trading Up 0.1%

Shares of UBS stock traded up $0.03 on Thursday, reaching $31.62. 1,161,735 shares of the company's stock were exchanged, compared to its average volume of 2,341,013. UBS Group AG has a 52 week low of $25.75 and a 52 week high of $35.84. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 3.76. The stock has a market capitalization of $101.37 billion, a PE ratio of 20.80 and a beta of 1.15. The company's fifty day simple moving average is $30.31 and its 200 day simple moving average is $31.86.

UBS Group (NYSE:UBS - Get Free Report) last issued its earnings results on Wednesday, April 30th. The bank reported $0.51 earnings per share for the quarter, beating analysts' consensus estimates of $0.42 by $0.09. The business had revenue of $11.90 billion during the quarter, compared to analyst estimates of $10.19 billion. UBS Group had a return on equity of 5.93% and a net margin of 6.93%. As a group, analysts forecast that UBS Group AG will post 1.9 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on UBS. Bank of America cut UBS Group from a "neutral" rating to an "underperform" rating in a report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of UBS Group in a research note on Monday, May 12th. DZ Bank raised UBS Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 6th. Wedbush reissued a "neutral" rating on shares of UBS Group in a report on Tuesday. Finally, Royal Bank of Canada reiterated an "outperform" rating on shares of UBS Group in a research report on Wednesday, May 21st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, UBS Group 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.