UBS Group AG (NYSE:UBS) Position Increased by Forum Financial Management LP

Forum Financial Management LP grew its stake in UBS Group AG (NYSE:UBS - Free Report) by 20.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 68,105 shares of the bank's stock after purchasing 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 filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kingsview Wealth Management LLC acquired a new stake in UBS Group during the fourth quarter worth about $218,000. Jones Financial Companies Lllp raised its stake in UBS Group by 142.4% during the fourth 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. Allspring Global Investments Holdings LLC raised its stake in UBS Group by 13.0% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 42,753 shares of the bank's stock worth $1,307,000 after acquiring an additional 4,912 shares during the period. Orca Wealth Management LLC acquired a new stake in UBS Group during the fourth quarter worth about $1,826,000. Finally, Steward Partners Investment Advisory LLC raised its stake in UBS Group by 42.2% during the fourth 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.

Analyst Upgrades and Downgrades

Several research firms have commented on UBS. Wedbush restated a "neutral" rating on shares of UBS Group in a research report on Tuesday. Bank of America cut shares of UBS Group from a "neutral" rating to an "underperform" rating in a research report on Thursday, March 27th. DZ Bank upgraded shares of UBS Group from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 6th. Keefe, Bruyette & Woods upgraded shares of UBS Group from a "moderate sell" rating to a "hold" rating in a research report on Thursday, April 17th. Finally, Morgan Stanley cut shares of UBS Group from an "overweight" rating to an "equal weight" rating in a research report on Thursday, February 20th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, UBS Group presently has an average rating of "Moderate Buy".

UBS Group Price Performance

NYSE UBS traded up $0.30 on Tuesday, reaching $32.04. 1,912,966 shares of the stock traded hands, compared to its average volume of 2,344,012. UBS Group AG has a 12 month low of $25.75 and a 12 month high of $35.84. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 3.76. The firm's fifty day simple moving average is $30.36 and its 200 day simple moving average is $31.86. The company has a market cap of $102.73 billion, a price-to-earnings ratio of 21.08 and a beta of 1.15.

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