GAMMA Investing LLC Buys 24,771 Shares of UBS Group AG (NYSE:UBS)

GAMMA Investing LLC grew its holdings in UBS Group AG (NYSE:UBS - Free Report) by 2,963.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 25,607 shares of the bank's stock after purchasing an additional 24,771 shares during the period. GAMMA Investing LLC's holdings in UBS Group were worth $836,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Rakuten Securities Inc. bought a new position in shares of UBS Group in the fourth quarter worth about $30,000. Headlands Technologies LLC bought a new position in UBS Group in the 4th quarter valued at approximately $33,000. Kohmann Bosshard Financial Services LLC acquired a new stake in UBS Group in the fourth quarter valued at approximately $41,000. Continuum Advisory LLC grew its stake in shares of UBS Group by 31.1% during the fourth quarter. Continuum Advisory LLC now owns 2,009 shares of the bank's stock worth $61,000 after buying an additional 477 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in shares of UBS Group by 27.6% during the fourth quarter. Farther Finance Advisors LLC now owns 2,230 shares of the bank's stock worth $68,000 after buying an additional 482 shares in the last quarter.

Analyst Upgrades and Downgrades

UBS has been the topic of several recent research reports. Bank of America downgraded UBS Group from a "neutral" rating to an "underperform" rating in a report on Thursday, March 27th. Jefferies Financial Group upgraded UBS Group from a "hold" rating to a "buy" rating in a report on Tuesday, June 3rd. DZ Bank raised UBS Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 6th. Citigroup reiterated a "neutral" rating on shares of UBS Group in a research report on Wednesday, June 11th. Finally, Wedbush restated a "neutral" rating on shares of UBS Group in a research report on Tuesday, May 27th. Two analysts have rated the stock with a sell rating, four have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold".

UBS Group Trading Down 2.6%

NYSE:UBS traded down $0.82 on Wednesday, reaching $30.77. 2,467,023 shares of the stock traded hands, compared to its average volume of 3,454,046. UBS Group AG has a 1-year low of $25.75 and a 1-year high of $35.84. The company's 50 day moving average is $31.06 and its 200-day moving average is $31.92. The firm has a market capitalization of $98.65 billion, a price-to-earnings ratio of 20.37, a price-to-earnings-growth ratio of 0.86 and a beta of 1.16. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 3.72.

UBS Group (NYSE:UBS - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The bank reported $0.51 earnings per share for the quarter, topping analysts' consensus estimates of $0.42 by $0.09. The firm had revenue of $11.90 billion during the quarter, compared to the consensus estimate of $10.19 billion. UBS Group had a return on equity of 5.82% and a net margin of 7.13%. Equities research analysts anticipate 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.