62,500 Shares in UBS Group AG (NYSE:UBS) Purchased by Monaco Asset Management SAM

Monaco Asset Management SAM bought a new position in shares of UBS Group AG (NYSE:UBS - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 62,500 shares of the bank's stock, valued at approximately $1,899,000. UBS Group comprises approximately 0.4% of Monaco Asset Management SAM's portfolio, making the stock its 27th biggest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in UBS. Integrated Wealth Concepts LLC boosted its position in shares of UBS Group by 0.5% during the fourth quarter. Integrated Wealth Concepts LLC now owns 65,889 shares of the bank's stock worth $1,998,000 after buying an additional 320 shares during the period. HighPoint Advisor Group LLC increased its stake in shares of UBS Group by 4.8% during the fourth quarter. HighPoint Advisor Group LLC now owns 7,633 shares of the bank's stock worth $253,000 after purchasing an additional 349 shares during the period. First National Bank of Hutchinson grew its position in UBS Group by 3.1% during the first quarter. First National Bank of Hutchinson now owns 12,384 shares of the bank's stock worth $379,000 after buying an additional 367 shares in the last quarter. Keel Point LLC grew its position in UBS Group by 4.4% during the fourth quarter. Keel Point LLC now owns 9,227 shares of the bank's stock worth $280,000 after buying an additional 389 shares in the last quarter. Finally, Berbice Capital Management LLC boosted its holdings in shares of UBS Group by 44.4% in the 1st quarter. Berbice Capital Management LLC now owns 1,300 shares of the bank's stock valued at $40,000 after purchasing an additional 400 shares in the last quarter.

Analysts Set New Price Targets

UBS has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of UBS Group in a report on Monday, May 12th. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of UBS Group in a research report on Wednesday, May 21st. Citigroup reaffirmed a "neutral" rating on shares of UBS Group in a research report on Wednesday, June 11th. Keefe, Bruyette & Woods raised UBS Group from a "moderate sell" rating to a "hold" rating in a research report on Thursday, April 17th. Finally, Bank of America raised UBS Group from an "underperform" rating to a "neutral" rating in a research report on Tuesday, July 22nd. One analyst has rated the stock with a sell rating, five have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, UBS Group currently has an average rating of "Moderate Buy".

UBS Group Stock Down 1.8%

UBS Group stock traded down $0.66 during midday trading on Friday, reaching $36.67. The stock had a trading volume of 3,697,642 shares, compared to its average volume of 3,225,511. UBS Group AG has a 12 month low of $25.75 and a 12 month high of $38.42. The company has a market capitalization of $117.58 billion, a P/E ratio of 19.40, a PEG ratio of 0.68 and a beta of 1.15. The company has a fifty day moving average price of $34.05 and a two-hundred day moving average price of $32.71. 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 earnings results on Wednesday, July 30th. The bank reported $0.72 EPS for the quarter, beating analysts' consensus estimates of $0.70 by $0.02. UBS Group had a return on equity of 7.23% and a net margin of 9.21%. The business had revenue of $11.55 billion during the quarter, compared to analyst estimates of $9.77 billion. During the same period in the previous year, the company posted $0.34 EPS. As a group, equities analysts expect that UBS Group AG will post 1.9 EPS for the current fiscal year.

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.