Natixis Advisors LLC Has $133.25 Million Stock Position in UBS Group AG (NYSE:UBS)

Key Points

• Natixis Advisors LLC has reduced its stake in UBS Group AG by 16.9% during the first quarter, owning 4,350,277 shares, worth approximately $133 million.
• Several institutional investors, including Fiera Capital Corp, have increased their stakes in UBS Group, reflecting ongoing interest in the bank.
• UBS Group reported earnings of $0.51 per share, exceeding analysts' expectations, with a revenue of $11.90 billion for the quarter.

Natixis Advisors LLC lowered its holdings in shares of UBS Group AG (NYSE:UBS - Free Report) by 16.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,350,277 shares of the bank's stock after selling 887,552 shares during the period. Natixis Advisors LLC owned 0.14% of UBS Group worth $133,249,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. City Holding Co. acquired a new stake in shares of UBS Group in the first quarter valued at about $25,000. Grove Bank & Trust acquired a new stake in shares of UBS Group in the first quarter worth approximately $28,000. Headlands Technologies LLC acquired a new position in UBS Group during the fourth quarter valued at approximately $33,000. Berbice Capital Management LLC lifted its position in shares of UBS Group by 44.4% during the first quarter. Berbice Capital Management LLC now owns 1,300 shares of the bank's stock worth $40,000 after purchasing an additional 400 shares in the last quarter. Finally, Rakuten Securities Inc. increased its stake in shares of UBS Group by 45.9% in the first quarter. Rakuten Securities Inc. now owns 1,466 shares of the bank's stock worth $45,000 after buying an additional 461 shares during the last quarter.

UBS Group Stock Performance

Shares of UBS stock traded down $0.66 during trading on Friday, reaching $36.67. 3,697,642 shares of the company's stock were exchanged, compared to its average volume of 2,006,424. The company has a quick ratio of 1.04, a current ratio of 1.05 and a debt-to-equity ratio of 3.77. The firm's fifty day moving average price is $34.05 and its 200-day moving average price is $32.71. UBS Group AG has a twelve month low of $25.75 and a twelve month high of $38.42. The stock has a market capitalization of $117.58 billion, a PE ratio of 19.40, a PEG ratio of 0.67 and a beta of 1.18.

UBS Group (NYSE:UBS - Get Free Report) last released its earnings results on Wednesday, July 30th. The bank reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.02. The company had revenue of $11.55 billion for the quarter, compared to analyst estimates of $9.77 billion. UBS Group had a return on equity of 7.17% and a net margin of 9.21%. During the same period in the prior year, the firm posted $0.34 EPS. As a group, sell-side analysts anticipate that UBS Group AG will post 1.9 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently commented on UBS shares. Bank of America upgraded shares of UBS Group from an "underperform" rating to a "neutral" rating in a research report on Tuesday, July 22nd. Morgan Stanley cut UBS Group from an "equal weight" rating to an "underweight" rating in a research note on Wednesday, June 18th. Wedbush reiterated a "neutral" rating on shares of UBS Group in a report on Tuesday, May 27th. Jefferies Financial Group raised UBS Group from a "hold" rating to a "buy" rating in a research report on Tuesday, June 3rd. Finally, DZ Bank upgraded UBS Group from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 6th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, UBS Group 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.