Nomura Holdings Inc. Invests $252,000 in UBS Group AG $UBS

Key Points

• Nomura Holdings Inc. has acquired a new stake in UBS Group AG valued at approximately $252,000, purchasing 8,220 shares during the first quarter.
• UBS Group AG reported earnings of $0.72 per share for the last quarter, surpassing analyst expectations of $0.70, with revenues reaching $11.55 billion.
• Equities analysts have recently upgraded their ratings on UBS shares, with Jefferies Financial Group raising it from "hold" to "buy" and Zacks Research giving it a "strong-buy" rating.

Nomura Holdings Inc. purchased a new position in UBS Group AG (NYSE:UBS - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 8,220 shares of the bank's stock, valued at approximately $252,000.

Several other institutional investors also recently bought and sold shares of the business. City Holding Co. acquired a new position in shares of UBS Group during the 1st quarter worth approximately $25,000. Grove Bank & Trust acquired a new position in UBS Group during the first quarter worth $28,000. Berbice Capital Management LLC lifted its holdings in UBS Group by 44.4% during the first 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. Rakuten Securities Inc. grew its position 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 valued at $45,000 after purchasing an additional 461 shares during the period. Finally, Continuum Advisory LLC grew its position in shares of UBS Group by 31.1% in the fourth quarter. Continuum Advisory LLC now owns 2,009 shares of the bank's stock valued at $61,000 after purchasing an additional 477 shares during the period.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on UBS. Morgan Stanley lowered shares of UBS Group from an "equal weight" rating to an "underweight" rating in a research note on Wednesday, June 18th. Jefferies Financial Group raised shares of UBS Group from a "hold" rating to a "buy" rating in a report on Tuesday, June 3rd. Wedbush restated a "neutral" rating on shares of UBS Group in a research report on Tuesday, May 27th. Royal Bank Of Canada reiterated an "outperform" rating on shares of UBS Group in a report on Wednesday, May 21st. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of UBS Group in a report on Thursday, August 14th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy".

UBS Group Trading Up 0.0%

UBS Group stock traded up $0.01 during mid-day trading on Wednesday, hitting $40.02. The company's stock had a trading volume of 839,234 shares, compared to its average volume of 2,990,239. The stock's fifty day moving average is $38.15 and its two-hundred day moving average is $33.77. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.77. The firm has a market capitalization of $128.31 billion, a PE ratio of 21.18, a price-to-earnings-growth ratio of 0.71 and a beta of 1.21. UBS Group AG has a 1 year low of $25.75 and a 1 year high of $40.90.

UBS Group (NYSE:UBS - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The bank reported $0.72 EPS for the quarter, beating the consensus estimate of $0.70 by $0.02. The business 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 quarter in the prior year, the company posted $0.34 EPS. On average, analysts anticipate that UBS Group AG will post 1.9 EPS for the current 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.