Public Employees Retirement System of Ohio Decreases Stock Holdings in UBS Group AG (NYSE:UBS)

Public Employees Retirement System of Ohio trimmed its position in shares of UBS Group AG (NYSE:UBS - Free Report) by 14.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,916,153 shares of the bank's stock after selling 331,077 shares during the period. Public Employees Retirement System of Ohio owned approximately 0.06% of UBS Group worth $58,482,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. Kingsview Wealth Management LLC bought a new position in shares of UBS Group during the 4th quarter valued at approximately $218,000. Jones Financial Companies Lllp increased its position in shares of UBS Group by 142.4% during the 4th quarter. Jones Financial Companies Lllp now owns 22,023 shares of the bank's stock valued at $668,000 after purchasing an additional 12,939 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of UBS Group by 13.0% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 42,753 shares of the bank's stock valued at $1,307,000 after purchasing an additional 4,912 shares during the last quarter. Orca Wealth Management LLC bought a new position in shares of UBS Group during the 4th quarter valued at approximately $1,826,000. Finally, Steward Partners Investment Advisory LLC increased its position in shares of UBS Group by 42.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,989 shares of the bank's stock valued at $91,000 after purchasing an additional 887 shares during the last quarter.

UBS Group Stock Performance

Shares of UBS Group stock opened at $32.10 on Friday. The stock's fifty day moving average is $30.42 and its two-hundred day moving average is $31.88. The company has a market capitalization of $102.93 billion, a PE ratio of 21.12 and a beta of 1.15. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 3.76. UBS Group AG has a 52 week low of $25.75 and a 52 week high of $35.84.

UBS Group (NYSE:UBS - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The bank reported $0.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $10.19 billion. As a group, analysts expect that UBS Group AG will post 1.9 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on UBS. Bank of America downgraded UBS Group from a "neutral" rating to an "underperform" rating in a research report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of UBS Group in a research report on Monday, May 12th. DZ Bank raised UBS Group from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 6th. Morgan Stanley downgraded UBS Group from an "overweight" rating to an "equal weight" rating in a research report on Thursday, February 20th. Finally, Keefe, Bruyette & Woods raised UBS Group from a "moderate sell" rating to a "hold" rating in a research report on Thursday, April 17th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy".

UBS Group 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.

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