UBS Group AG (NYSE:UBS) Shares Sold by Ritholtz Wealth Management

Ritholtz Wealth Management decreased its stake in shares of UBS Group AG (NYSE:UBS - Free Report) by 12.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 181,290 shares of the bank's stock after selling 25,513 shares during the quarter. Ritholtz Wealth Management's holdings in UBS Group were worth $5,553,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. City Holding Co. acquired a new stake in UBS Group in the first quarter valued at approximately $25,000. Rakuten Securities Inc. purchased a new stake in shares of UBS Group during the 4th quarter worth $30,000. Headlands Technologies LLC purchased a new stake in shares of UBS Group during the 4th quarter worth $33,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of UBS Group during the fourth quarter worth $41,000. Finally, Continuum Advisory LLC raised its stake in 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 buying an additional 477 shares in the last quarter.

UBS Group Stock Performance

Shares of UBS traded up $0.22 during mid-day trading on Monday, reaching $32.20. 475,524 shares of the company's stock were exchanged, compared to its average volume of 3,470,703. The business's fifty day simple moving average is $30.88 and its 200-day simple moving average is $31.93. The stock has a market capitalization of $103.25 billion, a PE ratio of 21.18 and a beta of 1.16. UBS Group AG has a 52-week low of $25.75 and a 52-week high of $35.84. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.06 and a quick ratio of 1.05.

UBS Group (NYSE:UBS - Get Free Report) last announced its earnings results on Wednesday, April 30th. The bank reported $0.51 EPS for the quarter, beating analysts' consensus estimates of $0.42 by $0.09. UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The business had revenue of $11.90 billion during the quarter, compared to analysts' expectations of $10.19 billion. On average, equities research analysts expect that UBS Group AG will post 1.9 earnings per share for the current year.

Analyst Upgrades and Downgrades

UBS has been the subject of several analyst reports. Royal Bank of Canada reaffirmed an "outperform" rating on shares of UBS Group in a research report on Wednesday, May 21st. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of UBS Group in a report on Monday, May 12th. Bank of America cut shares of UBS Group from a "neutral" rating to an "underperform" rating in a report on Thursday, March 27th. Keefe, Bruyette & Woods upgraded shares of UBS Group from a "moderate sell" rating to a "hold" rating in a research note on Thursday, April 17th. Finally, DZ Bank upgraded shares of UBS Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 6th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock presently 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.