Schechter Investment Advisors LLC Sells 8,004 Shares of UBS Group AG (NYSE:UBS)

Schechter Investment Advisors LLC reduced its stake in UBS Group AG (NYSE:UBS - Free Report) by 19.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 33,416 shares of the bank's stock after selling 8,004 shares during the quarter. Schechter Investment Advisors LLC's holdings in UBS Group were worth $1,024,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. City Holding Co. purchased a new stake in UBS Group during the 1st quarter valued at about $25,000. Grove Bank & Trust purchased a new stake in UBS Group during the first quarter worth about $28,000. Headlands Technologies LLC purchased a new stake in shares of UBS Group during the fourth quarter worth $33,000. Berbice Capital Management LLC raised its position in 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. Finally, Rakuten Securities Inc. lifted its stake in 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 acquiring an additional 461 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Jefferies Financial Group upgraded UBS Group from a "hold" rating to a "buy" rating in a research note on Tuesday, June 3rd. Wedbush restated a "neutral" rating on shares of UBS Group in a research report on Tuesday, May 27th. Bank of America downgraded UBS Group from a "neutral" rating to an "underperform" rating in a research note on Thursday, March 27th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of UBS Group in a report on Monday, May 12th. Finally, Royal Bank Of Canada reiterated an "outperform" rating on shares of UBS Group in a research report on Wednesday, May 21st. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold".

UBS Group Trading Down 0.1%

NYSE UBS traded down $0.03 on Monday, hitting $35.66. 1,466,614 shares of the stock were exchanged, compared to its average volume of 3,340,703. UBS Group AG has a 52-week low of $25.75 and a 52-week high of $36.24. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.04 and a quick ratio of 1.04. The company has a market capitalization of $114.34 billion, a price-to-earnings ratio of 23.62, a P/E/G ratio of 0.93 and a beta of 1.15. The company's 50-day moving average price is $32.66 and its two-hundred day moving average price is $32.18.

UBS Group (NYSE:UBS - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The bank reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.09. UBS Group had a return on equity of 5.82% and a net margin of 7.13%. The business had revenue of $11.90 billion during the quarter, compared to analyst estimates of $10.19 billion. Research analysts predict that UBS Group AG will post 1.9 EPS for the current year.

UBS Group Company 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.