UBS Group AG (NYSE:UBS) Shares Acquired by swisspartners Advisors Ltd

swisspartners Advisors Ltd increased its position in UBS Group AG (NYSE:UBS - Free Report) by 373.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 66,277 shares of the bank's stock after acquiring an additional 52,277 shares during the period. UBS Group makes up about 1.9% of swisspartners Advisors Ltd's investment portfolio, making the stock its 15th biggest position. swisspartners Advisors Ltd's holdings in UBS Group were worth $2,030,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of UBS. City Holding Co. purchased a new position in shares of UBS Group during the 1st quarter worth approximately $25,000. Grove Bank & Trust acquired a new stake in UBS Group during the 1st quarter valued at $28,000. Rakuten Securities Inc. purchased a new position in UBS Group during the fourth quarter worth $30,000. Headlands Technologies LLC purchased a new position in UBS Group during the fourth quarter worth $33,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of UBS Group in the fourth quarter worth $41,000.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Wedbush reaffirmed a "neutral" rating on shares of UBS Group in a research note on Tuesday, May 27th. Jefferies Financial Group upgraded shares of UBS Group from a "hold" rating to a "buy" rating in a report on Tuesday, June 3rd. Morgan Stanley cut shares of UBS Group from an "equal weight" rating to an "underweight" rating in a research note on Wednesday, June 18th. Royal Bank Of Canada reissued an "outperform" rating on shares of UBS Group in a research report on Wednesday, May 21st. Finally, DZ Bank raised shares of UBS Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 6th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold".

UBS Group Trading Up 1.1%

UBS traded up $0.37 during midday trading on Friday, hitting $33.44. The company's stock had a trading volume of 2,446,063 shares, compared to its average volume of 2,416,424. UBS Group AG has a 52-week low of $25.75 and a 52-week high of $35.84. The firm has a 50-day moving average price of $31.51 and a two-hundred day moving average price of $31.88. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 3.72. The firm has a market cap of $107.21 billion, a P/E ratio of 22.14, a PEG ratio of 0.84 and a beta of 1.16.

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

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.