Trivant Custom Portfolio Group LLC Buys 32,094 Shares of UBS Group AG (NYSE:UBS)

Trivant Custom Portfolio Group LLC boosted its position in UBS Group AG (NYSE:UBS - Free Report) by 100.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 64,155 shares of the bank's stock after acquiring an additional 32,094 shares during the period. UBS Group accounts for about 1.1% of Trivant Custom Portfolio Group LLC's holdings, making the stock its 25th biggest position. Trivant Custom Portfolio Group LLC's holdings in UBS Group were worth $1,965,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Norges Bank bought a new position in shares of UBS Group in the fourth quarter valued at approximately $5,594,066,000. Vanguard Group Inc. lifted its holdings in shares of UBS Group by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 127,886,868 shares of the bank's stock valued at $3,915,512,000 after purchasing an additional 1,296,428 shares in the last quarter. FMR LLC lifted its holdings in shares of UBS Group by 29.4% in the fourth quarter. FMR LLC now owns 55,533,620 shares of the bank's stock valued at $1,695,087,000 after purchasing an additional 12,609,616 shares in the last quarter. Pictet Asset Management Holding SA lifted its holdings in shares of UBS Group by 18.9% in the fourth quarter. Pictet Asset Management Holding SA now owns 34,979,795 shares of the bank's stock valued at $1,070,335,000 after purchasing an additional 5,555,624 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in shares of UBS Group by 162.6% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 28,307,335 shares of the bank's stock valued at $858,359,000 after purchasing an additional 17,525,749 shares in the last quarter.

UBS Group Stock Performance

Shares of UBS traded down $0.39 on Friday, reaching $30.39. 4,216,304 shares of the company's stock traded hands, compared to its average volume of 2,424,131. 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 stock has a market cap of $97.43 billion, a PE ratio of 20.12, a PEG ratio of 0.82 and a beta of 1.16. The stock's 50 day simple moving average is $31.17 and its two-hundred day simple moving average is $31.91. 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 released its 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 5.82% and a net margin of 7.13%. The business had revenue of $11.90 billion during the quarter, compared to the consensus estimate of $10.19 billion. On average, analysts forecast that UBS Group AG will post 1.9 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently weighed in on UBS. Royal Bank Of Canada restated an "outperform" rating on shares of UBS Group in a report on Wednesday, May 21st. Keefe, Bruyette & Woods upgraded UBS Group from a "moderate sell" rating to a "hold" rating in a report on Thursday, April 17th. Bank of America lowered UBS Group from a "neutral" rating to an "underperform" rating in a report on Thursday, March 27th. Citigroup reaffirmed a "neutral" rating on shares of UBS Group in a research report on Wednesday, June 11th. Finally, Jefferies Financial Group raised UBS Group from a "hold" rating to a "buy" rating in a research report on Tuesday, June 3rd. Two analysts have rated the stock with a sell rating, four have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, UBS Group currently has an average rating of "Hold".

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.