Two Sigma Advisers LP Trims Stock Holdings in UBS Group AG (NYSE:UBS)

Two Sigma Advisers LP trimmed its holdings in UBS Group AG (NYSE:UBS - Free Report) by 53.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 92,386 shares of the bank's stock after selling 104,000 shares during the quarter. Two Sigma Advisers LP's holdings in UBS Group were worth $2,801,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of UBS. Kingsview Wealth Management LLC bought a new stake in UBS Group during the 4th quarter valued at $218,000. Jones Financial Companies Lllp boosted its position in 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 acquiring an additional 12,939 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in 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 acquiring an additional 4,912 shares in the last quarter. Orca Wealth Management LLC bought a new stake in UBS Group during the 4th quarter valued at $1,826,000. Finally, Steward Partners Investment Advisory LLC boosted its position in 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 acquiring an additional 887 shares in the last quarter.

Analysts Set New Price Targets

UBS has been the topic of several recent research reports. DZ Bank raised UBS Group from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 6th. Bank of America cut UBS Group from a "neutral" rating to an "underperform" rating in a research report on Thursday, March 27th. Morgan Stanley cut UBS Group from an "overweight" rating to an "equal weight" rating in a research report on Thursday, February 20th. Wedbush reaffirmed a "neutral" rating on shares of UBS Group in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of UBS Group in a research report on Monday, May 12th. One research analyst has rated the stock with a sell rating, four have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy".

UBS Group Stock Up 0.8%

Shares of UBS Group stock traded up $0.26 during trading on Friday, reaching $31.90. The company's stock had a trading volume of 3,932,114 shares, compared to its average volume of 2,358,294. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 3.76. The company has a market cap of $102.28 billion, a price-to-earnings ratio of 20.99 and a beta of 1.15. UBS Group AG has a 1-year low of $25.75 and a 1-year high of $35.84. The company has a 50-day simple moving average of $30.25 and a two-hundred day simple moving average of $31.85.

UBS Group (NYSE:UBS - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The bank reported $0.51 earnings per share for the quarter, topping analysts' consensus estimates of $0.42 by $0.09. The firm had revenue of $11.90 billion during the quarter, compared to analysts' expectations of $10.19 billion. UBS Group had a return on equity of 5.93% and a net margin of 6.93%. As a group, equities analysts forecast that UBS Group AG will post 1.9 earnings per share 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.