US Bancorp DE Sells 8,100 Shares of UBS Group AG (NYSE:UBS)

Key Points

• US Bancorp DE has reduced its stake in UBS Group AG by 7.1%, selling 8,100 shares and ending the quarter with 105,807 shares valued at $3.24 million.
• Analysts have given UBS Group a mixed consensus rating of "Hold," with two sell ratings, four hold ratings, five buy ratings, and one strong buy rating.
• UBS Group's stock recently rose by 1.4%, trading at $38.06, with a market capitalization of $122.02 billion and a recent earnings per share of $0.72.

US Bancorp DE decreased its position in shares of UBS Group AG (NYSE:UBS - Free Report) by 7.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 105,807 shares of the bank's stock after selling 8,100 shares during the quarter. US Bancorp DE's holdings in UBS Group were worth $3,241,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in UBS. City Holding Co. purchased a new position in shares of UBS Group in the first quarter worth $25,000. Grove Bank & Trust purchased a new position in UBS Group in the 1st quarter worth about $28,000. Headlands Technologies LLC purchased a new position in UBS Group in the 4th quarter worth about $33,000. Berbice Capital Management LLC lifted its stake in UBS Group by 44.4% during the 1st quarter. Berbice Capital Management LLC now owns 1,300 shares of the bank's stock valued at $40,000 after acquiring an additional 400 shares during the period. Finally, Rakuten Securities Inc. boosted its holdings in shares of UBS Group by 45.9% during the 1st quarter. Rakuten Securities Inc. now owns 1,466 shares of the bank's stock valued at $45,000 after acquiring an additional 461 shares during the last quarter.

UBS Group Stock Performance

NYSE UBS traded up $0.89 on Thursday, reaching $38.93. 2,573,584 shares of the stock were exchanged, compared to its average volume of 3,190,361. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.77. UBS Group AG has a one year low of $25.75 and a one year high of $39.20. The firm has a market capitalization of $124.84 billion, a PE ratio of 20.60, a PEG ratio of 0.66 and a beta of 1.18. The company's 50-day simple moving average is $34.50 and its two-hundred day simple moving average is $32.83.

UBS Group (NYSE:UBS - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The bank reported $0.72 EPS for the quarter, beating the consensus estimate of $0.70 by $0.02. UBS Group had a net margin of 9.21% and a return on equity of 7.17%. The firm had revenue of $11.55 billion for the quarter, compared to the consensus estimate of $9.77 billion. During the same period last year, the firm earned $0.34 EPS. Analysts expect that UBS Group AG will post 1.9 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on UBS shares. Royal Bank Of Canada restated an "outperform" rating on shares of UBS Group in a report on Wednesday, May 21st. Bank of America upgraded UBS Group from an "underperform" rating to a "neutral" rating in a research note on Tuesday, July 22nd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of UBS Group in a research report on Monday, May 12th. Morgan Stanley downgraded UBS Group from an "equal weight" rating to an "underweight" rating in a report on Wednesday, June 18th. Finally, DZ Bank raised shares of UBS Group from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 6th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, UBS Group currently has a consensus rating of "Hold".

About UBS Group

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.