UBS Group AG (NYSE:UBS) Shares Bought by Contravisory Investment Management Inc.

Contravisory Investment Management Inc. grew its position in UBS Group AG (NYSE:UBS - Free Report) by 9.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 347,860 shares of the bank's stock after acquiring an additional 31,355 shares during the period. UBS Group accounts for 2.2% of Contravisory Investment Management Inc.'s portfolio, making the stock its 5th largest holding. Contravisory Investment Management Inc.'s holdings in UBS Group were worth $10,655,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of UBS. Rakuten Securities Inc. bought a new position in UBS Group in the fourth quarter valued at approximately $30,000. Headlands Technologies LLC bought a new position in shares of UBS Group in the 4th quarter worth $33,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of UBS Group during the fourth quarter worth $41,000. Continuum Advisory LLC increased its holdings in UBS Group by 31.1% in the fourth quarter. Continuum Advisory LLC now owns 2,009 shares of the bank's stock valued at $61,000 after purchasing an additional 477 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in UBS Group by 27.6% in the fourth quarter. Farther Finance Advisors LLC now owns 2,230 shares of the bank's stock valued at $68,000 after buying an additional 482 shares during the period.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on UBS shares. Wedbush reaffirmed a "neutral" rating on shares of UBS Group in a research note on Tuesday, May 27th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of UBS Group in a research report on Monday, May 12th. Bank of America cut shares of UBS Group from a "neutral" rating to an "underperform" rating in a research report on Thursday, March 27th. DZ Bank upgraded UBS Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 6th. Finally, Jefferies Financial Group upgraded UBS Group from a "hold" rating to a "buy" rating in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy".

UBS Group Stock Down 0.1%

Shares of NYSE:UBS traded down $0.05 during midday trading on Thursday, reaching $32.80. 2,394,075 shares of the company were exchanged, compared to its average volume of 2,377,872. The firm has a market cap of $105.15 billion, a PE ratio of 21.58 and a beta of 1.16. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 3.76. UBS Group AG has a fifty-two week low of $25.75 and a fifty-two week high of $35.84. The stock has a fifty day simple moving average of $30.28 and a two-hundred day simple moving average of $31.88.

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 the consensus estimate of $0.42 by $0.09. The company 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, sell-side analysts forecast that UBS Group AG will post 1.9 earnings per share for the current year.

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.