UBS Group AG (NYSE:UBS) is Haven Global Partners LLC's 3rd Largest Position

Haven Global Partners LLC decreased its position in shares of UBS Group AG (NYSE:UBS - Free Report) by 4.9% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 584,672 shares of the bank's stock after selling 30,291 shares during the period. UBS Group makes up about 18.6% of Haven Global Partners LLC's investment portfolio, making the stock its 3rd largest position. Haven Global Partners LLC's holdings in UBS Group were worth $17,757,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. City Holding Co. purchased a new stake in shares of UBS Group in the first quarter valued at $25,000. Grove Bank & Trust bought a new position in UBS Group in the 1st quarter valued at $28,000. Rakuten Securities Inc. bought a new position in UBS Group in the 4th quarter valued at $30,000. Headlands Technologies LLC bought a new position in UBS Group in the 4th quarter valued at $33,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in UBS Group in the 4th quarter valued at $41,000.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of UBS Group in a research report on Monday, May 12th. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of UBS Group in a research report on Wednesday, May 21st. Bank of America downgraded UBS Group from a "neutral" rating to an "underperform" rating in a research report on Thursday, March 27th. Morgan Stanley downgraded UBS Group from an "equal weight" rating to an "underweight" rating in a research report on Wednesday, June 18th. Finally, Keefe, Bruyette & Woods raised UBS Group from a "moderate sell" rating to a "hold" rating in a research report on Thursday, April 17th. 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 given a strong buy rating to the company's stock. According to MarketBeat, UBS Group presently has a consensus rating of "Hold".

UBS Group Stock Up 1.1%

Shares of UBS stock traded up $0.37 during mid-day trading on Friday, hitting $33.44. The stock had a trading volume of 2,446,063 shares, compared to its average volume of 2,419,867. UBS Group AG has a 12-month low of $25.75 and a 12-month high of $35.84. The firm has a market capitalization of $107.21 billion, a P/E ratio of 22.14, a price-to-earnings-growth ratio of 0.86 and a beta of 1.16. The firm's 50-day moving average is $31.51 and its two-hundred day moving average is $31.88. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.04 and a quick ratio of 1.04.

UBS Group (NYSE:UBS - Get Free Report) last issued its earnings results 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. 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 analysts' expectations of $10.19 billion. On average, analysts predict that UBS Group AG will post 1.9 earnings per share for the current fiscal 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.