Compagnie Lombard Odier SCmA Purchases 568,308 Shares of UBS Group AG (NYSE:UBS)

Compagnie Lombard Odier SCmA lifted its position in shares of UBS Group AG (NYSE:UBS - Free Report) by 13.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,689,965 shares of the bank's stock after buying an additional 568,308 shares during the quarter. UBS Group makes up 1.7% of Compagnie Lombard Odier SCmA's investment portfolio, making the stock its 14th largest position. Compagnie Lombard Odier SCmA owned about 0.15% of UBS Group worth $142,440,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Simon Quick Advisors LLC purchased a new stake in shares of UBS Group during the first quarter worth about $251,000. Assenagon Asset Management S.A. grew its holdings in shares of UBS Group by 0.8% during the first quarter. Assenagon Asset Management S.A. now owns 202,673 shares of the bank's stock worth $6,155,000 after buying an additional 1,609 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of UBS Group by 19.0% in the first quarter. Farther Finance Advisors LLC now owns 2,653 shares of the bank's stock worth $81,000 after acquiring an additional 423 shares during the last quarter. City Holding Co. acquired a new position in UBS Group during the first quarter worth approximately $25,000. Finally, CHICAGO TRUST Co NA raised its stake in UBS Group by 11.2% during the first quarter. CHICAGO TRUST Co NA now owns 8,572 shares of the bank's stock worth $263,000 after purchasing an additional 860 shares during the period.

UBS Group Price Performance

Shares of UBS Group stock traded down $0.72 on Friday, hitting $31.95. The company had a trading volume of 1,494,088 shares, compared to its average volume of 2,420,049. UBS Group AG has a 52 week low of $25.75 and a 52 week high of $35.84. The company has a market cap of $102.43 billion, a PE ratio of 21.02 and a beta of 1.16. The business has a 50-day simple moving average of $30.76 and a 200-day simple moving average of $31.92. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.06 and a quick ratio of 1.05.

UBS Group (NYSE:UBS - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The bank reported $0.51 EPS for the quarter, beating the consensus estimate of $0.42 by $0.09. The business had revenue of $11.90 billion during the quarter, compared to the consensus estimate of $10.19 billion. UBS Group had a net margin of 6.93% and a return on equity of 5.93%. Research analysts expect that UBS Group AG will post 1.9 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of UBS Group in a research note on Monday, May 12th. DZ Bank raised shares of UBS Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 6th. Bank of America cut shares of UBS Group from a "neutral" rating to an "underperform" rating in a research report on Thursday, March 27th. Wedbush reaffirmed a "neutral" rating on shares of UBS Group in a research report on Tuesday, May 27th. Finally, Keefe, Bruyette & Woods raised shares of UBS Group from a "moderate sell" rating to a "hold" rating in a research report on Thursday, April 17th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, UBS Group presently has a consensus rating of "Moderate Buy".

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.