UBS Group AG (NYSE:UBS) Shares Sold by TD Private Client Wealth LLC

TD Private Client Wealth LLC trimmed its holdings in UBS Group AG (NYSE:UBS - Free Report) by 85.1% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,901 shares of the bank's stock after selling 10,867 shares during the quarter. TD Private Client Wealth LLC's holdings in UBS Group were worth $58,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Norges Bank acquired a new position in UBS Group in the fourth quarter valued at approximately $5,594,066,000. Vanguard Group Inc. boosted its holdings in UBS Group by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 127,886,868 shares of the bank's stock valued at $3,915,512,000 after purchasing an additional 1,296,428 shares in the last quarter. FMR LLC boosted its holdings in UBS Group by 29.4% in the fourth quarter. FMR LLC now owns 55,533,620 shares of the bank's stock valued at $1,695,087,000 after purchasing an additional 12,609,616 shares in the last quarter. Pictet Asset Management Holding SA boosted its holdings in UBS Group by 18.9% in the fourth quarter. Pictet Asset Management Holding SA now owns 34,979,795 shares of the bank's stock valued at $1,070,335,000 after purchasing an additional 5,555,624 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its holdings in UBS Group by 162.6% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 28,307,335 shares of the bank's stock valued at $858,359,000 after purchasing an additional 17,525,749 shares in the last quarter.

UBS Group Price Performance

UBS Group stock opened at $35.72 on Friday. UBS Group AG has a 12 month low of $25.75 and a 12 month high of $36.24. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.04 and a quick ratio of 1.04. The business has a 50 day simple moving average of $32.66 and a 200-day simple moving average of $32.17. The stock has a market capitalization of $114.53 billion, a PE ratio of 23.66, a price-to-earnings-growth ratio of 0.93 and a beta of 1.15.

UBS Group (NYSE:UBS - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The bank reported $0.51 EPS 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. Equities analysts predict that UBS Group AG will post 1.9 earnings per share for the current year.

Analyst Upgrades and Downgrades

UBS has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of UBS Group in a report on Monday, May 12th. Citigroup reiterated a "neutral" rating on shares of UBS Group in a research note on Wednesday, June 11th. Bank of America cut UBS Group from a "neutral" rating to an "underperform" rating in a research note on Thursday, March 27th. Morgan Stanley cut UBS Group from an "equal weight" rating to an "underweight" rating in a research note on Wednesday, June 18th. Finally, Wedbush reiterated a "neutral" rating on shares of UBS Group in a research note on Tuesday, May 27th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average 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.

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