UBS Group AG (NYSE:UBS) Shares Sold by Dorsey Wright & Associates

Dorsey Wright & Associates lessened its holdings in UBS Group AG (NYSE:UBS - Free Report) by 11.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 98,068 shares of the bank's stock after selling 12,262 shares during the quarter. Dorsey Wright & Associates' holdings in UBS Group were worth $3,004,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. City Holding Co. acquired a new stake in UBS Group during the first quarter worth approximately $25,000. Grove Bank & Trust acquired a new stake in UBS Group during the 1st quarter worth approximately $28,000. Headlands Technologies LLC acquired a new stake in shares of UBS Group in the 4th quarter worth $33,000. Berbice Capital Management LLC boosted its holdings in UBS Group by 44.4% in the 1st quarter. Berbice Capital Management LLC now owns 1,300 shares of the bank's stock valued at $40,000 after purchasing an additional 400 shares in the last quarter. Finally, Rakuten Securities Inc. boosted its stake in shares of UBS Group by 45.9% in the first quarter. Rakuten Securities Inc. now owns 1,466 shares of the bank's stock valued at $45,000 after buying an additional 461 shares in the last quarter.

Wall Street Analysts Forecast Growth

UBS has been the topic of a number of research reports. Bank of America upgraded UBS Group from an "underperform" rating to a "neutral" rating in a report on Tuesday. Jefferies Financial Group upgraded shares of UBS Group from a "hold" rating to a "buy" rating in a research report on Tuesday, June 3rd. Citigroup restated a "neutral" rating on shares of UBS Group in a research report on Wednesday, June 11th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of UBS Group in a report on Monday, May 12th. Finally, Keefe, Bruyette & Woods raised UBS Group from a "moderate sell" rating to a "hold" rating in a report on Thursday, April 17th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, UBS Group presently has an average rating of "Moderate Buy".

UBS Group Trading Up 0.2%

UBS stock traded up $0.07 during midday trading on Thursday, hitting $38.20. The stock had a trading volume of 2,184,270 shares, compared to its average volume of 2,150,046. UBS Group AG has a 12-month low of $25.75 and a 12-month high of $38.41. The firm has a market cap of $122.47 billion, a PE ratio of 25.29, a price-to-earnings-growth ratio of 0.68 and a beta of 1.15. The company's 50-day moving average price is $33.52 and its 200 day moving average price is $32.52. 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 released 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. The firm had revenue of $11.90 billion for the quarter, compared to the consensus estimate of $10.19 billion. UBS Group had a return on equity of 5.82% and a net margin of 7.13%. On average, equities research 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.