UBS Group AG $UBS Holdings Cut by Blue Trust Inc.

Key Points

• Blue Trust Inc. has reduced its holdings in UBS Group AG by 27.4%, now owning 22,334 shares worth approximately $755,000 after selling 8,417 shares in the second quarter.
• Various large investors are active in UBS, with GAMMA Investing LLC increasing its holdings by 2,963.0% and several other firms also raising their positions during the first quarter.
• Wall Street analysts have a Moderate Buy consensus rating for UBS Group, with two strong buy ratings and one sell rating among the analysts' reports.

Blue Trust Inc. lowered its holdings in UBS Group AG (NYSE:UBS - Free Report) by 27.4% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,334 shares of the bank's stock after selling 8,417 shares during the period. Blue Trust Inc.'s holdings in UBS Group were worth $755,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of UBS. GAMMA Investing LLC lifted its holdings in UBS Group by 2,963.0% in the first quarter. GAMMA Investing LLC now owns 25,607 shares of the bank's stock worth $836,000 after acquiring an additional 24,771 shares during the last quarter. Rhumbline Advisers raised its holdings in shares of UBS Group by 10.3% during the first quarter. Rhumbline Advisers now owns 42,554 shares of the bank's stock valued at $1,303,000 after buying an additional 3,971 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of UBS Group by 19.0% during the first quarter. Farther Finance Advisors LLC now owns 2,653 shares of the bank's stock valued at $81,000 after buying an additional 423 shares during the last quarter. Assenagon Asset Management S.A. raised 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 valued at $6,155,000 after buying an additional 1,609 shares during the last quarter. Finally, Simon Quick Advisors LLC bought a new stake in shares of UBS Group during the first quarter valued at approximately $251,000.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Weiss Ratings reaffirmed a "buy (b)" rating on shares of UBS Group in a report on Wednesday. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of UBS Group in a report on Thursday, August 14th. Bank of America raised UBS Group from an "underperform" rating to a "neutral" rating in a report on Tuesday, July 22nd. Wall Street Zen cut UBS Group from a "hold" rating to a "sell" rating in a report on Sunday, September 28th. Finally, Morgan Stanley reiterated an "underweight" rating on shares of UBS Group in a research note on Monday, October 6th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, UBS Group presently has a consensus rating of "Moderate Buy".

UBS Group Price Performance

NYSE UBS opened at $39.72 on Friday. UBS Group AG has a 12 month low of $25.75 and a 12 month high of $42.56. The company has a debt-to-equity ratio of 3.77, a current ratio of 1.05 and a quick ratio of 1.05. The firm has a market capitalization of $127.37 billion, a PE ratio of 21.02, a P/E/G ratio of 0.64 and a beta of 1.18. The company's 50 day simple moving average is $40.30 and its 200 day simple moving average is $35.02.

UBS Group (NYSE:UBS - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The bank reported $0.72 EPS for the quarter, beating analysts' consensus estimates of $0.70 by $0.02. The business had revenue of $11.55 billion for the quarter, compared to analyst estimates of $9.77 billion. UBS Group had a net margin of 9.21% and a return on equity of 7.17%. During the same quarter last year, the business earned $0.34 earnings per share. As a group, equities research analysts forecast that UBS Group AG will post 1.9 EPS for the current fiscal year.

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.

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