Logan Capital Management Inc. Sells 82,839 Shares of UBS Group AG $UBS

Key Points

• Logan Capital Management Inc. reduced its holdings in UBS Group AG by 92.6% in the first quarter, now owning only 6,666 shares after selling 82,839 shares.
• Several institutional investors, including Balyasny Asset Management L.P. and Cetera Investment Advisers, have modified their positions in UBS Group, with some increasing their stakes significantly.
• Analysts have issued mixed ratings on UBS Group, with ratings ranging from "strong-buy" to "underweight," resulting in a consensus rating of "Moderate Buy."

Logan Capital Management Inc. lessened its position in UBS Group AG (NYSE:UBS - Free Report) by 92.6% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,666 shares of the bank's stock after selling 82,839 shares during the period. Logan Capital Management Inc.'s holdings in UBS Group were worth $204,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. City Holding Co. acquired a new position in UBS Group in the 1st quarter worth about $25,000. Grove Bank & Trust bought a new stake in shares of UBS Group in the 1st quarter valued at about $28,000. Quarry LP acquired a new stake in shares of UBS Group in the first quarter valued at about $37,000. Berbice Capital Management LLC raised its position in shares of UBS Group by 44.4% during the first quarter. Berbice Capital Management LLC now owns 1,300 shares of the bank's stock worth $40,000 after acquiring an additional 400 shares during the last quarter. Finally, Rakuten Securities Inc. raised its position in shares of UBS Group by 45.9% during the first quarter. Rakuten Securities Inc. now owns 1,466 shares of the bank's stock worth $45,000 after acquiring an additional 461 shares during the last quarter.

UBS Group Stock Down 0.4%

UBS stock traded down $0.18 during trading on Friday, reaching $40.72. 1,272,410 shares of the stock were exchanged, compared to its average volume of 1,558,164. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.77. The firm's 50 day moving average is $38.50 and its 200 day moving average is $33.92. The firm has a market cap of $130.57 billion, a P/E ratio of 21.54, a price-to-earnings-growth ratio of 0.72 and a beta of 1.21. UBS Group AG has a twelve month low of $25.75 and a twelve month high of $40.92.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Wall Street Zen downgraded UBS Group from a "hold" rating to a "sell" rating in a research report on Sunday, September 7th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of UBS Group in a research report on Thursday, August 14th. Jefferies Financial Group raised UBS Group from a "hold" rating to a "buy" rating in a research note on Tuesday, June 3rd. Wedbush reissued a "neutral" rating on shares of UBS Group in a research note on Tuesday, May 27th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating on shares of UBS Group in a research note on Wednesday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, 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.