UBS Group AG $UBS Shares Acquired by Callan Family Office LLC

Key Points

• Callan Family Office LLC increased its stake in UBS Group AG by 150.7% in the 2nd quarter, holding 57,031 shares valued at approximately $1.93 million.
• UBS Group reported $0.72 earnings per share for the latest quarter, exceeding analysts' expectations of $0.70, with revenues of $11.55 billion.
• The stock of UBS Group is currently valued at $39.72, down 1.0%, with a market capitalization of $127.37 billion.

Callan Family Office LLC grew its stake in UBS Group AG (NYSE:UBS - Free Report) by 150.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 57,031 shares of the bank's stock after buying an additional 34,278 shares during the period. Callan Family Office LLC's holdings in UBS Group were worth $1,929,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Dorsey & Whitney Trust CO LLC boosted its holdings in shares of UBS Group by 1.7% in the 1st quarter. Dorsey & Whitney Trust CO LLC now owns 20,902 shares of the bank's stock valued at $640,000 after buying an additional 358 shares in the last quarter. First National Bank of Hutchinson boosted its stake in UBS Group by 3.1% during the 1st quarter. First National Bank of Hutchinson now owns 12,384 shares of the bank's stock worth $379,000 after purchasing an additional 367 shares during the period. Allianz SE boosted its stake in UBS Group by 3.2% during the 1st quarter. Allianz SE now owns 12,312 shares of the bank's stock worth $374,000 after purchasing an additional 380 shares during the period. Kestra Advisory Services LLC boosted its stake in UBS Group by 0.3% during the 1st quarter. Kestra Advisory Services LLC now owns 145,380 shares of the bank's stock worth $4,453,000 after purchasing an additional 386 shares during the period. Finally, Impact Capital Partners LLC boosted its stake in UBS Group by 4.1% during the 2nd quarter. Impact Capital Partners LLC now owns 9,994 shares of the bank's stock worth $338,000 after purchasing an additional 394 shares during the period.

UBS Group Stock Down 1.0%

UBS stock opened at $39.72 on Friday. The company has a fifty day moving average of $40.30 and a 200-day moving average of $35.02. The company has a debt-to-equity ratio of 3.77, a quick ratio of 1.05 and a current ratio of 1.05. The stock has a market capitalization of $127.37 billion, a PE ratio of 21.02, a price-to-earnings-growth ratio of 0.64 and a beta of 1.18. UBS Group AG has a one year low of $25.75 and a one year high of $42.56.

UBS Group (NYSE:UBS - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The bank reported $0.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.70 by $0.02. The business had revenue of $11.55 billion during the quarter, compared to the consensus estimate 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 firm posted $0.34 EPS. As a group, analysts expect that UBS Group AG will post 1.9 EPS for the current year.

Analyst Ratings Changes

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

UBS Group 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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