UBS Group AG $UBS Shares Sold by Value Partners Investments Inc.

Key Points

• Value Partners Investments cut its UBS Group stake by 10.5% in the third quarter, selling 25,000 shares and retaining 213,892 shares valued at approximately $10.3 million.
• UBS shares traded at $46.99, with a market capitalization of $146.79 billion and a 52-week range of $36.29 to $55.99.
• UBS reported quarterly earnings of $0.87 per share, below the $0.90 consensus estimate, while revenue rose 13.2% year over year. Analysts’ average rating was “Hold,” with an average price target of $60.30.

Value Partners Investments Inc. lessened its holdings in shares of UBS Group AG (NYSE:UBS - Free Report) by 10.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 213,892 shares of the bank's stock after selling 25,000 shares during the period. UBS Group makes up 0.7% of Value Partners Investments Inc.'s portfolio, making the stock its 28th biggest position. Value Partners Investments Inc.'s holdings in UBS Group were worth $10,302,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of UBS. Coppell Advisory Solutions LLC acquired a new position in shares of UBS Group in the second quarter valued at approximately $25,000. Whipplewood Advisors LLC acquired a new stake in shares of UBS Group during the first quarter worth $25,000. First Bancorp Inc ME acquired a new stake in shares of UBS Group during the second quarter worth $32,000. MidFirst Bank acquired a new stake in shares of UBS Group during the fourth quarter worth $30,000. Finally, Robinswood Financial LLC bought a new stake in UBS Group in the 1st quarter valued at $31,000.

UBS Group Stock Performance

UBS Group stock traded down $0.69 during midday trading on Monday, reaching $46.99. 1,502,731 shares of the company's stock were exchanged, compared to its average volume of 2,267,618. UBS Group AG has a 52 week low of $36.29 and a 52 week high of $55.99. The firm has a market cap of $146.79 billion, a price-to-earnings ratio of 15.98, a P/E/G ratio of 0.72 and a beta of 1.21. The stock's 50-day simple moving average is $51.41 and its 200 day simple moving average is $49.05.

UBS Group (NYSE:UBS - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The bank reported $0.87 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.03). The company had revenue of $13.35 billion during the quarter, compared to the consensus estimate of $13.40 billion. UBS Group had a net margin of 13.10% and a return on equity of 10.50%. UBS Group's revenue for the quarter was up 13.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.72 earnings per share. Research analysts forecast that UBS Group AG will post 3.59 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Wall Street Zen cut UBS Group from a "buy" rating to a "hold" rating in a report on Sunday, July 26th. JPMorgan Chase & Co. reissued a "buy" rating on shares of UBS Group in a research note on Wednesday, September 23rd. Bank of America restated a "buy" rating on shares of UBS Group in a report on Tuesday, September 1st. Zacks Research raised UBS Group from a "hold" rating to a "strong-buy" rating in a research report on Friday, October 2nd. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of UBS Group in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, UBS Group has an average rating of "Hold" and an average target price of $60.30.

UBS Group Profile

UBS Group AG is a Switzerland-based global financial services company serving private, institutional and corporate clients. The company provides wealth management, asset management, investment banking and personal and corporate banking services. Its offerings include investment advice, portfolio management, lending, securities and foreign exchange services, financial planning, and banking products for individuals and businesses.

UBS operates through four principal business areas: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank.

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