UBS Group AG $UBS Shares Sold by Vanguard Personalized Indexing Management LLC

Key Points

• Vanguard Personalized Indexing Management LLC reduced its stake in UBS Group AG by 5.3%, retaining 181,097 shares valued at approximately $6.13 million.
• Several large investors, including Concurren Investment Advisors LLC and Callan Family Office LLC, increased their stakes in UBS, with Callan Family Office's holdings growing by 150.7%.
• UBS reported a quarterly EPS of $0.72, exceeding expectations and indicating a positive outlook for the current year with an anticipated EPS of 1.9.

Vanguard Personalized Indexing Management LLC cut its holdings in shares of UBS Group AG (NYSE:UBS - Free Report) by 5.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 181,097 shares of the bank's stock after selling 10,180 shares during the period. Vanguard Personalized Indexing Management LLC's holdings in UBS Group were worth $6,131,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Concurrent Investment Advisors LLC grew its stake in shares of UBS Group by 10.8% during the second quarter. Concurrent Investment Advisors LLC now owns 10,134 shares of the bank's stock valued at $343,000 after acquiring an additional 985 shares in the last quarter. Callan Family Office LLC grew its stake in UBS Group by 150.7% in the second quarter. Callan Family Office LLC now owns 57,031 shares of the bank's stock worth $1,929,000 after purchasing an additional 34,278 shares in the last quarter. Venturi Wealth Management LLC grew its stake in UBS Group by 23.0% in the second quarter. Venturi Wealth Management LLC now owns 9,947 shares of the bank's stock worth $336,000 after purchasing an additional 1,859 shares in the last quarter. Orca Wealth Management LLC grew its stake in UBS Group by 1.9% in the second quarter. Orca Wealth Management LLC now owns 61,113 shares of the bank's stock worth $2,067,000 after purchasing an additional 1,134 shares in the last quarter. Finally, AMF Tjanstepension AB grew its stake in UBS Group by 12.6% in the second quarter. AMF Tjanstepension AB now owns 708,033 shares of the bank's stock worth $23,953,000 after purchasing an additional 79,163 shares in the last quarter.

UBS Group Stock Performance

Shares of UBS stock opened at $40.42 on Tuesday. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 3.77. The business has a 50 day moving average of $40.36 and a two-hundred day moving average of $35.10. The company has a market cap of $129.59 billion, a P/E ratio of 21.38, a PEG ratio of 0.64 and a beta of 1.18. UBS Group AG has a 52 week low of $25.75 and a 52 week high of $42.56.

UBS Group (NYSE:UBS - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The bank reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 7.17% and a net margin of 9.21%.During the same period in the previous year, the firm posted $0.34 earnings per share. As a group, analysts anticipate that UBS Group AG will post 1.9 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on UBS. Weiss Ratings reiterated a "buy (b)" rating on shares of UBS Group in a research note on Wednesday, October 8th. Wall Street Zen downgraded UBS Group from a "hold" rating to a "sell" rating in a research note on Sunday, September 28th. Morgan Stanley reiterated an "underweight" rating on shares of UBS Group in a research note on Monday, October 6th. Bank of America upgraded UBS Group from an "underperform" rating to a "neutral" rating in a research note on Tuesday, July 22nd. Finally, Zacks Research upgraded UBS Group to a "strong-buy" rating in a research note on Friday, August 8th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, UBS Group presently 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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