Versant Capital Management Inc Raises Holdings in UBS Group AG (NYSE:UBS)

Versant Capital Management Inc boosted its holdings in UBS Group AG (NYSE:UBS - Free Report) by 1,145.9% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,383 shares of the bank's stock after buying an additional 15,068 shares during the quarter. Versant Capital Management Inc's holdings in UBS Group were worth $502,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. SG Americas Securities LLC acquired a new stake in shares of UBS Group during the fourth quarter valued at about $198,000. Perigon Wealth Management LLC raised its position in shares of UBS Group by 6.8% during the fourth quarter. Perigon Wealth Management LLC now owns 11,907 shares of the bank's stock worth $395,000 after acquiring an additional 754 shares during the last quarter. Mediolanum International Funds Ltd raised its position in shares of UBS Group by 845.1% during the fourth quarter. Mediolanum International Funds Ltd now owns 142,551 shares of the bank's stock worth $4,349,000 after acquiring an additional 127,468 shares during the last quarter. BTC Capital Management Inc. raised its position in shares of UBS Group by 7.7% during the fourth quarter. BTC Capital Management Inc. now owns 40,389 shares of the bank's stock worth $1,217,000 after acquiring an additional 2,898 shares during the last quarter. Finally, Caprock Group LLC raised its position in shares of UBS Group by 11.8% during the fourth quarter. Caprock Group LLC now owns 11,937 shares of the bank's stock worth $362,000 after acquiring an additional 1,261 shares during the last quarter.

UBS Group Stock Performance

UBS stock traded up $1.54 during midday trading on Tuesday, hitting $33.47. The company's stock had a trading volume of 4,380,267 shares, compared to its average volume of 3,531,235. The stock's 50-day moving average price is $30.23 and its 200 day moving average price is $31.86. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 3.76. UBS Group AG has a 1 year low of $25.75 and a 1 year high of $35.84. The stock has a market cap of $107.32 billion, a price-to-earnings ratio of 22.02 and a beta of 1.15.

UBS Group (NYSE:UBS - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The bank reported $0.51 EPS for the quarter, beating analysts' consensus estimates of $0.42 by $0.09. UBS Group had a return on equity of 5.93% and a net margin of 6.93%. The firm had revenue of $11.90 billion for the quarter, compared to analysts' expectations of $10.19 billion. On average, equities analysts forecast that UBS Group AG will post 1.9 EPS for the current year.

Analyst Upgrades and Downgrades

UBS has been the subject of a number of analyst reports. Wedbush restated a "neutral" rating on shares of UBS Group in a research report on Tuesday, May 27th. DZ Bank upgraded UBS Group from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 6th. Keefe, Bruyette & Woods upgraded UBS Group from a "moderate sell" rating to a "hold" rating in a research report on Thursday, April 17th. Morgan Stanley downgraded UBS Group from an "overweight" rating to an "equal weight" rating in a research report on Thursday, February 20th. Finally, Royal Bank of Canada reiterated an "outperform" rating on shares of UBS Group in a report on Wednesday, May 21st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, UBS Group presently has a consensus 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.