Waverly Advisors LLC Invests $534,000 in UBS Group AG (NYSE:UBS)

Waverly Advisors LLC bought a new stake in UBS Group AG (NYSE:UBS - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 17,620 shares of the bank's stock, valued at approximately $534,000.

Other institutional investors also recently bought and sold shares of the company. SG Americas Securities LLC purchased a new position in shares of UBS Group in the fourth quarter worth $198,000. Blue Trust Inc. raised its holdings in shares of UBS Group by 30.5% during the fourth quarter. Blue Trust Inc. now owns 49,791 shares of the bank's stock worth $1,539,000 after purchasing an additional 11,638 shares during the last quarter. Perigon Wealth Management LLC raised its holdings 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 purchasing an additional 754 shares during the last quarter. Orca Wealth Management LLC purchased a new position in shares of UBS Group during the fourth quarter worth $1,826,000. Finally, Mediolanum International Funds Ltd raised its holdings 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 purchasing an additional 127,468 shares during the last quarter.

UBS Group Stock Up 0.4%

Shares of NYSE:UBS traded up $0.12 during trading hours on Friday, reaching $31.76. The stock had a trading volume of 1,451,760 shares, compared to its average volume of 2,344,536. UBS Group AG has a 1 year low of $25.75 and a 1 year high of $35.84. The firm's 50 day moving average is $30.29 and its 200-day moving average is $31.85. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.05 and a current ratio of 1.06. The stock has a market capitalization of $101.83 billion, a price-to-earnings ratio of 20.92 and a beta of 1.15.

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

Analyst Ratings Changes

Several research analysts recently issued reports on UBS shares. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of UBS Group in a report on Monday, May 12th. Wedbush reaffirmed a "neutral" rating on shares of UBS Group in a report on Tuesday. Keefe, Bruyette & Woods raised shares of UBS Group from a "moderate sell" rating to a "hold" rating in a report on Thursday, April 17th. Morgan Stanley cut shares of UBS Group from an "overweight" rating to an "equal weight" rating in a report on Thursday, February 20th. Finally, Royal Bank of Canada reaffirmed 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 given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy".

About UBS Group

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.