UBS Group AG (NYSE:UBS) Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC grew its position in UBS Group AG (NYSE:UBS - Free Report) by 18.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 124,395 shares of the bank's stock after acquiring an additional 19,229 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in UBS Group were worth $3,810,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in UBS. City Holding Co. acquired a new stake in UBS Group in the first quarter valued at $25,000. Rakuten Securities Inc. purchased a new position in shares of UBS Group in the 4th quarter valued at about $30,000. Headlands Technologies LLC purchased a new position in shares of UBS Group in the 4th quarter valued at about $33,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of UBS Group in the fourth quarter valued at about $41,000. Finally, Continuum Advisory LLC boosted its holdings in UBS Group by 31.1% during the fourth quarter. Continuum Advisory LLC now owns 2,009 shares of the bank's stock worth $61,000 after buying an additional 477 shares in the last quarter.

Wall Street Analyst Weigh In

UBS has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of UBS Group in a research report on Monday, May 12th. Bank of America downgraded UBS Group from a "neutral" rating to an "underperform" rating in a research note on Thursday, March 27th. Citigroup reaffirmed a "neutral" rating on shares of UBS Group in a report on Wednesday, June 11th. Wedbush reissued a "neutral" rating on shares of UBS Group in a report on Tuesday, May 27th. Finally, Morgan Stanley cut UBS Group from an "equal weight" rating to an "underweight" rating in a research report on Wednesday, June 18th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold".

UBS Group Price Performance

Shares of UBS stock traded up $0.37 during trading hours on Friday, hitting $33.44. The company's stock had a trading volume of 2,440,217 shares, compared to its average volume of 2,416,423. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 3.72. The business has a fifty day moving average of $31.51 and a 200-day moving average of $31.88. UBS Group AG has a twelve month low of $25.75 and a twelve month high of $35.84. The stock has a market cap of $107.21 billion, a price-to-earnings ratio of 22.14, a P/E/G ratio of 0.84 and a beta of 1.16.

UBS Group (NYSE:UBS - Get Free Report) last announced its 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 5.82% and a net margin of 7.13%. The firm had revenue of $11.90 billion for the quarter, compared to analysts' expectations of $10.19 billion. As a group, equities research analysts anticipate that UBS Group AG will post 1.9 EPS for the current year.

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.