Mercer Global Advisors Inc. ADV Lowers Holdings in UBS Group AG (NYSE:UBS)

Mercer Global Advisors Inc. ADV lowered its holdings in UBS Group AG (NYSE:UBS - Free Report) by 46.1% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 150,839 shares of the bank's stock after selling 129,236 shares during the period. Mercer Global Advisors Inc. ADV's holdings in UBS Group were worth $4,573,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in UBS. Keel Point LLC increased its position in shares of UBS Group by 4.4% during the fourth quarter. Keel Point LLC now owns 9,227 shares of the bank's stock worth $280,000 after acquiring an additional 389 shares during the period. Northern Trust Corp increased its holdings in UBS Group by 20.6% during the 4th quarter. Northern Trust Corp now owns 4,110,112 shares of the bank's stock worth $124,619,000 after purchasing an additional 701,976 shares during the period. Beacon Pointe Advisors LLC acquired a new stake in UBS Group in the 4th quarter valued at about $212,000. Tudor Investment Corp ET AL purchased a new position in shares of UBS Group in the 4th quarter valued at about $7,838,000. Finally, Nebula Research & Development LLC grew its position in shares of UBS Group by 6.6% during the fourth quarter. Nebula Research & Development LLC now owns 9,098 shares of the bank's stock worth $276,000 after buying an additional 563 shares in the last quarter.

Analyst Ratings Changes

UBS has been the subject of a number of recent research reports. StockNews.com downgraded shares of UBS Group from a "buy" rating to a "hold" rating in a research note on Wednesday, January 22nd. Morgan Stanley downgraded shares of UBS Group from an "overweight" rating to an "equal weight" rating in a research note on Thursday, February 20th. Bank of America cut UBS Group from a "neutral" rating to an "underperform" rating in a research note on Thursday, March 27th. Deutsche Bank Aktiengesellschaft raised UBS Group from a "hold" rating to a "buy" rating in a research report on Monday, February 10th. Finally, Kepler Capital Markets raised UBS Group from a "hold" rating to a "buy" rating in a research report on Friday, January 10th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold".

UBS Group Price Performance

Shares of UBS opened at $30.77 on Tuesday. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.06 and a quick ratio of 1.05. 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 $98.65 billion, a PE ratio of 20.24 and a beta of 1.15. The firm has a fifty day moving average price of $30.68 and a 200 day moving average price of $31.86.

UBS Group (NYSE:UBS - Get Free Report) last posted its earnings results on Wednesday, April 30th. The bank reported $0.51 earnings per share 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 the consensus estimate of $10.19 billion. UBS Group had a return on equity of 5.93% and a net margin of 6.93%. As a group, sell-side analysts anticipate that UBS Group AG will post 1.9 EPS for the current year.

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.

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