Patient Capital Management LLC Has $61.93 Million Position in UBS Group AG (NYSE:UBS)

Patient Capital Management LLC raised its holdings in UBS Group AG (NYSE:UBS - Free Report) by 1.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,042,420 shares of the bank's stock after acquiring an additional 20,401 shares during the period. UBS Group comprises about 2.9% of Patient Capital Management LLC's investment portfolio, making the stock its 18th largest holding. Patient Capital Management LLC owned about 0.06% of UBS Group worth $61,926,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of UBS Group by 1.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 106,019 shares of the bank's stock valued at $3,277,000 after purchasing an additional 1,114 shares in the last quarter. Aprio Wealth Management LLC lifted its holdings in shares of UBS Group by 18.6% in the fourth quarter. Aprio Wealth Management LLC now owns 11,383 shares of the bank's stock valued at $345,000 after purchasing an additional 1,785 shares in the last quarter. Kathmere Capital Management LLC lifted its holdings in shares of UBS Group by 3.9% in the fourth quarter. Kathmere Capital Management LLC now owns 34,747 shares of the bank's stock valued at $1,054,000 after purchasing an additional 1,309 shares in the last quarter. Park Avenue Securities LLC lifted its holdings in shares of UBS Group by 21.7% in the fourth quarter. Park Avenue Securities LLC now owns 37,205 shares of the bank's stock valued at $1,128,000 after purchasing an additional 6,638 shares in the last quarter. Finally, Ritholtz Wealth Management lifted its holdings in shares of UBS Group by 16.6% in the fourth quarter. Ritholtz Wealth Management now owns 206,803 shares of the bank's stock valued at $6,270,000 after purchasing an additional 29,367 shares in the last quarter.

UBS Group Stock Down 0.8%

Shares of NYSE:UBS traded down $0.27 during midday trading on Friday, hitting $33.02. The stock had a trading volume of 2,659,954 shares, compared to its average volume of 2,295,972. UBS Group AG has a 12 month low of $25.75 and a 12 month high of $35.84. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 3.76. The business's 50-day simple moving average is $30.42 and its 200-day simple moving average is $31.84. The company has a market cap of $105.86 billion, a P/E ratio of 21.72 and a beta of 1.15.

UBS Group (NYSE:UBS - Get Free Report) last released 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. UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The business had revenue of $11.90 billion during the quarter, compared to analysts' expectations of $10.19 billion. On average, sell-side analysts forecast that UBS Group AG will post 1.9 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

UBS has been the topic of a number of research reports. Morgan Stanley lowered UBS Group from an "overweight" rating to an "equal weight" rating in a report on Thursday, February 20th. StockNews.com lowered UBS Group from a "buy" rating to a "hold" rating in a report on Wednesday, January 22nd. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of UBS Group in a research note on Monday. Keefe, Bruyette & Woods upgraded UBS Group from a "moderate sell" rating to a "hold" rating in a research note on Thursday, April 17th. Finally, DZ Bank raised shares of UBS Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 6th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company 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.