UBS Group AG (NYSE:UBS) Stock Holdings Increased by Venturi Wealth Management LLC

Venturi Wealth Management LLC lifted its holdings in UBS Group AG (NYSE:UBS) by 88.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,730 shares of the bank’s stock after purchasing an additional 3,634 shares during the quarter. Venturi Wealth Management LLC’s holdings in UBS Group were worth $239,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Nisa Investment Advisors LLC bought a new position in UBS Group in the 2nd quarter valued at about $41,000. RFP Financial Group LLC boosted its holdings in shares of UBS Group by 58.3% in the first quarter. RFP Financial Group LLC now owns 1,429 shares of the bank’s stock valued at $44,000 after acquiring an additional 526 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its stake in shares of UBS Group by 566.4% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock valued at $49,000 after acquiring an additional 1,416 shares during the period. Ashton Thomas Private Wealth LLC bought a new stake in UBS Group during the second quarter worth approximately $50,000. Finally, Opal Wealth Advisors LLC lifted its position in UBS Group by 56.0% in the second quarter. Opal Wealth Advisors LLC now owns 2,125 shares of the bank’s stock worth $63,000 after purchasing an additional 763 shares during the period.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Bank of America began coverage on UBS Group in a research report on Thursday, September 19th. They set a “neutral” rating on the stock. StockNews.com upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, UBS Group presently has an average rating of “Moderate Buy”.

UBS Group Price Performance

NYSE UBS opened at $31.61 on Thursday. The stock has a market capitalization of $101.36 billion, a P/E ratio of 26.34 and a beta of 1.15. The company has a debt-to-equity ratio of 3.87, a quick ratio of 1.05 and a current ratio of 1.05. The business’s fifty day moving average is $31.09 and its two-hundred day moving average is $30.46. UBS Group AG has a 1 year low of $24.38 and a 1 year high of $33.34.

UBS Group (NYSE:UBS) last announced its earnings results on Wednesday, October 30th. The bank reported $0.43 EPS for the quarter, beating the consensus estimate of $0.28 by $0.15. The business had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $11.20 billion. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. During the same period in the prior year, the business posted ($0.24) earnings per share. On average, research analysts forecast that UBS Group AG will post 1.73 earnings per share for the current fiscal 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.