Diversify Wealth Management LLC Grows Position in UBS Group AG (NYSE:UBS)

Diversify Wealth Management LLC boosted its holdings in UBS Group AG (NYSE:UBS) by 19.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 37,054 shares of the bank’s stock after acquiring an additional 5,994 shares during the period. Diversify Wealth Management LLC’s holdings in UBS Group were worth $1,197,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. HB Wealth Management LLC raised its holdings in shares of UBS Group by 98.9% during the fourth quarter. HB Wealth Management LLC now owns 13,230 shares of the bank’s stock valued at $401,000 after purchasing an additional 6,577 shares during the last quarter. Border to Coast Pensions Partnership Ltd raised its stake in UBS Group by 15.0% during the 4th quarter. Border to Coast Pensions Partnership Ltd now owns 2,090,000 shares of the bank’s stock valued at $63,908,000 after buying an additional 272,789 shares during the last quarter. Ritholtz Wealth Management lifted its holdings in shares of UBS Group by 16.6% during the 4th quarter. Ritholtz Wealth Management now owns 206,803 shares of the bank’s stock valued at $6,270,000 after buying an additional 29,367 shares during the period. Park Avenue Securities LLC boosted its stake in shares of UBS Group by 21.7% in the 4th quarter. Park Avenue Securities LLC now owns 37,205 shares of the bank’s stock worth $1,128,000 after buying an additional 6,638 shares during the last quarter. Finally, Kathmere Capital Management LLC grew 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 worth $1,054,000 after acquiring an additional 1,309 shares during the period.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on UBS shares. Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, January 10th. StockNews.com upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Finally, BNP Paribas upgraded shares of UBS Group from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

UBS Group Trading Up 2.7 %

UBS Group stock opened at $34.05 on Tuesday. UBS Group AG has a 1 year low of $26.00 and a 1 year high of $34.11. The firm’s 50 day moving average price is $31.69 and its 200-day moving average price is $31.01. The company has a debt-to-equity ratio of 3.87, a current ratio of 1.05 and a quick ratio of 1.05. The stock has a market cap of $109.17 billion, a P/E ratio of 28.37 and a beta of 1.15.

UBS Group (NYSE:UBS) last announced its quarterly earnings results on Wednesday, October 30th. The bank reported $0.43 EPS for the quarter, topping the consensus estimate of $0.28 by $0.15. The business had revenue of $19.31 billion for the quarter, compared to analysts’ expectations of $11.20 billion. UBS Group had a net margin of 5.13% and a return on equity of 4.69%. During the same quarter in the previous year, the company earned ($0.24) EPS. On average, equities analysts predict that UBS Group AG will post 1.53 earnings per share for the current fiscal year.

UBS Group Company 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.