11,660 Shares in UBS Group AG (NYSE:UBS) Purchased by M.E. Allison & CO. Inc.

M.E. Allison & CO. Inc. purchased a new position in UBS Group AG (NYSE:UBS) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 11,660 shares of the bank’s stock, valued at approximately $354,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Charles Schwab Investment Management Inc. increased its stake in UBS Group by 17.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 220,042 shares of the bank’s stock valued at $6,801,000 after purchasing an additional 33,089 shares in the last quarter. Toronto Dominion Bank boosted its holdings in shares of UBS Group by 286.3% during the 2nd quarter. Toronto Dominion Bank now owns 272,309 shares of the bank’s stock valued at $8,044,000 after acquiring an additional 201,809 shares during the last quarter. Fisher Asset Management LLC purchased a new stake in shares of UBS Group during the 3rd quarter valued at about $23,884,000. Quantbot Technologies LP boosted its holdings in shares of UBS Group by 117.1% during the 3rd quarter. Quantbot Technologies LP now owns 152,151 shares of the bank’s stock valued at $4,703,000 after acquiring an additional 82,062 shares during the last quarter. Finally, Legal & General Group Plc boosted its holdings in shares of UBS Group by 11,313.2% during the 2nd quarter. Legal & General Group Plc now owns 41,389,783 shares of the bank’s stock valued at $1,218,317,000 after acquiring an additional 41,027,134 shares during the last quarter.

Analyst Ratings Changes

A number of research firms recently issued reports on UBS. StockNews.com raised shares of UBS Group from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Kepler Capital Markets upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. 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 investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

UBS Group Stock Up 2.7 %

NYSE:UBS opened at $34.05 on Monday. UBS Group AG has a 1-year low of $26.00 and a 1-year high of $34.11. The company has a 50-day moving average of $31.69 and a 200 day moving average of $31.00. The firm has a market cap of $109.17 billion, a PE ratio of 28.37 and a beta of 1.15. The company has a debt-to-equity ratio of 3.87, a current ratio of 1.05 and a quick ratio of 1.05.

UBS Group (NYSE:UBS) last announced its earnings results on Wednesday, October 30th. The bank reported $0.43 EPS for the quarter, topping analysts’ consensus estimates 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 net margin of 5.13% and a return on equity of 4.69%. During the same period in the previous year, the company posted ($0.24) earnings per share. As a group, research analysts anticipate that UBS Group AG will post 1.53 EPS for the current fiscal 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.