UBS Group AG $UBS Shares Acquired by ASR Vermogensbeheer N.V.

ASR Vermogensbeheer N.V. lifted its position in shares of UBS Group AG (NYSE:UBS) by 0.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 794,098 shares of the bank’s stock after purchasing an additional 3,322 shares during the period. ASR Vermogensbeheer N.V.’s holdings in UBS Group were worth $26,787,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC boosted its stake in UBS Group by 18.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 124,395 shares of the bank’s stock valued at $3,810,000 after acquiring an additional 19,229 shares during the last quarter. GAMMA Investing LLC boosted its stake in UBS Group by 2,963.0% during the 1st quarter. GAMMA Investing LLC now owns 25,607 shares of the bank’s stock valued at $836,000 after acquiring an additional 24,771 shares during the last quarter. Bessemer Group Inc. grew its stake in UBS Group by 8.5% in the first quarter. Bessemer Group Inc. now owns 63,761 shares of the bank’s stock worth $1,954,000 after purchasing an additional 4,984 shares in the last quarter. Crocodile Capital Partners GmbH increased its holdings in UBS Group by 74.6% in the second quarter. Crocodile Capital Partners GmbH now owns 995,000 shares of the bank’s stock valued at $33,651,000 after buying an additional 425,000 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in UBS Group by 19.0% in the first quarter. Farther Finance Advisors LLC now owns 2,653 shares of the bank’s stock valued at $81,000 after buying an additional 423 shares during the last quarter.

UBS Group Stock Down 1.4%

UBS Group stock opened at $40.42 on Thursday. The company has a 50-day simple moving average of $39.91 and a 200-day simple moving average of $34.65. The firm has a market capitalization of $129.60 billion, a P/E ratio of 21.39, a P/E/G ratio of 0.70 and a beta of 1.18. The company has a debt-to-equity ratio of 3.77, a quick ratio of 1.05 and a current ratio of 1.05. UBS Group AG has a one year low of $25.75 and a one year high of $42.56.

UBS Group (NYSE:UBS) last released its quarterly earnings results on Wednesday, July 30th. The bank reported $0.72 EPS for the quarter, topping the consensus estimate of $0.70 by $0.02. The business had revenue of $11.55 billion during the quarter, compared to analyst estimates of $9.77 billion. UBS Group had a net margin of 9.21% and a return on equity of 7.17%. During the same quarter in the prior year, the firm earned $0.34 earnings per share. As a group, equities analysts expect that UBS Group AG will post 1.9 earnings per share for the current year.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Bank of America raised UBS Group from an “underperform” rating to a “neutral” rating in a report on Tuesday, July 22nd. Wall Street Zen lowered UBS Group from a “hold” rating to a “sell” rating in a report on Sunday. Morgan Stanley cut shares of UBS Group from an “equal weight” rating to an “underweight” rating in a report on Wednesday, June 18th. Zacks Research raised shares of UBS Group to a “strong-buy” rating in a report on Friday, August 8th. Finally, Citigroup reissued a “neutral” rating on shares of UBS Group in a report on Wednesday, June 11th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

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.