Pinnacle Wealth Planning Services Inc. Has $424,000 Holdings in UBS Group AG $UBS

Pinnacle Wealth Planning Services Inc. increased its holdings in UBS Group AG (NYSE:UBS) by 14.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,528 shares of the bank’s stock after purchasing an additional 1,560 shares during the quarter. Pinnacle Wealth Planning Services Inc.’s holdings in UBS Group were worth $424,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of UBS. Maseco LLP acquired a new position in UBS Group during the 2nd quarter worth about $28,000. Quarry LP bought a new position in shares of UBS Group during the first quarter worth about $37,000. Westside Investment Management Inc. raised its position in shares of UBS Group by 535.2% during the second quarter. Westside Investment Management Inc. now owns 1,137 shares of the bank’s stock worth $38,000 after acquiring an additional 958 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of UBS Group by 62.0% in the first quarter. Geneos Wealth Management Inc. now owns 1,497 shares of the bank’s stock worth $46,000 after acquiring an additional 573 shares during the period. Finally, Ameritas Advisory Services LLC bought a new stake in UBS Group in the second quarter valued at approximately $65,000.

UBS Group Trading Down 0.6%

UBS opened at $38.03 on Wednesday. The company has a fifty day moving average price of $39.70 and a two-hundred day moving average price of $36.93. UBS Group AG has a 1-year low of $25.75 and a 1-year high of $42.56. The company has a market cap of $121.94 billion, a P/E ratio of 17.13, a price-to-earnings-growth ratio of 0.66 and a beta of 1.20. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.77.

UBS Group (NYSE:UBS) last released its quarterly earnings data on Wednesday, October 29th. The bank reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.28. UBS Group had a net margin of 11.02% and a return on equity of 8.37%. The company had revenue of $12.20 billion for the quarter, compared to analysts’ expectations of $9.68 billion. During the same quarter in the prior year, the firm earned $0.43 EPS. The business’s revenue was up 4.3% on a year-over-year basis. Analysts predict that UBS Group AG will post 1.9 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. BNP Paribas lowered shares of UBS Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 4th. Citigroup reiterated a “neutral” rating on shares of UBS Group in a research report on Monday, November 3rd. Bank of America raised shares of UBS Group from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 22nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of UBS Group in a report on Thursday, August 14th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of UBS Group in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, UBS Group presently has a consensus rating of “Moderate Buy”.

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.