Aviva PLC Has $18.07 Million Stock Holdings in UBS Group AG (NYSE:UBS)

Aviva PLC boosted its position in shares of UBS Group AG (NYSE:UBS – Get Rating) by 8.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 5,737,956 shares of the bank’s stock after purchasing an additional 456,940 shares during the quarter. Aviva PLC’s holdings in UBS Group were worth $18,067,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Oppenheimer Asset Management Inc. lifted its holdings in UBS Group by 1.7% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 33,123 shares of the bank’s stock worth $481,000 after buying an additional 539 shares in the last quarter. Lingohr & Partner Asset Management GmbH lifted its stake in shares of UBS Group by 1.9% in the 3rd quarter. Lingohr & Partner Asset Management GmbH now owns 33,228 shares of the bank’s stock valued at $527,000 after purchasing an additional 606 shares during the period. Cresset Asset Management LLC lifted its stake in shares of UBS Group by 5.5% in the 1st quarter. Cresset Asset Management LLC now owns 13,899 shares of the bank’s stock valued at $272,000 after purchasing an additional 721 shares during the period. Achmea Investment Management B.V. lifted its stake in shares of UBS Group by 0.3% in the 4th quarter. Achmea Investment Management B.V. now owns 290,736 shares of the bank’s stock valued at $5,066,000 after purchasing an additional 738 shares during the period. Finally, Sage Rhino Capital LLC lifted its stake in shares of UBS Group by 4.8% in the 4th quarter. Sage Rhino Capital LLC now owns 16,391 shares of the bank’s stock valued at $306,000 after purchasing an additional 756 shares during the period. Institutional investors and hedge funds own 32.88% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on UBS shares. StockNews.com started coverage on UBS Group in a research note on Thursday, May 18th. They issued a “hold” rating on the stock. Jefferies Financial Group downgraded UBS Group from a “buy” rating to a “hold” rating in a research note on Friday, March 24th. Royal Bank of Canada downgraded UBS Group from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, March 29th. Bank of America raised UBS Group from a “neutral” rating to a “buy” rating in a research note on Monday, March 20th. Finally, TheStreet downgraded UBS Group from a “b-” rating to a “c” rating in a research note on Monday, March 13th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $19.38.

UBS Group Price Performance

UBS stock opened at $19.60 on Friday. The stock has a 50-day moving average price of $20.09 and a two-hundred day moving average price of $19.93. The stock has a market cap of $68.21 billion, a PE ratio of 10.05, a price-to-earnings-growth ratio of 1.19 and a beta of 1.09. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 3.39. UBS Group AG has a 1 year low of $13.80 and a 1 year high of $22.30.

UBS Group Company Profile

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UBS Group AG is a holding company, which engages in the provision of financial management solutions. It operates through the following segments: Global Wealth Management, Personal and Corporate Banking, Asset Management, Investment Bank, and Group Functions. The Global Wealth Management segment advises and offers financial services to wealthy private clients except those served by Wealth Management Americas which include banking and lending, wealth planning, and investment management.