Border to Coast Pensions Partnership Ltd Buys 272,789 Shares of UBS Group AG (NYSE:UBS)

Border to Coast Pensions Partnership Ltd raised its stake in shares of UBS Group AG (NYSE:UBS) by 15.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,090,000 shares of the bank’s stock after purchasing an additional 272,789 shares during the period. UBS Group accounts for approximately 1.3% of Border to Coast Pensions Partnership Ltd’s holdings, making the stock its 22nd biggest position. Border to Coast Pensions Partnership Ltd owned 0.07% of UBS Group worth $63,908,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Versant Capital Management Inc bought a new stake in UBS Group in the fourth quarter worth $40,000. Benjamin F. Edwards & Company Inc. increased its holdings in shares of UBS Group by 566.4% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock worth $49,000 after buying an additional 1,416 shares during the last quarter. Continuum Advisory LLC increased its holdings in shares of UBS Group by 41.6% in the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock worth $49,000 after buying an additional 450 shares during the last quarter. FSC Wealth Advisors LLC purchased a new stake in shares of UBS Group during the 3rd quarter valued at about $71,000. Finally, Rosenberg Matthew Hamilton lifted its holdings in shares of UBS Group by 15.6% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank’s stock valued at $81,000 after acquiring an additional 355 shares during the last quarter.

UBS Group Trading Up 0.8 %

Shares of NYSE UBS opened at $33.19 on Friday. The business’s 50 day moving average price is $31.66 and its 200-day moving average price is $30.95. UBS Group AG has a fifty-two week low of $26.00 and a fifty-two week high of $33.34. The company has a debt-to-equity ratio of 3.87, a quick ratio of 1.05 and a current ratio of 1.05. The company has a market cap of $106.41 billion, a price-to-earnings ratio of 27.65 and a beta of 1.15.

UBS Group (NYSE:UBS) last released its earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.15. The business had revenue of $19.31 billion for the quarter, compared to analyst estimates of $11.20 billion. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. During the same quarter last year, the firm posted ($0.24) earnings per share. On average, sell-side analysts expect that UBS Group AG will post 1.53 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on UBS. Bank of America started coverage on UBS Group in a research report on Thursday, September 19th. They set a “neutral” rating on the stock. Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. BNP Paribas raised shares of UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Finally, StockNews.com raised shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

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.