Clarius Group LLC Has $751,000 Position in UBS Group AG $UBS

Clarius Group LLC lowered its position in UBS Group AG (NYSE:UBS) by 7.5% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 22,227 shares of the bank’s stock after selling 1,801 shares during the quarter. Clarius Group LLC’s holdings in UBS Group were worth $751,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. City Holding Co. bought a new stake in UBS Group in the first quarter valued at approximately $25,000. Maseco LLP bought a new stake in UBS Group in the second quarter valued at approximately $28,000. Grove Bank & Trust bought a new stake in UBS Group in the first quarter valued at approximately $28,000. Quarry LP bought a new stake in UBS Group in the first quarter valued at approximately $37,000. Finally, Berbice Capital Management LLC boosted its holdings in UBS Group by 44.4% in the first quarter. Berbice Capital Management LLC now owns 1,300 shares of the bank’s stock valued at $40,000 after acquiring an additional 400 shares during the last quarter.

UBS Group Price Performance

UBS Group stock opened at $41.14 on Monday. The stock has a market capitalization of $131.91 billion, a price-to-earnings ratio of 21.77, a PEG ratio of 0.67 and a beta of 1.18. UBS Group AG has a 52-week low of $25.75 and a 52-week high of $42.56. The stock’s 50 day moving average price is $40.01 and its two-hundred day moving average price is $34.78. 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 (NYSE:UBS) last posted its quarterly earnings results on Wednesday, July 30th. The bank reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. The firm had revenue of $11.55 billion for the quarter, compared to analysts’ expectations of $9.77 billion. UBS Group had a return on equity of 7.17% and a net margin of 9.21%.During the same period in the prior year, the business earned $0.34 EPS. On average, equities analysts predict that UBS Group AG will post 1.9 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts recently commented on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of UBS Group in a report on Thursday, August 14th. Morgan Stanley cut UBS Group from an “equal weight” rating to an “underweight” rating in a report on Wednesday, June 18th. Zacks Research upgraded UBS Group to a “strong-buy” rating in a report on Friday, August 8th. Weiss Ratings reiterated a “buy (b)” rating on shares of UBS Group in a report on Saturday, September 27th. Finally, Wall Street Zen cut UBS Group from a “hold” rating to a “sell” rating in a report on Sunday, September 28th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently 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.