Equitable Trust Co. Has $2.55 Million Stock Position in UBS Group AG $UBS

Equitable Trust Co. lifted its position in shares of UBS Group AG (NYSE:UBS) by 1.5% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 75,285 shares of the bank’s stock after buying an additional 1,136 shares during the quarter. Equitable Trust Co.’s holdings in UBS Group were worth $2,546,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of UBS Group by 18.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 124,395 shares of the bank’s stock worth $3,810,000 after buying an additional 19,229 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of UBS Group by 2,963.0% during the first quarter. GAMMA Investing LLC now owns 25,607 shares of the bank’s stock worth $836,000 after buying an additional 24,771 shares in the last quarter. Crocodile Capital Partners GmbH lifted its holdings in shares of UBS Group by 74.6% during the second quarter. Crocodile Capital Partners GmbH now owns 995,000 shares of the bank’s stock worth $33,651,000 after buying an additional 425,000 shares in the last quarter. Bessemer Group Inc. increased its position in shares of 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 during the period. Finally, Farther Finance Advisors LLC increased its position in shares of UBS Group by 19.0% in the first quarter. Farther Finance Advisors LLC now owns 2,653 shares of the bank’s stock worth $81,000 after purchasing an additional 423 shares during the period.

UBS Group Stock Down 1.0%

Shares of NYSE UBS opened at $40.00 on Wednesday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.77. The company has a market cap of $128.25 billion, a price-to-earnings ratio of 21.16, a PEG ratio of 0.66 and a beta of 1.18. UBS Group AG has a 12 month low of $25.75 and a 12 month high of $42.56. The stock has a 50-day moving average price of $40.41 and a two-hundred day moving average price of $35.14.

UBS Group (NYSE:UBS) last issued its 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 firm had revenue of $11.55 billion during the quarter, compared to the consensus estimate of $9.77 billion. UBS Group had a return on equity of 7.17% and a net margin of 9.21%.During the same quarter in the previous year, the firm earned $0.34 earnings per share. As a group, analysts forecast that UBS Group AG will post 1.9 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

UBS has been the topic of a number of recent analyst reports. Bank of America upgraded UBS Group from an “underperform” rating to a “neutral” rating in a research report on Tuesday, July 22nd. Morgan Stanley restated an “underweight” rating on shares of UBS Group in a research report on Monday, October 6th. Weiss Ratings restated a “buy (b)” rating on shares of UBS Group in a research report on Wednesday, October 8th. Wall Street Zen cut UBS Group from a “hold” rating to a “sell” rating in a research report on Sunday, September 28th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of UBS Group in a research report on Thursday, August 14th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average 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.