Greenleaf Trust Buys 451 Shares of UBS Group AG (NYSE:UBS)

Greenleaf Trust grew its stake in UBS Group AG (NYSE:UBS) by 0.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 48,471 shares of the bank’s stock after acquiring an additional 451 shares during the period. Greenleaf Trust’s holdings in UBS Group were worth $1,498,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of UBS. Kathmere Capital Management LLC grew its position in shares of UBS Group by 4.0% during the 1st quarter. Kathmere Capital Management LLC now owns 34,652 shares of the bank’s stock worth $1,065,000 after buying an additional 1,346 shares during the period. Claro Advisors LLC grew its position in shares of UBS Group by 18.5% during the 1st quarter. Claro Advisors LLC now owns 11,682 shares of the bank’s stock worth $359,000 after buying an additional 1,823 shares during the period. Hexagon Capital Partners LLC grew its position in shares of UBS Group by 11.2% during the 1st quarter. Hexagon Capital Partners LLC now owns 4,166 shares of the bank’s stock worth $128,000 after buying an additional 420 shares during the period. Norden Group LLC acquired a new stake in shares of UBS Group during the 1st quarter worth approximately $806,000. Finally, First Trust Direct Indexing L.P. grew its position in shares of UBS Group by 6.9% during the 1st quarter. First Trust Direct Indexing L.P. now owns 69,917 shares of the bank’s stock worth $2,148,000 after buying an additional 4,488 shares during the period.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on UBS shares. StockNews.com cut shares of UBS Group from a “buy” rating to a “hold” rating in a research report on Friday, August 23rd. Bank of America initiated coverage on shares of UBS Group in a report on Thursday, September 19th. They set a “neutral” rating for the company. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold”.

UBS Group Stock Down 1.7 %

Shares of NYSE UBS opened at $31.95 on Thursday. The stock has a market cap of $102.45 billion, a P/E ratio of 3.48 and a beta of 1.15. The firm has a 50 day moving average price of $30.71 and a 200 day moving average price of $30.10. The company has a debt-to-equity ratio of 4.07, a quick ratio of 1.06 and a current ratio of 1.06. UBS Group AG has a 52-week low of $23.23 and a 52-week high of $32.88.

UBS Group (NYSE:UBS) last issued its quarterly earnings data on Wednesday, August 14th. The bank reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.22. The firm had revenue of $11.90 billion during the quarter, compared to analysts’ expectations of $11.26 billion. UBS Group had a net margin of 2.31% and a return on equity of 2.14%. During the same quarter in the previous year, the company earned $1.88 earnings per share. Analysts expect that UBS Group AG will post 1.69 EPS for the current year.

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.