11,705 Shares in UBS Group AG (NYSE:UBS) Purchased by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC bought a new stake in shares of UBS Group AG (NYSE:UBS) in the fourth quarter, Holdings Channel.com reports. The firm bought 11,705 shares of the bank’s stock, valued at approximately $362,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. SG Americas Securities LLC acquired a new stake in UBS Group in the third quarter worth about $128,000. Commonwealth Equity Services LLC raised its holdings in UBS Group by 10.7% during the third quarter. Commonwealth Equity Services LLC now owns 36,605 shares of the bank’s stock worth $902,000 after purchasing an additional 3,543 shares in the last quarter. Raymond James & Associates lifted its position in UBS Group by 4.4% in the third quarter. Raymond James & Associates now owns 963,707 shares of the bank’s stock worth $23,755,000 after purchasing an additional 41,051 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in UBS Group by 7.4% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 29,786 shares of the bank’s stock valued at $734,000 after purchasing an additional 2,055 shares in the last quarter. Finally, Advisor Partners II LLC increased its position in shares of UBS Group by 13.1% during the 3rd quarter. Advisor Partners II LLC now owns 41,995 shares of the bank’s stock valued at $1,035,000 after purchasing an additional 4,876 shares during the period.

UBS Group Price Performance

Shares of UBS opened at $29.54 on Wednesday. The stock’s 50-day moving average price is $29.55 and its 200 day moving average price is $28.47. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.09 and a current ratio of 1.10. UBS Group AG has a 12-month low of $18.76 and a 12-month high of $32.13.

UBS Group (NYSE:UBS) last issued its earnings results on Tuesday, February 6th. The bank reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.18). The firm had revenue of $10.86 billion during the quarter, compared to analyst estimates of $12.06 billion. UBS Group had a net margin of 43.70% and a return on equity of 7.56%. The business’s revenue for the quarter was up 35.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.50 earnings per share. On average, analysts predict that UBS Group AG will post 0.78 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have commented on UBS. Citigroup cut shares of UBS Group from a “buy” rating to a “neutral” rating in a research report on Tuesday, April 23rd. Morgan Stanley upgraded UBS Group from an “equal weight” rating to an “overweight” rating in a research report on Friday, March 8th. Societe Generale upgraded UBS Group from a “hold” rating to a “buy” rating in a report on Wednesday, February 7th. Finally, BNP Paribas cut shares of UBS Group from an “outperform” rating to a “neutral” rating in a report on Monday, April 22nd. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

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.