UBS Group AG (NYSE:UBS) Shares Acquired by BTC Capital Management Inc.

BTC Capital Management Inc. grew its holdings in UBS Group AG (NYSE:UBS) by 7.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,389 shares of the bank’s stock after acquiring an additional 2,898 shares during the period. BTC Capital Management Inc.’s holdings in UBS Group were worth $1,217,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of UBS. Berbice Capital Management LLC acquired a new stake in shares of UBS Group in the fourth quarter valued at about $27,000. Versant Capital Management Inc acquired a new stake in shares of UBS Group during the fourth quarter worth $40,000. Continuum Advisory LLC increased its stake in shares of UBS Group by 41.6% during the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock valued at $49,000 after acquiring 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 $71,000. Finally, Rosenberg Matthew Hamilton increased its stake in UBS Group by 15.6% during the third quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank’s stock worth $81,000 after acquiring an additional 355 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. StockNews.com lowered UBS Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. BNP Paribas raised UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. Finally, Kepler Capital Markets raised shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

UBS Group Stock Performance

Shares of NYSE UBS opened at $35.60 on Friday. The business’s 50-day simple moving average is $32.29 and its 200-day simple moving average is $31.29. The company has a debt-to-equity ratio of 3.87, a quick ratio of 1.05 and a current ratio of 1.05. UBS Group AG has a 52 week low of $26.00 and a 52 week high of $35.84. The firm has a market cap of $114.15 billion, a price-to-earnings ratio of 29.67 and a beta of 1.15.

UBS Group (NYSE:UBS) last posted its quarterly 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. UBS Group had a net margin of 5.13% and a return on equity of 4.69%. The firm had revenue of $19.31 billion for the quarter, compared to the consensus estimate of $11.20 billion. During the same quarter in the previous year, the company earned ($0.24) earnings per share. As a group, equities research analysts expect that UBS Group AG will post 1.62 earnings per share for the current fiscal year.

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.