Ballentine Partners LLC Has $1.27 Million Stock Holdings in UBS Group AG $UBS

Ballentine Partners LLC raised its holdings in shares of UBS Group AG (NYSE:UBS) by 2.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 37,407 shares of the bank’s stock after acquiring an additional 963 shares during the quarter. Ballentine Partners LLC’s holdings in UBS Group were worth $1,265,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Dorsey & Whitney Trust CO LLC increased its stake in UBS Group by 1.7% in the 1st quarter. Dorsey & Whitney Trust CO LLC now owns 20,902 shares of the bank’s stock valued at $640,000 after buying an additional 358 shares during the last quarter. First National Bank of Hutchinson increased its position in shares of UBS Group by 3.1% in the first quarter. First National Bank of Hutchinson now owns 12,384 shares of the bank’s stock valued at $379,000 after acquiring an additional 367 shares during the last quarter. Allianz SE raised its holdings in UBS Group by 3.2% during the first quarter. Allianz SE now owns 12,312 shares of the bank’s stock worth $374,000 after acquiring an additional 380 shares in the last quarter. Kestra Advisory Services LLC grew its stake in UBS Group by 0.3% in the first quarter. Kestra Advisory Services LLC now owns 145,380 shares of the bank’s stock valued at $4,453,000 after purchasing an additional 386 shares in the last quarter. Finally, Berbice Capital Management LLC increased its position in shares of UBS Group by 44.4% during the 1st quarter. Berbice Capital Management LLC now owns 1,300 shares of the bank’s stock worth $40,000 after purchasing an additional 400 shares during the last quarter.

UBS Group Price Performance

UBS Group stock opened at $40.49 on Friday. The company has a market capitalization of $129.81 billion, a price-to-earnings ratio of 21.42, a PEG ratio of 0.71 and a beta of 1.21. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.77. UBS Group AG has a 12 month low of $25.75 and a 12 month high of $42.56. The stock’s 50 day moving average is $39.59 and its 200-day moving average is $34.41.

UBS Group (NYSE:UBS) last released its quarterly earnings results on Wednesday, July 30th. The bank reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.02. UBS Group had a return on equity of 7.17% and a net margin of 9.21%.The business had revenue of $11.55 billion during the quarter, compared to analysts’ expectations of $9.77 billion. During the same period last year, the firm posted $0.34 EPS. Equities research analysts expect that UBS Group AG will post 1.9 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently weighed in on UBS. Citigroup restated a “neutral” rating on shares of UBS Group in a report on Wednesday, June 11th. Morgan Stanley downgraded shares of UBS Group from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, June 18th. Wall Street Zen upgraded UBS Group from a “sell” rating to a “hold” rating in a report on Saturday, September 20th. Bank of America upgraded UBS Group from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 22nd. Finally, Zacks Research upgraded UBS Group to a “strong-buy” rating in a research note on Friday, August 8th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

About UBS Group

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.