Liberty One Investment Management LLC Cuts Stake in UBS Group AG $UBS

Liberty One Investment Management LLC lowered its stake in shares of UBS Group AG (NYSE:UBS) by 4.2% in the second quarter, Holdings Channel reports. The firm owned 20,480 shares of the bank’s stock after selling 898 shares during the period. Liberty One Investment Management LLC’s holdings in UBS Group were worth $693,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Werba Rubin Papier Wealth Management increased its stake in shares of UBS Group by 4.3% during the second quarter. Werba Rubin Papier Wealth Management now owns 8,400 shares of the bank’s stock worth $284,000 after purchasing an additional 347 shares in the last quarter. Dorsey & Whitney Trust CO LLC increased its stake in shares of UBS Group by 1.7% during the first quarter. Dorsey & Whitney Trust CO LLC now owns 20,902 shares of the bank’s stock worth $640,000 after purchasing an additional 358 shares in the last quarter. First National Bank of Hutchinson increased its stake in shares of UBS Group by 3.1% during the first quarter. First National Bank of Hutchinson now owns 12,384 shares of the bank’s stock worth $379,000 after purchasing an additional 367 shares in the last quarter. Allianz SE increased its stake in shares of 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 purchasing an additional 380 shares in the last quarter. Finally, Kestra Advisory Services LLC increased its stake in shares of UBS Group by 0.3% during the first quarter. Kestra Advisory Services LLC now owns 145,380 shares of the bank’s stock worth $4,453,000 after purchasing an additional 386 shares in the last quarter.

UBS Group Stock Performance

UBS Group stock opened at $38.33 on Tuesday. The firm has a 50 day simple moving average of $40.40 and a 200-day simple moving average of $35.44. UBS Group AG has a 1-year low of $25.75 and a 1-year high of $42.56. The company has a debt-to-equity ratio of 3.77, a current ratio of 1.05 and a quick ratio of 1.05. The stock has a market cap of $122.89 billion, a price-to-earnings ratio of 20.28, a price-to-earnings-growth ratio of 0.62 and a beta of 1.18.

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

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Morgan Stanley reissued an “underweight” rating on shares of UBS Group in a research note on Monday, October 6th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of UBS Group in a research note on Thursday, August 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of UBS Group in a research note on Wednesday, October 8th. Zacks Research raised shares of UBS Group to a “strong-buy” rating in a research note on Friday, August 8th. Finally, Wall Street Zen cut shares of UBS Group from a “hold” rating to a “sell” rating in a research note on Sunday, September 28th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, UBS Group currently has an average 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.