UBS Group AG $UBS Shares Sold by Dorsey & Whitney Trust CO LLC

Dorsey & Whitney Trust CO LLC reduced its position in shares of UBS Group AG (NYSE:UBS) by 10.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,781 shares of the bank’s stock after selling 2,121 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in UBS Group were worth $635,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Metis Global Partners LLC grew its holdings in UBS Group by 8.0% in the second quarter. Metis Global Partners LLC now owns 106,313 shares of the bank’s stock valued at $3,598,000 after purchasing an additional 7,833 shares during the period. Atlantic Union Bankshares Corp acquired a new stake in UBS Group in the 2nd quarter valued at $87,000. Crocodile Capital Partners GmbH grew its stake in UBS Group by 74.6% in the 2nd quarter. Crocodile Capital Partners GmbH now owns 995,000 shares of the bank’s stock valued at $33,651,000 after acquiring an additional 425,000 shares during the period. TrueMark Investments LLC increased its holdings in UBS Group by 18.3% in the 2nd quarter. TrueMark Investments LLC now owns 75,686 shares of the bank’s stock worth $2,560,000 after acquiring an additional 11,730 shares in the last quarter. Finally, Helios Capital Management PTE. Ltd. lifted its holdings in UBS Group by 21.4% during the second quarter. Helios Capital Management PTE. Ltd. now owns 136,000 shares of the bank’s stock valued at $4,604,000 after purchasing an additional 24,000 shares in the last quarter.

UBS Group Price Performance

UBS stock opened at $38.03 on Wednesday. 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 firm has a market capitalization of $121.94 billion, a PE ratio of 17.13, a price-to-earnings-growth ratio of 0.66 and a beta of 1.20. The business has a 50 day simple moving average of $39.70 and a 200-day simple moving average of $36.93.

UBS Group (NYSE:UBS) last released its quarterly earnings data on Wednesday, October 29th. The bank reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.28. The company had revenue of $12.20 billion for the quarter, compared to analyst estimates of $9.68 billion. UBS Group had a return on equity of 8.37% and a net margin of 11.02%.The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 earnings per share. Equities research analysts anticipate that UBS Group AG will post 1.9 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on UBS. Morgan Stanley reissued an “underweight” rating on shares of UBS Group in a research note on Monday, October 6th. Wall Street Zen raised UBS Group from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of UBS Group in a research note on Wednesday, October 8th. Citigroup reiterated a “neutral” rating on shares of UBS Group in a research report on Monday, November 3rd. Finally, Keefe, Bruyette & Woods lowered UBS Group from a “hold” rating to a “moderate sell” rating in a report on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

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.