UBS Group AG $UBS Position Reduced by Personal CFO Solutions LLC

Personal CFO Solutions LLC reduced its position in shares of UBS Group AG (NYSE:UBS) by 30.2% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 19,197 shares of the bank’s stock after selling 8,307 shares during the quarter. Personal CFO Solutions LLC’s holdings in UBS Group were worth $649,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Pinnacle Associates Ltd. lifted its holdings in shares of UBS Group by 120.4% in the first quarter. Pinnacle Associates Ltd. now owns 21,433 shares of the bank’s stock valued at $656,000 after buying an additional 11,710 shares during the period. Journey Strategic Wealth LLC bought a new stake in UBS Group in the first quarter worth about $279,000. Avantax Advisory Services Inc. lifted its holdings in UBS Group by 3.8% in the 1st quarter. Avantax Advisory Services Inc. now owns 49,181 shares of the bank’s stock valued at $1,506,000 after acquiring an additional 1,778 shares during the last quarter. Cetera Investment Advisers lifted its holdings in UBS Group by 32.3% in the 1st quarter. Cetera Investment Advisers now owns 80,090 shares of the bank’s stock valued at $2,453,000 after acquiring an additional 19,541 shares during the last quarter. Finally, Westover Capital Advisors LLC boosted its position in shares of UBS Group by 7.3% during the 1st quarter. Westover Capital Advisors LLC now owns 7,833 shares of the bank’s stock valued at $240,000 after purchasing an additional 533 shares in the last quarter.

Wall Street Analyst Weigh In

A number of analysts recently commented on UBS shares. Citigroup reiterated a “neutral” rating on shares of UBS Group in a report on Monday, November 3rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of UBS Group in a report on Thursday, August 14th. Zacks Research cut UBS Group from a “strong-buy” rating to a “hold” rating in a report on Friday, November 14th. Morgan Stanley reiterated an “underweight” rating on shares of UBS Group in a research report on Monday, October 6th. Finally, Wall Street Zen raised UBS Group from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

UBS Group Stock Up 0.8%

Shares of NYSE:UBS opened at $37.08 on Friday. The firm has a 50 day simple moving average of $39.51 and a 200 day simple moving average of $36.98. UBS Group AG has a 52 week low of $25.75 and a 52 week high of $42.56. The company has a debt-to-equity ratio of 3.77, a quick ratio of 1.05 and a current ratio of 1.05. The company has a market cap of $118.89 billion, a PE ratio of 16.70, a price-to-earnings-growth ratio of 0.66 and a beta of 1.20.

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

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.