Mirabella Financial Services LLP Takes $3.70 Million Position in UBS Group AG $UBS

Mirabella Financial Services LLP bought a new stake in shares of UBS Group AG (NYSE:UBS) during the 2nd quarter, Holdings Channel reports. The firm bought 109,430 shares of the bank’s stock, valued at approximately $3,701,000.

A number of other large investors have also made changes to their positions in the company. Maseco LLP purchased a new position in shares of UBS Group during the 2nd quarter valued at about $28,000. Twin Peaks Wealth Advisors LLC bought a new position in UBS Group during the second quarter valued at approximately $33,000. Quarry LP bought a new stake in UBS Group in the first quarter worth $37,000. Westside Investment Management Inc. lifted its holdings in shares of UBS Group by 535.2% in the 2nd quarter. Westside Investment Management Inc. now owns 1,137 shares of the bank’s stock valued at $38,000 after acquiring an additional 958 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its position in shares of UBS Group by 62.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,497 shares of the bank’s stock valued at $46,000 after purchasing an additional 573 shares during the last quarter.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on UBS. Weiss Ratings reiterated a “buy (b)” rating on shares of UBS Group in a report on Wednesday, October 8th. Citigroup restated a “neutral” rating on shares of UBS Group in a report on Monday, November 3rd. Keefe, Bruyette & Woods cut UBS Group from a “hold” rating to a “moderate sell” rating in a research note on Friday, November 7th. Wall Street Zen upgraded UBS Group from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. Finally, Zacks Research lowered shares of UBS Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 14th. One research 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 issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

UBS Group Trading Down 0.1%

UBS opened at $38.82 on Friday. The company has a market cap of $124.46 billion, a P/E ratio of 17.48, a PEG ratio of 0.63 and a beta of 1.13. The company has a debt-to-equity ratio of 3.69, a quick ratio of 1.03 and a current ratio of 1.03. UBS Group AG has a one year low of $25.75 and a one year high of $42.56. The business’s 50-day simple moving average is $38.89 and its 200-day simple moving average is $37.37.

UBS Group (NYSE:UBS) last announced its earnings results on Wednesday, October 29th. The bank reported $0.76 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.28. The business had revenue of $12.76 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 8.31%. The company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.43 EPS. As a group, equities research analysts expect that UBS Group AG will post 1.9 EPS for the current fiscal year.

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.