UBS Group AG (NYSE:UBS) Holdings Decreased by Captrust Financial Advisors

Captrust Financial Advisors lessened its holdings in UBS Group AG (NYSE:UBS) by 1.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,160,704 shares of the bank’s stock after selling 23,320 shares during the quarter. Captrust Financial Advisors owned approximately 0.07% of UBS Group worth $66,787,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in UBS. Toronto Dominion Bank boosted its holdings in shares of UBS Group by 286.3% in the 2nd quarter. Toronto Dominion Bank now owns 272,309 shares of the bank’s stock valued at $8,044,000 after buying an additional 201,809 shares during the period. Legal & General Group Plc raised its position in shares of UBS Group by 11,313.2% during the 2nd quarter. Legal & General Group Plc now owns 41,389,783 shares of the bank’s stock worth $1,218,317,000 after buying an additional 41,027,134 shares in the last quarter. Cetera Investment Advisers increased its position in shares of UBS Group by 206.3% during the 1st quarter. Cetera Investment Advisers now owns 65,029 shares of the bank’s stock valued at $1,998,000 after purchasing an additional 43,800 shares during the period. AQR Capital Management LLC raised its stake in shares of UBS Group by 226.8% in the 2nd quarter. AQR Capital Management LLC now owns 27,928 shares of the bank’s stock worth $825,000 after buying an additional 19,382 shares in the last quarter. Finally, Fiera Capital Corp lifted its holdings in shares of UBS Group by 81.4% in the third quarter. Fiera Capital Corp now owns 111,500 shares of the bank’s stock valued at $3,446,000 after buying an additional 50,041 shares during the period.

Analysts Set New Price Targets

A number of research firms recently issued reports on UBS. Bank of America initiated coverage on UBS Group in a report on Thursday, September 19th. They set a “neutral” rating on the stock. StockNews.com upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, UBS Group currently has an average rating of “Moderate Buy”.

UBS Group Stock Up 0.5 %

Shares of UBS Group stock opened at $31.34 on Friday. The stock’s fifty day moving average is $31.64 and its 200-day moving average is $30.73. UBS Group AG has a 12-month low of $26.00 and a 12-month high of $33.34. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 3.87. The firm has a market capitalization of $100.49 billion, a PE ratio of 26.12 and a beta of 1.15.

UBS Group (NYSE:UBS) last posted its quarterly earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.15. UBS Group had a net margin of 5.13% and a return on equity of 4.69%. The business had revenue of $19.31 billion during the quarter, compared to analyst estimates of $11.20 billion. During the same period in the prior year, the firm earned ($0.24) earnings per share. Equities analysts anticipate that UBS Group AG will post 1.73 earnings per share for the current 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.