Captrust Financial Advisors Trims Stock Holdings in UBS Group AG $UBS

Captrust Financial Advisors decreased its position in UBS Group AG (NYSE:UBS) by 1.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,097,527 shares of the bank’s stock after selling 32,653 shares during the period. Captrust Financial Advisors owned approximately 0.07% of UBS Group worth $97,144,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Navalign LLC purchased a new position in UBS Group in the 4th quarter worth $32,000. Larson Financial Group LLC raised its stake in UBS Group by 118.4% in the 3rd quarter. Larson Financial Group LLC now owns 821 shares of the bank’s stock worth $34,000 after acquiring an additional 445 shares during the last quarter. Empowered Funds LLC purchased a new position in UBS Group in the 4th quarter worth $41,000. JPL Wealth Management LLC purchased a new position in UBS Group in the 3rd quarter worth $37,000. Finally, Cornerstone Planning Group LLC raised its stake in UBS Group by 1,013.8% in the 4th quarter. Cornerstone Planning Group LLC now owns 969 shares of the bank’s stock worth $46,000 after acquiring an additional 882 shares during the last quarter.

UBS Group Price Performance

NYSE:UBS opened at $50.46 on Wednesday. UBS Group AG has a 52 week low of $30.36 and a 52 week high of $50.91. The company has a quick ratio of 1.19, a current ratio of 0.85 and a debt-to-equity ratio of 1.23. The stock has a market capitalization of $157.62 billion, a PE ratio of 18.08, a price-to-earnings-growth ratio of 0.83 and a beta of 1.19. The stock’s 50-day moving average price is $45.11 and its 200-day moving average price is $43.67.

UBS Group (NYSE:UBS) last posted its earnings results on Wednesday, April 29th. The bank reported $0.94 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.09. UBS Group had a return on equity of 10.05% and a net margin of 12.66%.The firm had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $13.16 billion. As a group, equities analysts expect that UBS Group AG will post 3.33 EPS for the current fiscal year.

Wall Street Analyst Weigh In

UBS has been the subject of a number of research analyst reports. Weiss Ratings lowered UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Royal Bank Of Canada restated an “outperform” rating on shares of UBS Group in a research note on Thursday, May 7th. Citigroup reaffirmed a “neutral” rating on shares of UBS Group in a research report on Thursday, April 23rd. Morgan Stanley reaffirmed an “underweight” rating on shares of UBS Group in a research report on Thursday, April 23rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of UBS Group in a research report on Wednesday, May 13th. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, UBS Group presently has an average rating of “Hold” and a consensus price target of $60.30.

UBS Group Profile

UBS Group AG is a Swiss multinational financial services firm that provides a broad range of banking and capital markets services to private, institutional and corporate clients. Headquartered in Zurich, UBS operates as a universal bank with a primary focus on wealth management, asset management, investment banking and retail and commercial banking in Switzerland. The firm serves high-net-worth and ultra-high-net-worth individuals, pension funds, corporations and institutional investors through a global network of offices.

Key business activities include global wealth management—offering financial planning, investment advisory, discretionary portfolio management and custody services—alongside asset management products for institutional and retail investors.