EJMK Ventures LLC Invests $528,000 in UBS Group AG $UBS

EJMK Ventures LLC bought a new position in UBS Group AG (NYSE:UBS) during the fourth quarter, Holdings Channel reports. The firm bought 11,398 shares of the bank’s stock, valued at approximately $528,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MidFirst Bank purchased a new position in UBS Group during the 4th quarter valued at approximately $30,000. Navalign LLC bought a new stake in shares of UBS Group in the 4th quarter worth about $32,000. Larson Financial Group LLC raised its position in shares of UBS Group by 118.4% during the 3rd quarter. Larson Financial Group LLC now owns 821 shares of the bank’s stock valued at $34,000 after buying an additional 445 shares in the last quarter. JPL Wealth Management LLC purchased a new stake in shares of UBS Group during the 3rd quarter valued at about $37,000. Finally, Prosperity Bancshares Inc bought a new position in shares of UBS Group in the 4th quarter valued at about $40,000.

Analyst Upgrades and Downgrades

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

UBS Group Price Performance

Shares of NYSE UBS opened at $50.80 on Friday. The company has a current ratio of 0.85, a quick ratio of 1.19 and a debt-to-equity ratio of 1.23. The stock has a market capitalization of $158.70 billion, a PE ratio of 18.21, a price-to-earnings-growth ratio of 0.85 and a beta of 1.19. The stock’s fifty day simple moving average is $45.73 and its two-hundred day simple moving average is $43.88. UBS Group AG has a 12-month low of $30.36 and a 12-month high of $51.12.

UBS Group (NYSE:UBS) last issued its quarterly earnings data on Wednesday, April 29th. The bank reported $0.94 earnings per share 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 company had revenue of $13.64 billion for the quarter, compared to the consensus estimate of $13.16 billion. As a group, analysts expect that UBS Group AG will post 3.33 EPS for the current fiscal year.

UBS Group Company 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.