60,208 Shares in UBS Group AG (NYSE:UBS) Acquired by Orca Wealth Management LLC

Orca Wealth Management LLC purchased a new stake in shares of UBS Group AG (NYSE:UBS) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 60,208 shares of the bank’s stock, valued at approximately $1,826,000. UBS Group comprises approximately 1.6% of Orca Wealth Management LLC’s investment portfolio, making the stock its 21st largest holding.

Several other hedge funds also recently modified their holdings of the business. M.E. Allison & CO. Inc. acquired a new stake in UBS Group in the fourth quarter worth about $354,000. Charles Schwab Investment Management Inc. boosted its stake in UBS Group by 17.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 220,042 shares of the bank’s stock valued at $6,801,000 after purchasing an additional 33,089 shares during the period. Ritholtz Wealth Management boosted its stake in UBS Group by 16.6% in the 4th quarter. Ritholtz Wealth Management now owns 206,803 shares of the bank’s stock valued at $6,270,000 after purchasing an additional 29,367 shares during the period. Park Avenue Securities LLC lifted its position in shares of UBS Group by 21.7% during the 4th quarter. Park Avenue Securities LLC now owns 37,205 shares of the bank’s stock valued at $1,128,000 after acquiring an additional 6,638 shares during the period. Finally, Quantbot Technologies LP lifted its position in shares of UBS Group by 117.1% during the 3rd quarter. Quantbot Technologies LP now owns 152,151 shares of the bank’s stock valued at $4,703,000 after acquiring an additional 82,062 shares during the period.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Kepler Capital Markets raised UBS Group from a “hold” rating to a “buy” rating in a report on Friday, January 10th. BNP Paribas upgraded shares of UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. Finally, StockNews.com downgraded shares of UBS Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 22nd. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

UBS Group Price Performance

Shares of NYSE:UBS opened at $35.68 on Wednesday. The company has a 50-day moving average price of $32.06 and a two-hundred day moving average price of $31.19. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 3.87. UBS Group AG has a twelve month low of $26.00 and a twelve month high of $35.80. The firm has a market capitalization of $114.42 billion, a PE ratio of 29.74 and a beta of 1.15.

UBS Group (NYSE:UBS) last issued its earnings results on Wednesday, October 30th. The bank reported $0.43 EPS for the quarter, topping the consensus estimate of $0.28 by $0.15. The company had revenue of $19.31 billion for the quarter, compared to the consensus estimate of $11.20 billion. UBS Group had a net margin of 5.13% and a return on equity of 4.69%. During the same period in the previous year, the firm earned ($0.24) earnings per share. Equities analysts forecast that UBS Group AG will post 1.53 EPS for the current year.

UBS Group 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.