UBS Group AG (NYSE:UBS) Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC boosted its holdings in shares of UBS Group AG (NYSE:UBS) by 5.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,207,913 shares of the bank’s stock after buying an additional 258,058 shares during the period. Natixis Advisors LLC’s holdings in UBS Group were worth $160,977,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Plato Investment Management Ltd acquired a new position in shares of UBS Group during the third quarter valued at about $3,188,000. Oppenheimer Asset Management Inc. grew its position in UBS Group by 5.8% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 19,054 shares of the bank’s stock worth $589,000 after purchasing an additional 1,045 shares during the last quarter. MQS Management LLC acquired a new position in UBS Group during the 3rd quarter valued at approximately $267,000. Venturi Wealth Management LLC raised its holdings in shares of UBS Group by 88.7% in the third quarter. Venturi Wealth Management LLC now owns 7,730 shares of the bank’s stock worth $239,000 after buying an additional 3,634 shares during the last quarter. Finally, Crossmark Global Holdings Inc. lifted its stake in shares of UBS Group by 37.4% during the third quarter. Crossmark Global Holdings Inc. now owns 255,672 shares of the bank’s stock worth $7,903,000 after buying an additional 69,592 shares during the period.

UBS Group Stock Down 0.2 %

UBS stock opened at $31.63 on Friday. The company has a market capitalization of $101.42 billion, a P/E ratio of 26.36 and a beta of 1.15. UBS Group AG has a 12 month low of $25.26 and a 12 month high of $33.34. The firm’s fifty day simple moving average is $31.25 and its 200-day simple moving average is $30.50. The company has a debt-to-equity ratio of 3.87, a current ratio of 1.05 and a quick ratio of 1.05.

UBS Group (NYSE:UBS) last announced its quarterly earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share 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 return on equity of 4.69% and a net margin of 5.13%. During the same period last year, the firm earned ($0.24) EPS. As a group, equities research analysts forecast that UBS Group AG will post 1.73 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms recently issued reports on UBS. Bank of America assumed coverage on UBS Group in a research report on Thursday, September 19th. They issued a “neutral” rating on the stock. StockNews.com raised UBS Group from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

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.