Kathmere Capital Management LLC Grows Stake in UBS Group AG (NYSE:UBS)

Kathmere Capital Management LLC grew its position in UBS Group AG (NYSE:UBS) by 3.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 34,747 shares of the bank’s stock after buying an additional 1,309 shares during the quarter. Kathmere Capital Management LLC’s holdings in UBS Group were worth $1,054,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Rhumbline Advisers lifted its stake in UBS Group by 3.7% in the second quarter. Rhumbline Advisers now owns 49,403 shares of the bank’s stock worth $1,459,000 after acquiring an additional 1,760 shares during the period. American Century Companies Inc. raised its holdings in shares of UBS Group by 3.0% in the 2nd quarter. American Century Companies Inc. now owns 914,241 shares of the bank’s stock valued at $27,007,000 after purchasing an additional 26,660 shares in the last quarter. Parallel Advisors LLC lifted its position in shares of UBS Group by 2.6% in the 2nd quarter. Parallel Advisors LLC now owns 16,552 shares of the bank’s stock worth $489,000 after purchasing an additional 420 shares during the period. Thoroughbred Financial Services LLC bought a new position in shares of UBS Group during the second quarter valued at approximately $473,000. Finally, Oppenheimer Asset Management Inc. increased its holdings in UBS Group by 8.3% during the second quarter. Oppenheimer Asset Management Inc. now owns 18,009 shares of the bank’s stock valued at $532,000 after buying an additional 1,386 shares during the period.

UBS Group Stock Up 0.8 %

NYSE:UBS opened at $32.22 on Wednesday. The company has a current ratio of 1.05, a quick 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 $33.34. The company has a market cap of $103.31 billion, a PE ratio of 26.85 and a beta of 1.15. The company’s 50 day moving average is $31.66 and its two-hundred day moving average is $30.94.

UBS Group (NYSE:UBS) last posted its earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.15. The company had revenue of $19.31 billion during 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 posted ($0.24) earnings per share. Analysts anticipate that UBS Group AG will post 1.73 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on UBS. BNP Paribas raised UBS Group from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. Bank of America started coverage on UBS Group in a research report on Thursday, September 19th. They set a “neutral” rating on the stock. Kepler Capital Markets raised shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. Finally, StockNews.com raised shares of UBS Group from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average 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.