Ballentine Partners LLC Purchases 3,742 Shares of UBS Group AG (NYSE:UBS)

Ballentine Partners LLC grew its position in UBS Group AG (NYSE:UBS) by 11.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,309 shares of the bank’s stock after purchasing an additional 3,742 shares during the period. Ballentine Partners LLC’s holdings in UBS Group were worth $1,131,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Versant Capital Management Inc bought a new stake in UBS Group during the fourth quarter worth about $40,000. Continuum Advisory LLC raised its holdings in UBS Group by 41.6% during the third quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock worth $49,000 after acquiring an additional 450 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its holdings in UBS Group by 566.4% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock worth $49,000 after acquiring an additional 1,416 shares in the last quarter. FSC Wealth Advisors LLC bought a new stake in UBS Group during the third quarter worth about $71,000. Finally, Rosenberg Matthew Hamilton raised its holdings in UBS Group by 15.6% during the third quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank’s stock worth $81,000 after acquiring an additional 355 shares in the last quarter.

UBS Group Price Performance

Shares of NYSE UBS opened at $35.07 on Wednesday. UBS Group AG has a twelve month low of $26.00 and a twelve month high of $35.11. The business’s 50 day moving average price is $31.72 and its two-hundred day moving average price is $31.03. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 3.87. The company has a market cap of $112.43 billion, a PE ratio of 29.22 and a beta of 1.15.

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

Analyst Ratings Changes

Several analysts recently issued reports on UBS shares. BNP Paribas upgraded UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. StockNews.com raised UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Finally, Kepler Capital Markets raised UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, UBS Group 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.