UBS Group AG (NYSE:UBS) Shares Sold by Forsta AP Fonden

Forsta AP Fonden reduced its stake in shares of UBS Group AG (NYSE:UBS) by 46.8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 235,154 shares of the bank’s stock after selling 207,169 shares during the period. Forsta AP Fonden’s holdings in UBS Group were worth $7,130,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of UBS. Berbice Capital Management LLC acquired a new stake in UBS Group during the fourth quarter worth about $27,000. Versant Capital Management Inc acquired a new stake in shares of UBS Group during the 4th quarter worth approximately $40,000. Continuum Advisory LLC increased its holdings in shares of UBS Group by 41.6% during the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock valued at $49,000 after purchasing an additional 450 shares in the last quarter. FSC Wealth Advisors LLC acquired a new position in shares of UBS Group in the 3rd quarter valued at $71,000. Finally, Rosenberg Matthew Hamilton boosted 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 buying an additional 355 shares in the last quarter.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on UBS. StockNews.com downgraded shares of UBS Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 22nd. Kepler Capital Markets raised UBS Group from a “hold” rating to a “buy” rating in a report on Friday, January 10th. Finally, BNP Paribas raised UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. Three equities 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.com, the stock has an average rating of “Moderate Buy”.

UBS Group Trading Down 0.5 %

Shares of UBS Group stock opened at $35.42 on Friday. 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 $35.84. The firm has a market capitalization of $113.56 billion, a PE ratio of 29.51 and a beta of 1.15. The firm’s 50-day moving average price is $32.29 and its 200 day moving average price is $31.29.

UBS Group (NYSE:UBS) last issued its quarterly earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.15. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. The firm had revenue of $19.31 billion for the quarter, compared to analyst estimates of $11.20 billion. During the same period in the previous year, the company posted ($0.24) earnings per share. On average, sell-side analysts predict that UBS Group AG will post 1.62 EPS for the current fiscal 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.