Five Oceans Advisors Boosts Stock Position in UBS Group AG (NYSE:UBS)

Five Oceans Advisors grew its holdings in shares of UBS Group AG (NYSE:UBS) by 5.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 9,293 shares of the bank’s stock after acquiring an additional 468 shares during the quarter. Five Oceans Advisors’ holdings in UBS Group were worth $282,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Berbice Capital Management LLC purchased a new stake in UBS Group in the fourth quarter worth about $27,000. Versant Capital Management Inc bought a new stake in shares of UBS Group in the 4th quarter worth approximately $40,000. Continuum Advisory LLC increased its position in 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 buying an additional 450 shares in the last quarter. FSC Wealth Advisors LLC bought a new stake in UBS Group in the third quarter worth $71,000. Finally, Rosenberg Matthew Hamilton grew its position in UBS Group by 15.6% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank’s stock valued at $81,000 after purchasing an additional 355 shares during the last quarter.

Analysts Set New Price Targets

Several brokerages have recently issued reports on UBS. StockNews.com downgraded shares of UBS Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. BNP Paribas raised UBS Group from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. Finally, Kepler Capital Markets raised UBS Group from a “hold” rating to a “buy” rating in a report on Friday, January 10th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, UBS Group currently has an average rating of “Moderate Buy”.

UBS Group Stock Down 0.5 %

UBS opened at $35.42 on Friday. The stock has a market capitalization of $113.56 billion, a price-to-earnings ratio of 29.51 and a beta of 1.15. The firm has a 50 day moving average price of $32.37 and a 200-day moving average price of $31.32. UBS Group AG has a twelve month low of $26.00 and a twelve month high of $35.84. 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 (NYSE:UBS) last announced its earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.15. The business had revenue of $19.31 billion during the quarter, compared to analyst estimates 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 business earned ($0.24) EPS. Equities research analysts forecast that UBS Group AG will post 1.62 earnings per share for the current year.

About UBS Group

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.