Quantbot Technologies LP Buys Shares of 140,576 UBS Group AG (NYSE:UBS)

Quantbot Technologies LP bought a new position in UBS Group AG (NYSE:UBS) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 140,576 shares of the bank’s stock, valued at approximately $4,318,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in UBS. Anchor Investment Management LLC acquired a new position in UBS Group during the 4th quarter worth approximately $28,000. Opal Wealth Advisors LLC acquired a new stake in shares of UBS Group during the 1st quarter valued at $42,000. Larson Financial Group LLC grew its position in UBS Group by 5,742.3% during the 1st quarter. Larson Financial Group LLC now owns 1,519 shares of the bank’s stock worth $47,000 after acquiring an additional 1,493 shares during the last quarter. First Horizon Advisors Inc. raised its position in UBS Group by 91.2% in the fourth quarter. First Horizon Advisors Inc. now owns 1,543 shares of the bank’s stock valued at $48,000 after purchasing an additional 736 shares during the last quarter. Finally, Naples Money Management LLC acquired a new stake in shares of UBS Group during the fourth quarter valued at about $51,000.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on UBS. BNP Paribas lowered shares of UBS Group from an “outperform” rating to a “neutral” rating in a report on Monday, April 22nd. Citigroup cut shares of UBS Group from a “buy” rating to a “neutral” rating in a research report on Tuesday, April 23rd. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

UBS Group Trading Up 0.6 %

Shares of UBS traded up $0.19 during mid-day trading on Friday, reaching $31.22. 1,169,060 shares of the company were exchanged, compared to its average volume of 2,521,838. The business has a 50 day simple moving average of $30.36 and a two-hundred day simple moving average of $29.75. UBS Group AG has a 52 week low of $20.85 and a 52 week high of $32.13. The stock has a market capitalization of $100.10 billion, a PE ratio of 3.41 and a beta of 1.16. The company has a debt-to-equity ratio of 4.00, a quick ratio of 1.08 and a current ratio of 1.08.

UBS Group (NYSE:UBS) last released its quarterly earnings results on Tuesday, May 7th. The bank reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.29. UBS Group had a net margin of 39.78% and a return on equity of 7.78%. The firm had revenue of $12.74 billion during the quarter, compared to analyst estimates of $12.05 billion. On average, analysts predict that UBS Group AG will post 0.78 earnings per share for the current fiscal 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.