RPg Family Wealth Advisory LLC Buys 1,866 Shares of UBS Group AG (NYSE:UBS)

RPg Family Wealth Advisory LLC increased its position in shares of UBS Group AG (NYSE:UBS) by 0.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 265,950 shares of the bank’s stock after acquiring an additional 1,866 shares during the quarter. UBS Group comprises approximately 2.4% of RPg Family Wealth Advisory LLC’s investment portfolio, making the stock its 12th biggest holding. RPg Family Wealth Advisory LLC’s holdings in UBS Group were worth $8,221,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. Toronto Dominion Bank boosted its position in shares of UBS Group by 286.3% during the second quarter. Toronto Dominion Bank now owns 272,309 shares of the bank’s stock worth $8,044,000 after purchasing an additional 201,809 shares in the last quarter. Legal & General Group Plc raised its stake in UBS Group by 11,313.2% during the 2nd quarter. Legal & General Group Plc now owns 41,389,783 shares of the bank’s stock worth $1,218,317,000 after buying an additional 41,027,134 shares during the period. Cetera Investment Advisers lifted its holdings in UBS Group by 206.3% during the first quarter. Cetera Investment Advisers now owns 65,029 shares of the bank’s stock worth $1,998,000 after acquiring an additional 43,800 shares in the last quarter. AQR Capital Management LLC lifted its holdings in UBS Group by 226.8% during the second quarter. AQR Capital Management LLC now owns 27,928 shares of the bank’s stock worth $825,000 after acquiring an additional 19,382 shares in the last quarter. Finally, Fiera Capital Corp grew its stake in UBS Group by 81.4% in the third quarter. Fiera Capital Corp now owns 111,500 shares of the bank’s stock valued at $3,446,000 after acquiring an additional 50,041 shares during the period.

UBS Group Stock Performance

UBS opened at $31.21 on Wednesday. The company has a market capitalization of $100.07 billion, a price-to-earnings ratio of 25.99 and a beta of 1.15. The business’s 50-day moving average price is $31.60 and its two-hundred day moving average price is $30.73. UBS Group AG has a 1 year low of $26.00 and a 1 year high of $33.34. The company has a debt-to-equity ratio of 3.87, a current ratio of 1.05 and a quick ratio of 1.05.

UBS Group (NYSE:UBS) last announced 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. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. The business had revenue of $19.31 billion for the quarter, compared to analyst estimates of $11.20 billion. During the same quarter last year, the firm earned ($0.24) EPS. Equities analysts expect that UBS Group AG will post 1.73 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on UBS. Bank of America started coverage on UBS Group in a report on Thursday, September 19th. They set a “neutral” rating on the stock. StockNews.com upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, UBS Group has a consensus rating of “Moderate Buy”.

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.