Janus Henderson Group PLC Sells 158,839 Shares of UBS Group AG (NYSE:UBS)

Janus Henderson Group PLC reduced its stake in shares of UBS Group AG (NYSE:UBS) by 4.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,247,489 shares of the bank’s stock after selling 158,839 shares during the quarter. Janus Henderson Group PLC’s holdings in UBS Group were worth $100,036,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Blue Trust Inc. lifted its stake in shares of UBS Group by 31.6% during the fourth quarter. Blue Trust Inc. now owns 9,972 shares of the bank’s stock valued at $308,000 after acquiring an additional 2,395 shares during the period. Global Retirement Partners LLC boosted its stake in shares of UBS Group by 24.0% in the 4th quarter. Global Retirement Partners LLC now owns 2,080 shares of the bank’s stock valued at $61,000 after purchasing an additional 402 shares during the last quarter. Caprock Group LLC grew its position in shares of UBS Group by 6.4% during the 4th quarter. Caprock Group LLC now owns 10,035 shares of the bank’s stock worth $310,000 after buying an additional 600 shares during the period. Drive Wealth Management LLC raised its stake in shares of UBS Group by 4.3% during the fourth quarter. Drive Wealth Management LLC now owns 10,302 shares of the bank’s stock worth $318,000 after buying an additional 429 shares during the last quarter. Finally, Solstein Capital LLC lifted its holdings in UBS Group by 9.6% in the fourth quarter. Solstein Capital LLC now owns 28,017 shares of the bank’s stock valued at $868,000 after buying an additional 2,462 shares during the period.

UBS Group Trading Up 0.8 %

UBS Group stock traded up $0.24 during midday trading on Wednesday, hitting $30.25. 595,926 shares of the stock were exchanged, compared to its average volume of 2,411,748. UBS Group AG has a 52 week low of $21.34 and a 52 week high of $32.13. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 4.00. The stock has a market capitalization of $96.99 billion, a PE ratio of 3.31 and a beta of 1.16. The company has a fifty day simple moving average of $30.65 and a two-hundred day simple moving average of $29.77.

UBS Group (NYSE:UBS) last released its quarterly earnings results on Tuesday, May 7th. The bank reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.29. UBS Group had a return on equity of 7.78% and a net margin of 39.78%. The firm had revenue of $12.74 billion during the quarter, compared to the consensus estimate of $12.05 billion. Equities research analysts anticipate that UBS Group AG will post 1.02 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have commented on UBS. Citigroup lowered shares of UBS Group from a “buy” rating to a “neutral” rating in a report on Tuesday, April 23rd. BNP Paribas cut UBS Group from an “outperform” rating to a “neutral” rating in a research note on Monday, April 22nd. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

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.