Quantbot Technologies LP Has $4.70 Million Holdings in UBS Group AG (NYSE:UBS)

Quantbot Technologies LP increased its holdings in UBS Group AG (NYSE:UBS) by 117.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 152,151 shares of the bank’s stock after purchasing an additional 82,062 shares during the period. Quantbot Technologies LP’s holdings in UBS Group were worth $4,703,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. B. Riley Wealth Advisors Inc. increased its stake in shares of UBS Group by 33.5% in the first quarter. B. Riley Wealth Advisors Inc. now owns 29,916 shares of the bank’s stock valued at $919,000 after buying an additional 7,508 shares during the period. Virtu Financial LLC raised its holdings in UBS Group by 35.5% during the 1st quarter. Virtu Financial LLC now owns 19,475 shares of the bank’s stock worth $598,000 after purchasing an additional 5,099 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of UBS Group by 206.3% in the 1st quarter. Cetera Investment Advisers now owns 65,029 shares of the bank’s stock worth $1,998,000 after purchasing an additional 43,800 shares during the period. Cetera Advisors LLC boosted its stake in shares of UBS Group by 133.7% in the 1st quarter. Cetera Advisors LLC now owns 25,584 shares of the bank’s stock valued at $786,000 after purchasing an additional 14,638 shares during the last quarter. Finally, Jackson Wealth Management LLC increased its position in shares of UBS Group by 5.5% during the first quarter. Jackson Wealth Management LLC now owns 149,621 shares of the bank’s stock worth $4,596,000 after buying an additional 7,867 shares during the period.

Wall Street Analysts Forecast Growth

UBS has been the topic of several recent analyst reports. Bank of America assumed coverage on shares of UBS Group in a report on Thursday, September 19th. They issued a “neutral” rating on the stock. StockNews.com upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

UBS Group Trading Down 2.7 %

NYSE:UBS opened at $31.19 on Wednesday. UBS Group AG has a 12 month low of $26.00 and a 12 month high of $33.34. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.87. The stock has a market capitalization of $100.01 billion, a price-to-earnings ratio of 25.99 and a beta of 1.15. The firm has a fifty day simple moving average of $31.60 and a two-hundred day simple moving average of $30.73.

UBS Group (NYSE:UBS) last released its quarterly earnings data 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 net margin of 5.13% and a return on equity of 4.69%. The company had revenue of $19.31 billion for the quarter, compared to analysts’ expectations of $11.20 billion. During the same quarter in the prior year, the firm earned ($0.24) EPS. Analysts expect that UBS Group AG will post 1.73 EPS 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.