Coldstream Capital Management Inc. Buys 1,980 Shares of UBS Group AG (NYSE:UBS)

Coldstream Capital Management Inc. boosted its stake in UBS Group AG (NYSE:UBS) by 8.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,863 shares of the bank’s stock after acquiring an additional 1,980 shares during the period. Coldstream Capital Management Inc.’s holdings in UBS Group were worth $769,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in UBS. Legal & General Group Plc increased its position in shares of UBS Group by 11,313.2% during the second 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. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in UBS Group by 11.3% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 54,060,137 shares of the bank’s stock worth $1,591,242,000 after acquiring an additional 5,508,422 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of UBS Group by 6.1% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 57,349,524 shares of the bank’s stock worth $1,771,713,000 after acquiring an additional 3,289,387 shares in the last quarter. Susquehanna International Securities Ltd. lifted its stake in shares of UBS Group by 162.3% in the 2nd quarter. Susquehanna International Securities Ltd. now owns 5,016,425 shares of the bank’s stock valued at $148,185,000 after purchasing an additional 3,103,747 shares during the period. Finally, Wellington Management Group LLP boosted its position in shares of UBS Group by 20.2% during the 3rd quarter. Wellington Management Group LLP now owns 13,708,623 shares of the bank’s stock valued at $423,504,000 after purchasing an additional 2,307,033 shares in the last quarter.

UBS Group Stock Down 0.5 %

Shares of NYSE:UBS opened at $32.02 on Friday. The company has a debt-to-equity ratio of 3.87, a quick ratio of 1.05 and a current ratio of 1.05. UBS Group AG has a 52-week low of $26.00 and a 52-week high of $33.34. The business’s 50 day simple moving average is $31.97 and its two-hundred day simple moving average is $30.87. The firm has a market cap of $102.67 billion, a P/E ratio of 26.68 and a beta of 1.14.

UBS Group (NYSE:UBS) last issued its earnings results 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. The company had revenue of $19.31 billion for the quarter, compared to analysts’ expectations of $11.20 billion. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. During the same period last year, the business earned ($0.24) EPS. As a group, research analysts forecast that UBS Group AG will post 1.73 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on UBS. Bank of America started coverage on UBS Group in a research note on Thursday, September 19th. They issued a “neutral” rating on the stock. StockNews.com upgraded shares of 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. Based on data from MarketBeat, the company currently has an average 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.