National Bank of Canada FI Has $3.66 Million Holdings in UBS Group AG (NYSE:UBS)

National Bank of Canada FI decreased its position in UBS Group AG (NYSE:UBS) by 39.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 118,195 shares of the bank’s stock after selling 77,757 shares during the period. National Bank of Canada FI’s holdings in UBS Group were worth $3,664,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of UBS. CWM LLC grew its holdings in UBS Group by 7.9% in the second quarter. CWM LLC now owns 7,618 shares of the bank’s stock worth $225,000 after purchasing an additional 555 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in UBS Group by 48.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 34,627 shares of the bank’s stock valued at $1,023,000 after buying an additional 11,328 shares in the last quarter. Blue Trust Inc. raised its stake in UBS Group by 121.7% during the 2nd quarter. Blue Trust Inc. now owns 26,344 shares of the bank’s stock worth $809,000 after buying an additional 14,461 shares during the period. Timber Creek Capital Management LLC boosted its holdings in UBS Group by 2.5% in the second quarter. Timber Creek Capital Management LLC now owns 85,659 shares of the bank’s stock worth $2,530,000 after acquiring an additional 2,068 shares in the last quarter. Finally, Raymond James & Associates grew its stake in UBS Group by 11.4% in the second quarter. Raymond James & Associates now owns 1,002,585 shares of the bank’s stock valued at $29,616,000 after acquiring an additional 102,845 shares during the period.

UBS Group Price Performance

Shares of NYSE:UBS opened at $32.02 on Friday. 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 cap of $102.67 billion, a PE ratio of 26.77 and a beta of 1.14. The stock’s fifty day simple moving average is $31.97 and its two-hundred day simple moving average is $30.87. UBS Group AG has a 1-year low of $26.00 and a 1-year high of $33.34.

UBS Group (NYSE:UBS) last released its quarterly earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.15. The business had revenue of $19.31 billion for the quarter, compared to analysts’ expectations of $11.20 billion. UBS Group had a net margin of 5.13% and a return on equity of 4.69%. During the same period in the previous year, the company earned ($0.24) earnings per share. As a group, analysts forecast that UBS Group AG will post 1.73 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

UBS Group Company 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.