UBS Group AG (NYSE:UBS) Shares Sold by Shilanski & Associates Inc.

Shilanski & Associates Inc. lowered its position in shares of UBS Group AG (NYSE:UBS) by 6.9% during the fourth quarter, HoldingsChannel reports. The firm owned 9,672 shares of the bank’s stock after selling 721 shares during the period. Shilanski & Associates Inc.’s holdings in UBS Group were worth $293,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in UBS. Commerce Bank raised its holdings in shares of UBS Group by 3.9% during the third quarter. Commerce Bank now owns 9,278 shares of the bank’s stock valued at $287,000 after buying an additional 346 shares during the last quarter. Rosenberg Matthew Hamilton boosted its position in UBS Group by 15.6% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank’s stock worth $81,000 after acquiring an additional 355 shares during the period. TD Private Client Wealth LLC grew its stake in shares of UBS Group by 3.2% in the third quarter. TD Private Client Wealth LLC now owns 12,813 shares of the bank’s stock worth $396,000 after purchasing an additional 394 shares in the last quarter. Legacy Wealth Asset Management LLC raised its stake in shares of UBS Group by 0.7% during the third quarter. Legacy Wealth Asset Management LLC now owns 60,705 shares of the bank’s stock valued at $1,876,000 after purchasing an additional 438 shares in the last quarter. Finally, Continuum Advisory LLC grew its position in UBS Group by 41.6% in the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock valued at $49,000 after buying an additional 450 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on UBS. Kepler Capital Markets raised UBS Group from a “hold” rating to a “buy” rating in a report on Friday, January 10th. BNP Paribas upgraded UBS Group from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. Finally, StockNews.com lowered UBS Group from a “buy” rating to a “hold” rating in a research note on Wednesday. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

UBS Group Stock Performance

Shares of UBS stock opened at $34.99 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. UBS Group AG has a 1-year low of $26.00 and a 1-year high of $35.10. The stock’s fifty day simple moving average is $31.84 and its 200-day simple moving average is $31.09. The company has a market capitalization of $112.20 billion, a price-to-earnings ratio of 29.16 and a beta of 1.15.

UBS Group (NYSE:UBS) last released its quarterly earnings data on Wednesday, October 30th. The bank reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.15. The firm had revenue of $19.31 billion for the quarter, compared to analyst estimates of $11.20 billion. UBS Group had a net margin of 5.13% and a return on equity of 4.69%. During the same quarter in the prior year, the business earned ($0.24) EPS. On average, sell-side analysts predict that UBS Group AG will post 1.53 earnings per share 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.