UBS Group AG (NYSE:UBS) Shares Sold by Massachusetts Wealth Management

Massachusetts Wealth Management cut its holdings in shares of UBS Group AG (NYSE:UBS) by 8.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,080 shares of the bank’s stock after selling 2,000 shares during the period. Massachusetts Wealth Management’s holdings in UBS Group were worth $639,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Berbice Capital Management LLC purchased a new stake in UBS Group during the 4th quarter worth approximately $27,000. Versant Capital Management Inc bought a new stake in shares of UBS Group in the fourth quarter worth $40,000. Continuum Advisory LLC raised its holdings in UBS Group by 41.6% in the third quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock valued at $49,000 after acquiring an additional 450 shares in the last quarter. FSC Wealth Advisors LLC bought a new position in UBS Group during the 3rd quarter valued at $71,000. Finally, Rosenberg Matthew Hamilton grew its holdings 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 in the last quarter.

Analyst Upgrades and Downgrades

A number of research firms recently commented on UBS. Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, January 10th. StockNews.com downgraded UBS Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 22nd. Finally, BNP Paribas raised UBS Group from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

UBS Group Price Performance

Shares of NYSE UBS opened at $32.43 on Wednesday. The company has a debt-to-equity ratio of 3.87, a current ratio of 1.05 and a quick ratio of 1.05. The firm has a market capitalization of $103.99 billion, a PE ratio of 27.03 and a beta of 1.16. UBS Group AG has a 1-year low of $26.00 and a 1-year high of $35.84. The business’s fifty day moving average price is $32.45 and its two-hundred day moving average price is $31.36.

UBS Group (NYSE:UBS) last released its quarterly earnings data on Tuesday, February 4th. The bank reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.08). The firm had revenue of $11.06 billion during the quarter, compared to analyst estimates of $10.90 billion. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. The firm’s revenue was up 1.9% on a year-over-year basis. During the same period last year, the business earned ($0.09) EPS. On average, research analysts expect that UBS Group AG will post 1.39 EPS for the current 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.