Hantz Financial Services Inc. decreased its position in shares of UBS Group AG (NYSE:UBS – Free Report) by 1.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 81,309 shares of the bank’s stock after selling 1,207 shares during the period. Hantz Financial Services Inc.’s holdings in UBS Group were worth $2,513,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Nisa Investment Advisors LLC bought a new stake in shares of UBS Group in the 2nd quarter valued at approximately $41,000. Benjamin F. Edwards & Company Inc. increased its stake in shares of UBS Group by 566.4% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock worth $49,000 after purchasing an additional 1,416 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new position in shares of UBS Group during the 2nd quarter valued at $50,000. Opal Wealth Advisors LLC lifted its stake in shares of UBS Group by 56.0% in the 2nd quarter. Opal Wealth Advisors LLC now owns 2,125 shares of the bank’s stock valued at $63,000 after purchasing an additional 763 shares during the last quarter. Finally, FSC Wealth Advisors LLC bought a new stake in UBS Group in the third quarter worth $71,000.
UBS Group Trading Up 3.2 %
Shares of NYSE:UBS opened at $32.34 on Friday. UBS Group AG has a 52-week low of $26.00 and a 52-week high of $33.34. The company has a debt-to-equity ratio of 3.87, a quick ratio of 1.05 and a current ratio of 1.05. The company has a market cap of $103.70 billion, a P/E ratio of 26.95 and a beta of 1.15. The stock’s 50-day moving average is $31.69 and its 200-day moving average is $30.76.
Wall Street Analyst Weigh In
UBS has been the subject of several recent analyst reports. Bank of America initiated coverage on UBS Group in a research note on Thursday, September 19th. They set a “neutral” rating for the company. StockNews.com raised UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, UBS Group presently has an average rating of “Moderate Buy”.
View Our Latest Research Report on UBS
UBS Group 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.
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