Hilltop National Bank Takes Position in UBS Group AG (NYSE:UBS)

Hilltop National Bank acquired a new stake in UBS Group AG (NYSE:UBS) in the second quarter, Holdings Channel.com reports. The firm acquired 2,573 shares of the bank’s stock, valued at approximately $76,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Opal Wealth Advisors LLC acquired a new stake in shares of UBS Group in the first quarter worth approximately $42,000. RFP Financial Group LLC raised its position in UBS Group by 58.3% in the first quarter. RFP Financial Group LLC now owns 1,429 shares of the bank’s stock valued at $44,000 after purchasing an additional 526 shares during the period. Larson Financial Group LLC raised its position in UBS Group by 5,742.3% in the first quarter. Larson Financial Group LLC now owns 1,519 shares of the bank’s stock valued at $47,000 after purchasing an additional 1,493 shares during the period. First Horizon Advisors Inc. raised its position in UBS Group by 91.2% in the fourth quarter. First Horizon Advisors Inc. now owns 1,543 shares of the bank’s stock valued at $48,000 after purchasing an additional 736 shares during the period. Finally, Naples Money Management LLC purchased a new stake in UBS Group in the fourth quarter valued at $51,000.

UBS Group Price Performance

NYSE:UBS remained flat at $28.18 during trading hours on Wednesday. The company’s stock had a trading volume of 1,549,951 shares, compared to its average volume of 2,427,474. UBS Group AG has a 52-week low of $21.69 and a 52-week high of $32.13. The firm’s fifty day simple moving average is $30.47 and its 200-day simple moving average is $29.75. The company has a debt-to-equity ratio of 4.00, a quick ratio of 1.08 and a current ratio of 1.08. The stock has a market capitalization of $90.36 billion, a PE ratio of 3.10 and a beta of 1.16.

UBS Group (NYSE:UBS) last posted its quarterly earnings data on Tuesday, May 7th. The bank reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.29. UBS Group had a return on equity of 7.78% and a net margin of 39.78%. The business had revenue of $12.74 billion for the quarter, compared to analysts’ expectations of $12.05 billion. As a group, research analysts predict that UBS Group AG will post 1.02 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. BNP Paribas downgraded UBS Group from an “outperform” rating to a “neutral” rating in a report on Monday, April 22nd. Citigroup downgraded UBS Group from a “buy” rating to a “neutral” rating in a report on Tuesday, April 23rd. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

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.