Sivia Capital Partners LLC Has $404,000 Stock Position in UBS Group AG (NYSE:UBS)

Sivia Capital Partners LLC boosted its position in shares of UBS Group AG (NYSE:UBS) by 6.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,678 shares of the bank’s stock after purchasing an additional 796 shares during the period. Sivia Capital Partners LLC’s holdings in UBS Group were worth $404,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of UBS. Drive Wealth Management LLC raised its holdings in UBS Group by 3.2% in the 2nd quarter. Drive Wealth Management LLC now owns 11,100 shares of the bank’s stock worth $328,000 after acquiring an additional 349 shares during the period. D Orazio & Associates Inc. increased its stake in shares of UBS Group by 3.5% in the 1st quarter. D Orazio & Associates Inc. now owns 11,264 shares of the bank’s stock valued at $346,000 after buying an additional 381 shares during the period. EverSource Wealth Advisors LLC lifted its position in UBS Group by 5.3% during the 4th quarter. EverSource Wealth Advisors LLC now owns 8,364 shares of the bank’s stock valued at $258,000 after purchasing an additional 419 shares during the period. Hexagon Capital Partners LLC boosted its stake in UBS Group by 11.2% in the first quarter. Hexagon Capital Partners LLC now owns 4,166 shares of the bank’s stock valued at $128,000 after acquiring an additional 420 shares during the last quarter. Finally, Traveka Wealth LLC grew its stake in shares of UBS Group by 6.2% during the second quarter. Traveka Wealth LLC now owns 7,466 shares of the bank’s stock worth $221,000 after purchasing an additional 435 shares during the period.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of UBS Group from a “buy” rating to a “hold” rating in a research report on Friday, August 23rd. Four analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, UBS Group has an average rating of “Hold”.

UBS Group Stock Down 2.8 %

NYSE:UBS opened at $28.53 on Friday. The stock has a 50-day simple moving average of $30.11 and a 200 day simple moving average of $29.94. UBS Group AG has a 52-week low of $23.23 and a 52-week high of $32.13. The company has a market cap of $91.48 billion, a PE ratio of 3.11 and a beta of 1.15. The company has a debt-to-equity ratio of 4.07, a quick ratio of 1.06 and a current ratio of 1.06.

UBS Group (NYSE:UBS) last issued its quarterly earnings results on Wednesday, August 14th. The bank reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.22. The company had revenue of $11.90 billion during the quarter, compared to analysts’ expectations of $11.26 billion. UBS Group had a net margin of 2.31% and a return on equity of 2.14%. During the same period last year, the business earned $1.88 EPS. On average, sell-side analysts expect that UBS Group AG will post 1.02 EPS for the current fiscal year.

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.