Ballentine Partners LLC Has $1.13 Million Position in UBS Group AG (NYSE:UBS)

Ballentine Partners LLC increased its stake in shares of UBS Group AG (NYSE:UBS) by 11.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,309 shares of the bank’s stock after buying an additional 3,742 shares during the quarter. Ballentine Partners LLC’s holdings in UBS Group were worth $1,131,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Versant Capital Management Inc acquired a new stake in UBS Group during the fourth quarter worth approximately $40,000. Benjamin F. Edwards & Company Inc. grew its position in UBS Group by 566.4% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock worth $49,000 after buying an additional 1,416 shares in the last quarter. Continuum Advisory LLC grew its position in UBS Group by 41.6% during the third quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock worth $49,000 after buying an additional 450 shares in the last quarter. FSC Wealth Advisors LLC acquired a new stake in UBS Group during the third quarter worth approximately $71,000. Finally, Rosenberg Matthew Hamilton lifted its stake in UBS Group by 15.6% during the third quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank’s stock worth $81,000 after purchasing an additional 355 shares during the last quarter.

UBS Group Trading Up 3.0 %

NYSE UBS opened at $35.07 on Wednesday. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 3.87. UBS Group AG has a twelve month low of $26.00 and a twelve month high of $35.11. The company has a market cap of $112.43 billion, a price-to-earnings ratio of 29.22 and a beta of 1.15. The business’s fifty day moving average is $31.72 and its 200 day moving average is $31.03.

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. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. The company had revenue of $19.31 billion for the quarter, compared to the consensus estimate of $11.20 billion. During the same quarter last year, the business posted ($0.24) EPS. As a group, sell-side analysts expect that UBS Group AG will post 1.53 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have weighed in on UBS shares. StockNews.com upgraded UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, January 10th. Finally, BNP Paribas upgraded UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, UBS Group currently has an average rating of “Moderate Buy”.

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.