Crossmark Global Holdings Inc. Purchases 4,007 Shares of UBS Group AG (NYSE:UBS)

Crossmark Global Holdings Inc. raised its position in UBS Group AG (NYSE:UBS) by 1.6% during the fourth quarter, Holdings Channel reports. The firm owned 259,679 shares of the bank’s stock after purchasing an additional 4,007 shares during the period. Crossmark Global Holdings Inc.’s holdings in UBS Group were worth $7,873,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of UBS. Charles Schwab Investment Management Inc. boosted its position in UBS Group by 17.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 220,042 shares of the bank’s stock valued at $6,801,000 after acquiring an additional 33,089 shares during the last quarter. M.E. Allison & CO. Inc. bought a new stake in shares of UBS Group during the 4th quarter valued at about $354,000. Toronto Dominion Bank grew its stake in UBS Group by 286.3% during the second quarter. Toronto Dominion Bank now owns 272,309 shares of the bank’s stock worth $8,044,000 after purchasing an additional 201,809 shares during the period. Quantbot Technologies LP increased its holdings in UBS Group by 117.1% in the third quarter. Quantbot Technologies LP now owns 152,151 shares of the bank’s stock worth $4,703,000 after purchasing an additional 82,062 shares in the last quarter. Finally, Fisher Asset Management LLC acquired a new position in UBS Group in the third quarter valued at approximately $23,884,000.

Analysts Set New Price Targets

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

UBS Group Stock Performance

UBS opened at $35.07 on Wednesday. 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 company’s fifty day moving average price is $31.72 and its two-hundred day moving average price is $31.03. UBS Group AG has a 1-year low of $26.00 and a 1-year high of $35.11. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.87.

UBS Group (NYSE:UBS) last announced its quarterly earnings results 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. The business had revenue of $19.31 billion for the quarter, compared to analysts’ expectations of $11.20 billion. UBS Group had a net margin of 5.13% and a return on equity of 4.69%. During the same quarter last year, the firm earned ($0.24) EPS. On average, analysts expect that UBS Group AG will post 1.53 EPS for the current fiscal 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.