Baker Ellis Asset Management LLC Cuts Holdings in UBS Group AG (NYSE:UBS)

Baker Ellis Asset Management LLC lessened its stake in UBS Group AG (NYSE:UBS) by 4.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 39,900 shares of the bank’s stock after selling 1,700 shares during the quarter. Baker Ellis Asset Management LLC’s holdings in UBS Group were worth $1,210,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of UBS. Versant Capital Management Inc bought a new stake in shares of UBS Group in the 4th quarter worth approximately $40,000. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of UBS Group by 566.4% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock worth $49,000 after acquiring an additional 1,416 shares during the last quarter. Continuum Advisory LLC lifted its holdings in shares of UBS Group by 41.6% in the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock worth $49,000 after acquiring an additional 450 shares during the last quarter. FSC Wealth Advisors LLC bought a new stake in shares of UBS Group in the 3rd quarter worth approximately $71,000. Finally, Rosenberg Matthew Hamilton lifted its holdings in shares of UBS Group by 15.6% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank’s stock worth $81,000 after acquiring an additional 355 shares during the last quarter.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. BNP Paribas upgraded shares of UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. Kepler Capital Markets upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a report on Friday, January 10th. Finally, StockNews.com lowered shares of UBS Group from a “buy” rating to a “hold” rating in a report on Wednesday. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

UBS Group Stock Down 1.2 %

Shares of NYSE UBS opened at $34.67 on Thursday. The firm has a fifty day simple moving average of $31.78 and a two-hundred day simple moving average of $31.06. The firm has a market capitalization of $111.18 billion, a PE ratio of 28.89 and a beta of 1.15. 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 AG has a 12 month low of $26.00 and a 12 month high of $35.10.

UBS Group (NYSE:UBS) last released its earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.15. The firm had revenue of $19.31 billion for the quarter, compared to the consensus estimate of $11.20 billion. UBS Group had a net margin of 5.13% and a return on equity of 4.69%. During the same period in the prior year, the firm earned ($0.24) EPS. Equities analysts expect that UBS Group AG will post 1.53 earnings per share for the current year.

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.