Solstein Capital LLC Has $556,000 Stake in UBS Group AG (NYSE:UBS)

Solstein Capital LLC decreased its holdings in UBS Group AG (NYSE:UBS) by 6.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,996 shares of the bank’s stock after selling 1,338 shares during the quarter. Solstein Capital LLC’s holdings in UBS Group were worth $556,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Nisa Investment Advisors LLC acquired a new stake in UBS Group in the 2nd quarter worth about $41,000. RFP Financial Group LLC raised its position in shares of UBS Group by 58.3% in the 1st quarter. RFP Financial Group LLC now owns 1,429 shares of the bank’s stock valued at $44,000 after buying an additional 526 shares in the last quarter. Larson Financial Group LLC raised its position in shares of UBS Group by 5,742.3% in the 1st quarter. Larson Financial Group LLC now owns 1,519 shares of the bank’s stock valued at $47,000 after buying an additional 1,493 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its position 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 valued at $49,000 after buying an additional 1,416 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC acquired a new position in shares of UBS Group in the 2nd quarter valued at approximately $50,000.

UBS Group Trading Up 1.4 %

Shares of UBS Group stock opened at $31.11 on Monday. The firm has a market capitalization of $99.75 billion, a PE ratio of 25.93 and a beta of 1.15. The company has a current ratio of 1.05, a quick ratio of 1.06 and a debt-to-equity ratio of 3.87. The firm’s 50 day moving average is $30.88 and its 200 day moving average is $30.24. UBS Group AG has a 1 year low of $24.07 and a 1 year high of $32.90.

UBS Group (NYSE:UBS) last announced its quarterly earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.15. The company had revenue of $19.31 billion for the quarter, compared to analyst estimates 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 previous year, the firm posted ($0.24) EPS. Equities research analysts forecast that UBS Group AG will post 1.45 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

UBS has been the subject of several analyst reports. Bank of America initiated coverage on shares of UBS Group in a research report on Thursday, September 19th. They issued a “neutral” rating for the company. StockNews.com upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Friday. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

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.