RPg Family Wealth Advisory LLC Buys 1,866 Shares of UBS Group AG (NYSE:UBS)

RPg Family Wealth Advisory LLC lifted its stake in UBS Group AG (NYSE:UBS) by 0.7% during the third quarter, Holdings Channel.com reports. The fund owned 265,950 shares of the bank’s stock after buying an additional 1,866 shares during the period. UBS Group accounts for approximately 2.4% of RPg Family Wealth Advisory LLC’s holdings, making the stock its 12th largest holding. RPg Family Wealth Advisory LLC’s holdings in UBS Group were worth $8,221,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of UBS. B. Riley Wealth Advisors Inc. raised its position in UBS Group by 33.5% during the first quarter. B. Riley Wealth Advisors Inc. now owns 29,916 shares of the bank’s stock worth $919,000 after acquiring an additional 7,508 shares in the last quarter. Virtu Financial LLC lifted its stake in UBS Group by 35.5% in the 1st quarter. Virtu Financial LLC now owns 19,475 shares of the bank’s stock valued at $598,000 after purchasing an additional 5,099 shares during the last quarter. Cetera Investment Advisers grew its holdings in UBS Group by 206.3% during the first quarter. Cetera Investment Advisers now owns 65,029 shares of the bank’s stock worth $1,998,000 after purchasing an additional 43,800 shares during the period. Cetera Advisors LLC increased its position in UBS Group by 133.7% during the first quarter. Cetera Advisors LLC now owns 25,584 shares of the bank’s stock worth $786,000 after buying an additional 14,638 shares during the last quarter. Finally, Jackson Wealth Management LLC raised its stake in UBS Group by 5.5% in the first quarter. Jackson Wealth Management LLC now owns 149,621 shares of the bank’s stock valued at $4,596,000 after buying an additional 7,867 shares during the period.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. StockNews.com upgraded UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. Bank of America began coverage on shares of UBS Group in a research report on Thursday, September 19th. They set a “neutral” rating for the company. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, UBS Group has a consensus rating of “Moderate Buy”.

UBS Group Trading Up 0.1 %

Shares of UBS stock opened at $31.21 on Wednesday. UBS Group AG has a 12-month low of $26.00 and a 12-month high of $33.34. The company has a market capitalization of $100.07 billion, a PE ratio of 25.99 and a beta of 1.15. The firm has a 50 day moving average price of $31.60 and a two-hundred day moving average price of $30.73. 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 (NYSE:UBS) last released its quarterly earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share for the quarter, topping 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 business had revenue of $19.31 billion during the quarter, compared to analysts’ expectations of $11.20 billion. During the same period last year, the firm posted ($0.24) EPS. As a group, analysts predict that UBS Group AG will post 1.73 earnings per share for the current 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.