Clarius Group LLC Lowers Stake in UBS Group AG (NYSE:UBS)

Clarius Group LLC cut its stake in UBS Group AG (NYSE:UBS) by 4.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,909 shares of the bank’s stock after selling 850 shares during the quarter. Clarius Group LLC’s holdings in UBS Group were worth $543,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in UBS. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in UBS Group by 6.1% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 57,349,524 shares of the bank’s stock worth $1,771,713,000 after purchasing an additional 3,289,387 shares in the last quarter. Legal & General Group Plc raised its stake in shares of UBS Group by 11,313.2% during the 2nd quarter. Legal & General Group Plc now owns 41,389,783 shares of the bank’s stock worth $1,218,317,000 after acquiring an additional 41,027,134 shares in the last quarter. Pzena Investment Management LLC lifted its position in UBS Group by 2.8% during the third quarter. Pzena Investment Management LLC now owns 30,802,466 shares of the bank’s stock valued at $952,104,000 after acquiring an additional 851,231 shares during the last quarter. Wellington Management Group LLP boosted its stake in UBS Group by 20.2% in the third quarter. Wellington Management Group LLP now owns 13,708,623 shares of the bank’s stock valued at $423,504,000 after acquiring an additional 2,307,033 shares in the last quarter. Finally, Royal London Asset Management Ltd. increased its position in shares of UBS Group by 0.6% during the third quarter. Royal London Asset Management Ltd. now owns 7,149,149 shares of the bank’s stock worth $220,980,000 after purchasing an additional 43,881 shares in the last quarter.

UBS Group Stock Up 2.7 %

UBS Group stock opened at $34.05 on Monday. The business’s 50-day simple moving average is $31.69 and its two-hundred day simple moving average is $31.00. The company has a debt-to-equity ratio of 3.87, a quick ratio of 1.05 and a current ratio of 1.05. The company has a market cap of $109.17 billion, a PE ratio of 28.37 and a beta of 1.15. UBS Group AG has a fifty-two week low of $26.00 and a fifty-two week high of $34.11.

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

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on UBS shares. StockNews.com raised UBS Group from a “hold” rating to a “buy” rating in a research report 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 shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, UBS Group presently 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.