Natixis Advisors LLC Buys 258,058 Shares of UBS Group AG (NYSE:UBS)

Natixis Advisors LLC boosted its stake in shares of UBS Group AG (NYSE:UBS) by 5.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,207,913 shares of the bank’s stock after buying an additional 258,058 shares during the quarter. Natixis Advisors LLC owned approximately 0.16% of UBS Group worth $160,977,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC boosted its holdings in shares of UBS Group by 9.0% in the first quarter. O Shaughnessy Asset Management LLC now owns 496,213 shares of the bank’s stock valued at $15,246,000 after purchasing an additional 40,911 shares during the period. Toronto Dominion Bank raised its position in UBS Group by 286.3% during the 2nd quarter. Toronto Dominion Bank now owns 272,309 shares of the bank’s stock valued at $8,044,000 after purchasing an additional 201,809 shares in the last quarter. Legal & General Group Plc lifted its holdings in shares of UBS Group by 11,313.2% in the 2nd quarter. Legal & General Group Plc now owns 41,389,783 shares of the bank’s stock worth $1,218,317,000 after buying an additional 41,027,134 shares during the period. Cetera Investment Advisers grew its position in shares of UBS Group by 206.3% during the 1st quarter. Cetera Investment Advisers now owns 65,029 shares of the bank’s stock worth $1,998,000 after buying an additional 43,800 shares in the last quarter. Finally, AQR Capital Management LLC increased its stake in shares of UBS Group by 226.8% during the second quarter. AQR Capital Management LLC now owns 27,928 shares of the bank’s stock valued at $825,000 after buying an additional 19,382 shares during the period.

UBS Group Trading Down 0.2 %

Shares of NYSE:UBS opened at $31.63 on Friday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.87. The company has a market capitalization of $101.42 billion, a PE ratio of 26.36 and a beta of 1.15. UBS Group AG has a 12-month low of $25.26 and a 12-month high of $33.34. The business’s fifty day simple moving average is $31.25 and its 200-day simple moving average is $30.50.

UBS Group (NYSE:UBS) last announced its earnings results on Wednesday, October 30th. The bank reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.15. UBS Group had a net margin of 5.13% and a return on equity of 4.69%. The business had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $11.20 billion. During the same period in the previous year, the company posted ($0.24) earnings per share. As a group, equities research analysts predict that UBS Group AG will post 1.73 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently weighed in on UBS. StockNews.com raised shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. Bank of America started coverage on shares of UBS Group in a research report on Thursday, September 19th. They issued 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

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.