UBS Group AG (NYSE:UBS) Holdings Boosted by Compton Wealth Advisory Group LLC

Compton Wealth Advisory Group LLC lifted its stake in shares of UBS Group AG (NYSE:UBS) by 79.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 22,591 shares of the bank’s stock after purchasing an additional 10,000 shares during the quarter. Compton Wealth Advisory Group LLC’s holdings in UBS Group were worth $694,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in UBS. Anchor Investment Management LLC bought a new stake in UBS Group in the fourth quarter valued at $28,000. Cary Street Partners Investment Advisory LLC boosted its stake in UBS Group by 61.8% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 1,340 shares of the bank’s stock valued at $33,000 after purchasing an additional 512 shares during the period. Opal Wealth Advisors LLC acquired a new position in UBS Group during the 1st quarter valued at about $42,000. First Horizon Advisors Inc. grew its position in UBS Group by 91.2% in the 4th quarter. First Horizon Advisors Inc. now owns 1,543 shares of the bank’s stock worth $48,000 after purchasing an additional 736 shares during the last quarter. Finally, Naples Money Management LLC acquired a new stake in shares of UBS Group in the fourth quarter valued at approximately $51,000.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on UBS. BNP Paribas downgraded UBS Group from an “outperform” rating to a “neutral” rating in a research report on Monday, April 22nd. Citigroup cut UBS Group from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 23rd. Finally, Morgan Stanley raised UBS Group from an “equal weight” rating to an “overweight” rating in a report on Friday, March 8th. Four 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, the company currently has a consensus rating of “Hold”.

UBS Group Stock Performance

Shares of NYSE:UBS traded down $0.96 during trading hours on Friday, hitting $30.24. 3,257,638 shares of the company’s stock traded hands, compared to its average volume of 1,617,509. The company has a debt-to-equity ratio of 4.00, a quick ratio of 1.08 and a current ratio of 1.08. The company’s fifty day simple moving average is $29.65 and its two-hundred day simple moving average is $29.69. UBS Group AG has a 52 week low of $19.25 and a 52 week high of $32.13.

UBS Group (NYSE:UBS) last issued its earnings results on Tuesday, May 7th. The bank reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.29. The firm had revenue of $12.74 billion during the quarter, compared to analysts’ expectations of $12.05 billion. UBS Group had a net margin of 39.78% and a return on equity of 7.78%. Research analysts forecast that UBS Group AG will post 0.78 EPS for the current year.

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.