UBS Group AG (NYSE:UBS) Shares Bought by Hexagon Capital Partners LLC

Hexagon Capital Partners LLC raised its holdings in UBS Group AG (NYSE:UBS) by 11.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,166 shares of the bank’s stock after buying an additional 420 shares during the period. Hexagon Capital Partners LLC’s holdings in UBS Group were worth $128,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of UBS. Anchor Investment Management LLC acquired a new stake in shares of UBS Group during the fourth quarter worth about $28,000. Opal Wealth Advisors LLC acquired a new stake in shares of UBS Group during the first quarter worth about $42,000. First Horizon Advisors Inc. grew its holdings in shares of UBS Group by 91.2% during the fourth quarter. First Horizon Advisors Inc. now owns 1,543 shares of the bank’s stock worth $48,000 after buying an additional 736 shares during the last quarter. Naples Money Management LLC purchased a new position in shares of UBS Group during the fourth quarter worth about $51,000. Finally, Mather Group LLC. purchased a new position in shares of UBS Group during the first quarter worth about $51,000.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on UBS shares. Morgan Stanley raised UBS Group from an “equal weight” rating to an “overweight” rating in a report on Friday, March 8th. Citigroup lowered UBS Group from a “buy” rating to a “neutral” rating in a report on Tuesday, April 23rd. Finally, BNP Paribas lowered UBS Group from an “outperform” rating to a “neutral” rating in a report on Monday, April 22nd. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

UBS Group Stock Performance

UBS traded up $0.40 during trading on Monday, reaching $29.94. The company’s stock had a trading volume of 1,076,968 shares, compared to its average volume of 2,615,413. UBS Group AG has a 52-week low of $19.25 and a 52-week high of $32.13. The company’s fifty day moving average price is $29.81 and its 200-day moving average price is $29.73. The company has a market capitalization of $96.00 billion, a price-to-earnings ratio of 3.26 and a beta of 1.16. The company has a debt-to-equity ratio of 4.00, a quick ratio of 1.08 and a current ratio of 1.08.

UBS Group (NYSE:UBS) last announced its quarterly earnings data on Tuesday, May 7th. The bank reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.29. UBS Group had a return on equity of 7.78% and a net margin of 39.78%. The company had revenue of $12.74 billion for the quarter, compared to analyst estimates of $12.05 billion. On average, equities analysts forecast that UBS Group AG will post 0.78 earnings per share for the current fiscal 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.