Quantbot Technologies LP Invests $4.32 Million in UBS Group AG (NYSE:UBS)

Quantbot Technologies LP purchased a new position in UBS Group AG (NYSE:UBS) during the first quarter, HoldingsChannel reports. The firm purchased 140,576 shares of the bank’s stock, valued at approximately $4,318,000.

Several other institutional investors also recently bought and sold shares of the company. Morgan Stanley lifted its stake in shares of UBS Group by 3.6% in the third quarter. Morgan Stanley now owns 11,168,903 shares of the bank’s stock worth $275,313,000 after buying an additional 389,244 shares in the last quarter. American Century Companies Inc. boosted its stake in UBS Group by 12.2% during the 3rd quarter. American Century Companies Inc. now owns 854,142 shares of the bank’s stock valued at $21,055,000 after purchasing an additional 93,081 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its stake in UBS Group by 19.3% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 29,916 shares of the bank’s stock valued at $737,000 after purchasing an additional 4,839 shares during the last quarter. Anchor Investment Management LLC bought a new stake in shares of UBS Group in the 4th quarter worth $28,000. Finally, Park National Corp OH purchased a new position in shares of UBS Group in the fourth quarter worth $203,000.

UBS Group Stock Performance

UBS Group stock traded up $0.19 during mid-day trading on Friday, reaching $31.22. 1,169,060 shares of the stock traded hands, compared to its average volume of 2,521,838. The stock has a market capitalization of $100.10 billion, a PE ratio of 3.41 and a beta of 1.16. The company has a debt-to-equity ratio of 4.00, a current ratio of 1.08 and a quick ratio of 1.08. The business’s 50-day moving average is $30.36 and its 200-day moving average is $29.75. UBS Group AG has a 12-month low of $20.85 and a 12-month high of $32.13.

UBS Group (NYSE:UBS) last issued its quarterly earnings data on Tuesday, May 7th. The bank reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.29. The firm had revenue of $12.74 billion for 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%. As a group, sell-side analysts predict that UBS Group AG will post 0.78 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. BNP Paribas cut UBS Group from an “outperform” rating to a “neutral” rating in a research report on Monday, April 22nd. Citigroup lowered shares of UBS Group from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 23rd. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold”.

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.