Dynamic Technology Lab Private Ltd Makes New $1.73 Million Investment in UBS Group AG (NYSE:UBS)

Dynamic Technology Lab Private Ltd bought a new stake in UBS Group AG (NYSE:UBS) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 56,012 shares of the bank’s stock, valued at approximately $1,731,000.

Other large investors also recently made changes to their positions in the company. Nisa Investment Advisors LLC bought a new stake in UBS Group in the 2nd quarter worth about $41,000. Benjamin F. Edwards & Company Inc. increased its position in shares of UBS Group by 566.4% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock valued at $49,000 after acquiring an additional 1,416 shares during the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in shares of UBS Group during the second quarter valued at approximately $50,000. Opal Wealth Advisors LLC lifted its holdings in UBS Group by 56.0% during the second quarter. Opal Wealth Advisors LLC now owns 2,125 shares of the bank’s stock worth $63,000 after acquiring an additional 763 shares during the period. Finally, FSC Wealth Advisors LLC purchased a new position in UBS Group in the third quarter worth $71,000.

Analysts Set New Price Targets

UBS has been the subject of several research analyst reports. Bank of America began coverage on UBS Group in a research report on Thursday, September 19th. They set a “neutral” rating for the company. StockNews.com upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

UBS Group Stock Performance

Shares of UBS opened at $32.04 on Tuesday. UBS Group AG has a 1 year low of $26.00 and a 1 year high of $33.34. The company has a debt-to-equity ratio of 3.87, a current ratio of 1.05 and a quick ratio of 1.05. The stock’s fifty day moving average price is $31.57 and its two-hundred day moving average price is $30.72. The firm has a market cap of $102.73 billion, a PE ratio of 26.70 and a beta of 1.15.

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