U.S. Capital Wealth Advisors LLC acquired a new position in UBS Group AG (NYSE:UBS – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 11,705 shares of the bank’s stock, valued at approximately $362,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. M&T Bank Corp raised its position in shares of UBS Group by 690.4% in the 4th quarter. M&T Bank Corp now owns 178,575 shares of the bank’s stock worth $5,522,000 after acquiring an additional 155,983 shares in the last quarter. Levin Capital Strategies L.P. lifted its position in shares of UBS Group by 7.2% during the fourth quarter. Levin Capital Strategies L.P. now owns 1,155,312 shares of the bank’s stock valued at $35,699,000 after buying an additional 78,067 shares during the last quarter. SRS Capital Advisors Inc. bought a new stake in shares of UBS Group in the 4th quarter valued at about $134,000. Natixis Advisors L.P. grew its position in shares of UBS Group by 8.7% in the 4th quarter. Natixis Advisors L.P. now owns 4,444,729 shares of the bank’s stock worth $137,342,000 after buying an additional 356,742 shares during the last quarter. Finally, First Horizon Advisors Inc. raised its stake in shares of UBS Group by 91.2% during the 4th quarter. First Horizon Advisors Inc. now owns 1,543 shares of the bank’s stock worth $48,000 after acquiring an additional 736 shares in the last quarter.
UBS Group Price Performance
NYSE:UBS opened at $29.54 on Wednesday. The firm’s fifty day moving average is $29.55 and its two-hundred day moving average is $28.47. The company has a quick ratio of 1.09, a current ratio of 1.10 and a debt-to-equity ratio of 4.23. UBS Group AG has a one year low of $18.76 and a one year high of $32.13.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on UBS shares. Societe Generale upgraded UBS Group from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. Citigroup downgraded UBS Group from a “buy” rating to a “neutral” rating in a research report on Tuesday, April 23rd. Morgan Stanley raised UBS Group from an “equal weight” rating to an “overweight” rating in a research report on Friday, March 8th. Finally, BNP Paribas lowered UBS Group from an “outperform” rating to a “neutral” rating in a report on Monday, April 22nd. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold”.
Get Our Latest Report on UBS Group
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.
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