Mirabella Financial Services LLP Makes New $3.70 Million Investment in UBS Group AG $UBS

Mirabella Financial Services LLP acquired a new position in shares of UBS Group AG (NYSE:UBS) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 109,430 shares of the bank’s stock, valued at approximately $3,701,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in UBS. Cetera Investment Advisers grew its stake in shares of UBS Group by 32.3% during the first quarter. Cetera Investment Advisers now owns 80,090 shares of the bank’s stock worth $2,453,000 after purchasing an additional 19,541 shares during the period. LPL Financial LLC boosted its position in UBS Group by 15.7% during the first quarter. LPL Financial LLC now owns 226,246 shares of the bank’s stock valued at $6,930,000 after purchasing an additional 30,617 shares during the last quarter. Arkadios Wealth Advisors acquired a new stake in shares of UBS Group in the 1st quarter valued at approximately $304,000. PNC Financial Services Group Inc. grew its holdings in UBS Group by 16.6% during the first quarter. PNC Financial Services Group Inc. now owns 119,926 shares of the bank’s stock worth $3,673,000 after purchasing an additional 17,066 shares during the period. Finally, Blair William & Co. IL boosted its stake in shares of UBS Group by 18.4% during the 1st quarter. Blair William & Co. IL now owns 9,441 shares of the bank’s stock worth $289,000 after acquiring an additional 1,465 shares during the period.

UBS Group Stock Performance

Shares of UBS stock opened at $38.82 on Friday. The stock has a market capitalization of $124.46 billion, a P/E ratio of 17.48, a PEG ratio of 0.63 and a beta of 1.13. UBS Group AG has a 12 month low of $25.75 and a 12 month high of $42.56. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 3.69. The firm’s 50 day moving average is $38.89 and its 200 day moving average is $37.37.

UBS Group (NYSE:UBS) last posted its quarterly earnings data on Wednesday, October 29th. The bank reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.28. UBS Group had a return on equity of 8.31% and a net margin of 11.02%.The company had revenue of $12.76 billion during the quarter, compared to analyst estimates of $9.68 billion. During the same quarter last year, the company earned $0.43 earnings per share. The firm’s quarterly revenue was up 4.3% on a year-over-year basis. On average, sell-side analysts anticipate that UBS Group AG will post 1.9 earnings per share for the current year.

Analysts Set New Price Targets

UBS has been the subject of a number of recent research reports. Wall Street Zen raised shares of UBS Group from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. BNP Paribas lowered UBS Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. Weiss Ratings reissued a “buy (b)” rating on shares of UBS Group in a report on Wednesday, October 8th. Morgan Stanley restated an “underweight” rating on shares of UBS Group in a research report on Monday, November 24th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of UBS Group in a research note on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

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.