UBS Group AG $UBS Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its holdings in shares of UBS Group AG (NYSE:UBS) by 20.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 45,665 shares of the bank’s stock after selling 12,010 shares during the period. Yousif Capital Management LLC’s holdings in UBS Group were worth $1,872,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in UBS. Ieq Capital LLC boosted its stake in shares of UBS Group by 2.9% during the first quarter. Ieq Capital LLC now owns 19,064 shares of the bank’s stock valued at $584,000 after acquiring an additional 536 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of UBS Group by 1.9% in the 1st quarter. The Manufacturers Life Insurance Company now owns 1,438,990 shares of the bank’s stock valued at $43,901,000 after purchasing an additional 27,213 shares in the last quarter. Nomura Holdings Inc. acquired a new position in UBS Group during the first quarter valued at approximately $252,000. Quarry LP purchased a new stake in UBS Group during the 1st quarter worth $37,000. Finally, Aprio Wealth Management LLC boosted its position in shares of UBS Group by 15.0% in the first quarter. Aprio Wealth Management LLC now owns 13,088 shares of the bank’s stock worth $401,000 after buying an additional 1,705 shares during the period.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on UBS shares. Zacks Research upgraded UBS Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 17th. BNP Paribas lowered shares of UBS Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. Keefe, Bruyette & Woods cut shares of UBS Group from a “hold” rating to a “moderate sell” rating in a research report on Friday, November 7th. Morgan Stanley reissued an “underweight” rating on shares of UBS Group in a report on Monday, November 24th. Finally, Wall Street Zen upgraded UBS Group from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, UBS Group presently has a consensus rating of “Moderate Buy” and an average price target of $60.30.

UBS Group Price Performance

UBS opened at $46.53 on Tuesday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 3.69. The company’s 50-day moving average price is $40.37 and its 200 day moving average price is $38.89. UBS Group AG has a fifty-two week low of $25.75 and a fifty-two week high of $47.31. The firm has a market cap of $145.35 billion, a price-to-earnings ratio of 20.96, a price-to-earnings-growth ratio of 0.57 and a beta of 1.13.

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

UBS Group Company Profile

UBS Group AG is a Swiss multinational financial services firm that provides a broad range of banking and capital markets services to private, institutional and corporate clients. Headquartered in Zurich, UBS operates as a universal bank with a primary focus on wealth management, asset management, investment banking and retail and commercial banking in Switzerland. The firm serves high-net-worth and ultra-high-net-worth individuals, pension funds, corporations and institutional investors through a global network of offices.

Key business activities include global wealth management—offering financial planning, investment advisory, discretionary portfolio management and custody services—alongside asset management products for institutional and retail investors.