UBS Group AG $UBS is RPg Family Wealth Advisory LLC’s 9th Largest Position

RPg Family Wealth Advisory LLC increased its holdings in UBS Group AG (NYSE:UBS) by 36.9% in the 4th quarter, Holdings Channel reports. The fund owned 212,110 shares of the bank’s stock after purchasing an additional 57,191 shares during the period. UBS Group makes up about 2.2% of RPg Family Wealth Advisory LLC’s portfolio, making the stock its 9th biggest position. RPg Family Wealth Advisory LLC’s holdings in UBS Group were worth $9,823,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of UBS. AQR Capital Management LLC lifted its stake in UBS Group by 73.9% in the 1st quarter. AQR Capital Management LLC now owns 62,912 shares of the bank’s stock worth $1,927,000 after acquiring an additional 26,728 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in UBS Group by 18.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,518 shares of the bank’s stock worth $137,000 after acquiring an additional 708 shares in the last quarter. NewEdge Advisors LLC lifted its stake in UBS Group by 3.1% in the 1st quarter. NewEdge Advisors LLC now owns 41,772 shares of the bank’s stock worth $1,279,000 after acquiring an additional 1,267 shares in the last quarter. Focus Partners Wealth lifted its stake in UBS Group by 11.6% in the 1st quarter. Focus Partners Wealth now owns 14,111 shares of the bank’s stock worth $432,000 after acquiring an additional 1,469 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in UBS Group by 62.0% during the first quarter. Geneos Wealth Management Inc. now owns 1,497 shares of the bank’s stock valued at $46,000 after purchasing an additional 573 shares during the last quarter.

UBS Group Price Performance

UBS opened at $48.93 on Friday. The stock has a market cap of $152.84 billion, a price-to-earnings ratio of 17.54, a PEG ratio of 0.82 and a beta of 1.19. UBS Group AG has a 1 year low of $30.36 and a 1 year high of $49.36. The company has a current ratio of 0.85, a quick ratio of 1.19 and a debt-to-equity ratio of 1.23. The stock has a fifty day moving average price of $44.69 and a 200 day moving average price of $43.45.

UBS Group (NYSE:UBS) last posted its earnings results on Wednesday, April 29th. The bank reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.09. UBS Group had a return on equity of 10.05% and a net margin of 12.66%.The company had revenue of $13.64 billion for the quarter, compared to analyst estimates of $13.16 billion. Analysts forecast that UBS Group AG will post 3.27 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Weiss Ratings cut UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Royal Bank Of Canada reissued an “outperform” rating on shares of UBS Group in a research report on Thursday, May 7th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of UBS Group in a research report on Wednesday, May 13th. Morgan Stanley reissued an “underweight” rating on shares of UBS Group in a research report on Thursday, April 23rd. Finally, Citigroup reissued a “neutral” rating on shares of UBS Group in a research report on Thursday, April 23rd. Four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $60.30.

UBS Group 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.