Barometer Capital Management Inc. Invests $1.25 Million in UBS Group AG $UBS

Barometer Capital Management Inc. acquired a new stake in shares of UBS Group AG (NYSE:UBSFree Report) in the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 32,800 shares of the bank’s stock, valued at approximately $1,249,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in UBS. Whipplewood Advisors LLC bought a new stake in UBS Group in the 1st quarter worth approximately $25,000. MidFirst Bank bought a new position in shares of UBS Group during the 4th quarter valued at $30,000. Navalign LLC bought a new position in shares of UBS Group during the 4th quarter valued at $32,000. Larson Financial Group LLC boosted its stake in shares of UBS Group by 118.4% in the 3rd quarter. Larson Financial Group LLC now owns 821 shares of the bank’s stock worth $34,000 after buying an additional 445 shares during the last quarter. Finally, JPL Wealth Management LLC bought a new stake in shares of UBS Group in the third quarter worth $37,000.

UBS Group News Summary

Here are the key news stories impacting UBS Group this week:

Analyst Upgrades and Downgrades

A number of analysts recently commented on UBS shares. Morgan Stanley reiterated an “underweight” rating on shares of UBS Group in a research report on Thursday, July 2nd. Royal Bank Of Canada restated an “outperform” rating on shares of UBS Group in a research note on Thursday, May 7th. Zacks Research raised shares of UBS Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 13th. Barclays upgraded shares of UBS Group from an “underweight” rating to an “equal weight” rating in a research note on Monday, April 20th. Finally, Wall Street Zen raised shares of UBS Group from a “hold” rating to a “buy” rating in a report on Saturday. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $60.30.

Check Out Our Latest Stock Report on UBS Group

UBS Group Price Performance

Shares of UBS Group stock opened at $52.35 on Wednesday. UBS Group AG has a one year low of $35.94 and a one year high of $55.15. The stock’s fifty day moving average is $49.33 and its 200 day moving average is $45.08. The stock has a market cap of $163.53 billion, a P/E ratio of 18.76, a P/E/G ratio of 0.80 and a beta of 1.19. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.19 and a current ratio of 0.85.

UBS Group (NYSE:UBSGet Free Report) last released its quarterly earnings results on Wednesday, April 29th. The bank reported $0.94 earnings per share (EPS) 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 business had revenue of $13.64 billion during the quarter, compared to analyst estimates of $13.16 billion. Sell-side analysts anticipate that UBS Group AG will post 3.51 earnings per share for the current year.

UBS Group Company Profile

(Free Report)

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.

Featured Stories

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Institutional Ownership by Quarter for UBS Group (NYSE:UBS)

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