Dorsey & Whitney Trust CO LLC Sells 628 Shares of UBS Group AG (NYSE:UBS)

Dorsey & Whitney Trust CO LLC trimmed its position in UBS Group AG (NYSE:UBSFree Report) by 3.0% during the 4th quarter, HoldingsChannel reports. The firm owned 20,369 shares of the bank’s stock after selling 628 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in UBS Group were worth $629,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in UBS. Savant Capital LLC purchased a new stake in shares of UBS Group during the 3rd quarter worth approximately $205,000. Jump Financial LLC purchased a new stake in UBS Group during the third quarter valued at $203,000. Atria Investments Inc lifted its position in UBS Group by 5.3% during the third quarter. Atria Investments Inc now owns 71,027 shares of the bank’s stock valued at $1,751,000 after purchasing an additional 3,547 shares during the last quarter. Great Lakes Advisors LLC purchased a new position in shares of UBS Group in the 3rd quarter worth $300,000. Finally, Qsemble Capital Management LP bought a new stake in shares of UBS Group in the 3rd quarter worth about $301,000.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on UBS shares. Citigroup downgraded shares of UBS Group from a “buy” rating to a “neutral” rating in a report on Tuesday, April 23rd. Societe Generale raised UBS Group from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. BNP Paribas downgraded UBS Group from an “outperform” rating to a “neutral” rating in a research report on Monday, April 22nd. Finally, Morgan Stanley upgraded UBS Group from an “equal weight” rating to an “overweight” rating in a research report on Friday, March 8th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, UBS Group currently has an average rating of “Hold”.

Read Our Latest Research Report on UBS Group

UBS Group Stock Up 2.1 %

UBS Group stock opened at $31.88 on Friday. The company has a debt-to-equity ratio of 4.00, a current ratio of 1.08 and a quick ratio of 1.08. UBS Group AG has a 1-year low of $18.76 and a 1-year high of $32.13. The company’s 50-day moving average is $29.51 and its 200 day moving average is $29.22.

UBS Group (NYSE:UBSGet Free Report) last issued its quarterly earnings results on Tuesday, May 7th. The bank reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.29. UBS Group had a return on equity of 7.78% and a net margin of 39.78%. The firm had revenue of $12.74 billion for the quarter, compared to the consensus estimate of $12.05 billion. Equities research analysts anticipate that UBS Group AG will post 0.78 earnings per share for the current fiscal year.

UBS Group Company Profile

(Free Report)

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

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