RMR Wealth Builders Has $216,000 Holdings in UBS Group AG (NYSE:UBS)

RMR Wealth Builders reduced its stake in shares of UBS Group AG (NYSE:UBS) by 21.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,980 shares of the bank’s stock after selling 1,918 shares during the quarter. RMR Wealth Builders’ holdings in UBS Group were worth $216,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of UBS. FMR LLC increased its holdings in UBS Group by 37.8% in the 3rd quarter. FMR LLC now owns 51,432,723 shares of the bank’s stock valued at $1,271,454,000 after buying an additional 14,104,407 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in UBS Group by 9.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 45,949,099 shares of the bank’s stock valued at $1,424,902,000 after buying an additional 3,840,395 shares during the period. Morgan Stanley increased its holdings in UBS Group by 3.6% in the 3rd quarter. Morgan Stanley now owns 11,168,903 shares of the bank’s stock valued at $275,313,000 after buying an additional 389,244 shares during the period. Causeway Capital Management LLC increased its holdings in UBS Group by 1.1% in the 3rd quarter. Causeway Capital Management LLC now owns 8,998,675 shares of the bank’s stock valued at $223,144,000 after buying an additional 95,547 shares during the period. Finally, Royal London Asset Management Ltd. grew its holdings in shares of UBS Group by 20.0% in the 3rd quarter. Royal London Asset Management Ltd. now owns 6,847,829 shares of the bank’s stock worth $168,799,000 after purchasing an additional 1,140,312 shares during the last quarter.

UBS Group Trading Down 2.4 %

NYSE:UBS traded down $0.71 during mid-day trading on Wednesday, reaching $28.83. 3,135,041 shares of the company were exchanged, compared to its average volume of 2,913,159. UBS Group AG has a 12 month low of $18.76 and a 12 month high of $32.13. The company has a fifty day moving average of $29.55 and a 200 day moving average of $28.47. The company has a quick ratio of 1.09, a current ratio of 1.10 and a debt-to-equity ratio of 4.23.

UBS Group (NYSE:UBS) last released its earnings results on Tuesday, February 6th. The bank reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.18). UBS Group had a net margin of 43.70% and a return on equity of 7.56%. The business had revenue of $10.86 billion for the quarter, compared to analyst estimates of $12.06 billion. During the same quarter in the previous year, the company posted $0.50 earnings per share. The business’s revenue for the quarter was up 35.2% on a year-over-year basis. As a group, equities analysts predict that UBS Group AG will post 0.78 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on UBS shares. Societe Generale raised shares of UBS Group from a “hold” rating to a “buy” rating in a report on Wednesday, February 7th. BNP Paribas lowered shares of UBS Group from an “outperform” rating to a “neutral” rating in a report on Monday, April 22nd. Citigroup lowered shares of UBS Group from a “buy” rating to a “neutral” rating in a report on Tuesday, April 23rd. Finally, Morgan Stanley raised shares of UBS Group from an “equal weight” rating to an “overweight” rating in a report on Friday, March 8th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

UBS Group Profile

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.