Value Partners Investments Inc. Sells 1,025 Shares of UBS Group AG $UBS

Value Partners Investments Inc. decreased its stake in shares of UBS Group AG (NYSE:UBS) by 0.4% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 259,856 shares of the bank’s stock after selling 1,025 shares during the quarter. UBS Group comprises about 0.7% of Value Partners Investments Inc.’s portfolio, making the stock its 25th biggest holding. Value Partners Investments Inc.’s holdings in UBS Group were worth $8,789,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC increased its position in shares of UBS Group by 18.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 124,395 shares of the bank’s stock worth $3,810,000 after purchasing an additional 19,229 shares during the last quarter. GAMMA Investing LLC increased its position in shares of UBS Group by 2,963.0% during the 1st quarter. GAMMA Investing LLC now owns 25,607 shares of the bank’s stock worth $836,000 after purchasing an additional 24,771 shares during the last quarter. Waverly Advisors LLC acquired a new position in shares of UBS Group during the 4th quarter worth approximately $534,000. Bessemer Group Inc. increased its position in shares of UBS Group by 8.5% during the 1st quarter. Bessemer Group Inc. now owns 63,761 shares of the bank’s stock worth $1,954,000 after purchasing an additional 4,984 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its position in shares of UBS Group by 19.0% during the 1st quarter. Farther Finance Advisors LLC now owns 2,653 shares of the bank’s stock worth $81,000 after purchasing an additional 423 shares during the last quarter.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Wedbush reaffirmed a “neutral” rating on shares of UBS Group in a research report on Tuesday, May 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of UBS Group in a research report on Thursday, August 14th. Morgan Stanley lowered UBS Group from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, June 18th. Royal Bank Of Canada reiterated an “outperform” rating on shares of UBS Group in a research note on Wednesday, May 21st. Finally, Jefferies Financial Group upgraded UBS Group from a “hold” rating to a “buy” rating in a research note on Tuesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

UBS Group Stock Performance

Shares of NYSE UBS opened at $40.72 on Friday. The stock has a 50 day moving average of $38.50 and a 200-day moving average of $33.91. The company has a market capitalization of $130.57 billion, a P/E ratio of 21.54, a P/E/G ratio of 0.72 and a beta of 1.21. UBS Group AG has a 12 month low of $25.75 and a 12 month high of $40.92. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.77.

UBS Group (NYSE:UBS) last released its quarterly earnings results on Wednesday, July 30th. The bank reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.02. The business had revenue of $11.55 billion during the quarter, compared to the consensus estimate of $9.77 billion. UBS Group had a return on equity of 7.17% and a net margin of 9.21%.During the same period in the previous year, the company posted $0.34 EPS. As a group, equities research analysts predict that UBS Group AG will post 1.9 EPS for the current year.

About UBS Group

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.