12,661 Shares in UBS Group AG (NYSE:UBS) Purchased by Oddo BHF Asset Management Sas

Oddo BHF Asset Management Sas acquired a new stake in UBS Group AG (NYSE:UBS) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 12,661 shares of the bank’s stock, valued at approximately $391,000.

A number of other hedge funds also recently made changes to their positions in the business. Inspire Trust Co. N.A. raised its stake in UBS Group by 36.6% in the 3rd quarter. Inspire Trust Co. N.A. now owns 104,417 shares of the bank’s stock valued at $3,228,000 after acquiring an additional 28,000 shares during the period. Wilmington Savings Fund Society FSB bought a new position in shares of UBS Group in the third quarter valued at about $365,000. Sanctuary Advisors LLC lifted its stake in shares of UBS Group by 30.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 34,515 shares of the bank’s stock worth $1,098,000 after buying an additional 8,069 shares during the last quarter. TD Private Client Wealth LLC boosted its holdings in shares of UBS Group by 3.2% during the 3rd quarter. TD Private Client Wealth LLC now owns 12,813 shares of the bank’s stock worth $396,000 after buying an additional 394 shares during the period. Finally, Coldstream Capital Management Inc. grew its stake in UBS Group by 8.7% in the 3rd quarter. Coldstream Capital Management Inc. now owns 24,863 shares of the bank’s stock valued at $769,000 after buying an additional 1,980 shares during the last quarter.

UBS Group Stock Performance

NYSE UBS opened at $31.86 on Friday. The firm has a 50-day moving average price of $32.01 and a two-hundred day moving average price of $30.89. UBS Group AG has a 12-month low of $26.00 and a 12-month high of $33.34. The company has a market capitalization of $102.16 billion, a P/E ratio of 26.55 and a beta of 1.14. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 3.87.

UBS Group (NYSE:UBS) last issued its quarterly earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.15. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. The business had revenue of $19.31 billion during the quarter, compared to analysts’ expectations of $11.20 billion. During the same period in the previous year, the company posted ($0.24) earnings per share. Analysts anticipate that UBS Group AG will post 1.73 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Bank of America initiated coverage on shares of UBS Group in a research report on Thursday, September 19th. They set a “neutral” rating for the company. StockNews.com upgraded UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

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.