Gradient Investments LLC Reduces Position in UBS Group AG (NYSE:UBS)

Gradient Investments LLC decreased its position in UBS Group AG (NYSE:UBS) by 6.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,882 shares of the bank’s stock after selling 1,107 shares during the period. Gradient Investments LLC’s holdings in UBS Group were worth $451,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UBS. Commerce Bank grew its position in UBS Group by 3.9% during the third quarter. Commerce Bank now owns 9,278 shares of the bank’s stock valued at $287,000 after buying an additional 346 shares during the period. Rosenberg Matthew Hamilton boosted its stake in shares of UBS Group by 15.6% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank’s stock worth $81,000 after acquiring an additional 355 shares in the last quarter. TD Private Client Wealth LLC grew its position 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 valued at $396,000 after acquiring an additional 394 shares during the period. Legacy Wealth Asset Management LLC increased its stake in shares of UBS Group by 0.7% in the 3rd quarter. Legacy Wealth Asset Management LLC now owns 60,705 shares of the bank’s stock valued at $1,876,000 after purchasing an additional 438 shares in the last quarter. Finally, Continuum Advisory LLC raised its holdings in UBS Group by 41.6% in the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock worth $49,000 after purchasing an additional 450 shares during the period.

UBS Group Trading Up 1.1 %

Shares of UBS stock opened at $35.39 on Friday. UBS Group AG has a fifty-two week low of $26.00 and a fifty-two week high of $35.42. The company has a debt-to-equity ratio of 3.87, a quick ratio of 1.05 and a current ratio of 1.05. The stock’s fifty day moving average is $31.99 and its two-hundred day moving average is $31.15. The firm has a market capitalization of $113.49 billion, a P/E ratio of 29.50 and a beta of 1.15.

UBS Group (NYSE:UBS) last posted its quarterly earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.15. UBS Group had a net margin of 5.13% and a return on equity of 4.69%. The firm had revenue of $19.31 billion for the quarter, compared to the consensus estimate of $11.20 billion. During the same period last year, the firm posted ($0.24) earnings per share. Research analysts expect that UBS Group AG will post 1.53 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on UBS. Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. StockNews.com lowered shares of UBS Group from a “buy” rating to a “hold” rating in a report on Wednesday. Finally, BNP Paribas raised shares of UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

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.