Sienna Gestion Makes New $4.62 Million Investment in UBS Group AG (NYSE:UBS)

Sienna Gestion acquired a new stake in shares of UBS Group AG (NYSE:UBS) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 156,978 shares of the bank’s stock, valued at approximately $4,618,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in UBS. Vanguard Personalized Indexing Management LLC raised its holdings in UBS Group by 9.2% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 147,915 shares of the bank’s stock worth $4,349,000 after acquiring an additional 12,443 shares during the last quarter. Mesirow Financial Investment Management Inc. raised its stake in shares of UBS Group by 4.3% in the second quarter. Mesirow Financial Investment Management Inc. now owns 10,511 shares of the bank’s stock worth $311,000 after purchasing an additional 437 shares during the last quarter. Angeles Investment Advisors LLC bought a new position in shares of UBS Group during the second quarter valued at $212,000. Oppenheimer Asset Management Inc. boosted its position in shares of UBS Group by 8.3% during the second quarter. Oppenheimer Asset Management Inc. now owns 18,009 shares of the bank’s stock valued at $532,000 after buying an additional 1,386 shares during the last quarter. Finally, Thoroughbred Financial Services LLC purchased a new position in UBS Group in the 2nd quarter worth about $473,000.

UBS Group Stock Performance

UBS stock opened at $29.91 on Thursday. The company has a market cap of $95.90 billion, a P/E ratio of 3.26 and a beta of 1.15. The company has a debt-to-equity ratio of 4.07, a current ratio of 1.06 and a quick ratio of 1.06. UBS Group AG has a 1 year low of $23.23 and a 1 year high of $32.13. The stock’s fifty day moving average price is $29.96 and its 200-day moving average price is $30.02.

UBS Group (NYSE:UBS) last released its quarterly earnings results on Wednesday, August 14th. The bank reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.22. UBS Group had a return on equity of 2.14% and a net margin of 2.31%. The business had revenue of $11.90 billion during the quarter, compared to the consensus estimate of $11.26 billion. During the same period in the previous year, the company posted $1.88 EPS. On average, equities analysts forecast that UBS Group AG will post 1.02 earnings per share for the current year.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of UBS Group from a “buy” rating to a “hold” rating in a report on Friday, August 23rd. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

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.