UBS Group AG (NYSE:UBS) Stock Position Raised by Leuthold Group LLC

Leuthold Group LLC lifted its position in UBS Group AG (NYSE:UBS) by 73.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,384 shares of the bank’s stock after buying an additional 5,669 shares during the quarter. Leuthold Group LLC’s holdings in UBS Group were worth $395,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in UBS Group by 5.3% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 13,240,888 shares of the bank’s stock worth $410,692,000 after acquiring an additional 663,673 shares in the last quarter. Commonwealth Equity Services LLC increased its position in UBS Group by 82.2% during the first quarter. Commonwealth Equity Services LLC now owns 63,148 shares of the bank’s stock worth $1,940,000 after buying an additional 28,494 shares during the last quarter. M&G Plc bought a new position in UBS Group during the first quarter valued at about $173,678,000. O Shaughnessy Asset Management LLC raised its holdings in UBS Group by 9.0% during the first quarter. O Shaughnessy Asset Management LLC now owns 496,213 shares of the bank’s stock valued at $15,246,000 after buying an additional 40,911 shares in the last quarter. Finally, Norden Group LLC acquired a new stake in shares of UBS Group in the first quarter worth about $806,000.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on UBS shares. Bank of America began coverage on UBS Group in a report on Thursday. They set a “neutral” rating on the stock. StockNews.com downgraded UBS Group from a “buy” rating to a “hold” rating in a report on Friday, August 23rd. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, UBS Group has a consensus rating of “Hold”.

UBS Group Trading Up 1.7 %

Shares of NYSE:UBS opened at $30.41 on Friday. The company has a debt-to-equity ratio of 4.07, a quick ratio of 1.06 and a current ratio of 1.06. The stock’s 50-day moving average is $29.95 and its 200-day moving average is $30.02. The company has a market cap of $97.51 billion, a P/E ratio of 3.31 and a beta of 1.15. UBS Group AG has a 52-week low of $23.23 and a 52-week high of $32.13.

UBS Group (NYSE:UBS) last released its 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 firm had revenue of $11.90 billion for the quarter, compared to analyst estimates of $11.26 billion. During the same quarter last year, the firm posted $1.88 EPS. Equities research analysts predict that UBS Group AG will post 1.02 earnings per share 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.