Callan Capital LLC Acquires 2,200 Shares of UBS Group AG (NYSE:UBS)

Callan Capital LLC raised its holdings in shares of UBS Group AG (NYSE:UBS) by 15.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,455 shares of the bank’s stock after buying an additional 2,200 shares during the period. Callan Capital LLC’s holdings in UBS Group were worth $486,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. BNP Paribas Financial Markets grew its position in UBS Group by 25.6% during the 4th quarter. BNP Paribas Financial Markets now owns 50,414 shares of the bank’s stock worth $1,558,000 after acquiring an additional 10,285 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of UBS Group by 5.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 24,509 shares of the bank’s stock worth $757,000 after purchasing an additional 1,354 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in shares of UBS Group by 68.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 116,238 shares of the bank’s stock worth $3,592,000 after buying an additional 47,287 shares during the period. Coldstream Capital Management Inc. bought a new stake in UBS Group during the 4th quarter valued at $403,000. Finally, D.A. Davidson & CO. purchased a new stake in UBS Group during the 4th quarter valued at $303,000.

UBS Group Stock Down 1.6 %

Shares of NYSE UBS opened at $29.90 on Friday. The firm has a fifty day simple moving average of $29.92 and a two-hundred day simple moving average of $30.03. The firm has a market capitalization of $95.87 billion, a PE ratio of 3.26 and a beta of 1.15. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 4.07. UBS Group AG has a 12 month low of $23.23 and a 12 month high of $32.13.

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, topping analysts’ consensus estimates of $0.12 by $0.22. The company had revenue of $11.90 billion during the quarter, compared to the consensus estimate of $11.26 billion. UBS Group had a net margin of 2.31% and a return on equity of 2.14%. During the same period in the prior year, the firm earned $1.88 earnings per share. Equities analysts expect that UBS Group AG will post 1.02 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on UBS shares. Bank of America initiated coverage on shares of UBS Group in a research report on Thursday. They issued 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 given a buy rating to the company. According to data from MarketBeat.com, UBS Group 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.