Sanctuary Advisors LLC Has $1.10 Million Position in UBS Group AG (NYSE:UBS)

Sanctuary Advisors LLC grew its position in shares of UBS Group AG (NYSE:UBS) by 30.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 34,515 shares of the bank’s stock after purchasing an additional 8,069 shares during the quarter. Sanctuary Advisors LLC’s holdings in UBS Group were worth $1,098,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Legal & General Group Plc boosted its position in UBS Group by 11,313.2% during the 2nd quarter. Legal & General Group Plc now owns 41,389,783 shares of the bank’s stock worth $1,218,317,000 after buying an additional 41,027,134 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of UBS Group by 11.3% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 54,060,137 shares of the bank’s stock valued at $1,591,242,000 after acquiring an additional 5,508,422 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of UBS Group by 6.1% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 57,349,524 shares of the bank’s stock worth $1,771,713,000 after purchasing an additional 3,289,387 shares during the period. Susquehanna International Securities Ltd. grew its stake in shares of UBS Group by 162.3% in the second quarter. Susquehanna International Securities Ltd. now owns 5,016,425 shares of the bank’s stock worth $148,185,000 after purchasing an additional 3,103,747 shares during the last quarter. Finally, Wellington Management Group LLP increased its holdings in UBS Group by 20.2% in the third quarter. Wellington Management Group LLP now owns 13,708,623 shares of the bank’s stock valued at $423,504,000 after purchasing an additional 2,307,033 shares during the period.

Analyst Upgrades and Downgrades

Several brokerages have commented on UBS. Bank of America assumed coverage on UBS Group in a report on Thursday, September 19th. They set a “neutral” rating on the stock. StockNews.com raised 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 assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

UBS Group Stock Performance

Shares of UBS opened at $29.78 on Friday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.87. The firm’s fifty day simple moving average is $31.91 and its two-hundred day simple moving average is $30.86. UBS Group AG has a 12 month low of $26.00 and a 12 month high of $33.34. The stock has a market capitalization of $95.49 billion, a P/E ratio of 24.82 and a beta of 1.14.

UBS Group (NYSE:UBS) last announced its earnings results on Wednesday, October 30th. The bank reported $0.43 EPS for the quarter, beating the consensus estimate of $0.28 by $0.15. The company had revenue of $19.31 billion for the quarter, compared to analyst estimates of $11.20 billion. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. During the same quarter in the prior year, the company earned ($0.24) EPS. As a group, analysts predict that UBS Group AG will post 1.73 EPS for the current year.

UBS Group Company 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.