Versant Capital Management Inc Invests $40,000 in UBS Group AG (NYSE:UBS)

Versant Capital Management Inc purchased a new stake in shares of UBS Group AG (NYSE:UBSFree Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 1,315 shares of the bank’s stock, valued at approximately $40,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Commerce Bank grew its stake in shares of 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 last quarter. Rosenberg Matthew Hamilton grew its position in UBS Group by 15.6% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank’s stock valued at $81,000 after acquiring an additional 355 shares during the last quarter. TD Private Client Wealth LLC increased its stake in UBS Group by 3.2% in the third quarter. TD Private Client Wealth LLC now owns 12,813 shares of the bank’s stock worth $396,000 after purchasing an additional 394 shares during the period. Parallel Advisors LLC lifted its position in shares of UBS Group by 2.6% during the second quarter. Parallel Advisors LLC now owns 16,552 shares of the bank’s stock worth $489,000 after purchasing an additional 420 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. boosted its stake in shares of UBS Group by 4.3% during the second quarter. Mesirow Financial Investment Management Inc. now owns 10,511 shares of the bank’s stock valued at $311,000 after purchasing an additional 437 shares during the period.

UBS Group Trading Up 2.0 %

NYSE UBS opened at $32.06 on Tuesday. UBS Group AG has a one year low of $26.00 and a one year high of $33.34. 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 company has a market capitalization of $102.80 billion, a price-to-earnings ratio of 26.72 and a beta of 1.15. The company’s 50-day simple moving average is $31.56 and its two-hundred day simple moving average is $30.83.

UBS Group (NYSE:UBSGet Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The bank reported $0.43 earnings per share (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 net margin of 5.13% and a return on equity of 4.69%. During the same period last year, the company posted ($0.24) earnings per share. Equities analysts forecast that UBS Group AG will post 1.73 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on UBS shares. Bank of America began coverage on shares of UBS Group in a report on Thursday, September 19th. They set a “neutral” rating for the company. BNP Paribas upgraded UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday. Finally, StockNews.com raised UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, UBS Group has an average rating of “Moderate Buy”.

Get Our Latest Stock Report on UBS Group

UBS Group Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for UBS Group (NYSE:UBS)

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