MassMutual Private Wealth & Trust FSB Buys 978 Shares of UBS Group AG (NYSE:UBS)

MassMutual Private Wealth & Trust FSB raised its stake in UBS Group AG (NYSE:UBS) by 23.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,226 shares of the bank’s stock after buying an additional 978 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in UBS Group were worth $158,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of UBS. Benjamin F. Edwards & Company Inc. lifted its stake in UBS Group by 566.4% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock valued at $49,000 after buying an additional 1,416 shares in the last quarter. Sei Investments Co. lifted its stake in UBS Group by 0.8% in the second quarter. Sei Investments Co. now owns 188,230 shares of the bank’s stock valued at $5,560,000 after buying an additional 1,536 shares in the last quarter. Cubist Systematic Strategies LLC raised its holdings in shares of UBS Group by 2,887.8% in the second quarter. Cubist Systematic Strategies LLC now owns 197,013 shares of the bank’s stock valued at $5,820,000 after purchasing an additional 190,419 shares during the last quarter. Toronto Dominion Bank raised its holdings in shares of UBS Group by 286.3% in the second quarter. Toronto Dominion Bank now owns 272,309 shares of the bank’s stock valued at $8,044,000 after purchasing an additional 201,809 shares during the last quarter. Finally, AQR Capital Management LLC raised its holdings in shares of UBS Group by 226.8% in the second quarter. AQR Capital Management LLC now owns 27,928 shares of the bank’s stock valued at $825,000 after purchasing an additional 19,382 shares during the last quarter.

UBS Group Price Performance

Shares of UBS opened at $34.99 on Friday. The company has a market cap of $112.20 billion, a price-to-earnings ratio of 29.16 and a beta of 1.15. UBS Group AG has a 1-year low of $26.00 and a 1-year high of $35.10. The company’s fifty day simple moving average is $31.84 and its 200 day simple moving average is $31.09. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.87.

UBS Group (NYSE:UBS) last issued its earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.15. The business had revenue of $19.31 billion for the quarter, compared to the consensus estimate 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 in the previous year, the company earned ($0.24) earnings per share. On average, research analysts forecast that UBS Group AG will post 1.53 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on UBS. StockNews.com downgraded shares of UBS Group from a “buy” rating to a “hold” rating in a report on Wednesday. BNP Paribas upgraded shares of UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. Finally, Kepler Capital Markets upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a report on Friday, January 10th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, UBS Group presently has an average rating of “Moderate Buy”.

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.