Caprock Group LLC Acquires 671 Shares of UBS Group AG (NYSE:UBS)

Caprock Group LLC grew its holdings in UBS Group AG (NYSE:UBS) by 6.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 10,676 shares of the bank’s stock after purchasing an additional 671 shares during the period. Caprock Group LLC’s holdings in UBS Group were worth $330,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Drive Wealth Management LLC boosted its holdings in shares of UBS Group by 3.2% during the 2nd quarter. Drive Wealth Management LLC now owns 11,100 shares of the bank’s stock valued at $328,000 after acquiring an additional 349 shares in the last quarter. Rosenberg Matthew Hamilton boosted its holdings in shares of UBS Group by 15.6% during 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 in the last quarter. Parallel Advisors LLC boosted its holdings in shares of UBS Group by 2.6% during the 2nd quarter. Parallel Advisors LLC now owns 16,552 shares of the bank’s stock valued at $489,000 after acquiring an additional 420 shares in the last quarter. Traveka Wealth LLC boosted its holdings in shares of UBS Group by 6.2% during the 2nd quarter. Traveka Wealth LLC now owns 7,466 shares of the bank’s stock valued at $221,000 after acquiring an additional 435 shares in the last quarter. Finally, Mesirow Financial Investment Management Inc. boosted its holdings in shares of UBS Group by 4.3% during the 2nd quarter. Mesirow Financial Investment Management Inc. now owns 10,511 shares of the bank’s stock valued at $311,000 after acquiring an additional 437 shares in the last quarter.

UBS Group Stock Up 0.2 %

Shares of UBS opened at $31.80 on Friday. The company has a market capitalization of $101.96 billion, a PE ratio of 26.50 and a beta of 1.15. UBS Group AG has a 12 month low of $26.00 and a 12 month high of $33.34. The stock’s 50-day moving average price is $31.52 and its two-hundred day moving average price is $30.68. 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 posted its quarterly earnings data on Wednesday, October 30th. The bank reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.15. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. The firm had revenue of $19.31 billion during the quarter, compared to analyst estimates of $11.20 billion. During the same period last year, the company posted ($0.24) EPS. On average, analysts anticipate that UBS Group AG will post 1.73 EPS for the current year.

Wall Street Analyst Weigh In

UBS has been the topic of several recent research reports. StockNews.com raised UBS Group from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Bank of America began coverage on UBS Group in a report on Thursday, September 19th. They set a “neutral” rating on the stock. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, UBS Group currently has a consensus rating of “Moderate Buy”.

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.