BTC Capital Management Inc. Has $1.22 Million Stake in UBS Group AG (NYSE:UBS)

BTC Capital Management Inc. boosted its holdings in UBS Group AG (NYSE:UBS) by 7.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 40,389 shares of the bank’s stock after buying an additional 2,898 shares during the period. BTC Capital Management Inc.’s holdings in UBS Group were worth $1,217,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of UBS. Commerce Bank increased its holdings in shares of UBS Group by 3.9% in the third quarter. Commerce Bank now owns 9,278 shares of the bank’s stock worth $287,000 after acquiring an additional 346 shares in the last quarter. Rosenberg Matthew Hamilton lifted its stake in UBS Group by 15.6% in the third quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank’s stock valued at $81,000 after buying an additional 355 shares in the last quarter. TD Private Client Wealth LLC boosted its holdings in shares of UBS Group by 3.2% in the third quarter. TD Private Client Wealth LLC now owns 12,813 shares of the bank’s stock valued at $396,000 after buying an additional 394 shares during the period. Legacy Wealth Asset Management LLC raised its holdings in shares of UBS Group by 0.7% during the third quarter. Legacy Wealth Asset Management LLC now owns 60,705 shares of the bank’s stock worth $1,876,000 after acquiring an additional 438 shares during the period. Finally, Continuum Advisory LLC lifted its position in UBS Group by 41.6% in the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock valued at $49,000 after acquiring an additional 450 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on UBS shares. Kepler Capital Markets raised UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. BNP Paribas upgraded UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Finally, StockNews.com downgraded UBS Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

UBS Group Stock Down 0.1 %

Shares of UBS opened at $35.60 on Friday. The firm has a market cap of $114.15 billion, a P/E ratio of 29.67 and a beta of 1.15. The firm’s 50-day simple moving average is $32.29 and its 200 day simple moving average is $31.29. The company has a debt-to-equity ratio of 3.87, a quick ratio of 1.05 and a current ratio of 1.05. UBS Group AG has a 52 week low of $26.00 and a 52 week high of $35.84.

UBS Group (NYSE:UBS) last posted 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. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. The company had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $11.20 billion. During the same quarter last year, the firm earned ($0.24) earnings per share. On average, analysts forecast that UBS Group AG will post 1.62 earnings per share for the current year.

UBS Group 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.