UBS Group AG (NYSE:UBS) Shares Bought by KCS Wealth Advisory

KCS Wealth Advisory grew its stake in shares of UBS Group AG (NYSE:UBS) by 8.8% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 34,537 shares of the bank’s stock after buying an additional 2,805 shares during the quarter. KCS Wealth Advisory’s holdings in UBS Group were worth $418,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA raised its holdings in shares of UBS Group by 1.8% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 160,907,868 shares of the bank’s stock valued at $1,992,039,000 after purchasing an additional 2,785,445 shares during the period. Dodge & Cox bought a new stake in shares of UBS Group during the third quarter worth about $1,666,752,000. Vanguard Group Inc increased its position in shares of UBS Group by 2.2% during the third quarter. Vanguard Group Inc now owns 99,498,515 shares of the bank’s stock worth $1,565,112,000 after acquiring an additional 2,120,152 shares in the last quarter. Norges Bank bought a new stake in shares of UBS Group during the fourth quarter worth about $1,173,773,000. Finally, Fisher Asset Management LLC increased its position in shares of UBS Group by 1.6% during the fourth quarter. Fisher Asset Management LLC now owns 48,827,266 shares of the bank’s stock worth $604,482,000 after acquiring an additional 773,209 shares in the last quarter. 37.02% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms have recently commented on UBS. FIG Partners downgraded shares of UBS Group from a “buy” rating to a “hold” rating in a research report on Friday, April 26th. Royal Bank of Canada reaffirmed a “hold” rating on shares of UBS Group in a research report on Wednesday, January 23rd. Zacks Investment Research downgraded shares of UBS Group from a “hold” rating to a “sell” rating in a research report on Monday, May 6th. Credit Suisse Group reaffirmed an “outperform” rating on shares of UBS Group in a research report on Thursday, February 21st. Finally, Keefe, Bruyette & Woods downgraded shares of UBS Group from an “outperform” rating to a “market perform” rating in a research report on Tuesday, March 26th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold”.

Shares of UBS Group stock traded down $0.13 on Wednesday, reaching $11.91. 1,646,403 shares of the company traded hands, compared to its average volume of 3,117,493. UBS Group AG has a 52 week low of $11.60 and a 52 week high of $16.68. The company has a market capitalization of $46.41 billion, a P/E ratio of 8.45, a P/E/G ratio of 1.08 and a beta of 1.18. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.62.

UBS Group (NYSE:UBS) last announced its quarterly earnings results on Thursday, April 25th. The bank reported $0.30 EPS for the quarter. The company had revenue of $5.71 billion for the quarter. UBS Group had a net margin of 12.50% and a return on equity of 8.57%. Equities analysts expect that UBS Group AG will post 1.36 EPS for the current fiscal year.

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UBS Group Profile

UBS Group AG, together with its subsidiaries, provides financial advice and solutions worldwide. It operates through four divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, and Investment Bank. The Global Wealth Management division offers investment advisory and solutions to private clients, and high and ultra high net worth clients.

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

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