Janus Henderson Group PLC Sells 115,617 Shares of UBS Group AG (NYSE:UBS)

Janus Henderson Group PLC reduced its position in shares of UBS Group AG (NYSE:UBS) by 5.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,951,232 shares of the bank’s stock after selling 115,617 shares during the period. Janus Henderson Group PLC’s holdings in UBS Group were worth $59,694,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in UBS. Timber Creek Capital Management LLC raised its stake in shares of UBS Group by 0.3% in the fourth quarter. Timber Creek Capital Management LLC now owns 117,613 shares of the bank’s stock worth $3,566,000 after acquiring an additional 311 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of UBS Group by 0.5% in the fourth quarter. Integrated Wealth Concepts LLC now owns 65,889 shares of the bank’s stock worth $1,998,000 after acquiring an additional 320 shares during the last quarter. Allworth Financial LP raised its stake in shares of UBS Group by 6.4% in the fourth quarter. Allworth Financial LP now owns 5,528 shares of the bank’s stock worth $168,000 after acquiring an additional 334 shares during the last quarter. Independent Advisor Alliance raised its stake in shares of UBS Group by 0.4% in the fourth quarter. Independent Advisor Alliance now owns 85,975 shares of the bank’s stock worth $2,607,000 after acquiring an additional 339 shares during the last quarter. Finally, Lindbrook Capital LLC raised its stake in shares of UBS Group by 3.2% in the fourth quarter. Lindbrook Capital LLC now owns 11,247 shares of the bank’s stock worth $341,000 after acquiring an additional 345 shares during the last quarter.

UBS Group Trading Up 1.1%

UBS opened at $32.52 on Wednesday. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.06 and a quick ratio of 1.05. The company has a market cap of $104.27 billion, a price-to-earnings ratio of 21.39 and a beta of 1.15. The firm has a 50 day simple moving average of $30.39 and a 200 day simple moving average of $31.83. UBS Group AG has a fifty-two week low of $25.75 and a fifty-two week high of $35.84.

UBS Group (NYSE:UBS) last posted its quarterly earnings results on Wednesday, April 30th. The bank reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.09. The business had revenue of $11.90 billion during the quarter, compared to the consensus estimate of $10.19 billion. UBS Group had a net margin of 6.93% and a return on equity of 5.93%. On average, sell-side analysts anticipate that UBS Group AG will post 1.9 earnings per share for the current year.

Analyst Upgrades and Downgrades

UBS has been the subject of a number of research analyst reports. StockNews.com downgraded shares of UBS Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. DZ Bank upgraded shares of UBS Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 6th. Bank of America downgraded shares of UBS Group from a “neutral” rating to an “underperform” rating in a research note on Thursday, March 27th. Keefe, Bruyette & Woods raised shares of UBS Group from a “moderate sell” rating to a “hold” rating in a research note on Thursday, April 17th. Finally, Deutsche Bank Aktiengesellschaft raised shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Monday, February 10th. One research analyst has rated the stock with a sell rating, three have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

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.