Ethic Inc. Purchases 1,158 Shares of UBS Group AG $UBS

Ethic Inc. lifted its position in shares of UBS Group AG (NYSE:UBS) by 4.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,845 shares of the bank’s stock after purchasing an additional 1,158 shares during the period. Ethic Inc.’s holdings in UBS Group were worth $931,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Werba Rubin Papier Wealth Management lifted its stake in shares of UBS Group by 4.3% in the second quarter. Werba Rubin Papier Wealth Management now owns 8,400 shares of the bank’s stock worth $284,000 after acquiring an additional 347 shares during the period. Dorsey & Whitney Trust CO LLC lifted its stake in shares of UBS Group by 1.7% in the first quarter. Dorsey & Whitney Trust CO LLC now owns 20,902 shares of the bank’s stock worth $640,000 after acquiring an additional 358 shares during the period. First National Bank of Hutchinson lifted its stake in shares of UBS Group by 3.1% in the first quarter. First National Bank of Hutchinson now owns 12,384 shares of the bank’s stock worth $379,000 after acquiring an additional 367 shares during the period. Allianz SE lifted its stake in shares of UBS Group by 3.2% in the first quarter. Allianz SE now owns 12,312 shares of the bank’s stock worth $374,000 after acquiring an additional 380 shares during the period. Finally, Kestra Advisory Services LLC lifted its stake in shares of UBS Group by 0.3% in the first quarter. Kestra Advisory Services LLC now owns 145,380 shares of the bank’s stock worth $4,453,000 after acquiring an additional 386 shares during the period.

UBS Group Price Performance

Shares of UBS opened at $38.07 on Monday. The company has a debt-to-equity ratio of 3.77, a quick ratio of 1.05 and a current ratio of 1.05. UBS Group AG has a 52-week low of $25.75 and a 52-week high of $42.56. The business’s 50 day moving average price is $40.26 and its two-hundred day moving average price is $35.75. The firm has a market cap of $122.05 billion, a PE ratio of 20.14, a price-to-earnings-growth ratio of 0.66 and a beta of 1.18.

UBS Group (NYSE:UBS) last issued its earnings results on Wednesday, July 30th. The bank reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. UBS Group had a return on equity of 7.17% and a net margin of 9.21%.The company had revenue of $11.55 billion for the quarter, compared to analyst estimates of $9.77 billion. During the same period in the prior year, the firm earned $0.34 earnings per share. On average, equities analysts anticipate that UBS Group AG will post 1.9 EPS for the current year.

Wall Street Analyst Weigh In

UBS has been the topic of a number of recent analyst reports. Morgan Stanley reaffirmed an “underweight” rating on shares of UBS Group in a research note on Monday, October 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of UBS Group in a research note on Friday. Bank of America raised UBS Group from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 22nd. Wall Street Zen lowered UBS Group from a “hold” rating to a “sell” rating in a research note on Sunday, September 28th. Finally, Zacks Research raised UBS Group to a “strong-buy” rating in a research note on Friday, August 8th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on 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.