Sage Mountain Advisors LLC Has $358,000 Stake in UBS Group AG $UBS

Sage Mountain Advisors LLC decreased its position in shares of UBS Group AG (NYSE:UBS) by 2.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,591 shares of the bank’s stock after selling 319 shares during the quarter. Sage Mountain Advisors LLC’s holdings in UBS Group were worth $358,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Maseco LLP acquired a new position in UBS Group during the 2nd quarter worth about $28,000. Quarry LP acquired a new position in UBS Group during the 1st quarter worth about $37,000. Berbice Capital Management LLC lifted its holdings in UBS Group by 44.4% during the 1st quarter. Berbice Capital Management LLC now owns 1,300 shares of the bank’s stock worth $40,000 after buying an additional 400 shares during the period. Geneos Wealth Management Inc. lifted its holdings in UBS Group by 62.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,497 shares of the bank’s stock worth $46,000 after buying an additional 573 shares during the period. Finally, Ameritas Advisory Services LLC acquired a new position in UBS Group during the 2nd quarter worth about $65,000.

Wall Street Analyst Weigh In

UBS has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of UBS Group in a report on Thursday, August 14th. Zacks Research raised UBS Group to a “strong-buy” rating in a research report on Friday, August 8th. Bank of America raised UBS Group from an “underperform” rating to a “neutral” rating in a research report on Tuesday, July 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of UBS Group in a research report on Friday. Finally, Wall Street Zen lowered UBS Group from a “hold” rating to a “sell” rating in a research report on Sunday, September 28th. Two 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 stock. According to data from MarketBeat.com, UBS Group currently has an average rating of “Moderate Buy”.

UBS Group Stock Performance

Shares of UBS Group stock opened at $38.07 on Monday. UBS Group AG has a one year low of $25.75 and a one year high of $42.56. The firm has a market capitalization of $122.05 billion, a price-to-earnings ratio of 20.14, a PEG ratio of 0.66 and a beta of 1.18. The business has a 50-day simple moving average of $40.26 and a 200 day simple moving average of $35.75. The company has a debt-to-equity ratio of 3.77, a current ratio of 1.05 and a quick ratio of 1.05.

UBS Group (NYSE:UBS) last issued its earnings results on Wednesday, July 30th. The bank reported $0.72 EPS for the quarter, beating 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 business had revenue of $11.55 billion during the quarter, compared to analyst estimates of $9.77 billion. During the same period in the previous year, the company posted $0.34 EPS. On average, research analysts anticipate that UBS Group AG will post 1.9 earnings per share for the current fiscal year.

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.