Hilltop National Bank Makes New Investment in UBS Group AG $UBS

Hilltop National Bank bought a new stake in shares of UBS Group AG (NYSE:UBS) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 3,530 shares of the bank’s stock, valued at approximately $119,000.

Other large investors also recently bought and sold shares of the company. Dorsey & Whitney Trust CO LLC grew its holdings in UBS Group by 1.7% in the first quarter. Dorsey & Whitney Trust CO LLC now owns 20,902 shares of the bank’s stock valued at $640,000 after purchasing an additional 358 shares during the period. First National Bank of Hutchinson lifted its position in shares of UBS Group by 3.1% during the 1st quarter. First National Bank of Hutchinson now owns 12,384 shares of the bank’s stock valued at $379,000 after buying an additional 367 shares in the last quarter. Allianz SE lifted its position in shares of UBS Group by 3.2% during the 1st quarter. Allianz SE now owns 12,312 shares of the bank’s stock valued at $374,000 after buying an additional 380 shares in the last quarter. Kestra Advisory Services LLC grew its stake in UBS Group by 0.3% in the 1st quarter. Kestra Advisory Services LLC now owns 145,380 shares of the bank’s stock valued at $4,453,000 after acquiring an additional 386 shares during the period. Finally, Impact Capital Partners LLC increased its holdings in UBS Group by 4.1% in the 2nd quarter. Impact Capital Partners LLC now owns 9,994 shares of the bank’s stock worth $338,000 after acquiring an additional 394 shares in the last quarter.

UBS Group Stock Up 2.0%

UBS stock opened at $41.14 on Friday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.77. The firm has a 50-day moving average of $40.01 and a two-hundred day moving average of $34.76. UBS Group AG has a 12 month low of $25.75 and a 12 month high of $42.56. The company has a market cap of $131.91 billion, a price-to-earnings ratio of 21.77, a PEG ratio of 0.67 and a beta of 1.18.

UBS Group (NYSE:UBS) last posted its quarterly earnings results on Wednesday, July 30th. The bank reported $0.72 earnings per share (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 prior year, the business earned $0.34 earnings per share. As a group, analysts forecast that UBS Group AG will post 1.9 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Morgan Stanley downgraded shares of UBS Group from an “equal weight” rating to an “underweight” rating in a report on Wednesday, June 18th. Zacks Research raised shares of UBS Group to a “strong-buy” rating in a research note on Friday, August 8th. Wall Street Zen cut UBS Group from a “hold” rating to a “sell” rating in a report on Sunday, September 28th. Bank of America raised UBS Group from an “underperform” rating to a “neutral” rating in a report on Tuesday, July 22nd. Finally, Citigroup restated a “neutral” rating on shares of UBS Group in a research report on Wednesday, June 11th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently 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.