Border to Coast Pensions Partnership Ltd Grows Stake in UBS Group AG (NYSE:UBS)

Border to Coast Pensions Partnership Ltd grew its position in UBS Group AG (NYSE:UBS) by 15.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 2,090,000 shares of the bank’s stock after purchasing an additional 272,789 shares during the quarter. UBS Group makes up 1.3% of Border to Coast Pensions Partnership Ltd’s portfolio, making the stock its 22nd biggest position. Border to Coast Pensions Partnership Ltd’s holdings in UBS Group were worth $63,908,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in UBS. Ritholtz Wealth Management raised its holdings in shares of UBS Group by 16.6% in the fourth quarter. Ritholtz Wealth Management now owns 206,803 shares of the bank’s stock valued at $6,270,000 after acquiring an additional 29,367 shares in the last quarter. Park Avenue Securities LLC increased its position in UBS Group by 21.7% during the 4th quarter. Park Avenue Securities LLC now owns 37,205 shares of the bank’s stock valued at $1,128,000 after purchasing an additional 6,638 shares during the period. Kathmere Capital Management LLC raised its holdings in shares of UBS Group by 3.9% in the 4th quarter. Kathmere Capital Management LLC now owns 34,747 shares of the bank’s stock valued at $1,054,000 after purchasing an additional 1,309 shares in the last quarter. Aprio Wealth Management LLC raised its holdings in shares of UBS Group by 18.6% in the 4th quarter. Aprio Wealth Management LLC now owns 11,383 shares of the bank’s stock valued at $345,000 after purchasing an additional 1,785 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of UBS Group by 1.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 106,019 shares of the bank’s stock worth $3,277,000 after purchasing an additional 1,114 shares during the period.

UBS Group Trading Up 0.8 %

NYSE:UBS opened at $33.19 on Friday. The stock has a market capitalization of $106.41 billion, a price-to-earnings ratio of 27.65 and a beta of 1.15. UBS Group AG has a 52 week low of $26.00 and a 52 week high of $33.34. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 3.87. The firm has a 50 day moving average of $31.66 and a 200 day moving average of $30.95.

UBS Group (NYSE:UBS) last issued its quarterly earnings data on Wednesday, October 30th. The bank reported $0.43 EPS for the quarter, beating the consensus estimate of $0.28 by $0.15. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. The firm had revenue of $19.31 billion during the quarter, compared to analyst estimates of $11.20 billion. During the same quarter in the prior year, the business posted ($0.24) EPS. As a group, sell-side analysts anticipate that UBS Group AG will post 1.53 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on UBS shares. Bank of America assumed coverage on shares of UBS Group in a report on Thursday, September 19th. They set a “neutral” rating on the stock. Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a report on Friday, January 10th. StockNews.com upgraded UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. Finally, BNP Paribas upgraded UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

UBS Group Company 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.