MML Investors Services LLC Trims Position in UBS Group AG (NYSE:UBS)

MML Investors Services LLC decreased its holdings in shares of UBS Group AG (NYSE:UBS) by 0.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 87,008 shares of the bank’s stock after selling 335 shares during the period. MML Investors Services LLC’s holdings in UBS Group were worth $2,689,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Nisa Investment Advisors LLC acquired a new position in shares of UBS Group in the second quarter valued at approximately $41,000. Benjamin F. Edwards & Company Inc. increased its stake in UBS Group by 566.4% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock valued at $49,000 after buying an additional 1,416 shares during the period. Ashton Thomas Private Wealth LLC purchased a new position in UBS Group during the 2nd quarter worth $50,000. FSC Wealth Advisors LLC acquired a new stake in shares of UBS Group in the 3rd quarter worth $71,000. Finally, Rosenberg Matthew Hamilton boosted its holdings in shares of UBS Group by 15.6% in the third quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank’s stock valued at $81,000 after acquiring an additional 355 shares in the last quarter.

Analyst Ratings Changes

Several research analysts recently issued reports on UBS shares. Bank of America began coverage on shares of UBS Group in a report on Thursday, September 19th. They set a “neutral” rating for the company. StockNews.com upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

UBS Group Price Performance

Shares of NYSE UBS opened at $31.86 on Monday. The company has a debt-to-equity ratio of 3.87, a quick ratio of 1.05 and a current ratio of 1.05. UBS Group AG has a one year low of $26.00 and a one year high of $33.34. The company’s fifty day moving average is $32.01 and its two-hundred day moving average is $30.89. The firm has a market capitalization of $102.16 billion, a P/E ratio of 26.55 and a beta of 1.14.

UBS Group (NYSE:UBS) last issued its earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.15. UBS Group had a net margin of 5.13% and a return on equity of 4.69%. The company had revenue of $19.31 billion for the quarter, compared to analyst estimates of $11.20 billion. During the same period in the prior year, the business posted ($0.24) earnings per share. Analysts forecast that UBS Group AG will post 1.73 EPS for the current fiscal year.

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.