West Family Investments Inc. Invests $418,000 in UBS Group AG (NYSE:UBS)

West Family Investments Inc. acquired a new stake in UBS Group AG (NYSE:UBS) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 13,537 shares of the bank’s stock, valued at approximately $418,000.

A number of other institutional investors also recently modified their holdings of UBS. Nisa Investment Advisors LLC bought a new position in UBS Group in the second quarter valued at $41,000. Benjamin F. Edwards & Company Inc. boosted its holdings in shares of 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 last quarter. Ashton Thomas Private Wealth LLC bought a new position in shares of UBS Group in the second quarter valued at $50,000. Opal Wealth Advisors LLC increased its holdings in UBS Group by 56.0% during the second quarter. Opal Wealth Advisors LLC now owns 2,125 shares of the bank’s stock worth $63,000 after buying an additional 763 shares during the last quarter. Finally, FSC Wealth Advisors LLC bought a new stake in UBS Group during the third quarter worth $71,000.

Analyst Upgrades and Downgrades

UBS has been the subject of a number of analyst reports. Bank of America began coverage on shares of UBS Group in a research report on Thursday, September 19th. They issued a “neutral” rating for the company. StockNews.com raised UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

UBS Group Trading Down 0.1 %

Shares of UBS stock opened at $31.85 on Wednesday. UBS Group AG has a 12-month low of $25.94 and a 12-month high of $33.34. The company has a market capitalization of $102.12 billion, a PE ratio of 26.54 and a beta of 1.15. The firm has a 50 day moving average price of $31.37 and a two-hundred day moving average price of $30.63. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 3.87.

UBS Group (NYSE:UBS) last released its quarterly 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 return on equity of 4.69% and a net margin of 5.13%. The business had revenue of $19.31 billion during the quarter, compared to analysts’ expectations of $11.20 billion. During the same period last year, the firm posted ($0.24) EPS. As a group, analysts predict that UBS Group AG will post 1.73 earnings per share for the current 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.