UBS Group AG (NYSE:UBS) Shares Sold by Simmons Bank

Simmons Bank trimmed its holdings in UBS Group AG (NYSE:UBS) by 8.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,769 shares of the bank’s stock after selling 2,234 shares during the quarter. Simmons Bank’s holdings in UBS Group were worth $766,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Nisa Investment Advisors LLC bought a new stake in shares of UBS Group in the 2nd quarter worth approximately $41,000. RFP Financial Group LLC boosted its holdings in UBS Group by 58.3% during the first quarter. RFP Financial Group LLC now owns 1,429 shares of the bank’s stock worth $44,000 after buying an additional 526 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its position in UBS Group by 566.4% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock worth $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. Finally, Opal Wealth Advisors LLC lifted its position in shares of UBS Group by 56.0% during the 2nd quarter. Opal Wealth Advisors LLC now owns 2,125 shares of the bank’s stock valued at $63,000 after acquiring an additional 763 shares during the last quarter.

UBS Group Trading Down 1.4 %

UBS Group stock opened at $31.61 on Thursday. UBS Group AG has a 52 week low of $24.38 and a 52 week high of $33.34. The company has a debt-to-equity ratio of 3.87, a quick ratio of 1.05 and a current ratio of 1.05. The firm has a market capitalization of $101.36 billion, a price-to-earnings ratio of 26.34 and a beta of 1.15. The company has a 50 day moving average price of $31.09 and a 200 day moving average price of $30.46.

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

Wall Street Analyst Weigh In

UBS has been the topic of a number of recent research reports. StockNews.com upgraded UBS Group from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Bank of America assumed coverage on UBS Group in a research note on Thursday, September 19th. They issued a “neutral” rating on the stock. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

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.