UBS Group AG (NYSE:UBS) Shares Sold by Trivant Custom Portfolio Group LLC

Trivant Custom Portfolio Group LLC trimmed its position in shares of UBS Group AG (NYSE:UBS) by 2.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,061 shares of the bank’s stock after selling 859 shares during the period. Trivant Custom Portfolio Group LLC’s holdings in UBS Group were worth $972,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Versant Capital Management Inc purchased a new position in UBS Group during the 4th quarter valued at about $40,000. Continuum Advisory LLC lifted its holdings in UBS Group by 41.6% during the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock worth $49,000 after buying an additional 450 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its position in shares of UBS Group by 566.4% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock worth $49,000 after acquiring an additional 1,416 shares in the last quarter. FSC Wealth Advisors LLC purchased a new position in shares of UBS Group in the 3rd quarter valued at about $71,000. Finally, Rosenberg Matthew Hamilton lifted its stake in UBS Group by 15.6% during the third quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank’s stock worth $81,000 after purchasing an additional 355 shares during the last quarter.

UBS Group Price Performance

UBS Group stock opened at $34.05 on Friday. The business has a 50 day simple moving average of $31.66 and a 200-day simple moving average of $30.97. UBS Group AG has a 12 month low of $26.00 and a 12 month high of $34.11. The company has a debt-to-equity ratio of 3.87, a current ratio of 1.05 and a quick ratio of 1.05. The stock has a market capitalization of $109.17 billion, a PE ratio of 28.37 and a beta of 1.15.

UBS Group (NYSE:UBS) last announced its quarterly earnings data on Wednesday, October 30th. The bank reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.15. The company had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $11.20 billion. UBS Group had a net margin of 5.13% and a return on equity of 4.69%. During the same quarter in the prior year, the firm earned ($0.24) EPS. Equities analysts predict that UBS Group AG will post 1.53 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have commented on UBS shares. Kepler Capital Markets upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, January 10th. StockNews.com upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. Finally, BNP Paribas upgraded shares of UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company has an average 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.