Atomi Financial Group Inc. Increases Holdings in UBS Group AG (NYSE:UBS)

Atomi Financial Group Inc. boosted its position in UBS Group AG (NYSE:UBS) by 22.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,260 shares of the bank’s stock after purchasing an additional 6,673 shares during the period. Atomi Financial Group Inc.’s holdings in UBS Group were worth $1,099,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of UBS. Commerce Bank lifted its stake in shares of UBS Group by 3.9% during the 3rd quarter. Commerce Bank now owns 9,278 shares of the bank’s stock worth $287,000 after purchasing an additional 346 shares during the period. Rosenberg Matthew Hamilton increased its stake in 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 purchasing an additional 355 shares during the last quarter. TD Private Client Wealth LLC lifted its position in UBS Group by 3.2% during the third quarter. TD Private Client Wealth LLC now owns 12,813 shares of the bank’s stock worth $396,000 after buying an additional 394 shares during the period. Legacy Wealth Asset Management LLC boosted its stake in UBS Group by 0.7% in the 3rd quarter. Legacy Wealth Asset Management LLC now owns 60,705 shares of the bank’s stock worth $1,876,000 after buying an additional 438 shares during the last quarter. Finally, Continuum Advisory LLC grew its holdings in UBS Group by 41.6% in the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock valued at $49,000 after buying an additional 450 shares during the period.

UBS Group Trading Down 1.2 %

NYSE UBS opened at $34.67 on Thursday. The firm has a market capitalization of $111.18 billion, a price-to-earnings ratio of 28.89 and a beta of 1.15. 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 $35.10. The company’s 50 day moving average price is $31.78 and its 200 day moving average price is $31.06.

UBS Group (NYSE:UBS) last posted its earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share for the quarter, beating 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 business had revenue of $19.31 billion for the quarter, compared to analyst estimates of $11.20 billion. During the same quarter in the previous year, the business posted ($0.24) EPS. On average, sell-side analysts predict that UBS Group AG will post 1.53 EPS for the current year.

Analyst Ratings Changes

UBS has been the topic of several recent analyst reports. Kepler Capital Markets upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a report on Friday, January 10th. StockNews.com lowered shares of UBS Group from a “buy” rating to a “hold” rating in a report on Wednesday. Finally, BNP Paribas upgraded UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average 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.