614,963 Shares in UBS Group AG (NYSE:UBS) Acquired by Haven Global Partners LLC

Haven Global Partners LLC bought a new position in shares of UBS Group AG (NYSE:UBS) during the fourth quarter, HoldingsChannel.com reports. The firm bought 614,963 shares of the bank’s stock, valued at approximately $18,817,000. UBS Group accounts for approximately 17.7% of Haven Global Partners LLC’s holdings, making the stock its 2nd biggest holding.

Several other large investors also recently bought and sold shares of UBS. AQR Capital Management LLC raised its position in shares of UBS Group by 226.8% during the 2nd quarter. AQR Capital Management LLC now owns 27,928 shares of the bank’s stock worth $825,000 after purchasing an additional 19,382 shares during the last quarter. NewEdge Advisors LLC raised its stake in UBS Group by 17.1% in the 2nd quarter. NewEdge Advisors LLC now owns 52,792 shares of the bank’s stock valued at $1,559,000 after purchasing an additional 7,711 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in UBS Group by 14.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 29,025 shares of the bank’s stock valued at $857,000 after purchasing an additional 3,762 shares in the last quarter. Point72 Asset Management L.P. purchased a new position in UBS Group in the 2nd quarter valued at about $189,000. Finally, Sanctuary Advisors LLC acquired a new stake in shares of UBS Group during the 2nd quarter worth about $724,000.

Analysts Set New Price Targets

Several research firms have commented on UBS. BNP Paribas raised shares of UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Kepler Capital Markets raised UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. Finally, StockNews.com downgraded UBS Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 22nd. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, UBS Group has an average rating of “Moderate Buy”.

UBS Group Stock Down 0.5 %

Shares of NYSE UBS opened at $35.42 on Friday. The stock has a market capitalization of $113.56 billion, a PE ratio of 29.51 and a beta of 1.15. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 3.87. The firm has a fifty day moving average of $32.37 and a 200-day moving average of $31.32. UBS Group AG has a 52-week low of $26.00 and a 52-week high of $35.84.

UBS Group (NYSE:UBS) last released 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. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. The company had revenue of $19.31 billion for the quarter, compared to the consensus estimate of $11.20 billion. During the same period last year, the business posted ($0.24) EPS. On average, analysts anticipate that UBS Group AG will post 1.62 EPS for the current year.

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.