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

Simmons Bank increased its position in shares of UBS Group AG (NYSE:UBS) by 6.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 70,844 shares of the bank’s stock after acquiring an additional 4,104 shares during the period. Simmons Bank’s holdings in UBS Group were worth $2,189,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Allworth Financial LP boosted its holdings in UBS Group by 8.7% in the 4th quarter. Allworth Financial LP now owns 4,514 shares of the bank’s stock valued at $139,000 after purchasing an additional 361 shares during the period. Global Retirement Partners LLC lifted its stake in shares of UBS Group by 24.0% in the fourth quarter. Global Retirement Partners LLC now owns 2,080 shares of the bank’s stock valued at $61,000 after buying an additional 402 shares during the period. Drive Wealth Management LLC grew its position in UBS Group by 4.3% during the fourth quarter. Drive Wealth Management LLC now owns 10,302 shares of the bank’s stock worth $318,000 after buying an additional 429 shares in the last quarter. Massmutual Trust Co. FSB ADV grew its position in UBS Group by 16.2% during the fourth quarter. Massmutual Trust Co. FSB ADV now owns 3,160 shares of the bank’s stock worth $98,000 after buying an additional 440 shares in the last quarter. Finally, Keel Point LLC increased its stake in UBS Group by 5.0% during the fourth quarter. Keel Point LLC now owns 9,389 shares of the bank’s stock valued at $290,000 after acquiring an additional 445 shares during the period.

Analyst Ratings Changes

A number of research firms have recently issued reports on UBS. Citigroup cut UBS Group from a “buy” rating to a “neutral” rating in a research report on Tuesday, April 23rd. Morgan Stanley upgraded shares of UBS Group from an “equal weight” rating to an “overweight” rating in a research note on Friday, March 8th. Societe Generale raised shares of UBS Group from a “hold” rating to a “buy” rating in a report on Wednesday, February 7th. Finally, BNP Paribas cut UBS Group from an “outperform” rating to a “neutral” rating in a report on Monday, April 22nd. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

UBS Group Stock Performance

UBS stock traded up $1.94 during midday trading on Tuesday, reaching $29.54. 5,554,298 shares of the company’s stock traded hands, compared to its average volume of 2,910,627. The company has a 50-day simple moving average of $29.55 and a two-hundred day simple moving average of $28.47. UBS Group AG has a 1-year low of $18.76 and a 1-year high of $32.13. The company has a current ratio of 1.10, a quick ratio of 1.09 and a debt-to-equity ratio of 4.23.

UBS Group (NYSE:UBS) last released its quarterly earnings results on Tuesday, February 6th. The bank reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.18). UBS Group had a net margin of 43.70% and a return on equity of 7.56%. The business had revenue of $10.86 billion for the quarter, compared to analyst estimates of $12.06 billion. During the same period in the prior year, the business earned $0.50 earnings per share. The company’s revenue for the quarter was up 35.2% on a year-over-year basis. As a group, research analysts predict that UBS Group AG will post 0.78 EPS for the current fiscal 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.