Zhang Financial LLC Has $1.06 Million Position in UBS Group AG (NYSE:UBS)

Zhang Financial LLC grew its position in shares of UBS Group AG (NYSE:UBS) by 48.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 34,337 shares of the bank’s stock after purchasing an additional 11,255 shares during the quarter. Zhang Financial LLC’s holdings in UBS Group were worth $1,055,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in UBS. Syntal Capital Partners LLC bought a new position in UBS Group during the 3rd quarter worth approximately $515,000. U.S. Capital Wealth Advisors LLC acquired a new position in shares of UBS Group in the 4th quarter valued at about $362,000. NatWest Group plc increased its holdings in UBS Group by 43.1% in the fourth quarter. NatWest Group plc now owns 74,947 shares of the bank’s stock worth $2,316,000 after purchasing an additional 22,562 shares in the last quarter. Levin Capital Strategies L.P. lifted its stake in UBS Group by 7.2% in the fourth quarter. Levin Capital Strategies L.P. now owns 1,155,312 shares of the bank’s stock valued at $35,699,000 after buying an additional 78,067 shares during the period. Finally, WCM Investment Management LLC grew its position in shares of UBS Group by 6,797.0% during the 4th quarter. WCM Investment Management LLC now owns 4,635,670 shares of the bank’s stock worth $143,567,000 after buying an additional 4,568,457 shares during the period.

Wall Street Analyst Weigh In

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

UBS Group Stock Down 1.1 %

UBS Group stock traded down $0.34 during midday trading on Wednesday, reaching $30.06. The stock had a trading volume of 989,750 shares, compared to its average volume of 2,796,078. The company has a debt-to-equity ratio of 4.00, a quick ratio of 1.08 and a current ratio of 1.08. UBS Group AG has a 12 month low of $18.76 and a 12 month high of $32.13. The company has a fifty day moving average price of $29.57 and a two-hundred day moving average price of $28.91.

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.