UBS Group AG (NYSE:UBS) Holdings Raised by Trexquant Investment LP

Trexquant Investment LP boosted its holdings in shares of UBS Group AG (NYSE:UBS) by 877.3% in the 1st quarter, Holdings Channel reports. The firm owned 197,219 shares of the bank’s stock after buying an additional 177,039 shares during the period. Trexquant Investment LP’s holdings in UBS Group were worth $2,388,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in UBS. JFS Wealth Advisors LLC increased its holdings in shares of UBS Group by 9.7% during the first quarter. JFS Wealth Advisors LLC now owns 9,472 shares of the bank’s stock worth $115,000 after buying an additional 840 shares in the last quarter. Oppenheimer & Co. Inc. increased its holdings in shares of UBS Group by 4.8% during the fourth quarter. Oppenheimer & Co. Inc. now owns 19,725 shares of the bank’s stock worth $244,000 after buying an additional 901 shares in the last quarter. Parallel Advisors LLC increased its holdings in shares of UBS Group by 22.0% during the first quarter. Parallel Advisors LLC now owns 5,093 shares of the bank’s stock worth $62,000 after buying an additional 919 shares in the last quarter. Comerica Securities Inc. increased its holdings in shares of UBS Group by 5.3% during the fourth quarter. Comerica Securities Inc. now owns 19,717 shares of the bank’s stock worth $244,000 after buying an additional 996 shares in the last quarter. Finally, Enterprise Financial Services Corp increased its holdings in shares of UBS Group by 33.1% during the first quarter. Enterprise Financial Services Corp now owns 4,088 shares of the bank’s stock worth $49,000 after buying an additional 1,016 shares in the last quarter. Hedge funds and other institutional investors own 30.48% of the company’s stock.

Several research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of UBS Group from a “sell” rating to a “hold” rating in a report on Wednesday, May 15th. Credit Suisse Group restated an “outperform” rating on shares of UBS Group in a report on Thursday, February 21st. Keefe, Bruyette & Woods downgraded UBS Group from an “outperform” rating to a “market perform” rating in a report on Tuesday, March 26th. Finally, FIG Partners downgraded UBS Group from a “buy” rating to a “hold” rating in a report on Friday, April 26th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. UBS Group currently has a consensus rating of “Hold”.

NYSE UBS traded down $0.18 on Wednesday, reaching $11.74. The company had a trading volume of 54,625 shares, compared to its average volume of 3,052,200. The company has a market capitalization of $45.37 billion, a price-to-earnings ratio of 8.34, a PEG ratio of 1.15 and a beta of 1.25. UBS Group AG has a fifty-two week low of $11.32 and a fifty-two week high of $16.68. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.62.

UBS Group (NYSE:UBS) last posted its quarterly earnings data on Thursday, April 25th. The bank reported $0.30 earnings per share for the quarter. The business had revenue of $5.71 billion during the quarter. UBS Group had a return on equity of 8.57% and a net margin of 12.50%. Research analysts expect that UBS Group AG will post 1.25 earnings per share for the current fiscal year.

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About UBS Group

UBS Group AG, together with its subsidiaries, provides financial advice and solutions worldwide. It operates through four divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, and Investment Bank. The Global Wealth Management division offers investment advisory and solutions to private clients, and high and ultra high net worth clients.

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Institutional Ownership by Quarter for UBS Group (NYSE:UBS)

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