Bayesian Capital Management LP Makes New $211,000 Investment in UBS Group AG (NYSE:UBS)

Bayesian Capital Management LP bought a new stake in shares of UBS Group AG (NYSE:UBS) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,949 shares of the bank’s stock, valued at approximately $211,000.

A number of other institutional investors have also recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC raised its position in UBS Group by 1.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 106,019 shares of the bank’s stock valued at $3,277,000 after purchasing an additional 1,114 shares during the period. Aprio Wealth Management LLC lifted its position in UBS Group by 18.6% in the fourth quarter. Aprio Wealth Management LLC now owns 11,383 shares of the bank’s stock worth $345,000 after buying an additional 1,785 shares during the last quarter. Kathmere Capital Management LLC boosted its stake in UBS Group by 3.9% during the fourth quarter. Kathmere Capital Management LLC now owns 34,747 shares of the bank’s stock worth $1,054,000 after buying an additional 1,309 shares during the period. Park Avenue Securities LLC increased its position in UBS Group by 21.7% during the fourth quarter. Park Avenue Securities LLC now owns 37,205 shares of the bank’s stock valued at $1,128,000 after acquiring an additional 6,638 shares during the last quarter. Finally, Ritholtz Wealth Management lifted its holdings in shares of UBS Group by 16.6% in the 4th quarter. Ritholtz Wealth Management now owns 206,803 shares of the bank’s stock worth $6,270,000 after acquiring an additional 29,367 shares during the last quarter.

UBS Group Stock Performance

Shares of UBS Group stock opened at $31.07 on Friday. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 3.76. The stock’s fifty day moving average price is $30.48 and its 200-day moving average price is $31.83. The firm has a market cap of $99.61 billion, a P/E ratio of 20.44 and a beta of 1.15. UBS Group AG has a 12 month low of $25.75 and a 12 month high of $35.84.

UBS Group (NYSE:UBS) last posted its earnings results on Wednesday, April 30th. The bank reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.09. UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The business had revenue of $11.90 billion for the quarter, compared to the consensus estimate of $10.19 billion. On average, equities research analysts expect that UBS Group AG will post 1.9 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Morgan Stanley lowered shares of UBS Group from an “overweight” rating to an “equal weight” rating in a research report on Thursday, February 20th. Keefe, Bruyette & Woods raised UBS Group from a “moderate sell” rating to a “hold” rating in a research note on Thursday, April 17th. Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, January 10th. Bank of America lowered shares of UBS Group from a “neutral” rating to an “underperform” rating in a research note on Thursday, March 27th. Finally, DZ Bank raised shares of UBS Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. One analyst has rated the stock with a sell rating, three have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

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.