Quantinno Capital Management LP Increases Holdings in UBS Group AG (NYSE:UBS)

Quantinno Capital Management LP grew its holdings in UBS Group AG (NYSE:UBS) by 52.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 251,671 shares of the bank’s stock after acquiring an additional 86,368 shares during the period. Quantinno Capital Management LP’s holdings in UBS Group were worth $7,631,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in UBS. Timber Creek Capital Management LLC increased its holdings in shares of UBS Group by 0.3% in the fourth quarter. Timber Creek Capital Management LLC now owns 117,613 shares of the bank’s stock worth $3,566,000 after purchasing an additional 311 shares during the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of UBS Group by 0.5% in the fourth quarter. Integrated Wealth Concepts LLC now owns 65,889 shares of the bank’s stock worth $1,998,000 after purchasing an additional 320 shares during the last quarter. Allworth Financial LP increased its holdings in shares of UBS Group by 6.4% in the fourth quarter. Allworth Financial LP now owns 5,528 shares of the bank’s stock worth $168,000 after purchasing an additional 334 shares during the last quarter. Independent Advisor Alliance increased its holdings in shares of UBS Group by 0.4% in the fourth quarter. Independent Advisor Alliance now owns 85,975 shares of the bank’s stock worth $2,607,000 after purchasing an additional 339 shares during the last quarter. Finally, Lindbrook Capital LLC increased its holdings in shares of UBS Group by 3.2% in the fourth quarter. Lindbrook Capital LLC now owns 11,247 shares of the bank’s stock worth $341,000 after purchasing an additional 345 shares during the last quarter.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on UBS shares. DZ Bank raised UBS Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 6th. Morgan Stanley cut UBS Group from an “overweight” rating to an “equal weight” rating in a report on Thursday, February 20th. StockNews.com cut UBS Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of UBS Group in a report on Monday. Finally, Keefe, Bruyette & Woods raised UBS Group from a “moderate sell” rating to a “hold” rating in a research note on Thursday, April 17th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

UBS Group Trading Up 1.8%

Shares of NYSE UBS opened at $33.31 on Friday. The business’s 50 day moving average is $30.39 and its two-hundred day moving average is $31.84. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.06 and a quick ratio of 1.05. UBS Group AG has a 1-year low of $25.75 and a 1-year high of $35.84. The stock has a market capitalization of $106.81 billion, a P/E ratio of 21.91 and a beta of 1.15.

UBS Group (NYSE:UBS) last issued its quarterly earnings data on Wednesday, April 30th. The bank reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.09. UBS Group had a return on equity of 5.93% and a net margin of 6.93%. The company had revenue of $11.90 billion for the quarter, compared to analysts’ expectations of $10.19 billion. As a group, research analysts expect that UBS Group AG will post 1.9 EPS for the current year.

UBS Group 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.