UBS Group AG (NYSE:UBS) Short Interest Up 63,332.8% in July

UBS Group AG (NYSE:UBS) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 8,500,000 shares, anincreaseof63,332.8% from the June 30th total of 13,400 shares. Based on an average daily volume of 2,780,000 shares, the short-interest ratio is presently 3.1 days. Approximately0.3% of the company’s shares are sold short. Approximately0.3% of the company’s shares are sold short. Based on an average daily volume of 2,780,000 shares, the short-interest ratio is presently 3.1 days.

UBS Group Stock Performance

UBS stock opened at $36.67 on Friday. The firm has a market cap of $117.58 billion, a PE ratio of 19.40, a P/E/G ratio of 0.66 and a beta of 1.18. The business’s 50-day moving average price is $34.14 and its two-hundred day moving average price is $32.74. UBS Group has a 1-year low of $25.75 and a 1-year high of $38.42. The company has a current ratio of 1.05, a quick ratio of 1.04 and a debt-to-equity ratio of 3.77.

UBS Group (NYSE:UBS) last issued its quarterly earnings results on Wednesday, July 30th. The bank reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.70 by $0.02. The company had revenue of $11.55 billion for the quarter, compared to analyst estimates of $9.77 billion. UBS Group had a return on equity of 7.17% and a net margin of 9.21%. During the same period in the previous year, the company posted $0.34 earnings per share. As a group, research analysts forecast that UBS Group will post 1.9 earnings per share for the current year.

Institutional Trading of UBS Group

A number of institutional investors have recently modified their holdings of UBS. Goldman Sachs Group Inc. lifted its holdings in shares of UBS Group by 88.5% in the first quarter. Goldman Sachs Group Inc. now owns 37,654,399 shares of the bank’s stock valued at $1,153,354,000 after purchasing an additional 17,676,829 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in shares of UBS Group by 162.6% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 28,307,335 shares of the bank’s stock valued at $858,359,000 after purchasing an additional 17,525,749 shares in the last quarter. FMR LLC lifted its holdings in shares of UBS Group by 29.4% in the fourth quarter. FMR LLC now owns 55,533,620 shares of the bank’s stock valued at $1,695,087,000 after purchasing an additional 12,609,616 shares in the last quarter. Nuveen LLC acquired a new stake in shares of UBS Group in the first quarter valued at about $348,161,000. Finally, SIH Partners LLLP acquired a new stake in shares of UBS Group in the fourth quarter valued at about $214,546,000.

Analyst Ratings Changes

UBS has been the subject of a number of analyst reports. Wedbush reaffirmed a “neutral” rating on shares of UBS Group in a research note on Tuesday, May 27th. Morgan Stanley lowered UBS Group from an “equal weight” rating to an “underweight” rating in a report on Wednesday, June 18th. DZ Bank upgraded UBS Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 6th. Bank of America upgraded UBS Group from an “underperform” rating to a “neutral” rating in a report on Tuesday, July 22nd. Finally, Jefferies Financial Group upgraded UBS Group from a “hold” rating to a “buy” rating in a report on Tuesday, June 3rd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

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.