Sienna Gestion Invests $17.79 Million in UBS Group AG $UBS

Sienna Gestion bought a new position in shares of UBS Group AG (NYSE:UBS) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 577,949 shares of the bank’s stock, valued at approximately $17,790,000. UBS Group accounts for approximately 1.2% of Sienna Gestion’s holdings, making the stock its 17th biggest position.

A number of other large investors also recently added to or reduced their stakes in UBS. Goldman Sachs Group Inc. raised its position in UBS Group by 88.5% during the first quarter. Goldman Sachs Group Inc. now owns 37,654,399 shares of the bank’s stock worth $1,153,354,000 after acquiring an additional 17,676,829 shares during the period. Nuveen LLC acquired a new position in shares of UBS Group during the 1st quarter worth about $348,161,000. Banque Cantonale Vaudoise acquired a new position in shares of UBS Group during the 1st quarter worth about $206,885,000. Deutsche Bank AG raised its position in shares of UBS Group by 16.1% during the 1st quarter. Deutsche Bank AG now owns 31,350,911 shares of the bank’s stock worth $960,278,000 after purchasing an additional 4,337,005 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of UBS Group by 8.2% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 55,586,232 shares of the bank’s stock valued at $1,688,163,000 after acquiring an additional 4,207,140 shares during the last quarter.

UBS Group Price Performance

UBS Group stock opened at $38.35 on Thursday. UBS Group AG has a 12-month low of $25.75 and a 12-month high of $42.56. The stock has a market cap of $122.97 billion, a P/E ratio of 17.27, a PEG ratio of 0.66 and a beta of 1.18. The company has a 50-day moving average price of $40.00 and a 200 day moving average price of $36.32. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.77.

UBS Group (NYSE:UBS) last announced its quarterly earnings results on Wednesday, October 29th. The bank reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.28. UBS Group had a net margin of 11.02% and a return on equity of 8.37%. The business had revenue of $12.20 billion during the quarter, compared to analysts’ expectations of $9.68 billion. During the same period last year, the business earned $0.43 earnings per share. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. Sell-side analysts anticipate that UBS Group AG will post 1.9 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Bank of America raised UBS Group from an “underperform” rating to a “neutral” rating in a report on Tuesday, July 22nd. Wall Street Zen raised UBS Group from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. Weiss Ratings reiterated a “buy (b)” rating on shares of UBS Group in a research report on Wednesday, October 8th. Zacks Research upgraded shares of UBS Group to a “strong-buy” rating in a research report on Friday, August 8th. Finally, Morgan Stanley reiterated an “underweight” rating on shares of UBS Group in a research report on Monday, October 6th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, UBS Group 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.