UBS AG (UBS) Shares Bought by Macquarie Group Ltd.
Macquarie Group Ltd. increased its position in UBS AG (NYSE:UBS) by 1,299,575.3% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 3,574,107 shares of the company’s stock after buying an additional 3,573,832 shares during the period. Macquarie Group Ltd. owned approximately 0.10% of UBS AG worth $46,321,000 at the end of the most recent quarter.
A number of other institutional investors also recently added to or reduced their stakes in UBS. Lombard Odier Transatlantic Limited Partnership acquired a new stake in UBS AG during the first quarter worth $2,188,000. Lombard Odier & Cie Canada Limited Partnership acquired a new stake in UBS AG during the first quarter worth $693,000. Euclid Advisors LLC raised its stake in UBS AG by 12.9% in the first quarter. Euclid Advisors LLC now owns 577,000 shares of the company’s stock worth $9,244,000 after buying an additional 66,000 shares during the last quarter. First Republic Investment Management Inc. raised its stake in UBS AG by 50.2% in the first quarter. First Republic Investment Management Inc. now owns 40,763 shares of the company’s stock worth $653,000 after buying an additional 13,617 shares during the last quarter. Finally, BNP Paribas Arbitrage SA raised its stake in UBS AG by 37,394.8% in the second quarter. BNP Paribas Arbitrage SA now owns 78,739 shares of the company’s stock worth $1,020,000 after buying an additional 78,529 shares during the last quarter. Institutional investors and hedge funds own 27.07% of the company’s stock.
Shares of UBS AG (NYSE:UBS) traded down 0.63% on Friday, reaching $15.89. 1,768,128 shares of the company traded hands. UBS AG has a one year low of $11.93 and a one year high of $19.94. The stock has a market capitalization of $58.94 billion, a P/E ratio of 17.16 and a beta of 1.27. The stock’s 50 day moving average price is $13.87 and its 200-day moving average price is $14.17.
A number of equities research analysts have weighed in on UBS shares. Citigroup Inc. reissued a “buy” rating on shares of UBS AG in a report on Tuesday, October 25th. BNP Paribas reissued a “sell” rating on shares of UBS AG in a report on Monday, September 12th. Barclays PLC reissued a “buy” rating on shares of UBS AG in a report on Sunday, September 11th. Zacks Investment Research raised shares of UBS AG from a “sell” rating to a “hold” rating in a report on Tuesday, August 30th. Finally, Royal Bank Of Canada raised shares of UBS AG from an “underperform” rating to a “sector perform” rating in a report on Wednesday, October 5th. Six equities research analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $15.73.
UBS AG Company Profile
UBS Group AG (UBS) is a holding company. The Company provides a range of financial services, including advisory services, underwriting, financing, market-making, asset management and brokerage on a global level, and retail banking in Switzerland. The Company comprises Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank.
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