Crossmark Global Holdings Inc. bought a new position in shares of UBS AG (NYSE:UBS) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,057,143 shares of the bank’s stock, valued at approximately $18,130,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. BBR Partners LLC boosted its stake in shares of UBS AG by 0.3% during the second quarter. BBR Partners LLC now owns 62,426 shares of the bank’s stock worth $1,060,000 after buying an additional 181 shares during the period. Pinnacle Associates Ltd. boosted its stake in shares of UBS AG by 1.2% during the second quarter. Pinnacle Associates Ltd. now owns 16,090 shares of the bank’s stock worth $273,000 after buying an additional 192 shares during the period. Hartland & Co. LLC boosted its stake in shares of UBS AG by 0.9% during the second quarter. Hartland & Co. LLC now owns 30,264 shares of the bank’s stock worth $514,000 after buying an additional 264 shares during the period. ETRADE Capital Management LLC boosted its stake in shares of UBS AG by 0.3% during the second quarter. ETRADE Capital Management LLC now owns 109,687 shares of the bank’s stock worth $1,862,000 after buying an additional 372 shares during the period. Finally, Greenleaf Trust boosted its stake in shares of UBS AG by 2.8% during the second quarter. Greenleaf Trust now owns 16,020 shares of the bank’s stock worth $272,000 after buying an additional 438 shares during the period. Institutional investors and hedge funds own 31.56% of the company’s stock.

Shares of UBS AG (UBS) traded up 0.502% on Tuesday, reaching $17.005. 549,331 shares of the company’s stock were exchanged. The company has a market capitalization of $63.20 billion, a P/E ratio of 15.702 and a beta of 1.25. The stock’s 50-day moving average price is $17.04 and its 200-day moving average price is $16.83. UBS AG has a 1-year low of $13.38 and a 1-year high of $18.31.

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Several equities research analysts have recently weighed in on the stock. Societe Generale reiterated a “hold” rating on shares of UBS AG in a research note on Monday. Zacks Investment Research downgraded shares of UBS AG from a “hold” rating to a “sell” rating in a research report on Tuesday, October 24th. BidaskClub downgraded shares of UBS AG from a “hold” rating to a “sell” rating in a research report on Thursday, August 3rd. ValuEngine downgraded shares of UBS AG from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. Finally, Instinet downgraded shares of UBS AG from a “buy” rating to a “neutral” rating in a research report on Sunday, October 1st. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $19.00.

UBS AG Company Profile

UBS Group AG is a holding company and conducts its operations through UBS AG and its subsidiaries. The Company comprises Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank. Wealth Management division provides advice and tailored financial services to wealthy private clients around the world, except those served by Wealth Management Americas.

Institutional Ownership by Quarter for UBS AG (NYSE:UBS)

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