National Asset Management Inc. lessened its holdings in UBS AG (NYSE:UBS) by 12.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 66,173 shares of the bank’s stock after selling 9,822 shares during the quarter. National Asset Management Inc.’s holdings in UBS were worth $1,136,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Private Advisor Group LLC boosted its holdings in UBS by 19.7% in the third quarter. Private Advisor Group LLC now owns 20,872 shares of the bank’s stock worth $356,000 after acquiring an additional 3,438 shares in the last quarter. Mackenzie Financial Corp boosted its holdings in UBS by 1.8% in the third quarter. Mackenzie Financial Corp now owns 1,018,180 shares of the bank’s stock worth $17,462,000 after acquiring an additional 18,286 shares in the last quarter. Stifel Financial Corp boosted its holdings in UBS by 1.8% in the third quarter. Stifel Financial Corp now owns 343,627 shares of the bank’s stock worth $5,892,000 after acquiring an additional 5,946 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in UBS by 0.3% in the third quarter. Dimensional Fund Advisors LP now owns 2,304,240 shares of the bank’s stock worth $39,518,000 after acquiring an additional 7,645 shares in the last quarter. Finally, Commonwealth Bank of Australia boosted its holdings in UBS by 5.7% in the third quarter. Commonwealth Bank of Australia now owns 593,235 shares of the bank’s stock worth $10,135,000 after acquiring an additional 32,030 shares in the last quarter. 32.00% of the stock is owned by institutional investors and hedge funds.

UBS AG (UBS) traded down $0.11 during trading on Monday, hitting $17.42. The company had a trading volume of 1,232,972 shares, compared to its average volume of 2,018,147. The company has a debt-to-equity ratio of 2.46, a current ratio of 1.21 and a quick ratio of 1.21. UBS AG has a 12-month low of $15.10 and a 12-month high of $18.31. The firm has a market capitalization of $67,496.45, a P/E ratio of 15.37, a price-to-earnings-growth ratio of 0.89 and a beta of 1.22.

Several brokerages have weighed in on UBS. Zacks Investment Research downgraded UBS from a “hold” rating to a “sell” rating in a report on Tuesday, October 24th. TheStreet raised UBS from a “d” rating to a “c” rating in a report on Monday, November 27th. Instinet downgraded UBS from a “buy” rating to a “neutral” rating in a report on Sunday, October 1st. Societe Generale reaffirmed a “hold” rating on shares of UBS in a report on Monday, October 30th. Finally, Bank of America raised UBS from a “neutral” rating to a “buy” rating in a report on Friday, November 10th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. UBS currently has a consensus rating of “Hold” and a consensus price target of $19.00.

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UBS 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 (NYSE:UBS)

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