Synovus Financial Corp Has $1.61 Million Holdings in UBS AG (UBS)
Synovus Financial Corp raised its holdings in UBS AG (NYSE:UBS) by 5.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 93,807 shares of the bank’s stock after buying an additional 4,814 shares during the quarter. Synovus Financial Corp’s holdings in UBS were worth $1,610,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Mountain Capital Investment Advisors Inc acquired a new position in UBS during the 2nd quarter worth about $118,000. Fiduciary Trust Co. acquired a new position in UBS during the 2nd quarter worth about $136,000. Segantii Capital Management Ltd acquired a new position in UBS during the 2nd quarter worth about $166,000. Oppenheimer & Co. Inc. acquired a new position in UBS during the 2nd quarter valued at about $173,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in UBS by 36.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,468 shares of the bank’s stock valued at $178,000 after purchasing an additional 2,809 shares during the period. 32.00% of the stock is currently owned by hedge funds and other institutional investors.
UBS AG (NYSE:UBS) traded down $0.13 during trading hours on Thursday, reaching $16.97. The company’s stock had a trading volume of 1,588,500 shares, compared to its average volume of 2,012,489. UBS AG has a 52-week low of $15.10 and a 52-week high of $18.31. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 2.46. The firm has a market cap of $65,881.46, a P/E ratio of 15.00, a P/E/G ratio of 0.87 and a beta of 1.22.
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.
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