Private Advisor Group LLC Acquires 3,438 Shares of UBS AG (UBS)
Private Advisor Group LLC lifted its holdings in shares of UBS AG (NYSE:UBS) by 19.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,872 shares of the bank’s stock after buying an additional 3,438 shares during the period. Private Advisor Group LLC’s holdings in UBS were worth $356,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of UBS. Mountain Capital Investment Advisors Inc acquired a new position in shares of UBS during the 2nd quarter worth about $118,000. Fiduciary Trust Co. acquired a new position in shares of UBS during the 2nd quarter worth about $136,000. Oppenheimer & Co. Inc. acquired a new position in shares of UBS during the 2nd quarter worth about $173,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of UBS by 36.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,468 shares of the bank’s stock worth $178,000 after buying an additional 2,809 shares during the last quarter. Finally, MAI Capital Management bought a new stake in shares of UBS in the 2nd quarter valued at about $197,000. Institutional investors own 32.00% of the company’s stock.
Shares of UBS AG (UBS) traded up $0.06 on Wednesday, hitting $17.86. 2,425,800 shares of the stock traded hands, compared to its average volume of 2,024,770. UBS AG has a 12 month low of $15.10 and a 12 month high of $18.31. The company has a market capitalization of $68,578.36, a PE ratio of 15.61, a PEG ratio of 0.90 and a beta of 1.22. 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 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.
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