Orion Porfolio Solutions LLC Lowers Stake in UBS Group AG $UBS

Orion Porfolio Solutions LLC lessened its stake in shares of UBS Group AG (NYSE:UBS) by 11.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 95,852 shares of the bank’s stock after selling 12,689 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in UBS Group were worth $3,242,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in UBS. Maseco LLP bought a new stake in UBS Group during the second quarter valued at about $28,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of UBS Group in the 2nd quarter valued at about $33,000. Westside Investment Management Inc. grew its position in shares of UBS Group by 535.2% in the 2nd quarter. Westside Investment Management Inc. now owns 1,137 shares of the bank’s stock worth $38,000 after buying an additional 958 shares during the last quarter. Quarry LP bought a new position in shares of UBS Group during the 1st quarter worth approximately $37,000. Finally, Geneos Wealth Management Inc. lifted its position in UBS Group by 62.0% during the first quarter. Geneos Wealth Management Inc. now owns 1,497 shares of the bank’s stock valued at $46,000 after acquiring an additional 573 shares during the last quarter.

Analyst Upgrades and Downgrades

UBS has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of UBS Group in a research report on Wednesday, October 8th. Keefe, Bruyette & Woods lowered UBS Group from a “hold” rating to a “moderate sell” rating in a research report on Friday, November 7th. Zacks Research downgraded UBS Group from a “strong-buy” rating to a “hold” rating in a report on Friday, November 14th. Citigroup restated a “neutral” rating on shares of UBS Group in a report on Monday, November 3rd. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of UBS Group in a research report on Monday, November 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, UBS Group presently has an average rating of “Moderate Buy” and an average price target of $60.30.

UBS Group Trading Up 0.1%

Shares of NYSE:UBS opened at $44.83 on Thursday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 3.69. UBS Group AG has a 52-week low of $25.75 and a 52-week high of $45.35. The stock has a market cap of $143.76 billion, a price-to-earnings ratio of 20.20, a PEG ratio of 0.73 and a beta of 1.13. The business has a 50-day moving average price of $39.20 and a 200-day moving average price of $38.07.

UBS Group (NYSE:UBS) last issued its quarterly earnings results on Wednesday, October 29th. The bank reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.28. UBS Group had a net margin of 11.02% and a return on equity of 8.31%. The company had revenue of $12.76 billion for the quarter, compared to the consensus estimate of $9.68 billion. During the same quarter in the prior year, the company earned $0.43 EPS. UBS Group’s quarterly revenue was up 4.3% on a year-over-year basis. Equities analysts predict that UBS Group AG will post 1.9 EPS for the current year.

UBS Group Company Profile

UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through five divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, Investment Bank, and Non-core and Legacy. The company offers investment advice, estate and wealth planning, investing, corporate and banking, and investment management, as well as mortgage, securities-based, and structured lending solutions.