Cetera Investment Advisers Buys 538 Shares of UBS Group AG (NYSE:UBS)

Cetera Investment Advisers increased its stake in UBS Group AG (NYSE:UBS) by 0.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 60,549 shares of the bank’s stock after buying an additional 538 shares during the quarter. Cetera Investment Advisers’ holdings in UBS Group were worth $1,836,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Berbice Capital Management LLC bought a new stake in UBS Group in the fourth quarter worth $27,000. Rakuten Securities Inc. bought a new stake in UBS Group in the fourth quarter worth $30,000. Headlands Technologies LLC bought a new stake in UBS Group in the fourth quarter worth $33,000. Kohmann Bosshard Financial Services LLC bought a new stake in UBS Group in the fourth quarter worth $41,000. Finally, Farther Finance Advisors LLC lifted its position in UBS Group by 27.6% in the fourth quarter. Farther Finance Advisors LLC now owns 2,230 shares of the bank’s stock worth $68,000 after buying an additional 482 shares during the last quarter.

UBS Group Stock Performance

UBS stock opened at $33.73 on Tuesday. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.06 and a quick ratio of 1.05. The business has a 50-day moving average price of $30.46 and a 200 day moving average price of $31.87. The company has a market capitalization of $108.15 billion, a P/E ratio of 22.19 and a beta of 1.15. UBS Group AG has a 1-year low of $25.75 and a 1-year high of $35.84.

UBS Group (NYSE:UBS) last released its quarterly earnings data on Wednesday, April 30th. The bank reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.09. The firm had revenue of $11.90 billion during the quarter, compared to the consensus estimate of $10.19 billion. UBS Group had a return on equity of 5.93% and a net margin of 6.93%. As a group, equities research analysts forecast that UBS Group AG will post 1.9 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on UBS shares. Keefe, Bruyette & Woods upgraded UBS Group from a “moderate sell” rating to a “hold” rating in a research report on Thursday, April 17th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of UBS Group in a research report on Monday, May 12th. StockNews.com downgraded UBS Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 22nd. DZ Bank upgraded UBS Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 6th. Finally, Morgan Stanley downgraded UBS Group from an “overweight” rating to an “equal weight” rating in a research report on Thursday, February 20th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

About UBS Group

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.