Cwm LLC Has $222,000 Stock Position in UBS Group AG $UBS

Cwm LLC trimmed its stake in shares of UBS Group AG (NYSE:UBS) by 4.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,566 shares of the bank’s stock after selling 306 shares during the quarter. Cwm LLC’s holdings in UBS Group were worth $222,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Crocodile Capital Partners GmbH boosted its holdings in UBS Group by 74.6% during the second quarter. Crocodile Capital Partners GmbH now owns 995,000 shares of the bank’s stock valued at $33,651,000 after purchasing an additional 425,000 shares in the last quarter. Belpointe Asset Management LLC bought a new position in shares of UBS Group in the first quarter valued at approximately $639,000. Assenagon Asset Management S.A. raised its stake in shares of UBS Group by 7.4% in the second quarter. Assenagon Asset Management S.A. now owns 217,715 shares of the bank’s stock valued at $7,344,000 after acquiring an additional 15,042 shares during the last quarter. Callan Family Office LLC raised its stake in shares of UBS Group by 150.7% in the second quarter. Callan Family Office LLC now owns 57,031 shares of the bank’s stock valued at $1,929,000 after acquiring an additional 34,278 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of UBS Group by 88.5% in the first quarter. Goldman Sachs Group Inc. now owns 37,654,399 shares of the bank’s stock valued at $1,153,354,000 after acquiring an additional 17,676,829 shares during the last quarter.

Analyst Ratings Changes

A number of research firms have recently issued reports on UBS. Weiss Ratings reiterated a “buy (b)” rating on shares of UBS Group in a research note on Wednesday, October 8th. Bank of America upgraded shares of UBS Group from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 22nd. Morgan Stanley reiterated an “underweight” rating on shares of UBS Group in a research note on Monday, October 6th. Zacks Research upgraded shares of UBS Group to a “strong-buy” rating in a research note on Friday, August 8th. Finally, Wall Street Zen cut shares of UBS Group from a “hold” rating to a “sell” rating in a research note on Sunday, September 28th. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

UBS Group Stock Performance

UBS stock opened at $39.09 on Wednesday. The company has a debt-to-equity ratio of 3.77, a current ratio of 1.05 and a quick ratio of 1.05. The company has a 50 day moving average price of $40.23 and a 200 day moving average price of $35.91. UBS Group AG has a fifty-two week low of $25.75 and a fifty-two week high of $42.56. The stock has a market capitalization of $125.35 billion, a PE ratio of 20.68, a price-to-earnings-growth ratio of 0.67 and a beta of 1.18.

UBS Group (NYSE:UBS) last posted its quarterly earnings data on Wednesday, July 30th. The bank reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.02. UBS Group had a net margin of 9.21% and a return on equity of 7.17%. The firm had revenue of $11.55 billion during the quarter, compared to analysts’ expectations of $9.77 billion. During the same quarter in the previous year, the company posted $0.34 EPS. Analysts forecast that UBS Group AG will post 1.9 EPS for the current year.

UBS Group 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.