Net Worth Advisory Group purchased a new position in UBS Group AG (NYSE:UBS – Free Report) in the third quarter, HoldingsChannel.com reports. The firm purchased 27,110 shares of the bank’s stock, valued at approximately $838,000.
A number of other large investors have also recently made changes to their positions in the stock. Nisa Investment Advisors LLC bought a new position in shares of UBS Group in the second quarter worth approximately $41,000. Opal Wealth Advisors LLC bought a new stake in UBS Group during the first quarter valued at about $42,000. RFP Financial Group LLC boosted its stake in shares of UBS Group by 58.3% in the first quarter. RFP Financial Group LLC now owns 1,429 shares of the bank’s stock worth $44,000 after acquiring an additional 526 shares during the period. Larson Financial Group LLC grew its position in shares of UBS Group by 5,742.3% during the first quarter. Larson Financial Group LLC now owns 1,519 shares of the bank’s stock worth $47,000 after purchasing an additional 1,493 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. grew its position in shares of UBS Group by 566.4% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock worth $49,000 after purchasing an additional 1,416 shares in the last quarter.
UBS Group Stock Performance
NYSE UBS opened at $32.84 on Friday. The company has a debt-to-equity ratio of 4.07, a current ratio of 1.06 and a quick ratio of 1.06. UBS Group AG has a 1-year low of $23.23 and a 1-year high of $32.88. The business has a 50 day simple moving average of $30.55 and a two-hundred day simple moving average of $30.08. The stock has a market capitalization of $105.28 billion, a PE ratio of 3.58 and a beta of 1.15.
Analysts Set New Price Targets
UBS has been the subject of several recent analyst reports. Bank of America began coverage on UBS Group in a research note on Thursday, September 19th. They issued a “neutral” rating for the company. StockNews.com downgraded shares of UBS Group from a “buy” rating to a “hold” rating in a report on Friday, August 23rd. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, UBS Group has an average rating of “Hold”.
Check Out Our Latest Research Report on UBS Group
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.
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