Janney Capital Management LLC Sells 6,794 Shares of UBS Group AG (NYSE:UBS)

Janney Capital Management LLC lowered its position in shares of UBS Group AG (NYSE:UBS) by 1.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 471,811 shares of the bank’s stock after selling 6,794 shares during the quarter. Janney Capital Management LLC’s holdings in UBS Group were worth $14,584,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Nisa Investment Advisors LLC purchased a new position in UBS Group in the second quarter worth $41,000. RFP Financial Group LLC boosted its holdings in shares of UBS Group by 58.3% in the 1st quarter. RFP Financial Group LLC now owns 1,429 shares of the bank’s stock worth $44,000 after buying an additional 526 shares during the last quarter. Larson Financial Group LLC grew its position in UBS Group by 5,742.3% during the first quarter. Larson Financial Group LLC now owns 1,519 shares of the bank’s stock valued at $47,000 after buying an additional 1,493 shares during the period. Benjamin F. Edwards & Company Inc. grew its position in UBS Group by 566.4% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock valued at $49,000 after buying an additional 1,416 shares during the period. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in UBS Group during the second quarter worth about $50,000.

Analyst Ratings Changes

A number of research analysts have weighed in on UBS shares. StockNews.com upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Friday. Bank of America assumed coverage on UBS Group in a research note on Thursday, September 19th. They issued a “neutral” rating on the stock. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

UBS Group Price Performance

Shares of NYSE:UBS opened at $31.11 on Friday. The firm has a market capitalization of $99.75 billion, a PE ratio of 25.93 and a beta of 1.15. The company has a quick ratio of 1.06, a current ratio of 1.05 and a debt-to-equity ratio of 3.87. The company has a 50-day moving average price of $30.88 and a two-hundred day moving average price of $30.22. UBS Group AG has a twelve month low of $24.07 and a twelve month high of $32.90.

UBS Group (NYSE:UBS) last released its quarterly earnings data on Wednesday, October 30th. The bank reported $0.43 EPS for the quarter, topping the consensus estimate of $0.28 by $0.15. UBS Group had a net margin of 5.13% and a return on equity of 4.69%. The company had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $11.20 billion. During the same period last year, the firm earned ($0.24) EPS. Equities analysts forecast that UBS Group AG will post 1.45 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.