900 Shares in UBS Group AG (NYSE:UBS) Purchased by Berbice Capital Management LLC

Berbice Capital Management LLC purchased a new position in UBS Group AG (NYSE:UBS) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 900 shares of the bank’s stock, valued at approximately $27,000.

A number of other hedge funds also recently bought and sold shares of UBS. Versant Capital Management Inc bought a new position in UBS Group in the 4th quarter worth about $40,000. Benjamin F. Edwards & Company Inc. boosted its stake in UBS Group by 566.4% in the 2nd 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. Continuum Advisory LLC boosted its stake in UBS Group by 41.6% in the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock worth $49,000 after purchasing an additional 450 shares in the last quarter. FSC Wealth Advisors LLC bought a new position in UBS Group in the 3rd quarter worth about $71,000. Finally, Rosenberg Matthew Hamilton boosted its stake in UBS Group by 15.6% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank’s stock worth $81,000 after purchasing an additional 355 shares in the last quarter.

UBS Group Stock Up 0.2 %

NYSE UBS opened at $35.06 on Friday. The company has a debt-to-equity ratio of 3.87, a quick ratio of 1.05 and a current ratio of 1.05. The company has a market capitalization of $112.40 billion, a P/E ratio of 29.22 and a beta of 1.15. UBS Group AG has a one year low of $26.00 and a one year high of $35.14. The stock has a 50 day moving average price of $31.84 and a 200-day moving average price of $31.09.

UBS Group (NYSE:UBS) last posted its earnings results on Wednesday, October 30th. The bank reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.15. The firm had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $11.20 billion. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. During the same period in the prior year, the company earned ($0.24) EPS. As a group, equities analysts predict that UBS Group AG will post 1.53 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Kepler Capital Markets upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, January 10th. BNP Paribas raised shares of UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. Finally, StockNews.com lowered shares of UBS Group from a “buy” rating to a “hold” rating in a report on Wednesday. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, UBS Group 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.