UBS Group AG (NYSE:UBS) Shares Bought by Commerce Bank

Commerce Bank raised its stake in UBS Group AG (NYSE:UBS) by 3.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,278 shares of the bank’s stock after acquiring an additional 346 shares during the quarter. Commerce Bank’s holdings in UBS Group were worth $287,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. West Family Investments Inc. purchased a new stake in shares of UBS Group in the third quarter valued at approximately $418,000. PNC Financial Services Group Inc. grew its holdings in UBS Group by 0.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 102,797 shares of the bank’s stock valued at $3,177,000 after buying an additional 521 shares in the last quarter. Caprock Group LLC grew its holdings in UBS Group by 6.7% in the 3rd quarter. Caprock Group LLC now owns 10,676 shares of the bank’s stock valued at $330,000 after buying an additional 671 shares in the last quarter. Thrivent Financial for Lutherans grew its holdings in UBS Group by 44.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 15,775 shares of the bank’s stock valued at $488,000 after buying an additional 4,889 shares in the last quarter. Finally, Natixis Advisors LLC grew its holdings in UBS Group by 5.2% in the 3rd quarter. Natixis Advisors LLC now owns 5,207,913 shares of the bank’s stock valued at $160,977,000 after buying an additional 258,058 shares in the last quarter.

UBS Group Price Performance

Shares of NYSE UBS opened at $31.34 on Thursday. The stock’s 50-day moving average is $31.62 and its two-hundred day moving average is $30.73. The company has a debt-to-equity ratio of 3.87, a current ratio of 1.05 and a quick ratio of 1.05. UBS Group AG has a 1-year low of $26.00 and a 1-year high of $33.34. The company has a market cap of $100.47 billion, a price-to-earnings ratio of 26.11 and a beta of 1.15.

UBS Group (NYSE:UBS) last issued its quarterly earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.15. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. The company had revenue of $19.31 billion for the quarter, compared to the consensus estimate of $11.20 billion. During the same quarter in the prior year, the business earned ($0.24) EPS. Analysts forecast that UBS Group AG will post 1.73 EPS for the current fiscal year.

Analyst Ratings Changes

UBS has been the topic of several recent analyst reports. StockNews.com raised UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. Bank of America assumed coverage on UBS Group in a research note on Thursday, September 19th. They set a “neutral” rating on the stock. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

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.