Sei Investments Co. Buys 1,536 Shares of UBS Group AG (NYSE:UBS)

Sei Investments Co. raised its stake in shares of UBS Group AG (NYSE:UBS) by 0.8% in the second quarter, Holdings Channel reports. The fund owned 188,230 shares of the bank’s stock after acquiring an additional 1,536 shares during the period. Sei Investments Co.’s holdings in UBS Group were worth $5,560,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Callan Capital LLC lifted its holdings in shares of UBS Group by 15.4% during the second quarter. Callan Capital LLC now owns 16,455 shares of the bank’s stock valued at $486,000 after acquiring an additional 2,200 shares during the period. Promethos Capital LLC grew its holdings in UBS Group by 11.3% during the 2nd quarter. Promethos Capital LLC now owns 400,804 shares of the bank’s stock worth $11,883,000 after acquiring an additional 40,558 shares during the last quarter. Canada Pension Plan Investment Board raised its position in UBS Group by 10.8% in the 2nd quarter. Canada Pension Plan Investment Board now owns 8,630,819 shares of the bank’s stock worth $254,045,000 after purchasing an additional 843,903 shares during the last quarter. Benjamin F. Edwards & Company Inc. lifted its holdings in UBS Group by 566.4% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock worth $49,000 after buying an additional 1,416 shares in the last quarter. Finally, Leuthold Group LLC boosted its position in UBS Group by 73.5% in the 2nd quarter. Leuthold Group LLC now owns 13,384 shares of the bank’s stock valued at $395,000 after buying an additional 5,669 shares during the last quarter.

Analyst Ratings Changes

UBS has been the topic of several recent research reports. StockNews.com cut UBS Group from a “buy” rating to a “hold” rating in a report on Friday, August 23rd. Bank of America initiated coverage on UBS Group in a report on Thursday, September 19th. They issued a “neutral” rating on the stock. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, UBS Group currently has an average rating of “Hold”.

UBS Group Price Performance

Shares of UBS opened at $30.92 on Tuesday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 4.07. UBS Group AG has a 1 year low of $23.23 and a 1 year high of $32.13. The stock has a market cap of $99.13 billion, a P/E ratio of 3.37 and a beta of 1.15. The stock’s 50-day moving average price is $29.89 and its two-hundred day moving average price is $30.02.

UBS Group (NYSE:UBS) last released its quarterly earnings results on Wednesday, August 14th. The bank reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.22. UBS Group had a return on equity of 2.14% and a net margin of 2.31%. The company had revenue of $11.90 billion for the quarter, compared to analyst estimates of $11.26 billion. During the same quarter last year, the firm posted $1.88 earnings per share. On average, equities analysts predict that UBS Group AG will post 1.36 earnings per share 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.