XTX Topco Ltd Purchases Shares of 16,212 UBS Group AG (NYSE:UBS)

XTX Topco Ltd acquired a new position in shares of UBS Group AG (NYSE:UBS) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 16,212 shares of the bank’s stock, valued at approximately $479,000.

A number of other hedge funds also recently made changes to their positions in UBS. Nisa Investment Advisors LLC acquired a new stake in shares of UBS Group in the second quarter worth $41,000. Opal Wealth Advisors LLC purchased a new stake in shares of UBS Group during the first quarter worth about $42,000. RFP Financial Group LLC lifted 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 in the last quarter. Larson Financial Group LLC boosted its holdings in UBS Group by 5,742.3% in the first quarter. Larson Financial Group LLC now owns 1,519 shares of the bank’s stock valued at $47,000 after purchasing an additional 1,493 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in UBS Group during the 2nd quarter valued at approximately $50,000.

UBS Group Price Performance

NYSE UBS opened at $30.65 on Wednesday. The company has a 50-day moving average price of $29.89 and a two-hundred day moving average price of $30.04. UBS Group AG has a 52 week low of $23.23 and a 52 week high of $32.13. The stock has a market cap of $98.26 billion, a price-to-earnings ratio of 3.34 and a beta of 1.15. 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 (NYSE:UBS) last posted its earnings results on Wednesday, August 14th. The bank reported $0.34 EPS for the quarter, beating the consensus estimate of $0.12 by $0.22. UBS Group had a return on equity of 2.14% and a net margin of 2.31%. The firm had revenue of $11.90 billion for the quarter, compared to analysts’ expectations of $11.26 billion. During the same period last year, the firm earned $1.88 EPS. Analysts forecast that UBS Group AG will post 1.02 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Bank of America started coverage on UBS Group in a research report on Thursday, September 19th. They issued a “neutral” rating on the stock. StockNews.com cut UBS Group from a “buy” rating to a “hold” rating in a research note on Friday, August 23rd. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, UBS Group currently has a consensus rating of “Hold”.

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.