UBS Group AG (UBS) Stake Increased by Greenleaf Trust

Greenleaf Trust grew its stake in shares of UBS Group AG (NYSE:UBS) by 73.1% in the third quarter, HoldingsChannel.com reports. The fund owned 30,949 shares of the bank’s stock after acquiring an additional 13,068 shares during the quarter. Greenleaf Trust’s holdings in UBS Group were worth $487,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Cornerstone Wealth Management LLC bought a new stake in shares of UBS Group during the 2nd quarter valued at $444,000. TRUE Private Wealth Advisors bought a new stake in shares of UBS Group during the 3rd quarter valued at $107,000. Lourd Capital LLC bought a new stake in shares of UBS Group during the 3rd quarter valued at $172,000. Cibc Bank USA bought a new stake in shares of UBS Group during the 2nd quarter valued at $197,000. Finally, BB&T Corp bought a new stake in shares of UBS Group during the 2nd quarter worth $203,000. Hedge funds and other institutional investors own 32.02% of the company’s stock.

Shares of UBS stock opened at $14.19 on Friday. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 2.62. UBS Group AG has a twelve month low of $13.01 and a twelve month high of $20.89. The firm has a market cap of $52.65 billion, a P/E ratio of 9.97 and a beta of 1.28.

Several analysts recently weighed in on UBS shares. Societe Generale upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Wednesday, July 25th. JPMorgan Chase & Co. restated a “buy” rating on shares of UBS Group in a research report on Tuesday, September 4th. Zacks Investment Research upgraded UBS Group from a “sell” rating to a “hold” rating in a research report on Monday, August 6th. Finally, ValuEngine upgraded UBS Group from a “strong sell” rating to a “sell” rating in a research report on Wednesday, July 25th. Three analysts have rated the stock with a sell rating and five have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $22.00.

UBS Group Company Profile

UBS Group AG, together with its subsidiaries, provides financial advice and solutions worldwide. It operates through five divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management, and Investment Bank. The Wealth Management division offers advisory and financial services to wealthy private clients.

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Institutional Ownership by Quarter for UBS Group (NYSE:UBS)

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