Crocodile Capital Partners GmbH boosted its stake in UBS Group AG (NYSE:UBS – Free Report) by 1.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,010,000 shares of the bank’s stock after acquiring an additional 15,000 shares during the period. UBS Group accounts for about 33.7% of Crocodile Capital Partners GmbH’s holdings, making the stock its 2nd biggest position. Crocodile Capital Partners GmbH’s holdings in UBS Group were worth $41,430,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently added to or reduced their stakes in UBS. Coldstream Capital Management Inc. increased its holdings in shares of UBS Group by 1.1% in the second quarter. Coldstream Capital Management Inc. now owns 26,179 shares of the bank’s stock valued at $885,000 after purchasing an additional 290 shares during the period. Prospera Financial Services Inc grew its position in UBS Group by 1.7% in the 2nd quarter. Prospera Financial Services Inc now owns 18,434 shares of the bank’s stock valued at $623,000 after buying an additional 310 shares during the last quarter. Keel Point LLC increased its stake in UBS Group by 3.8% in the 2nd quarter. Keel Point LLC now owns 9,488 shares of the bank’s stock valued at $321,000 after buying an additional 346 shares during the period. Werba Rubin Papier Wealth Management raised its position in UBS Group by 4.3% during the 2nd quarter. Werba Rubin Papier Wealth Management now owns 8,400 shares of the bank’s stock worth $284,000 after buying an additional 347 shares during the last quarter. Finally, Dorsey & Whitney Trust CO LLC raised its position in UBS Group by 1.7% during the 1st quarter. Dorsey & Whitney Trust CO LLC now owns 20,902 shares of the bank’s stock worth $640,000 after buying an additional 358 shares during the last quarter.
UBS Group Price Performance
Shares of NYSE:UBS opened at $46.12 on Friday. The firm has a market capitalization of $147.89 billion, a price-to-earnings ratio of 20.78, a price-to-earnings-growth ratio of 0.54 and a beta of 1.13. The company has a debt-to-equity ratio of 3.69, a current ratio of 1.03 and a quick ratio of 1.03. The business’s 50 day simple moving average is $39.32 and its 200-day simple moving average is $38.12. UBS Group AG has a 12 month low of $25.75 and a 12 month high of $46.49.
Wall Street Analysts Forecast Growth
UBS has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods lowered shares of UBS Group from a “hold” rating to a “moderate sell” rating in a research note on Friday, November 7th. Citigroup reiterated a “neutral” rating on shares of UBS Group in a research report on Monday, November 3rd. BNP Paribas downgraded UBS Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. Wall Street Zen upgraded UBS Group from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of UBS Group in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $60.30.
View Our Latest Stock Report on UBS
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.
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