Oppenheimer & Co. Inc. reduced its stake in UBS Group AG (NYSE:UBS – Get Rating) by 10.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,329 shares of the bank’s stock after selling 1,866 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in UBS Group were worth $265,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also recently made changes to their positions in UBS. National Asset Management Inc. boosted its position in shares of UBS Group by 51.6% in the 1st quarter. National Asset Management Inc. now owns 25,543 shares of the bank’s stock worth $501,000 after purchasing an additional 8,689 shares in the last quarter. Bellecapital International Ltd. boosted its position in shares of UBS Group by 849.4% in the 1st quarter. Bellecapital International Ltd. now owns 157,324 shares of the bank’s stock worth $3,096,000 after purchasing an additional 140,753 shares in the last quarter. NatWest Group plc bought a new stake in shares of UBS Group in the 1st quarter worth approximately $4,309,000. Metis Global Partners LLC boosted its position in shares of UBS Group by 368.1% in the 1st quarter. Metis Global Partners LLC now owns 84,661 shares of the bank’s stock worth $1,662,000 after purchasing an additional 66,575 shares in the last quarter. Finally, Janney Capital Management LLC lifted its position in UBS Group by 1.2% in the 1st quarter. Janney Capital Management LLC now owns 716,762 shares of the bank’s stock valued at $14,006,000 after acquiring an additional 8,846 shares in the last quarter. 33.05% of the stock is owned by institutional investors.
UBS Group Trading Up 0.2 %
Shares of UBS stock opened at $18.31 on Friday. UBS Group AG has a 52-week low of $13.80 and a 52-week high of $21.49. The company has a debt-to-equity ratio of 3.20, a quick ratio of 1.15 and a current ratio of 1.15. The firm has a market capitalization of $63.72 billion, a PE ratio of 8.64, a PEG ratio of 2.09 and a beta of 1.12. The stock has a fifty day simple moving average of $15.87 and a two-hundred day simple moving average of $16.38.
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UBS Group Company Profile
UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through four divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, and Investment Bank. The Global Wealth Management division offers investment advice and solutions, and lending solutions to ultra high net worth and high net worth clients.
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