UBS Group AG (NYSE:UBS) Shares Sold by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky decreased its position in UBS Group AG (NYSE:UBS) by 3.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 655,250 shares of the bank’s stock after selling 25,700 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in UBS Group were worth $20,129,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of UBS. Global Retirement Partners LLC boosted its stake in shares of UBS Group by 24.0% during the 4th quarter. Global Retirement Partners LLC now owns 2,080 shares of the bank’s stock valued at $61,000 after buying an additional 402 shares during the last quarter. Stonegate Investment Group LLC boosted its stake in shares of UBS Group by 8.9% during the 4th quarter. Stonegate Investment Group LLC now owns 12,216 shares of the bank’s stock valued at $377,000 after buying an additional 1,000 shares during the last quarter. Ballentine Partners LLC boosted its stake in shares of UBS Group by 18.6% during the 4th quarter. Ballentine Partners LLC now owns 26,292 shares of the bank’s stock valued at $812,000 after buying an additional 4,125 shares during the last quarter. International Assets Investment Management LLC boosted its stake in shares of UBS Group by 1,630.2% during the 4th quarter. International Assets Investment Management LLC now owns 172,886 shares of the bank’s stock valued at $5,595,000 after buying an additional 162,894 shares during the last quarter. Finally, Traveka Wealth LLC purchased a new position in shares of UBS Group during the 4th quarter valued at approximately $207,000.

UBS Group Stock Performance

UBS stock traded down $1.13 during mid-day trading on Friday, reaching $28.03. The company had a trading volume of 3,024,712 shares, compared to its average volume of 1,322,458. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 4.00. The stock has a market capitalization of $89.88 billion, a P/E ratio of 3.05 and a beta of 1.16. UBS Group AG has a one year low of $21.34 and a one year high of $32.13. The stock’s 50-day simple moving average is $30.58 and its two-hundred day simple moving average is $29.76.

UBS Group (NYSE:UBS) last posted its earnings results on Tuesday, May 7th. The bank reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.29. The company had revenue of $12.74 billion for the quarter, compared to analysts’ expectations of $12.05 billion. UBS Group had a return on equity of 7.78% and a net margin of 39.78%. Research analysts anticipate that UBS Group AG will post 1.02 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. BNP Paribas cut UBS Group from an “outperform” rating to a “neutral” rating in a research note on Monday, April 22nd. Citigroup cut UBS Group from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 23rd. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold”.

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.