NWQ Investment Management Company LLC lowered its holdings in UBS AG (NYSE:UBS) by 1.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,751,188 shares of the bank’s stock after selling 45,288 shares during the period. NWQ Investment Management Company LLC owned approximately 0.07% of UBS worth $47,183,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Franklin Resources Inc. boosted its stake in UBS by 21.2% during the 2nd quarter. Franklin Resources Inc. now owns 57,935,725 shares of the bank’s stock valued at $981,476,000 after acquiring an additional 10,125,809 shares during the last quarter. Vanguard Group Inc. boosted its stake in UBS by 5.7% during the 2nd quarter. Vanguard Group Inc. now owns 86,199,587 shares of the bank’s stock valued at $1,463,669,000 after acquiring an additional 4,634,833 shares during the last quarter. AXA boosted its stake in UBS by 94.1% during the 2nd quarter. AXA now owns 6,299,667 shares of the bank’s stock valued at $106,968,000 after acquiring an additional 3,054,657 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in UBS by 3,116.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,558,612 shares of the bank’s stock valued at $43,446,000 after acquiring an additional 2,479,068 shares during the last quarter. Finally, Fisher Asset Management LLC boosted its stake in UBS by 2.8% during the 3rd quarter. Fisher Asset Management LLC now owns 41,303,205 shares of the bank’s stock valued at $708,350,000 after acquiring an additional 1,136,180 shares during the last quarter. 32.00% of the stock is owned by institutional investors.

A number of research firms have recently issued reports on UBS. Zacks Investment Research downgraded shares of UBS from a “hold” rating to a “sell” rating in a research report on Tuesday, October 24th. TheStreet upgraded shares of UBS from a “d” rating to a “c” rating in a research report on Monday, November 27th. Instinet downgraded shares of UBS from a “buy” rating to a “neutral” rating in a research report on Sunday, October 1st. Societe Generale restated a “hold” rating on shares of UBS in a research report on Monday, October 30th. Finally, Bank of America upgraded shares of UBS from a “neutral” rating to a “buy” rating in a research report on Friday, November 10th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company’s stock. UBS currently has an average rating of “Hold” and a consensus price target of $19.00.

UBS AG (NYSE:UBS) traded down $0.13 during trading on Thursday, reaching $16.97. 1,588,500 shares of the company’s stock traded hands, compared to its average volume of 2,012,489. The firm has a market cap of $65,881.46, a PE ratio of 15.00, a price-to-earnings-growth ratio of 0.87 and a beta of 1.22. The company has a debt-to-equity ratio of 2.46, a quick ratio of 1.21 and a current ratio of 1.21. UBS AG has a 52-week low of $15.10 and a 52-week high of $18.31.

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About UBS

UBS Group AG is a holding company and conducts its operations through UBS AG and its subsidiaries. The Company comprises Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank. Wealth Management division provides advice and tailored financial services to wealthy private clients around the world, except those served by Wealth Management Americas.

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Institutional Ownership by Quarter for UBS (NYSE:UBS)

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