BBR Partners LLC trimmed its position in shares of UBS Group AG (NYSE:UBS) by 17.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 34,745 shares of the bank’s stock after selling 7,500 shares during the period. BBR Partners LLC’s holdings in UBS Group were worth $639,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Harbor Advisors LLC purchased a new position in UBS Group during the 4th quarter worth approximately $183,000. BTC Capital Management Inc. purchased a new position in UBS Group during the 4th quarter worth approximately $193,000. Claraphi Advisory Network LLC purchased a new position in UBS Group during the 4th quarter worth approximately $200,000. Lourd Capital LLC purchased a new position in UBS Group during the 4th quarter worth approximately $230,000. Finally, River Road Asset Management LLC purchased a new position in UBS Group during the 3rd quarter worth approximately $225,000. Hedge funds and other institutional investors own 33.94% of the company’s stock.

Several equities analysts have weighed in on the stock. Morgan Stanley reiterated a “buy” rating on shares of UBS Group in a research report on Tuesday. Zacks Investment Research lowered shares of UBS Group from a “hold” rating to a “sell” rating in a research note on Tuesday, October 24th. Bank of America raised shares of UBS Group from a “neutral” rating to a “buy” rating in a research note on Friday, November 10th. TheStreet raised shares of UBS Group from a “d” rating to a “c” rating in a research note on Monday, November 27th. Finally, Barclays initiated coverage on shares of UBS Group in a research note on Tuesday, January 16th. They set an “underweight” rating for the company. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $22.00.

Shares of UBS Group AG (UBS) opened at $18.62 on Wednesday. The stock has a market cap of $71,681.30, a price-to-earnings ratio of 64.21 and a beta of 1.28. UBS Group AG has a 52 week low of $15.10 and a 52 week high of $20.89. The company has a debt-to-equity ratio of 2.72, a quick ratio of 1.21 and a current ratio of 1.21.

UBS Group announced that its Board of Directors has initiated a share repurchase plan on Monday, January 22nd that authorizes the company to buyback shares. This buyback authorization authorizes the bank to buy shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its stock is undervalued.

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UBS Group Company Profile

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 Group (NYSE:UBS)

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