UBS Group AG (NYSE:UBS) Short Interest Update

UBS Group AG (NYSE:UBS) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 20,146,890 shares, a growth of 29.2% from the February 28th total of 15,591,113 shares. Based on an average trading volume of 3,221,196 shares, the short-interest ratio is presently 6.3 days.

Several institutional investors and hedge funds have recently modified their holdings of UBS. Rhumbline Advisers acquired a new stake in shares of UBS Group in the 3rd quarter valued at about $196,000. MML Investors Services LLC acquired a new position in UBS Group during the 3rd quarter valued at about $210,000. Alliancebernstein L.P. boosted its stake in UBS Group by 1.2% during the 3rd quarter. Alliancebernstein L.P. now owns 1,154,665 shares of the bank’s stock valued at $18,163,000 after purchasing an additional 13,429 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in UBS Group by 14.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 78,594 shares of the bank’s stock valued at $1,235,000 after purchasing an additional 9,794 shares during the last quarter. Finally, BlackRock Inc. boosted its stake in UBS Group by 504,938.7% during the 3rd quarter. BlackRock Inc. now owns 156,562 shares of the bank’s stock valued at $2,463,000 after purchasing an additional 156,531 shares during the last quarter. Institutional investors own 37.18% of the company’s stock.

UBS Group stock traded up $0.08 during trading hours on Wednesday, reaching $13.17. 3,043,677 shares of the company’s stock were exchanged, compared to its average volume of 3,034,211. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.56. UBS Group has a twelve month low of $11.60 and a twelve month high of $16.97. The company has a market cap of $51.09 billion, a P/E ratio of 9.34 and a beta of 1.14.

UBS Group (NYSE:UBS) last issued its quarterly earnings results on Tuesday, January 22nd. The bank reported $0.12 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.23 by ($0.11). UBS Group had a return on equity of 9.82% and a net margin of 12.55%. The business had revenue of $6.97 billion for the quarter. Equities research analysts forecast that UBS Group will post 1.33 EPS for the current fiscal year.

Several research analysts recently issued reports on UBS shares. Royal Bank of Canada reaffirmed a “hold” rating on shares of UBS Group in a research report on Wednesday, January 23rd. Societe Generale lowered UBS Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 9th. Zacks Investment Research raised UBS Group from a “sell” rating to a “hold” rating in a research report on Saturday, January 5th. Keefe, Bruyette & Woods lowered UBS Group from an “outperform” rating to a “market perform” rating in a research report on Tuesday, March 26th. Finally, Credit Suisse Group reaffirmed an “outperform” rating on shares of UBS Group in a research report on Thursday, February 21st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. UBS Group has a consensus rating of “Hold”.

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UBS Group Company Profile

UBS Group AG, together with its subsidiaries, provides financial advice and solutions worldwide. It operates through four divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, and Investment Bank. The Global Wealth Management division offers investment advisory and solutions to private clients, and high and ultra high net worth clients.

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