Stifel Financial Corp lifted its holdings in UBS AG (NYSE:UBS) by 1.8% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 343,627 shares of the bank’s stock after purchasing an additional 5,946 shares during the quarter. Stifel Financial Corp’s holdings in UBS were worth $5,892,000 as of its most recent filing with the SEC.
Several other large investors have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its stake in shares of UBS by 0.3% in the third quarter. Dimensional Fund Advisors LP now owns 2,304,240 shares of the bank’s stock worth $39,518,000 after purchasing an additional 7,645 shares in the last quarter. Commonwealth Bank of Australia grew its stake in shares of UBS by 5.7% in the third quarter. Commonwealth Bank of Australia now owns 593,235 shares of the bank’s stock worth $10,135,000 after purchasing an additional 32,030 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of UBS by 34.4% in the third quarter. Wells Fargo & Company MN now owns 4,372,190 shares of the bank’s stock worth $74,983,000 after purchasing an additional 1,118,473 shares in the last quarter. Trexquant Investment LP bought a new position in shares of UBS in the third quarter worth $529,000. Finally, Virginia Retirement Systems ET AL boosted its stake in UBS by 1.8% during the third quarter. Virginia Retirement Systems ET AL now owns 973,493 shares of the bank’s stock valued at $16,651,000 after buying an additional 17,147 shares in the last quarter. 32.00% of the stock is owned by institutional investors.
Several research analysts recently weighed in on the company. Zacks Investment Research cut UBS from a “hold” rating to a “sell” rating in a research note on Tuesday, October 24th. TheStreet raised UBS from a “d” rating to a “c” rating in a research note on Monday, November 27th. Instinet cut UBS from a “buy” rating to a “neutral” rating in a research note on Sunday, October 1st. Societe Generale reaffirmed a “hold” rating on shares of UBS in a research note on Monday, October 30th. Finally, Bank of America raised UBS from a “neutral” rating to a “buy” rating in a research note on Friday, November 10th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $19.00.
Shares of UBS AG (NYSE:UBS) traded up $0.15 during mid-day trading on Friday, reaching $18.04. The company had a trading volume of 2,326,500 shares, compared to its average volume of 2,028,678. UBS AG has a fifty-two week low of $15.10 and a fifty-two week high of $18.31. The company has a market capitalization of $68,925.11, a PE ratio of 15.69, a P/E/G ratio of 0.91 and a beta of 1.22. The company has a debt-to-equity ratio of 2.46, a current ratio of 1.21 and a quick ratio of 1.21.
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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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