BBR Partners LLC increased its stake in shares of UBS AG (NYSE:UBS) by 10.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 68,800 shares of the company’s stock after buying an additional 6,555 shares during the period. UBS AG comprises approximately 0.2% of BBR Partners LLC’s holdings, making the stock its 21st largest position. BBR Partners LLC’s holdings in UBS AG were worth $1,078,000 at the end of the most recent reporting period.
Several other institutional investors also recently made changes to their positions in the stock. IFP Advisors Inc raised its stake in UBS AG by 44.1% in the second quarter. IFP Advisors Inc now owns 8,494 shares of the company’s stock valued at $110,000 after buying an additional 2,598 shares during the last quarter. BTC Capital Management Inc. purchased a new position in shares of UBS AG during the second quarter valued at about $137,000. Edmond DE Rothschild Monaco purchased a new position in shares of UBS AG during the third quarter valued at about $154,000. Harbor Advisors LLC purchased a new position in shares of UBS AG during the fourth quarter valued at about $156,000. Finally, Suntrust Banks Inc. increased its position in shares of UBS AG by 11.2% in the third quarter. Suntrust Banks Inc. now owns 12,150 shares of the company’s stock valued at $164,000 after buying an additional 1,228 shares in the last quarter. Institutional investors own 26.52% of the company’s stock.
Shares of UBS AG (NYSE:UBS) traded down 0.38% during mid-day trading on Monday, reaching $15.84. 2,438,419 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $16.33 and its 200-day moving average price is $14.92. UBS AG has a one year low of $11.93 and a one year high of $17.44. The company has a market capitalization of $58.45 billion, a PE ratio of 18.27 and a beta of 1.36.
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Several research analysts have recently issued reports on UBS shares. Citigroup Inc. reiterated a “buy” rating on shares of UBS AG in a research note on Tuesday, October 25th. Keefe, Bruyette & Woods upgraded shares of UBS AG from a “market perform” rating to an “outperform” rating in a research note on Thursday, November 10th. Zacks Investment Research upgraded shares of UBS AG from a “sell” rating to a “hold” rating in a research note on Thursday, November 24th. Morgan Stanley upgraded shares of UBS AG from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, December 6th. Finally, J P Morgan Chase & Co upgraded shares of UBS AG from an “underweight” rating to a “neutral” rating in a research note on Monday, December 12th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $16.55.
About UBS AG
UBS Group AG (UBS) is a holding company. The Company provides a range of financial services, including advisory services, underwriting, financing, market-making, asset management and brokerage on a global level, and retail banking in Switzerland. The Company comprises Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank.
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