Saturday, June 22, 2024

Clearbridge Investments LLC decreases its stake in UBS Group AG (NYSE:UBS)

Institutional Investors Adjust Positions in UBS Group AG During Fourth Quarter

Are you interested in learning more about the recent changes in institutional investments in UBS Group AG (NYSE:UBS)? Clearbridge Investments LLC recently decreased its position in the bank’s stock by 2.0% during the fourth quarter, selling 3,859 shares. Other institutional investors, such as Anchor Investment Management LLC and Cary Street Partners Investment Advisory LLC, have also made changes to their positions in UBS Group.

UBS Group’s stock opened at $30.87 on Friday, with a current ratio of 1.08 and a quick ratio of 1.08. The company’s 50-day moving average price is $29.53, and its 200-day moving average price is $28.99. Analysts have recently issued ratings changes for UBS, with four brokerages giving the stock a hold rating and three issuing a buy rating.

UBS Group AG provides financial advice and solutions to clients worldwide through its five divisions. If you want to see what other hedge funds are holding UBS, visit HoldingsChannel.com for the latest 13F filings and insider trades. Stay updated on UBS Group news and ratings by signing up for MarketBeat.com’s FREE daily email newsletter.

For more information on UBS Group AG, including a free report, visit MarketBeat.com.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The content is based on general research and may not be accurate, reliable, or up-to-date. Before making any financial decisions, it is recommended to consult with a professional financial advisor or conduct thorough research to verify the accuracy of the information presented. The author and publisher disclaim any liability for any financial losses or damages incurred as a result of relying on the information provided in this article. Readers are encouraged to independently verify the facts and information before making any financial decisions.

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