Inspire Trust Co. N.A. has increased its stake in UBS Group AG by 36.6% during the third quarter, according to the latest Form 13F filing with the Securities and Exchange Commission.

Increased Stake in UBS Group

The company now holds 104,417 shares of UBS Group, having acquired an additional 28,000 shares during this period. The value of Inspire Trust's holdings in UBS Group is reported to be approximately $3.23 million.

Broader Trend of Adjusted Positions

This increase in stake is part of a broader trend, as several large investors have also adjusted their positions in UBS Group. Commerce Bank, Drive Wealth Management LLC, and Rosenberg Matthew Hamilton have all increased their holdings in the bank.

Market Capitalization and Stock Performance

UBS Group's stock has a market capitalization of $102.67 billion and a price-to-earnings (PE) ratio of 26.68. The stock has experienced a 52-week range, with a low of $26.00 and a high of $33.34.

Strong Quarterly Earnings

UBS Group recently announced its quarterly earnings, reporting earnings per share (EPS) of $0.43, surpassing analysts' expectations. The bank's revenue for the quarter reached $19.31 billion.

Mixed Analyst Sentiment

Analyst sentiment regarding UBS Group has been mixed, with some upgrading the bank's shares to a "buy" rating and others assigning a "neutral" rating.

Key Divisions of UBS Group

UBS Group operates through five key divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, Investment Bank, and Non-core and Legacy.

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