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Russell Investments boosted its UBS stake, while Aviva PLC cut holdings; UBS earnings missed estimates despite revenue rise.
In the fourth quarter, Russell Investments increased its UBS stake by 2.6%, now owning shares worth $172 million, while Aviva PLC reduced its holdings by 4.3%, owning shares valued at $121 million.
UBS reported earnings of $0.23 per share, missing estimates by $0.08, though revenue rose 1.9% to $11.06 billion.
The company, with a market cap of $85.64 billion, has an average analyst rating of "Hold."
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Russell Investments impulsó su participación en UBS, mientras que Aviva PLC redujo sus participaciones; las ganancias de UBS fallaron en las estimaciones a pesar del aumento de ingresos.