UBS Group AG $UBS Holdings Lifted by Groupe la Francaise

Groupe la Francaise lifted its stake in UBS Group AG (NYSE:UBS) by 39.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 119,479 shares of the bank’s stock after purchasing an additional 33,826 shares during the quarter. Groupe la Francaise’s holdings in UBS Group were worth $4,028,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in UBS. Arrowstreet Capital Limited Partnership boosted its holdings in UBS Group by 6.7% during the second quarter. Arrowstreet Capital Limited Partnership now owns 18,739,159 shares of the bank’s stock valued at $634,211,000 after acquiring an additional 1,177,438 shares during the period. M&T Bank Corp lifted its position in shares of UBS Group by 6.2% during the 2nd quarter. M&T Bank Corp now owns 298,111 shares of the bank’s stock worth $10,085,000 after buying an additional 17,305 shares during the period. Brandes Investment Partners LP lifted its holdings in shares of UBS Group by 11.5% during the second quarter. Brandes Investment Partners LP now owns 1,754,446 shares of the bank’s stock valued at $59,336,000 after acquiring an additional 180,965 shares during the period. Fisher Asset Management LLC boosted its position in UBS Group by 16.9% in the second quarter. Fisher Asset Management LLC now owns 58,424,089 shares of the bank’s stock valued at $1,975,903,000 after buying an additional 8,448,219 shares in the last quarter. Finally, Neuberger Berman Group LLC boosted its holdings in shares of UBS Group by 14.9% in the 2nd quarter. Neuberger Berman Group LLC now owns 181,910 shares of the bank’s stock worth $6,144,000 after acquiring an additional 23,627 shares in the last quarter.

UBS Group Stock Up 0.2%

NYSE UBS opened at $38.84 on Thursday. The company has a 50 day moving average of $38.93 and a 200-day moving average of $37.36. The company has a market cap of $124.52 billion, a price-to-earnings ratio of 17.49, a PEG ratio of 0.62 and a beta of 1.13. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 3.69. UBS Group AG has a 1-year low of $25.75 and a 1-year high of $42.56.

UBS Group (NYSE:UBS) last announced its quarterly earnings data on Wednesday, October 29th. The bank reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.28. The business had revenue of $12.76 billion for the quarter, compared to analysts’ expectations of $9.68 billion. UBS Group had a net margin of 11.02% and a return on equity of 8.31%. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period last year, the firm posted $0.43 earnings per share. On average, equities research analysts expect that UBS Group AG will post 1.9 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Morgan Stanley reissued an “underweight” rating on shares of UBS Group in a report on Monday, November 24th. Keefe, Bruyette & Woods lowered shares of UBS Group from a “hold” rating to a “moderate sell” rating in a report on Friday, November 7th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of UBS Group in a research report on Thursday, August 14th. Weiss Ratings reiterated a “buy (b)” rating on shares of UBS Group in a report on Wednesday, October 8th. Finally, Wall Street Zen upgraded shares of UBS Group from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

About UBS Group

UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through five divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, Investment Bank, and Non-core and Legacy. The company offers investment advice, estate and wealth planning, investing, corporate and banking, and investment management, as well as mortgage, securities-based, and structured lending solutions.