UBS Group AG (NYSE:UBS) Shares Acquired by Compagnie Lombard Odier SCmA

Compagnie Lombard Odier SCmA raised its stake in UBS Group AG (NYSE:UBS) by 13.8% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 4,689,965 shares of the bank’s stock after buying an additional 568,308 shares during the quarter. UBS Group makes up about 1.7% of Compagnie Lombard Odier SCmA’s investment portfolio, making the stock its 14th largest holding. Compagnie Lombard Odier SCmA owned about 0.15% of UBS Group worth $142,440,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. City Holding Co. bought a new stake in UBS Group in the 1st quarter valued at about $25,000. Rakuten Securities Inc. bought a new stake in shares of UBS Group during the fourth quarter valued at approximately $30,000. Headlands Technologies LLC acquired a new position in shares of UBS Group during the fourth quarter worth approximately $33,000. Kohmann Bosshard Financial Services LLC acquired a new stake in UBS Group in the 4th quarter valued at approximately $41,000. Finally, Continuum Advisory LLC raised its stake in UBS Group by 31.1% during the 4th quarter. Continuum Advisory LLC now owns 2,009 shares of the bank’s stock valued at $61,000 after acquiring an additional 477 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on UBS shares. Wedbush reissued a “neutral” rating on shares of UBS Group in a research note on Tuesday, May 27th. Keefe, Bruyette & Woods raised shares of UBS Group from a “moderate sell” rating to a “hold” rating in a report on Thursday, April 17th. Royal Bank of Canada reissued an “outperform” rating on shares of UBS Group in a research note on Wednesday, May 21st. DZ Bank raised shares of UBS Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 6th. Finally, Jefferies Financial Group upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a report on Tuesday, June 3rd. One analyst has rated the stock with a sell rating, four have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

UBS Group Price Performance

NYSE:UBS opened at $32.67 on Thursday. UBS Group AG has a 52-week low of $25.75 and a 52-week high of $35.84. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 3.76. The business’s 50-day moving average price is $30.64 and its 200 day moving average price is $31.91. The firm has a market cap of $104.76 billion, a P/E ratio of 21.50 and a beta of 1.16.

UBS Group (NYSE:UBS) last issued its earnings results on Wednesday, April 30th. The bank reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.09. The firm had revenue of $11.90 billion during the quarter, compared to analysts’ expectations of $10.19 billion. UBS Group had a net margin of 6.93% and a return on equity of 5.93%. As a group, sell-side analysts predict that UBS Group AG will post 1.9 earnings per share for the current fiscal year.

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.