UBS Group AG (NYSE:UBS – Get Free Report) has earned a consensus recommendation of “Hold” from the eleven analysts that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $60.30.
Several equities analysts have recently issued reports on UBS shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of UBS Group in a report on Wednesday, May 13th. The Goldman Sachs Group reissued a “neutral” rating on shares of UBS Group in a report on Friday, February 6th. Barclays raised UBS Group from an “underweight” rating to an “equal weight” rating in a report on Monday, April 20th. Royal Bank Of Canada reissued an “outperform” rating on shares of UBS Group in a report on Thursday, May 7th. Finally, Weiss Ratings cut UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 4th.
Check Out Our Latest Report on UBS
UBS Group Stock Performance
UBS Group (NYSE:UBS – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The bank reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.09. The business had revenue of $13.64 billion during the quarter, compared to analysts’ expectations of $13.16 billion. UBS Group had a return on equity of 10.05% and a net margin of 12.66%. On average, equities analysts expect that UBS Group will post 3.25 EPS for the current year.
Hedge Funds Weigh In On UBS Group
A number of large investors have recently bought and sold shares of UBS. Norges Bank acquired a new position in UBS Group in the 4th quarter worth about $4,889,413,000. Wellington Management Group LLP raised its holdings in UBS Group by 254.9% in the 3rd quarter. Wellington Management Group LLP now owns 63,671,310 shares of the bank’s stock worth $2,601,589,000 after purchasing an additional 45,731,061 shares during the period. Viking Global Investors LP raised its holdings in UBS Group by 407.5% in the 3rd quarter. Viking Global Investors LP now owns 13,096,560 shares of the bank’s stock worth $534,852,000 after purchasing an additional 10,516,148 shares during the period. Ninety One UK Ltd acquired a new position in UBS Group in the 4th quarter worth about $411,917,000. Finally, Bank of Montreal Can raised its holdings in UBS Group by 248.7% in the 3rd quarter. Bank of Montreal Can now owns 9,325,276 shares of the bank’s stock worth $380,782,000 after purchasing an additional 6,650,862 shares during the period.
Key UBS Group News
Here are the key news stories impacting UBS Group this week:
- Positive Sentiment: UBS continues to attract attention after its latest earnings report, with the stock already up since then and investors now watching to see if the recent momentum can continue. Strong prior quarter results may be helping support sentiment. UBS (UBS) Up 6.7% Since Last Earnings Report: Can It Continue?
- Positive Sentiment: UBS announced leadership appointments in its Southeast U.S. wealth management region, a move that could help expand its presence in fast-growing wealth centers and support longer-term asset gathering. UBS Announces Leadership Appointments in the Southeast US Region
- Positive Sentiment: UBS remains active in central bank and tokenized-payments work through the BIS Project Agorá testing, which may reinforce its position in digital finance and transaction infrastructure. BIS Tests Tokenized Bank Payments With Visa, JPMorgan, UBS and Deutsche Bank
- Neutral Sentiment: UBS-related commentary on family office clients reducing U.S. exposure may reflect portfolio reallocation trends, but it is not clearly a direct operating negative for the bank. UBS Family Office Clients Cut US Exposure in Wealth Revamp
- Neutral Sentiment: UBS also had multiple stock-rating notes on other companies it covers, but those research updates do not appear to materially change UBS Group’s own fundamentals today. Michael Lasser Reiterates Buy on Dick’s Sporting Goods
- Negative Sentiment: News that UBS family office clients are quietly pulling money out of the U.S. could raise concerns about asset flows and near-term wealth management demand. UBS family office clients are quietly pulling money out of the US
UBS Group Company Profile
UBS Group AG is a Swiss multinational financial services firm that provides a broad range of banking and capital markets services to private, institutional and corporate clients. Headquartered in Zurich, UBS operates as a universal bank with a primary focus on wealth management, asset management, investment banking and retail and commercial banking in Switzerland. The firm serves high-net-worth and ultra-high-net-worth individuals, pension funds, corporations and institutional investors through a global network of offices.
Key business activities include global wealth management—offering financial planning, investment advisory, discretionary portfolio management and custody services—alongside asset management products for institutional and retail investors.
Featured Articles
- Five stocks we like better than UBS Group
- These 3 CLO ETFs Target a Niche Corner of the Fixed-Income Market
- 3 Ways to Play the Data Center Land Grab
- The Smarter Way to Invest in AI Without Taking Extreme Risk
- 3 Dividend Kings That Earn Their Crown Every Quarter
Receive News & Ratings for UBS Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UBS Group and related companies with MarketBeat.com's FREE daily email newsletter.
