Royal London Asset Management Ltd. lowered its position in shares of UBS Group AG (NYSE:UBS – Free Report) by 1.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,534,187 shares of the bank’s stock after selling 50,926 shares during the quarter. Royal London Asset Management Ltd. owned about 0.11% of UBS Group worth $163,668,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Navalign LLC acquired a new position in shares of UBS Group in the 4th quarter valued at about $32,000. Larson Financial Group LLC grew its stake in UBS Group by 118.4% during the third quarter. Larson Financial Group LLC now owns 821 shares of the bank’s stock worth $34,000 after purchasing an additional 445 shares during the period. JPL Wealth Management LLC bought a new stake in UBS Group in the third quarter worth approximately $37,000. Empowered Funds LLC bought a new stake in UBS Group in the fourth quarter worth approximately $41,000. Finally, Cornerstone Planning Group LLC lifted its stake in UBS Group by 1,013.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 969 shares of the bank’s stock valued at $46,000 after buying an additional 882 shares during the period.
Analysts Set New Price Targets
UBS has been the topic of a number of research analyst reports. Morgan Stanley restated an “underweight” rating on shares of UBS Group in a report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of UBS Group in a research report on Wednesday, May 13th. Royal Bank Of Canada reissued an “outperform” rating on shares of UBS Group in a research note on Thursday, May 7th. Citigroup restated a “neutral” rating on shares of UBS Group in a report on Thursday, April 23rd. Finally, Barclays raised shares of UBS Group from an “underweight” rating to an “equal weight” rating in a research note on Monday, April 20th. Four equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, UBS Group currently has a consensus rating of “Hold” and an average price target of $60.30.
UBS Group Stock Performance
UBS opened at $48.93 on Friday. The company has a current ratio of 0.85, a quick ratio of 1.19 and a debt-to-equity ratio of 1.23. The company’s fifty day moving average price is $44.69 and its two-hundred day moving average price is $43.45. The company has a market cap of $152.84 billion, a price-to-earnings ratio of 17.54, a PEG ratio of 0.82 and a beta of 1.19. UBS Group AG has a 1-year low of $30.36 and a 1-year high of $49.36.
UBS Group (NYSE:UBS – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The bank reported $0.94 EPS for the quarter, topping the consensus estimate of $0.85 by $0.09. UBS Group had a return on equity of 10.05% and a net margin of 12.66%.The firm had revenue of $13.64 billion during the quarter, compared to the consensus estimate of $13.16 billion. On average, analysts expect that UBS Group AG will post 3.27 EPS for the current fiscal year.
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.
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