UBS Group AG $UBS Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC boosted its holdings in UBS Group AG (NYSE:UBS) by 18.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,332,234 shares of the bank’s stock after purchasing an additional 670,001 shares during the quarter. Natixis Advisors LLC’s holdings in UBS Group were worth $200,626,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Channing Global Advisors LLC boosted its holdings in UBS Group by 1.8% in the fourth quarter. Channing Global Advisors LLC now owns 685,636 shares of the bank’s stock worth $31,978,000 after purchasing an additional 12,227 shares during the period. Root Financial Partners LLC boosted its holdings in UBS Group by 5.2% in the fourth quarter. Root Financial Partners LLC now owns 16,187 shares of the bank’s stock worth $750,000 after purchasing an additional 803 shares during the period. a16z Perennial Management L.P. boosted its holdings in UBS Group by 9.0% in the fourth quarter. a16z Perennial Management L.P. now owns 6,159 shares of the bank’s stock worth $285,000 after purchasing an additional 511 shares during the period. Norges Bank acquired a new position in UBS Group in the fourth quarter worth $4,889,413,000. Finally, Inspire Trust Co. N.A. boosted its holdings in UBS Group by 4.0% in the fourth quarter. Inspire Trust Co. N.A. now owns 130,000 shares of the bank’s stock worth $6,020,000 after purchasing an additional 5,000 shares during the period.

UBS Group Price Performance

Shares of NYSE UBS opened at $47.98 on Tuesday. UBS Group AG has a fifty-two week low of $30.36 and a fifty-two week high of $49.36. The firm’s 50-day simple moving average is $42.87 and its 200 day simple moving average is $42.89. The company has a quick ratio of 1.19, a current ratio of 0.85 and a debt-to-equity ratio of 1.23. The stock has a market cap of $149.89 billion, a P/E ratio of 17.20, a P/E/G ratio of 0.81 and a beta of 1.19.

UBS Group (NYSE:UBS) last issued its quarterly earnings data on Wednesday, April 29th. The bank reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.09. UBS Group had a net margin of 12.66% and a return on equity of 10.05%. The business had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $13.16 billion. Equities analysts expect that UBS Group AG will post 3.25 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Weiss Ratings downgraded shares of UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of UBS Group in a report on Wednesday, May 13th. Barclays raised shares of UBS Group from an “underweight” rating to an “equal weight” rating in a report on Monday, April 20th. Citigroup reaffirmed a “neutral” rating on shares of UBS Group in a report on Thursday, April 23rd. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of UBS Group in a research note on Thursday, May 7th. Five research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $60.30.

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.