ABN AMRO Bank N.V. Trims Stock Holdings in UBS Group AG $UBS

ABN AMRO Bank N.V. lowered its stake in UBS Group AG (NYSE:UBS) by 22.2% during the first quarter, HoldingsChannel reports. The institutional investor owned 1,470,238 shares of the bank’s stock after selling 420,648 shares during the quarter. ABN AMRO Bank N.V.’s holdings in UBS Group were worth $56,718,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in UBS. MidFirst Bank purchased a new position in shares of UBS Group during the 4th quarter worth approximately $30,000. Navalign LLC acquired a new position in UBS Group during the fourth quarter worth $32,000. Larson Financial Group LLC boosted its position in shares of 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 buying an additional 445 shares during the period. Prosperity Bancshares Inc purchased a new position in shares of UBS Group during the fourth quarter worth $40,000. Finally, Empowered Funds LLC acquired a new stake in shares of UBS Group in the fourth quarter valued at $41,000.

Key Headlines Impacting UBS Group

Here are the key news stories impacting UBS Group this week:

• Positive Sentiment: UBS continues to appear well-positioned on profitability, with an article highlighting it as one of the most profitable value stocks and citing strong trailing-twelve-month net income of $9.12 billion. 5 Most Profitable Value Stocks to Invest In Now
• Positive Sentiment: The IMF gave strong backing to Switzerland’s capital plan for UBS, which could reduce uncertainty around future regulatory requirements and bolster confidence in the bank’s balance-sheet strength. Swiss government’s capital plan for UBS Group receives IMF praise
• Neutral Sentiment: UBS has also been active on the analyst and research front, including coverage of names like Broadcom, T-Mobile, Six Flags, and Veritone, but these items are more about UBS’s market commentary than a direct catalyst for UBS shares. UBS Maintains Buy Rating on Broadcom (AVGO) Stock
• Neutral Sentiment: UBS also urged investors to build more resilient portfolios, a message that underscores a cautious macro tone rather than a clearly stock-moving company-specific development. UBS Group (SWX:UBSG) Urges Investors To Build More Resilient Portfolios

Analysts Set New Price Targets

Several research firms recently issued reports on UBS. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of UBS Group in a report on Wednesday, May 13th. Citigroup reissued a “neutral” rating on shares of UBS Group in a research report on Thursday, April 23rd. Keefe, Bruyette & Woods lowered shares of UBS Group from a “hold” rating to a “moderate sell” rating in a research note on Friday, June 19th. Barclays upgraded shares of UBS Group from an “underweight” rating to an “equal weight” rating in a report on Monday, April 20th. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of UBS Group in a research note on Thursday, April 23rd. Four research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, UBS Group presently has an average rating of “Hold” and an average price target of $60.30.

UBS Group Price Performance

UBS stock opened at $49.14 on Friday. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.85 and a quick ratio of 1.19. The firm has a market capitalization of $153.52 billion, a P/E ratio of 17.61, a P/E/G ratio of 0.82 and a beta of 1.19. The business’s 50-day moving average is $46.49 and its two-hundred day moving average is $44.26. UBS Group AG has a 1 year low of $33.26 and a 1 year high of $51.24.

UBS Group (NYSE:UBS) last released its earnings results on Wednesday, April 29th. The bank reported $0.94 earnings per share for the quarter, topping 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 firm had revenue of $13.64 billion for the quarter, compared to analyst estimates of $13.16 billion. Analysts anticipate that UBS Group AG will post 3.33 earnings per share for the current fiscal year.

UBS Group 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.