Cullinan Associates Inc. Acquires 11,407 Shares of UBS Group AG $UBS

Cullinan Associates Inc. boosted its holdings in UBS Group AG (NYSE:UBS) by 39.3% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 40,407 shares of the bank’s stock after acquiring an additional 11,407 shares during the quarter. Cullinan Associates Inc.’s holdings in UBS Group were worth $1,579,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wellington Management Group LLP grew its stake 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 buying an additional 45,731,061 shares in the last quarter. Compagnie Lombard Odier SCmA raised its position in shares of UBS Group by 3.0% during the 4th quarter. Compagnie Lombard Odier SCmA now owns 5,382,437 shares of the bank’s stock valued at $251,104,000 after buying an additional 158,770 shares in the last quarter. Pictet Asset Management Holding SA lifted its holdings in shares of UBS Group by 1.8% during the 4th quarter. Pictet Asset Management Holding SA now owns 35,932,192 shares of the bank’s stock worth $1,676,302,000 after acquiring an additional 629,310 shares during the last quarter. Crocodile Capital Partners GmbH lifted its holdings in shares of UBS Group by 5.9% during the 4th quarter. Crocodile Capital Partners GmbH now owns 1,070,000 shares of the bank’s stock worth $49,552,000 after acquiring an additional 60,000 shares during the last quarter. Finally, Perbak Capital Partners LLP purchased a new position in UBS Group in the third quarter worth $5,020,000.

Analysts Set New Price Targets

A number of research firms recently commented on UBS. Weiss Ratings cut UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Keefe, Bruyette & Woods cut UBS Group from a “hold” rating to a “moderate sell” rating in a report on Friday, June 19th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of UBS Group in a research report on Monday, June 29th. Morgan Stanley reaffirmed an “underweight” rating on shares of UBS Group in a research note on Thursday, July 2nd. Finally, Barclays upgraded shares of UBS Group from an “underweight” rating to an “equal weight” rating in a report on Monday, April 20th. Four equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $60.30.

UBS Group Trading Up 0.3%

UBS traded up $0.17 on Friday, hitting $52.03. 1,253,913 shares of the company were exchanged, compared to its average volume of 1,680,565. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.19 and a current ratio of 0.85. The firm has a fifty day simple moving average of $48.18 and a two-hundred day simple moving average of $44.79. The stock has a market capitalization of $162.54 billion, a PE ratio of 18.65, a price-to-earnings-growth ratio of 0.81 and a beta of 1.19. UBS Group AG has a 12 month low of $35.39 and a 12 month high of $52.28.

UBS Group (NYSE:UBS) last announced its quarterly earnings data on Wednesday, April 29th. The bank reported $0.94 earnings per share for the quarter, beating 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. Sell-side analysts expect that UBS Group AG will post 3.49 earnings per share for the current year.

Trending Headlines about UBS Group

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

• Positive Sentiment: The SEC said it would not object to certain UBS security transactions tied to Switzerland’s bank-resolution framework, reducing a key regulatory overhang and supporting UBS’s crisis-planning flexibility. SEC Clears Path for UBS Crisis Resolution Plans
• Positive Sentiment: SWIFT launched a blockchain-ledger pilot with 17 major banks, including UBS, which could reinforce UBS’s role in next-generation cross-border payments and tokenized deposits. SWIFT launches blockchain ledger with 17-bank tokenized deposit pilot
• Positive Sentiment: UBS’s research on memory-chip pricing has been cited as bullish for the semiconductor cycle, highlighting UBS’s influence in shaping market expectations around a potentially improving tech supply chain. Memory Prices Are Set to Rise, Says UBS. Here Are the Stocks That Could Benefit
• Neutral Sentiment: UBS partnered with MSCI to strengthen private-markets analytics, a strategic move that could support future wealth-management and institutional offerings but is unlikely to move the stock immediately. MSCI Strengthens Private Markets Platform Through UBS Partnership
• Negative Sentiment: A Reuters/FT-style report said UBS advised clients to reduce exposure to Blue Owl’s private-credit fund, and that call was linked to an investor exodus after UBS flagged rising default risk in private credit. That creates some reputational noise around UBS’s view of the asset class. UBS helped trigger exodus from Blue Owl private credit fund

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.