Andra AP fonden raised its holdings in UBS Group AG (NYSE:UBS – Free Report) by 578.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 442,119 shares of the bank’s stock after purchasing an additional 376,955 shares during the quarter. Andra AP fonden’s holdings in UBS Group were worth $17,274,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UBS. Whipplewood Advisors LLC purchased a new position in shares of UBS Group during the 1st quarter valued at about $25,000. MidFirst Bank purchased a new stake in shares of UBS Group in the fourth quarter worth about $30,000. Navalign LLC acquired a new stake in UBS Group during the fourth quarter worth about $32,000. Larson Financial Group LLC grew its holdings 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 acquiring an additional 445 shares during the period. Finally, JPL Wealth Management LLC purchased a new position in UBS Group during the third quarter valued at approximately $37,000.
UBS Group Stock Performance
Shares of UBS Group stock opened at $52.35 on Wednesday. The business’s 50 day moving average price is $49.33 and its 200 day moving average price is $45.08. The company has a market cap of $163.53 billion, a price-to-earnings ratio of 18.76, a PEG ratio of 0.80 and a beta of 1.19. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.19 and a current ratio of 0.85. UBS Group AG has a one year low of $35.94 and a one year high of $55.15.
Key Headlines Impacting UBS Group
Here are the key news stories impacting UBS Group this week:
- Positive Sentiment: UBS AG Singapore Branch is acting as stabilising manager for Foundation Healthcare Holdings’ share offering/IPO, a fee-generating capital markets assignment that highlights UBS’s ongoing deal activity in Asia. UBS Conducts Stabilising Purchases for Foundation Healthcare Share Offering
- Positive Sentiment: UBS Group received an average brokerage rating of “Hold”, which is neutral-to-stable and suggests Wall Street is not turning more negative on the stock. UBS Group AG (NYSE:UBS) Receives Average Rating of “Hold” from Brokerages
- Neutral Sentiment: One article revisited UBS analyst Timothy Arcuri’s bullish call on Micron, where he sees major AI-memory upside and a potential historic buyback program; this reflects UBS’s influence on market-moving research, but it is not directly about UBS’s own earnings or fundamentals. Micron (MU) Could Buy Back Over 40% of Its Stock by 2028, Says 5-Star Analyst Timothy Arcuri
- Neutral Sentiment: Tom Hayes’ comments about UBS’s “Project Chocolate” probe keep past legal/rates-fixing issues in the background, but the story appears to be more of a historical controversy than a fresh financial catalyst. Tom Hayes says UBS’s ‘Project Chocolate’ probe shows he was targeted from outset
Analysts Set New Price Targets
UBS has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of UBS Group in a report on Monday, June 29th. Keefe, Bruyette & Woods downgraded shares of UBS Group from a “hold” rating to a “moderate sell” rating in a report on Friday, June 19th. Weiss Ratings lowered shares of UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Citigroup reiterated a “neutral” rating on shares of UBS Group in a research report on Monday. Finally, Wall Street Zen raised shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Saturday. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $60.30.
Check Out Our Latest Stock Report on UBS Group
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.
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