UBS Group AG $UBS Shares Acquired by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership increased its holdings in UBS Group AG (NYSE:UBS) by 7.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,850,928 shares of the bank’s stock after buying an additional 1,323,586 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in UBS Group were worth $728,340,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Whipplewood Advisors LLC bought a new stake in UBS Group during the 1st quarter valued at $25,000. MidFirst Bank bought a new position in shares of UBS Group in the fourth quarter worth $30,000. Navalign LLC bought a new position in shares of UBS Group in the fourth quarter worth $32,000. Larson Financial Group LLC increased its holdings 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 valued at $34,000 after purchasing an additional 445 shares during the period. Finally, Prosperity Bancshares Inc acquired a new position in shares of UBS Group during the fourth quarter valued at $40,000.

UBS Group Stock Down 2.1%

Shares of NYSE:UBS opened at $51.54 on Friday. 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 company has a market cap of $161.01 billion, a PE ratio of 18.47, a price-to-earnings-growth ratio of 0.82 and a beta of 1.19. UBS Group AG has a 52 week low of $35.94 and a 52 week high of $55.15. The firm has a 50 day simple moving average of $49.57 and a 200 day simple moving average of $45.16.

UBS Group (NYSE:UBS) last posted its quarterly earnings data on Wednesday, April 29th. The bank reported $0.94 earnings per share for the quarter, topping the consensus estimate 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 analysts’ expectations of $13.16 billion. As a group, research analysts expect that UBS Group AG will post 3.51 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on UBS. Keefe, Bruyette & Woods downgraded shares of UBS Group from a “hold” rating to a “moderate sell” rating in a report on Friday, June 19th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of UBS Group in a research note on Monday, June 29th. Barclays upgraded shares of UBS Group from an “underweight” rating to an “equal weight” rating in a research report on Monday, April 20th. Zacks Research raised shares of UBS Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 13th. Finally, Morgan Stanley reiterated an “underweight” rating on shares of UBS Group in a report on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $60.30.

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.