Bank of New York Mellon Corp Decreases Holdings in UBS Group AG $UBS

Bank of New York Mellon Corp reduced its holdings in shares of UBS Group AG (NYSE:UBS) by 5.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,771,740 shares of the bank’s stock after selling 475,473 shares during the quarter. Bank of New York Mellon Corp’s holdings in UBS Group were worth $317,550,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in UBS. Flagship Wealth Advisors LLC purchased a new stake in UBS Group during the third quarter worth approximately $29,000. Private Trust Co. NA increased its stake in UBS Group by 75.2% in the third quarter. Private Trust Co. NA now owns 853 shares of the bank’s stock valued at $35,000 after purchasing an additional 366 shares during the last quarter. Twin Peaks Wealth Advisors LLC acquired a new stake in UBS Group during the second quarter worth approximately $33,000. Salomon & Ludwin LLC raised its stake in UBS Group by 2,566.7% during the 3rd quarter. Salomon & Ludwin LLC now owns 1,120 shares of the bank’s stock worth $46,000 after acquiring an additional 1,078 shares in the last quarter. Finally, Mather Group LLC. purchased a new position in shares of UBS Group during the third quarter worth about $46,000.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Weiss Ratings reissued a “buy (b)” rating on shares of UBS Group in a report on Wednesday, January 21st. Morgan Stanley reiterated an “underweight” rating on shares of UBS Group in a research note on Monday, November 24th. Citigroup reissued a “neutral” rating on shares of UBS Group in a report on Thursday, January 22nd. Zacks Research cut shares of UBS Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 15th. Finally, Keefe, Bruyette & Woods cut shares of UBS Group from a “hold” rating to a “moderate sell” rating in a research note on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $60.30.

Key Headlines Impacting UBS Group

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

• Positive Sentiment: UBS filed an update to a Swiss legal opinion supporting a U.S. debt and warrant program, which reduces legal/structural uncertainty around the issuance and may ease funding or product execution concerns. UBS AG Updates Swiss Legal Opinion Backing U.S. Debt and Warrant Program
• Neutral Sentiment: UBS posted regulatory “participation notifications” (Brussels filing) — routine disclosure that can reflect share flows or block trades; investors watch these for changes to float or insider/institutional activity but the release itself is procedural. Participation notifications by UBS Group AG
• Neutral Sentiment: UBS is scheduled to report quarterly earnings this week — the timing concentrates attention on revenue from markets, wealth management and capital markets, so positioning ahead of results can push the stock. UBS Group (UBS) to Release Earnings on Wednesday
• Neutral Sentiment: UBS research flagged a major U.S. winter storm will cause “billions” in insured losses — a note that matters to macro and insurance-sector trading flows (and to trading revenues for banks active in derivatives and reinsurance-linked products). Winter storm to cause billions of dollars in insured losses, UBS estimates
• Neutral Sentiment: A senior UBS trader warned that large client dollar-hedging flows could test banks’ capacity to meet demand — highlights potential operational/liquidity stress in FX markets but also implies fee opportunity for large dealers like UBS. Big hedging of dollars for clients could test banks’ capacity, senior UBS trader says

UBS Group Stock Performance

NYSE:UBS opened at $48.13 on Friday. The company has a debt-to-equity ratio of 3.69, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a market cap of $150.34 billion, a price-to-earnings ratio of 21.68, a price-to-earnings-growth ratio of 0.45 and a beta of 1.12. The firm’s fifty day moving average price is $44.57 and its 200 day moving average price is $41.07. UBS Group AG has a 1-year low of $25.75 and a 1-year high of $49.36.

UBS Group (NYSE:UBS) last released its earnings results on Wednesday, October 29th. The bank reported $0.76 EPS for the quarter, topping the consensus estimate of $0.48 by $0.28. The company had revenue of $12.76 billion during the quarter, compared to analysts’ expectations of $9.68 billion. UBS Group had a net margin of 11.02% and a return on equity of 8.31%. The business’s revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the business earned $0.43 EPS. On average, sell-side analysts expect that UBS Group AG will post 1.9 EPS for the current 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.