UBS Group AG $UBS Shares Bought by Fiera Capital Corp

Fiera Capital Corp lifted its holdings in UBS Group AG (NYSE:UBS) by 81.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 572,561 shares of the bank’s stock after purchasing an additional 257,273 shares during the period. Fiera Capital Corp’s holdings in UBS Group were worth $26,515,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in UBS. Norges Bank acquired a new position in shares of UBS Group in the 4th quarter worth approximately $4,889,413,000. Wellington Management Group LLP grew its stake in shares of 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 purchasing an additional 45,731,061 shares during the last quarter. Viking Global Investors LP grew its stake in shares of UBS Group by 407.5% in the 3rd quarter. Viking Global Investors LP now owns 13,096,560 shares of the bank’s stock worth $534,852,000 after purchasing an additional 10,516,148 shares during the last quarter. Ninety One UK Ltd acquired a new position in shares of UBS Group in the 4th quarter worth approximately $411,917,000. Finally, Bank of Montreal Can grew its stake in shares of UBS Group by 248.7% in the 3rd quarter. Bank of Montreal Can now owns 9,325,276 shares of the bank’s stock worth $380,782,000 after purchasing an additional 6,650,862 shares during the last quarter.

UBS Group Stock Performance

UBS stock opened at $47.31 on Tuesday. 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 stock has a market cap of $147.80 billion, a P/E ratio of 16.96, a P/E/G ratio of 0.81 and a beta of 1.19. The firm has a 50 day simple moving average of $43.89 and a 200 day simple moving average of $43.19. UBS Group AG has a 52 week low of $30.36 and a 52 week high of $49.36.

UBS Group (NYSE:UBS) last posted its quarterly earnings results on Wednesday, April 29th. The bank reported $0.94 EPS for the quarter, topping the consensus estimate of $0.85 by $0.09. The business had revenue of $13.64 billion during the quarter, compared to analysts’ expectations of $13.16 billion. UBS Group had a net margin of 12.66% and a return on equity of 10.05%. Research analysts anticipate that UBS Group AG will post 3.25 earnings per share for the current fiscal year.

Analyst Ratings Changes

UBS has been the topic of several recent research reports. Weiss Ratings cut shares of UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Citigroup reaffirmed a “neutral” rating on shares of UBS Group in a research note on Thursday, April 23rd. Morgan Stanley reaffirmed an “underweight” rating on shares of UBS Group in a research note on Thursday, April 23rd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of UBS Group in a research note on Thursday, May 7th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of UBS Group in a research note on Wednesday, May 13th. Four investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $60.30.

UBS Group Company 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.