Brandes Investment Partners LP Has $63.57 Million Stake in UBS Group AG $UBS

Brandes Investment Partners LP decreased its position in UBS Group AG (NYSE:UBS) by 3.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,372,632 shares of the bank’s stock after selling 52,807 shares during the quarter. Brandes Investment Partners LP’s holdings in UBS Group were worth $63,567,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Navalign LLC acquired a new stake in UBS Group during the fourth quarter worth approximately $32,000. Larson Financial Group LLC grew its position 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 buying an additional 445 shares in the last quarter. JPL Wealth Management LLC acquired a new stake in UBS Group during the third quarter worth approximately $37,000. Cornerstone Planning Group LLC grew its position in UBS Group by 1,013.8% during the fourth quarter. Cornerstone Planning Group LLC now owns 969 shares of the bank’s stock worth $46,000 after buying an additional 882 shares in the last quarter. Finally, YANKCOM Partnership acquired a new stake in UBS Group during the fourth quarter worth approximately $47,000.

Trending Headlines about UBS Group

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

• Positive Sentiment: Swiss lawmakers are reportedly weighing a compromise that could soften UBS’s capital requirements, potentially reducing the amount of extra capital the bank may need to hold and easing a major overhang on the stock. Exclusive: Swiss lawmakers consider fresh compromise for UBS capital rules, sources say
• Positive Sentiment: UBS Wealth Management US announced multiple advisors in California, Hawaii, and Phoenix were named to Barron’s Top 1,500 Financial Advisors list, reinforcing the strength of UBS’s advisory business and brand in wealth management. Three UBS advisors in California and Hawaii Named to Barron’s Top 1,500 Financial Advisors list
• Positive Sentiment: Six UBS advisors in Phoenix were also recognized by Barron’s, adding to the view that UBS continues to attract and retain top talent in a fee-generating business that is important to investor confidence. Six UBS advisors in Phoenix named to Barron’s Top 1,500 Financial Advisors list
• Neutral Sentiment: Reports also said UBS is reducing Asia ESG staff as part of a broader global restructuring, which looks more like cost-cutting and reorganization than a direct catalyst for earnings.

UBS Group Trading Up 1.2%

Shares of UBS opened at $47.85 on Wednesday. UBS Group AG has a 52-week low of $30.36 and a 52-week high of $49.36. The business’s fifty day moving average is $44.12 and its 200-day moving average is $43.26. 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 market cap of $149.47 billion, a price-to-earnings ratio of 17.15, a PEG ratio of 0.81 and a beta of 1.19.

UBS Group (NYSE:UBS) last issued its quarterly earnings results on Wednesday, April 29th. The bank reported $0.94 earnings per share (EPS) 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 company had revenue of $13.64 billion for the quarter, compared to analyst estimates of $13.16 billion. Equities analysts anticipate that UBS Group AG will post 3.25 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on UBS. Weiss Ratings downgraded UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Morgan Stanley reissued an “underweight” rating on shares of UBS Group in a research report on Thursday, April 23rd. Citigroup reissued a “neutral” rating on shares of UBS Group in a research report on Thursday, April 23rd. Royal Bank Of Canada reissued an “outperform” rating on shares of UBS Group in a research report on Thursday, May 7th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of UBS Group in a research report on Wednesday, May 13th. Four research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price 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.