UBS Group AG $UBS Stake Increased by Moore Capital Management LP

Moore Capital Management LP increased its stake in shares of UBS Group AG (NYSE:UBS) by 32.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 2,197,102 shares of the bank’s stock after buying an additional 543,812 shares during the period. UBS Group accounts for 1.5% of Moore Capital Management LP’s portfolio, making the stock its 5th largest position. Moore Capital Management LP’s holdings in UBS Group were worth $102,415,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in shares of UBS Group by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 139,105,725 shares of the bank’s stock valued at $6,423,207,000 after acquiring an additional 1,758,287 shares in the last quarter. Norges Bank purchased a new stake in shares of UBS Group in the 4th quarter valued at about $4,889,413,000. Fisher Asset Management LLC raised its holdings in shares of UBS Group by 4.8% in the 4th quarter. Fisher Asset Management LLC now owns 64,107,264 shares of the bank’s stock valued at $2,968,807,000 after acquiring an additional 2,938,827 shares in the last quarter. Wellington Management Group LLP raised its holdings 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 valued at $2,601,589,000 after acquiring an additional 45,731,061 shares in the last quarter. Finally, Capital World Investors raised its holdings in shares of UBS Group by 1.0% in the 3rd quarter. Capital World Investors now owns 37,343,504 shares of the bank’s stock valued at $1,525,163,000 after acquiring an additional 386,264 shares in the last quarter.

Analyst Ratings Changes

Several analysts have weighed in on UBS shares. Morgan Stanley reaffirmed an “underweight” rating on shares of UBS Group in a report on Thursday, April 23rd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of UBS Group in a report on Thursday, May 7th. Barclays raised UBS Group from an “underweight” rating to an “equal weight” rating in a report on Monday, April 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of UBS Group in a report on Wednesday, May 13th. Finally, Weiss Ratings cut UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 4th. Four equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $60.30.

UBS Group Stock Performance

Shares of NYSE UBS opened at $49.79 on Thursday. The stock has a market cap of $155.53 billion, a price-to-earnings ratio of 17.84, a P/E/G ratio of 0.85 and a beta of 1.19. The company has a current ratio of 0.85, a quick ratio of 1.19 and a debt-to-equity ratio of 1.23. UBS Group AG has a 1-year low of $30.36 and a 1-year high of $50.92. The stock’s 50-day moving average is $45.31 and its 200 day moving average is $43.75.

UBS Group (NYSE:UBS) last announced its quarterly earnings data on Wednesday, April 29th. The bank reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.09. The company had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $13.16 billion. UBS Group had a return on equity of 10.05% and a net margin of 12.66%. On average, sell-side analysts anticipate that UBS Group AG will post 3.33 EPS for the current fiscal 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.