Natixis Advisors LLC Increases Stake in UBS Group AG $UBS

Natixis Advisors LLC lifted its stake in shares of UBS Group AG (NYSE:UBS) by 18.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,332,234 shares of the bank’s stock after acquiring an additional 670,001 shares during the period. Natixis Advisors LLC owned 0.14% of UBS Group worth $200,626,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in shares of UBS Group by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 139,105,725 shares of the bank’s stock worth $6,423,207,000 after acquiring an additional 1,758,287 shares during the period. Norges Bank purchased a new position in shares of UBS Group during the 4th quarter worth about $4,889,413,000. Fisher Asset Management LLC lifted its holdings in shares of UBS Group by 4.8% during the 4th quarter. Fisher Asset Management LLC now owns 64,107,264 shares of the bank’s stock worth $2,968,807,000 after acquiring an additional 2,938,827 shares during the period. Wellington Management Group LLP lifted its holdings in shares of UBS Group by 254.9% during the 3rd quarter. Wellington Management Group LLP now owns 63,671,310 shares of the bank’s stock worth $2,601,589,000 after acquiring an additional 45,731,061 shares during the period. Finally, Capital World Investors lifted its holdings in shares of UBS Group by 1.0% during the 3rd quarter. Capital World Investors now owns 37,343,504 shares of the bank’s stock worth $1,525,163,000 after acquiring an additional 386,264 shares during the period.

UBS Group Stock Up 1.9%

UBS stock opened at $47.98 on Tuesday. UBS Group AG has a twelve month low of $30.36 and a twelve month high of $49.36. The company has a current ratio of 0.85, a quick ratio of 1.19 and a debt-to-equity ratio of 1.23. The company has a market capitalization of $149.89 billion, a P/E ratio of 17.20, a PEG ratio of 0.81 and a beta of 1.19. The firm has a 50 day simple moving average of $42.87 and a 200-day simple moving average of $42.89.

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

Wall Street Analyst Weigh In

Several research analysts recently commented on UBS shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of UBS Group in a report on Wednesday, May 13th. Morgan Stanley restated an “underweight” rating on shares of UBS Group in a report on Thursday, April 23rd. Barclays upgraded shares of UBS Group from an “underweight” rating to an “equal weight” rating in a report on Monday, April 20th. Weiss Ratings lowered shares of UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 4th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of UBS Group in a report on Thursday, May 7th. Five analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus 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.