The Manufacturers Life Insurance Company lowered its stake in shares of UBS Group AG (NYSE:UBS – Free Report) by 12.7% in the first quarter, Holdings Channel reports. The institutional investor owned 1,234,642 shares of the bank’s stock after selling 179,357 shares during the period. The Manufacturers Life Insurance Company’s holdings in UBS Group were worth $47,464,000 as of its most recent filing with the SEC.
Several other hedge funds have also made changes to their positions in UBS. Vanguard Group Inc. increased its stake in UBS Group by 1.3% during the fourth 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 during the period. Norges Bank bought a new stake in shares of UBS Group in the 4th quarter worth approximately $4,889,413,000. Fisher Asset Management LLC grew 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 purchasing an additional 2,938,827 shares in the last quarter. Pictet Asset Management Holding SA grew its holdings in shares of UBS Group by 1.8% during the 4th quarter. Pictet Asset Management Holding SA now owns 35,932,192 shares of the bank’s stock worth $1,676,302,000 after purchasing an additional 629,310 shares in the last quarter. Finally, Deutsche Bank AG increased its position in shares of UBS Group by 19.1% during the fourth quarter. Deutsche Bank AG now owns 29,605,781 shares of the bank’s stock valued at $1,371,044,000 after purchasing an additional 4,744,982 shares during the period.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on the company. Zacks Research upgraded UBS Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 13th. Wall Street Zen lowered shares of UBS Group from a “buy” rating to a “hold” rating in a report on Sunday, July 26th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of UBS Group in a research note on Monday, June 29th. Weiss Ratings downgraded shares of UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 4th. Finally, Barclays raised shares of UBS Group from an “underweight” rating to an “equal weight” rating in a research note on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, UBS Group currently has an average rating of “Hold” and a consensus target price of $60.30.
UBS Group Price Performance
Shares of UBS stock opened at $53.35 on Friday. The stock’s fifty day simple moving average is $50.15 and its 200 day simple moving average is $45.32. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.85 and a quick ratio of 1.19. The firm has a market cap of $166.68 billion, a price-to-earnings ratio of 18.15, a P/E/G ratio of 0.80 and a beta of 1.19. UBS Group AG has a one year low of $35.94 and a one year high of $55.15.
UBS Group (NYSE:UBS – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The bank reported $0.87 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.03). UBS Group had a net margin of 13.10% and a return on equity of 10.45%. The company had revenue of $13.35 billion during the quarter, compared to the consensus estimate of $13.40 billion. During the same quarter last year, the company earned $0.72 earnings per share. The business’s revenue was up 13.2% on a year-over-year basis. On average, analysts expect that UBS Group AG will post 3.52 earnings per share for the current fiscal year.
Key Headlines Impacting UBS Group
Here are the key news stories impacting UBS Group this week:
- Positive Sentiment: Quarterly profit beat expectations: UBS reported second-quarter net profit attributable to shareholders of approximately $2.8 billion, ahead of the roughly $2.4 billion analyst estimate. Pre-tax profit reached $3.6 billion, supported by strong investment-banking trading activity, wealth-management performance and higher fee income. Revenue rose 13.2% year over year, although reported adjusted EPS of $0.87 narrowly missed the $0.90 consensus. UBS reports Q2 net profit of $2.8 billion
- Positive Sentiment: $3 billion share repurchase: The bank plans to buy back up to $3 billion of stock by mid-2027. The program provides clearer shareholder returns and may support per-share earnings, helping offset uncertainty surrounding future Swiss capital requirements. UBS also reported $7.3 trillion in invested assets. UBS flags $3 billion in new buybacks
- Positive Sentiment: Credit Suisse integration nearing completion: Management indicated that the integration is almost complete, suggesting the bank is capturing restructuring benefits and reducing the operational overhang from the acquisition. Investors viewed the progress as evidence that UBS is converting the deal into cost and efficiency gains. UBS Buys Back Its Credit Suisse Hangover
- Neutral Sentiment: UBS-related disclosures showed reductions or exits from substantial holdings in Gentrack, Zip Co and Adherium. These portfolio transactions are unlikely to materially affect UBS’s earnings or valuation. UBS trims stake in Gentrack
- Negative Sentiment: Capital and valuation risks remain: Morgan Stanley maintained a Sell rating and a CHF39 price target, citing UBS’s valuation and potential regulatory capital demands. Switzerland’s zero-interest-rate environment may also pressure domestic banking margins, while management warned that geopolitical volatility could create temporary headwinds. UBS maintained at Sell
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.
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