Natixis Advisors LLC raised its stake in UBS Group AG (NYSE:UBS - Free Report) by 5.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,207,913 shares of the bank's stock after purchasing an additional 258,058 shares during the period. Natixis Advisors LLC owned 0.16% of UBS Group worth $160,977,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in UBS Group by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 115,529,381 shares of the bank's stock valued at $3,549,063,000 after purchasing an additional 1,546,632 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in UBS Group by 11.3% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 54,060,137 shares of the bank's stock valued at $1,591,242,000 after buying an additional 5,508,422 shares during the last quarter. Legal & General Group Plc lifted its position in shares of UBS Group by 11,313.2% during the 2nd quarter. Legal & General Group Plc now owns 41,389,783 shares of the bank's stock worth $1,218,317,000 after buying an additional 41,027,134 shares in the last quarter. Capital World Investors boosted its position in UBS Group by 3.1% in the first quarter. Capital World Investors now owns 38,207,664 shares of the bank's stock worth $1,175,229,000 after purchasing an additional 1,147,836 shares during the last quarter. Finally, Pzena Investment Management LLC raised its stake in shares of UBS Group by 0.9% during the 2nd quarter. Pzena Investment Management LLC now owns 29,951,235 shares of the bank's stock worth $884,759,000 after purchasing an additional 280,696 shares during the period.
UBS Group Stock Performance
Shares of NYSE:UBS traded down $0.05 during trading on Friday, hitting $31.63. 1,215,187 shares of the company were exchanged, compared to its average volume of 2,151,254. The company has a market cap of $101.42 billion, a PE ratio of 26.36 and a beta of 1.15. UBS Group AG has a 52-week low of $25.26 and a 52-week high of $33.34. The company has a debt-to-equity ratio of 3.87, a current ratio of 1.05 and a quick ratio of 1.05. The stock has a 50 day moving average of $31.25 and a 200 day moving average of $30.50.
UBS Group (NYSE:UBS - Get Free Report) last posted its earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.15. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. The business had revenue of $19.31 billion during the quarter, compared to analyst estimates of $11.20 billion. During the same quarter in the previous year, the firm earned ($0.24) EPS. As a group, equities research analysts predict that UBS Group AG will post 1.73 EPS for the current year.
Wall Street Analyst Weigh In
UBS has been the topic of a number of research reports. Bank of America began coverage on shares of UBS Group in a report on Thursday, September 19th. They issued a "neutral" rating on the stock. StockNews.com upgraded UBS Group from a "hold" rating to a "buy" rating in a research note on Friday, November 1st. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy".
View Our Latest Stock Report on UBS
About UBS Group
(
Free Report)
UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through five divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, Investment Bank, and Non-core and Legacy. The company offers investment advice, estate and wealth planning, investing, corporate and banking, and investment management, as well as mortgage, securities-based, and structured lending solutions.
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