Themes Management Co LLC Makes New Investment in UBS Group AG $UBS

Themes Management Co LLC bought a new position in UBS Group AG (NYSE:UBS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 20,311 shares of the bank’s stock, valued at approximately $941,000.

Several other hedge funds also recently made changes to their positions in UBS. AQR Capital Management LLC increased its stake in shares of UBS Group by 73.9% in the first quarter. AQR Capital Management LLC now owns 62,912 shares of the bank’s stock worth $1,927,000 after buying an additional 26,728 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of UBS Group by 18.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,518 shares of the bank’s stock worth $137,000 after buying an additional 708 shares during the period. NewEdge Advisors LLC increased its stake in shares of UBS Group by 3.1% in the first quarter. NewEdge Advisors LLC now owns 41,772 shares of the bank’s stock worth $1,279,000 after buying an additional 1,267 shares during the period. Focus Partners Wealth increased its stake in shares of UBS Group by 11.6% in the first quarter. Focus Partners Wealth now owns 14,111 shares of the bank’s stock worth $432,000 after buying an additional 1,469 shares during the period. Finally, Geneos Wealth Management Inc. increased its stake in shares of UBS Group by 62.0% in the first quarter. Geneos Wealth Management Inc. now owns 1,497 shares of the bank’s stock worth $46,000 after buying an additional 573 shares during the period.

Analysts Set New Price Targets

Several brokerages recently commented on UBS. Barclays raised shares of UBS Group from an “underweight” rating to an “equal weight” rating in a research note on Monday, April 20th. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of UBS Group in a research note on Friday, February 6th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of UBS Group in a research note on Thursday, May 7th. Weiss Ratings downgraded shares of UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Finally, Citigroup reiterated a “neutral” rating on shares of UBS Group in a report on Thursday, April 23rd. Five research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $60.30.

UBS Group Stock Performance

NYSE:UBS opened at $46.94 on Tuesday. The stock has a market cap of $146.62 billion, a P/E ratio of 16.82, a price-to-earnings-growth ratio of 0.81 and a beta of 1.19. The firm’s fifty day simple moving average is $41.87 and its 200 day simple moving average is $42.57. UBS Group AG has a twelve month low of $30.36 and a twelve month high of $49.36. The company has a quick ratio of 1.19, a current ratio of 0.85 and a debt-to-equity ratio of 1.23.

UBS Group (NYSE:UBS) last announced its earnings results on Wednesday, April 29th. The bank reported $0.94 EPS for the quarter, beating 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 firm had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $13.16 billion. As a group, research analysts predict that UBS Group AG will post 3.25 EPS for the current year.

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.