University of Texas Texas AM Investment Management Co. Invests $910,000 in UBS Group AG $UBS

University of Texas Texas AM Investment Management Co. acquired a new stake in UBS Group AG (NYSE:UBS) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 19,656 shares of the bank’s stock, valued at approximately $910,000.

Several other institutional investors have also added to or reduced their stakes in UBS. Navalign LLC acquired a new stake in shares of UBS Group in the 4th quarter valued at $32,000. Larson Financial Group LLC raised its holdings in shares of UBS Group by 118.4% during the 3rd quarter. Larson Financial Group LLC now owns 821 shares of the bank’s stock worth $34,000 after buying an additional 445 shares in the last quarter. JPL Wealth Management LLC bought a new stake in shares of UBS Group during the 3rd quarter worth $37,000. Empowered Funds LLC acquired a new stake in UBS Group in the fourth quarter valued at about $41,000. Finally, Cornerstone Planning Group LLC grew its position in UBS Group by 1,013.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 969 shares of the bank’s stock valued at $46,000 after acquiring an additional 882 shares during the last quarter.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Citigroup reissued a “neutral” rating on shares of UBS Group in a report on Thursday, April 23rd. Morgan Stanley reiterated an “underweight” rating on shares of UBS Group in a report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of UBS Group in a report on Wednesday, May 13th. Weiss Ratings lowered UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of UBS Group in a research report on Thursday, May 7th. Four 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. According to data from MarketBeat, UBS Group has an average rating of “Hold” and an average price target of $60.30.

UBS Group Trading Up 1.2%

Shares of NYSE UBS opened at $49.56 on Tuesday. The firm has a 50 day moving average price of $44.89 and a two-hundred day moving average price of $43.58. The stock has a market cap of $154.83 billion, a P/E ratio of 17.76, a price-to-earnings-growth ratio of 0.84 and a beta of 1.19. UBS Group AG has a 52-week low of $30.36 and a 52-week high of $50.05. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.19 and a current ratio of 0.85.

UBS Group (NYSE:UBS) last issued its quarterly earnings results on Wednesday, April 29th. The bank reported $0.94 EPS 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 company had revenue of $13.64 billion for the quarter, compared to analyst estimates of $13.16 billion. As a group, equities analysts forecast that UBS Group AG will post 3.27 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.