UBS Group AG $UBS Stock Position Lifted by Keybank National Association OH

Keybank National Association OH lifted its stake in shares of UBS Group AG (NYSE:UBS) by 87.5% during the first quarter, Holdings Channel.com reports. The firm owned 27,118 shares of the bank’s stock after acquiring an additional 12,655 shares during the period. Keybank National Association OH’s holdings in UBS Group were worth $1,059,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Legacy Capital Group California Inc. increased its stake in UBS Group by 0.6% during the 4th quarter. Legacy Capital Group California Inc. now owns 39,471 shares of the bank’s stock valued at $1,828,000 after buying an additional 239 shares during the period. U.S. Capital Wealth Advisors LLC lifted its stake in shares of UBS Group by 1.3% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 19,905 shares of the bank’s stock worth $922,000 after acquiring an additional 260 shares during the period. Parallel Advisors LLC lifted its stake in shares of UBS Group by 1.9% in the 3rd quarter. Parallel Advisors LLC now owns 14,905 shares of the bank’s stock worth $611,000 after acquiring an additional 271 shares during the period. Perigon Wealth Management LLC boosted its holdings in shares of UBS Group by 3.9% in the fourth quarter. Perigon Wealth Management LLC now owns 7,551 shares of the bank’s stock valued at $350,000 after acquiring an additional 284 shares in the last quarter. Finally, Allworth Financial LP increased its stake in shares of UBS Group by 4.2% during the third quarter. Allworth Financial LP now owns 7,115 shares of the bank’s stock valued at $292,000 after acquiring an additional 288 shares during the period.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on UBS. Citigroup reissued a “neutral” rating on shares of UBS Group in a report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of UBS Group in a report on Monday, June 29th. Morgan Stanley reissued an “underweight” rating on shares of UBS Group in a research note on Thursday, July 2nd. Barclays upgraded shares of UBS Group from an “underweight” rating to an “equal weight” rating in a report on Monday, April 20th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of UBS Group in a report on Thursday, May 7th. Four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $60.30.

UBS Group Stock Down 1.3%

Shares of UBS Group stock opened at $51.47 on Wednesday. The stock has a 50-day moving average price of $47.61 and a 200 day moving average price of $44.66. The company has a market cap of $160.79 billion, a P/E ratio of 18.45, a P/E/G ratio of 0.84 and a beta of 1.19. The company has a current ratio of 0.85, a quick ratio of 1.19 and a debt-to-equity ratio of 1.23. UBS Group AG has a 1 year low of $34.74 and a 1 year high of $52.24.

UBS Group (NYSE:UBS) last released its earnings results on Wednesday, April 29th. The bank reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.09. The company had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $13.16 billion. UBS Group had a return on equity of 10.05% and a net margin of 12.66%. As a group, analysts expect that UBS Group AG will post 3.49 EPS for the current fiscal year.

UBS Group News Roundup

Here are the key news stories impacting UBS Group this week:

• Positive Sentiment: UBS is being highlighted as a strong long-term momentum stock, with recent coverage pointing to its improved fundamentals and continued investor interest in the name. Article Title
• Positive Sentiment: UBS hit a 52-week high, suggesting momentum traders are leaning into the stock after a strong run. Article Title
• Positive Sentiment: UBS is also drawing support from analyst optimism, including commentary that its EPS growth outlook and capital improvements justify a buy rating and higher price target. Article Title

About UBS Group

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.