UBS Group AG $UBS Shares Sold by Legacy Wealth Asset Management LLC

Legacy Wealth Asset Management LLC lowered its stake in shares of UBS Group AG (NYSE:UBS) by 30.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 57,966 shares of the bank’s stock after selling 25,404 shares during the period. UBS Group accounts for approximately 0.6% of Legacy Wealth Asset Management LLC’s portfolio, making the stock its 26th biggest holding. Legacy Wealth Asset Management LLC’s holdings in UBS Group were worth $2,377,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in UBS. Brighton Jones LLC acquired a new stake in shares of UBS Group during the 3rd quarter worth about $255,000. CHICAGO TRUST Co NA lifted its stake in shares of UBS Group by 11.9% during the third quarter. CHICAGO TRUST Co NA now owns 23,221 shares of the bank’s stock valued at $952,000 after buying an additional 2,478 shares during the period. Trust Point Inc. boosted its position in UBS Group by 32.5% during the third quarter. Trust Point Inc. now owns 8,532 shares of the bank’s stock worth $350,000 after acquiring an additional 2,095 shares during the last quarter. Centurion Wealth Management LLC purchased a new stake in UBS Group in the 3rd quarter worth approximately $266,000. Finally, U.S. Capital Wealth Advisors LLC raised its holdings in UBS Group by 5.2% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 19,645 shares of the bank’s stock valued at $805,000 after acquiring an additional 979 shares during the last quarter.

UBS Group News Summary

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

• Positive Sentiment: Zacks upgraded UBS to a “Strong Buy” (Zacks Rank #1), highlighting improved earnings prospects and contributing to recent upside momentum in the stock. All You Need to Know About UBS (UBS) Rating Upgrade to Strong Buy
• Positive Sentiment: Bank of America raised UBS to a Buy, another notable sell?side upgrade that has supported fresh buying interest and the recent gap-up in the shares. UBS Group (NYSE:UBS) Raised to Buy at Bank of America
• Positive Sentiment: Financial Times reports on a proposed Swiss political compromise that could materially reduce UBS’s potential capital bill — a development that would be earnings- and capital-friendly if adopted. How a Swiss compromise could save UBS billions
• Positive Sentiment: Zurich canton urged the federal government to soften planned tighter capital requirements for UBS, reducing regulatory risk to competitiveness and capital strain. This political pushback is being viewed as supportive for the stock. Canton Zurich urges government to soften UBS capital requirements plan
• Neutral Sentiment: Short-term momentum pieces note UBS has risen sharply in the past week and attracted buy-side attention — positive for sentiment but not a fundamental change. UBS (UBS) Is Up 6.32% in One Week: What You Should Know
• Neutral Sentiment: Real estate/operations note: hedge fund Qube has taken six floors in UBS’s Hong Kong Central building — a local occupancy/real?estate development with limited immediate impact on group earnings. Hedge fund Qube takes six UBS floors in Hong Kong’s Central
• Neutral Sentiment: Many recent headlines reflect UBS’s active investment research (e.g., notes on BP, Broadcom and Meesho coverage) — useful for revenue/flow perception but indirect for near-term stock moves. Here are BP’s priorities as new boss joins to accelerate change, says UBS

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Wall Street Zen raised UBS Group from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Citigroup restated a “neutral” rating on shares of UBS Group in a report on Monday, November 3rd. Zacks Research raised shares of UBS Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 17th. Weiss Ratings reissued a “buy (b)” rating on shares of UBS Group in a research report on Wednesday, October 8th. Finally, Keefe, Bruyette & Woods downgraded shares of UBS Group from a “hold” rating to a “moderate sell” rating in a research note on Friday, November 7th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, UBS Group currently has a consensus rating of “Moderate Buy” and an average target price of $60.30.

UBS Group Price Performance

UBS Group stock opened at $46.28 on Monday. The firm has a fifty day moving average of $39.45 and a 200-day moving average of $38.29. UBS Group AG has a 52-week low of $25.75 and a 52-week high of $46.66. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 3.69. The firm has a market capitalization of $148.38 billion, a P/E ratio of 20.85, a PEG ratio of 0.56 and a beta of 1.13.

UBS Group (NYSE:UBS) last announced its quarterly earnings results on Wednesday, October 29th. The bank reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.28. UBS Group had a net margin of 11.02% and a return on equity of 8.31%. The firm had revenue of $12.76 billion during the quarter, compared to analysts’ expectations of $9.68 billion. During the same period in the prior year, the company earned $0.43 EPS. The firm’s revenue was up 4.3% on a year-over-year basis. As a group, analysts predict that UBS Group AG will post 1.9 EPS for the current year.

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.