UBS Group AG $UBS Stock Holdings Raised by Wellington Management Group LLP

Wellington Management Group LLP lifted its stake in shares of UBS Group AG (NYSE:UBS) by 254.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 63,671,310 shares of the bank’s stock after purchasing an additional 45,731,061 shares during the period. Wellington Management Group LLP owned about 1.99% of UBS Group worth $2,601,589,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Parallel Advisors LLC lifted its holdings in UBS Group by 1.9% during the 3rd quarter. Parallel Advisors LLC now owns 14,905 shares of the bank’s stock worth $611,000 after buying an additional 271 shares during the last quarter. Checchi Capital Advisers LLC grew its position in shares of UBS Group by 1.2% in the 3rd quarter. Checchi Capital Advisers LLC now owns 24,868 shares of the bank’s stock worth $1,020,000 after acquiring an additional 287 shares in the last quarter. Coldstream Capital Management Inc. increased its holdings in shares of UBS Group by 1.1% in the 2nd quarter. Coldstream Capital Management Inc. now owns 26,179 shares of the bank’s stock valued at $885,000 after acquiring an additional 290 shares during the last quarter. Arkadios Wealth Advisors raised its position in shares of UBS Group by 3.1% during the 3rd quarter. Arkadios Wealth Advisors now owns 9,877 shares of the bank’s stock valued at $405,000 after acquiring an additional 301 shares in the last quarter. Finally, Prospera Financial Services Inc raised its position in shares of UBS Group by 1.7% during the 2nd quarter. Prospera Financial Services Inc now owns 18,434 shares of the bank’s stock valued at $623,000 after acquiring an additional 310 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on UBS shares. Zacks Research downgraded shares of UBS Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 15th. Bank of America raised shares of UBS Group from a “neutral” rating to a “buy” rating and increased their target price for the stock from $44.00 to $60.30 in a report on Tuesday, December 16th. Citigroup restated a “neutral” rating on shares of UBS Group in a research report on Thursday, January 22nd. Morgan Stanley reaffirmed an “underweight” rating on shares of UBS Group in a report on Monday, November 24th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of UBS Group in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, UBS Group has a consensus rating of “Moderate Buy” and a consensus price target of $60.30.

UBS Group Price Performance

Shares of UBS opened at $36.91 on Friday. UBS Group AG has a 12 month low of $25.75 and a 12 month high of $49.36. The company has a debt-to-equity ratio of 3.63, a current ratio of 1.19 and a quick ratio of 1.03. The stock has a fifty day moving average price of $44.07 and a 200 day moving average price of $41.88. The company has a market cap of $115.32 billion, a P/E ratio of 15.64, a PEG ratio of 0.36 and a beta of 1.14.

UBS Group (NYSE:UBS) last posted its earnings results on Wednesday, February 4th. The bank reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.12. The company had revenue of $12.20 billion for the quarter, compared to analysts’ expectations of $9.88 billion. UBS Group had a return on equity of 8.68% and a net margin of 10.88%.The firm’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same period last year, the business posted $0.23 earnings per share. On average, research analysts forecast that UBS Group AG will post 1.9 earnings per share for the current year.

UBS Group Announces Dividend

The company also recently disclosed a special dividend, which will be paid on Thursday, April 23rd. Investors of record on Wednesday, April 22nd will be given a $0.55 dividend. The ex-dividend date is Wednesday, April 22nd.

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.