UBS Group AG $UBS Stake Lifted by Fiera Capital Corp

Fiera Capital Corp lifted its stake in shares of UBS Group AG (NYSE:UBS) by 24.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 315,288 shares of the bank’s stock after acquiring an additional 62,403 shares during the quarter. Fiera Capital Corp’s holdings in UBS Group were worth $12,927,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in UBS Group during the 2nd quarter valued at $4,878,061,000. Massachusetts Financial Services Co. MA lifted its holdings in shares of UBS Group by 21.0% in the third quarter. Massachusetts Financial Services Co. MA now owns 77,353,590 shares of the bank’s stock valued at $3,171,497,000 after buying an additional 13,417,945 shares during the period. Fisher Asset Management LLC boosted its stake in UBS Group by 16.9% during the second quarter. Fisher Asset Management LLC now owns 58,424,089 shares of the bank’s stock valued at $1,975,903,000 after buying an additional 8,448,219 shares in the last quarter. Cevian Capital II GP LTD grew its holdings in UBS Group by 9.9% during the second quarter. Cevian Capital II GP LTD now owns 48,117,675 shares of the bank’s stock worth $1,627,340,000 after acquiring an additional 4,330,274 shares during the period. Finally, Vanguard Group Inc. raised its position in UBS Group by 3.0% in the second quarter. Vanguard Group Inc. now owns 135,357,012 shares of the bank’s stock worth $4,595,641,000 after acquiring an additional 3,907,669 shares in the last quarter.

UBS Group Stock Up 0.5%

UBS stock opened at $42.55 on Friday. The company has a debt-to-equity ratio of 3.63, a current ratio of 1.02 and a quick ratio of 1.03. The firm has a market capitalization of $132.92 billion, a P/E ratio of 18.03, a P/E/G ratio of 0.41 and a beta of 1.12. UBS Group AG has a 52-week low of $25.75 and a 52-week high of $49.36. The company’s 50 day simple moving average is $45.99 and its 200-day simple moving average is $41.84.

UBS Group (NYSE:UBS) last posted its quarterly earnings data on Wednesday, February 4th. The bank reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.12. UBS Group had a net margin of 10.88% and a return on equity of 8.68%. The firm had revenue of $12.20 billion during the quarter, compared to analyst estimates of $9.88 billion. During the same quarter last year, the business posted $0.23 EPS. The company’s revenue was up 10.3% on a year-over-year basis. As a group, equities research analysts anticipate that UBS Group AG will post 1.9 EPS for the current year.

UBS Group Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on UBS. Bank of America raised shares of UBS Group from a “neutral” rating to a “buy” rating and upped their price target for the company from $44.00 to $60.30 in a report on Tuesday, December 16th. Zacks Research lowered shares of UBS Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 15th. Morgan Stanley restated an “underweight” rating on shares of UBS Group in a research report on Monday, November 24th. BNP Paribas Exane cut UBS Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 4th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of UBS Group in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $60.30.

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.