Opal Capital LLC Makes New $3.81 Million Investment in UBS Group AG $UBS

Opal Capital LLC bought a new stake in shares of UBS Group AG (NYSE:UBS) in the 4th quarter, HoldingsChannel.com reports. The fund bought 82,276 shares of the bank’s stock, valued at approximately $3,809,000.

Several other institutional investors have also recently made changes to their positions in the company. Navalign LLC acquired a new stake in UBS Group during the 4th quarter worth $32,000. Larson Financial Group LLC boosted its stake in 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 purchasing an additional 445 shares during the last quarter. JPL Wealth Management LLC acquired a new position in shares of UBS Group during the 3rd quarter valued at about $37,000. Empowered Funds LLC acquired a new position in shares of UBS Group during the 4th quarter valued at about $41,000. Finally, Cornerstone Planning Group LLC boosted its position in shares of UBS Group by 1,013.8% during the 4th 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.

UBS Group Stock Up 1.8%

UBS stock opened at $50.46 on Wednesday. The company’s 50 day moving average price is $45.11 and its 200 day moving average price is $43.67. 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 AG has a fifty-two week low of $30.36 and a fifty-two week high of $50.91. The firm has a market capitalization of $157.62 billion, a price-to-earnings ratio of 18.08, a PEG ratio of 0.83 and a beta of 1.19.

UBS Group (NYSE:UBS) last posted its quarterly earnings data 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 business had revenue of $13.64 billion during the quarter, compared to the consensus estimate of $13.16 billion. UBS Group had a return on equity of 10.05% and a net margin of 12.66%. On average, equities research analysts anticipate that UBS Group AG will post 3.33 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

UBS has been the topic of several recent research reports. Barclays raised shares of UBS Group from an “underweight” rating to an “equal weight” rating in a research report on Monday, April 20th. Citigroup reissued a “neutral” rating on shares of UBS Group in a research report on Thursday, April 23rd. Royal Bank Of Canada reissued an “outperform” rating on shares of UBS Group in a research report on Thursday, May 7th. Weiss Ratings cut shares of UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of UBS Group in a research report on Thursday, April 23rd. Four investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $60.30.

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.