UBS Group AG $UBS Stock Position Reduced by Maryland State Retirement & Pension System

Maryland State Retirement & Pension System decreased its position in UBS Group AG (NYSE:UBS) by 6.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 533,613 shares of the bank’s stock after selling 38,908 shares during the quarter. Maryland State Retirement & Pension System’s holdings in UBS Group were worth $25,735,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in UBS. SEB Asset Management AB purchased a new stake in shares of UBS Group during the first quarter worth about $44,326,000. Allspring Global Investments Holdings LLC acquired a new position in shares of UBS Group in the first quarter valued at approximately $1,740,000. Quantinno Capital Management LP raised its position in shares of UBS Group by 30.4% in the first quarter. Quantinno Capital Management LP now owns 618,683 shares of the bank’s stock valued at $24,172,000 after buying an additional 144,200 shares during the last quarter. Mediolanum International Funds Ltd lifted its stake in shares of UBS Group by 8.8% during the first quarter. Mediolanum International Funds Ltd now owns 588,312 shares of the bank’s stock valued at $21,739,000 after buying an additional 47,444 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of UBS Group during the first quarter valued at approximately $1,250,000.

Key Headlines Impacting UBS Group

Investors following UBS have been watching these headlines:

• Positive Sentiment: A recent investor-focused report highlighted UBS’s $4.8 billion in share repurchases year to date and $55 billion in Global Wealth Management net inflows—supportive indicators for capital returns and client demand. UBS: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: UBS’s outlook for a 13% rise in European stocks by the end of 2027 reflects the firm’s market view, but does not directly change UBS’s earnings outlook. UBS’s European stock outlook
• Neutral Sentiment: UBS downgraded Carlyle over weak fund returns and risks to Carlyle’s growth targets. The call concerns Carlyle, not UBS’s own results, so it is not a direct UBS stock catalyst. UBS downgrades Carlyle

Analyst Upgrades and Downgrades

UBS has been the topic of a number of analyst reports. Citigroup restated a “neutral” rating on shares of UBS Group in a research report on Monday, July 20th. Zacks Research cut shares of UBS Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 2nd. Royal Bank Of Canada reiterated a “buy” rating on shares of UBS Group in a report on Monday, September 28th. Weiss Ratings reissued a “buy (b)” rating on shares of UBS Group in a research note on Thursday, October 29th. Finally, Morgan Stanley restated an “underweight” rating on shares of UBS Group in a report on Wednesday, September 2nd. Six research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $60.30.

UBS Group Trading Up 0.4%

Shares of NYSE:UBS opened at $49.38 on Thursday. The firm has a market cap of $154.27 billion, a price-to-earnings ratio of 16.30, a PEG ratio of 0.73 and a beta of 1.19. The stock’s 50-day moving average price is $49.35 and its two-hundred day moving average price is $47.18. UBS Group AG has a 12-month low of $36.29 and a 12-month high of $55.99.

UBS Group (NYSE:UBS) last posted its quarterly earnings data on Wednesday, October 28th. The bank reported $0.85 EPS for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.06). The company had revenue of $13.39 billion for the quarter, compared to analyst estimates of $13.07 billion. UBS Group had a net margin of 13.36% and a return on equity of 10.77%. The company’s revenue was up 9.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.76 EPS. As a group, research analysts forecast that UBS Group AG will post 3.65 earnings per share for the current fiscal year.

UBS Group Profile

UBS Group AG is a Swiss financial services company providing wealth management, banking, asset management and investment banking services to individuals, businesses, institutions and governments. It has a strong presence in Switzerland and serves clients in markets around the world. The company’s businesses include Global Wealth Management, Swiss Personal & Corporate Banking, Asset Management and the Investment Bank. Its services include financial planning and investment advice, lending and deposit products, portfolio and fund management, and capital markets and advisory services.