Deutsche Bank AG Boosts Stock Position in UBS Group AG (NYSE:UBS)

Deutsche Bank AG grew its stake in shares of UBS Group AG (NYSE:UBS - Free Report) by 15.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,013,906 shares of the bank's stock after purchasing an additional 3,684,437 shares during the period. Deutsche Bank AG owned about 0.84% of UBS Group worth $819,062,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of UBS Group during the fourth quarter valued at about $5,594,066,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in shares of UBS Group by 162.6% in the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 28,307,335 shares of the bank's stock valued at $858,359,000 after acquiring an additional 17,525,749 shares in the last quarter. FMR LLC boosted its holdings in shares of UBS Group by 29.4% during the 4th quarter. FMR LLC now owns 55,533,620 shares of the bank's stock worth $1,695,087,000 after buying an additional 12,609,616 shares during the period. Caisse Des Depots ET Consignations acquired a new position in UBS Group in the fourth quarter valued at about $233,591,000. Finally, SIH Partners LLLP bought a new position in shares of UBS Group in the 4th quarter valued at $214,546,000.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Keefe, Bruyette & Woods raised shares of UBS Group from a "moderate sell" rating to a "hold" rating in a research report on Thursday, April 17th. Deutsche Bank Aktiengesellschaft upgraded shares of UBS Group from a "hold" rating to a "buy" rating in a research report on Monday, February 10th. Morgan Stanley lowered shares of UBS Group from an "overweight" rating to an "equal weight" rating in a research report on Thursday, February 20th. DZ Bank raised shares of UBS Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 6th. Finally, StockNews.com downgraded shares of UBS Group from a "buy" rating to a "hold" rating in a research report on Wednesday, January 22nd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy".

UBS Group Stock Up 1.2%

Shares of UBS traded up $0.40 during mid-day trading on Tuesday, hitting $32.56. The company's stock had a trading volume of 2,532,417 shares, compared to its average volume of 3,566,664. UBS Group AG has a 52-week low of $25.75 and a 52-week high of $35.84. The company's 50-day moving average is $30.40 and its 200-day moving average is $31.82. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 3.76. The firm has a market capitalization of $104.40 billion, a price-to-earnings ratio of 21.42 and a beta of 1.15.

UBS Group (NYSE:UBS - Get Free Report) last posted its earnings results on Wednesday, April 30th. The bank reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.09. UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The firm had revenue of $11.90 billion during the quarter, compared to analysts' expectations of $10.19 billion. On average, equities research analysts forecast that UBS Group AG will post 1.9 EPS for the current fiscal year.

About UBS Group

UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through five divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, Investment Bank, and Non-core and Legacy. The company offers investment advice, estate and wealth planning, investing, corporate and banking, and investment management, as well as mortgage, securities-based, and structured lending solutions.