DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Has $858.36 Million Stock Holdings in UBS Group AG (NYSE:UBS)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in UBS Group AG (NYSE:UBS - Free Report) by 162.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 28,307,335 shares of the bank's stock after purchasing an additional 17,525,749 shares during the quarter. UBS Group accounts for about 0.9% of DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main's investment portfolio, making the stock its 29th largest holding. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main owned 0.88% of UBS Group worth $858,359,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of UBS. Norges Bank purchased a new stake in shares of UBS Group during the fourth quarter worth $5,594,066,000. Vanguard Group Inc. lifted its holdings in shares of UBS Group by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 127,886,868 shares of the bank's stock valued at $3,915,512,000 after buying an additional 1,296,428 shares during the last quarter. FMR LLC increased its holdings in UBS Group by 29.4% in the fourth 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 last quarter. Pictet Asset Management Holding SA increased its holdings in UBS Group by 18.9% in the fourth quarter. Pictet Asset Management Holding SA now owns 34,979,795 shares of the bank's stock worth $1,070,335,000 after buying an additional 5,555,624 shares during the last quarter. Finally, Amundi lifted its stake in UBS Group by 0.6% in the fourth quarter. Amundi now owns 16,751,961 shares of the bank's stock valued at $543,936,000 after acquiring an additional 95,712 shares during the last quarter.

UBS Group Stock Performance

Shares of NYSE:UBS traded up $0.41 during midday trading on Friday, hitting $31.49. The company's stock had a trading volume of 4,355,764 shares, compared to its average volume of 2,270,797. UBS Group AG has a fifty-two week low of $25.75 and a fifty-two week high of $35.84. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.05 and a current ratio of 1.06. The stock has a market capitalization of $100.97 billion, a price-to-earnings ratio of 20.72 and a beta of 1.15. The stock's 50 day simple moving average is $30.44 and its 200 day simple moving average is $31.83.

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

Analyst Ratings Changes

Several brokerages have recently commented on UBS. Bank of America lowered shares of UBS Group from a "neutral" rating to an "underperform" rating in a research note on Thursday, March 27th. Deutsche Bank Aktiengesellschaft upgraded UBS Group from a "hold" rating to a "buy" rating in a report on Monday, February 10th. Morgan Stanley downgraded UBS Group from an "overweight" rating to an "equal weight" rating in a research note on Thursday, February 20th. StockNews.com downgraded UBS Group from a "buy" rating to a "hold" rating in a research note on Wednesday, January 22nd. Finally, DZ Bank raised UBS Group from a "hold" rating to a "strong-buy" rating in a research report on Tuesday. One analyst has rated the stock with a sell rating, three have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy".

UBS Group Company Profile

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.