117,577 Shares of UBS Group AG $UBS Acquired by Ninety One North America Inc.

Key Points

• Ninety One North America acquired 117,577 UBS Group shares during the third quarter, a stake valued at approximately $5.67 million.
• UBS shares rose 0.9% to $47.59, while the bank reported quarterly revenue of $13.35 billion and EPS of $0.87, slightly below analyst expectations.
• Analyst sentiment is mixed, with a consensus “Hold” rating and an average price target of $60.30; six analysts rate the stock a Buy, while four rate it Hold and two rate it Sell.

Ninety One North America Inc. purchased a new stake in UBS Group AG (NYSE:UBS - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 117,577 shares of the bank's stock, valued at approximately $5,674,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Trust Point Inc. lifted its stake in UBS Group by 2.1% in the 2nd quarter. Trust Point Inc. now owns 13,926 shares of the bank's stock valued at $690,000 after purchasing an additional 288 shares during the last quarter. Anchyra Partners LLC increased its position in UBS Group by 3.3% during the first quarter. Anchyra Partners LLC now owns 9,090 shares of the bank's stock worth $355,000 after buying an additional 294 shares during the last quarter. Cim LLC increased its position in UBS Group by 0.7% during the first quarter. Cim LLC now owns 50,095 shares of the bank's stock worth $1,957,000 after buying an additional 332 shares during the last quarter. GAMMA Investing LLC increased its position in UBS Group by 23.1% during the second quarter. GAMMA Investing LLC now owns 1,983 shares of the bank's stock worth $98,000 after buying an additional 372 shares during the last quarter. Finally, Cloverfields Capital Group LP raised its stake in UBS Group by 0.5% in the first quarter. Cloverfields Capital Group LP now owns 72,127 shares of the bank's stock valued at $2,818,000 after buying an additional 373 shares during the period.

UBS Group Trading Up 0.9%

UBS stock traded up $0.44 during mid-day trading on Thursday, hitting $47.59. 1,021,853 shares of the company were exchanged, compared to its average volume of 2,272,436. The business has a 50 day simple moving average of $51.77 and a 200-day simple moving average of $48.84. The stock has a market capitalization of $148.67 billion, a PE ratio of 16.19, a price-to-earnings-growth ratio of 0.72 and a beta of 1.21. UBS Group AG has a 1-year low of $36.29 and a 1-year high of $55.99.

UBS Group (NYSE:UBS - Get Free Report) last posted its earnings results on Wednesday, July 29th. The bank reported $0.87 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.03). The firm had revenue of $13.35 billion during the quarter, compared to analyst estimates of $13.40 billion. UBS Group had a net margin of 13.10% and a return on equity of 10.50%. UBS Group's revenue for the quarter was up 13.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.72 EPS. Equities research analysts expect that UBS Group AG will post 3.59 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have recently issued reports on UBS. Bank of America reaffirmed a "buy" rating on shares of UBS Group in a research report on Tuesday, September 1st. Citigroup reissued a "neutral" rating on shares of UBS Group in a report on Monday, July 20th. Wall Street Zen cut UBS Group from a "buy" rating to a "hold" rating in a research note on Sunday, July 26th. Royal Bank Of Canada reaffirmed a "buy" rating on shares of UBS Group in a report on Monday, September 28th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of UBS Group in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $60.30.

More UBS Group News

Here are the key news stories impacting UBS Group this week:

• Positive Sentiment: Switzerland’s top court upheld the decision to deny bonuses to some Credit Suisse bankers following UBS’s takeover, potentially limiting UBS’s compensation-related costs and legal exposure. Credit Suisse bankers denied bonuses stripped after UBS takeover
• Neutral Sentiment: UBS is reportedly evaluating whether to move its headquarters from Switzerland if lawmakers impose tougher capital rules. The possibility could give the bank leverage in negotiations and improve strategic flexibility, but relocation would be costly, complex and politically sensitive. UBS weighs moving headquarters from Switzerland if capital rules tighten
• Neutral Sentiment: UBS forecasts that the Federal Reserve will extend its tightening cycle with a March rate increase after an inflation surprise. Higher rates could support net interest income, although they may also weigh on markets, deal activity and wealth-management assets. UBS extends Fed tightening cycle forecast
• Neutral Sentiment: UBS executed an off-market repurchase of 2.64 million Glencore shares. The transaction appears routine and is unlikely to materially change UBS’s earnings outlook. Glencore cancels shares in buyback from UBS
• Negative Sentiment: Swiss lawmakers backed a fee on UBS for access to a public liquidity backstop, adding a potential cost as regulators continue seeking safeguards after the Credit Suisse rescue. Swiss committee backs fee on UBS liquidity backstop
• Negative Sentiment: BNP Paribas hired dealmakers from UBS to expand its U.K. mergers-and-acquisitions advisory business, signaling competitive pressure and possible talent losses. BNP Paribas hires UBS dealmakers
• Negative Sentiment: Erste Group made marginal reductions to its FY2026 and FY2027 EPS forecasts for UBS, reinforcing modest pressure on earnings expectations.

UBS Group Profile

UBS Group AG NYSE: UBS is a Switzerland-based global financial services company serving private, institutional and corporate clients. Its principal businesses include wealth management, asset management, investment banking, and personal and corporate banking in Switzerland.

Through its wealth management business, UBS provides investment advice, portfolio management, lending, estate planning and other financial solutions to high-net-worth and ultra-high-net-worth individuals and families.

Want to see what other hedge funds are holding UBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for UBS Group AG (NYSE:UBS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.