ANTIPODES PARTNERS Ltd Purchases 234,528 Shares of UBS Group AG (NYSE:UBS)

ANTIPODES PARTNERS Ltd lifted its stake in UBS Group AG (NYSE:UBS - Free Report) by 9.6% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,684,289 shares of the bank's stock after purchasing an additional 234,528 shares during the period. UBS Group accounts for approximately 2.6% of ANTIPODES PARTNERS Ltd's holdings, making the stock its 18th largest holding. ANTIPODES PARTNERS Ltd owned about 0.08% of UBS Group worth $81,529,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Integrated Wealth Concepts LLC boosted its position in shares of UBS Group by 0.5% in the 4th quarter. Integrated Wealth Concepts LLC now owns 65,889 shares of the bank's stock worth $1,998,000 after purchasing an additional 320 shares during the last quarter. HighPoint Advisor Group LLC boosted its position in shares of UBS Group by 4.8% in the 4th quarter. HighPoint Advisor Group LLC now owns 7,633 shares of the bank's stock worth $253,000 after purchasing an additional 349 shares during the last quarter. First National Bank of Hutchinson boosted its position in shares of UBS Group by 3.1% in the 1st quarter. First National Bank of Hutchinson now owns 12,384 shares of the bank's stock worth $379,000 after purchasing an additional 367 shares during the last quarter. Keel Point LLC boosted its position in shares of UBS Group by 4.4% in the 4th quarter. Keel Point LLC now owns 9,227 shares of the bank's stock worth $280,000 after purchasing an additional 389 shares during the last quarter. Finally, Berbice Capital Management LLC boosted its position in shares of UBS Group by 44.4% in the 1st quarter. Berbice Capital Management LLC now owns 1,300 shares of the bank's stock worth $40,000 after purchasing an additional 400 shares during the last quarter.

Analyst Ratings Changes

Several research firms have weighed in on UBS. Jefferies Financial Group upgraded UBS Group from a "hold" rating to a "buy" rating in a report on Tuesday, June 3rd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of UBS Group in a report on Monday, May 12th. Royal Bank Of Canada reissued an "outperform" rating on shares of UBS Group in a research note on Wednesday, May 21st. DZ Bank raised UBS Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 6th. Finally, Citigroup reissued a "neutral" rating on shares of UBS Group in a research note on Wednesday, June 11th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy".

UBS Group Stock Up 0.5%

Shares of NYSE:UBS traded up $0.20 during midday trading on Friday, reaching $38.41. The company had a trading volume of 1,500,668 shares, compared to its average volume of 2,152,087. The business's 50 day moving average price is $33.63 and its 200 day moving average price is $32.56. The stock has a market cap of $123.15 billion, a PE ratio of 25.43, a P/E/G ratio of 0.68 and a beta of 1.15. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 3.72. UBS Group AG has a 1-year low of $25.75 and a 1-year high of $38.42.

UBS Group (NYSE:UBS - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The bank reported $0.51 earnings per share for the quarter, topping analysts' consensus estimates of $0.42 by $0.09. The firm had revenue of $11.90 billion for the quarter, compared to the consensus estimate of $10.19 billion. UBS Group had a return on equity of 5.82% and a net margin of 7.13%. Research analysts forecast that UBS Group AG will post 1.9 EPS for the current fiscal year.

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.