UBS Group AG $UBS Shares Bought by Crocodile Capital Partners GmbH

Key Points

• Crocodile Capital Partners GmbH increased its stake in UBS Group AG by 74.6%, now owning 995,000 shares valued at approximately $33.65 million, making it their largest position.
• In the most recent quarter, UBS reported an earnings per share (EPS) of $0.72, exceeding analyst expectations of $0.70, along with revenues of $11.55 billion compared to estimates of $9.77 billion.
• Several analysts have upgraded UBS's stock, with the average rating now classified as a "Moderate Buy," following various rating adjustments from firms like Jefferies and Bank of America.

Crocodile Capital Partners GmbH increased its position in UBS Group AG (NYSE:UBS - Free Report) by 74.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 995,000 shares of the bank's stock after acquiring an additional 425,000 shares during the period. UBS Group makes up about 56.5% of Crocodile Capital Partners GmbH's portfolio, making the stock its biggest holding. Crocodile Capital Partners GmbH's holdings in UBS Group were worth $33,651,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of UBS. Cetera Investment Advisers raised its stake in shares of UBS Group by 0.9% during the 4th quarter. Cetera Investment Advisers now owns 60,549 shares of the bank's stock valued at $1,836,000 after buying an additional 538 shares during the last quarter. Focus Partners Wealth raised its stake in shares of UBS Group by 28.1% during the 4th quarter. Focus Partners Wealth now owns 12,642 shares of the bank's stock valued at $393,000 after buying an additional 2,772 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of UBS Group by 62.3% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,810 shares of the bank's stock valued at $117,000 after buying an additional 1,463 shares during the last quarter. Zurich Insurance Group Ltd FI raised its stake in shares of UBS Group by 44.6% during the 4th quarter. Zurich Insurance Group Ltd FI now owns 855,185 shares of the bank's stock valued at $26,169,000 after buying an additional 263,900 shares during the last quarter. Finally, Waverly Advisors LLC purchased a new position in shares of UBS Group during the 4th quarter valued at about $534,000.

Wall Street Analyst Weigh In

UBS has been the subject of several recent analyst reports. Zacks Research upgraded UBS Group to a "strong-buy" rating in a research note on Friday, August 8th. Citigroup restated a "neutral" rating on shares of UBS Group in a research note on Wednesday, June 11th. Jefferies Financial Group upgraded UBS Group from a "hold" rating to a "buy" rating in a research note on Tuesday, June 3rd. Wedbush restated a "neutral" rating on shares of UBS Group in a research note on Tuesday, May 27th. Finally, Morgan Stanley lowered UBS Group from an "equal weight" rating to an "underweight" rating in a research note on Wednesday, June 18th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy".

UBS Group Price Performance

Shares of UBS Group stock traded up $0.74 on Friday, hitting $42.27. 1,765,398 shares of the company were exchanged, compared to its average volume of 1,460,320. The stock has a market capitalization of $135.54 billion, a price-to-earnings ratio of 22.37, a price-to-earnings-growth ratio of 0.72 and a beta of 1.21. The company has a 50-day moving average price of $39.12 and a 200 day moving average price of $34.18. UBS Group AG has a 1-year low of $25.75 and a 1-year high of $42.38. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 3.77.

UBS Group (NYSE:UBS - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The bank reported $0.72 EPS for the quarter, beating analysts' consensus estimates of $0.70 by $0.02. The firm had revenue of $11.55 billion for the quarter, compared to analysts' expectations of $9.77 billion. UBS Group had a return on equity of 7.17% and a net margin of 9.21%.During the same period in the prior year, the firm posted $0.34 earnings per share. As a group, sell-side analysts predict that UBS Group AG will post 1.9 earnings per share for the current fiscal year.

UBS Group 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.