UBS Group AG (NYSE:UBS) Shares Purchased by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale increased its holdings in UBS Group AG (NYSE:UBS - Free Report) by 2.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,366,422 shares of the bank's stock after purchasing an additional 96,917 shares during the period. DekaBank Deutsche Girozentrale owned 0.14% of UBS Group worth $134,442,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in UBS. Norges Bank purchased a new stake in shares of UBS Group in the fourth quarter valued at $5,594,066,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in shares of UBS Group by 162.6% in the fourth 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 purchasing an additional 17,525,749 shares during the period. FMR LLC grew its position in shares of UBS Group by 29.4% in the fourth quarter. FMR LLC now owns 55,533,620 shares of the bank's stock valued at $1,695,087,000 after purchasing an additional 12,609,616 shares during the period. Caisse Des Depots ET Consignations purchased a new stake in shares of UBS Group in the fourth quarter valued at $233,591,000. Finally, SIH Partners LLLP purchased a new stake in shares of UBS Group in the fourth quarter valued at $214,546,000.

Wall Street Analyst Weigh In

UBS has been the topic of a number of research analyst reports. DZ Bank upgraded UBS Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 6th. Citigroup restated a "neutral" rating on shares of UBS Group in a report on Wednesday, June 11th. Wedbush reaffirmed a "neutral" rating on shares of UBS Group in a research note on Tuesday, May 27th. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of UBS Group in a research note on Wednesday, May 21st. 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 sell rating, four have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, UBS Group presently has a consensus rating of "Hold".

UBS Group Trading Down 1.1%

Shares of NYSE UBS traded down $0.39 during midday trading on Friday, hitting $35.72. The stock had a trading volume of 1,497,486 shares, compared to its average volume of 2,471,882. The company has a market capitalization of $114.53 billion, a price-to-earnings ratio of 23.66, a PEG ratio of 0.94 and a beta of 1.15. UBS Group AG has a 1-year low of $25.75 and a 1-year high of $36.24. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 3.72. The company has a fifty day moving average price of $32.66 and a 200 day moving average price of $32.16.

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