Legal & General Group Plc Increases Holdings in UBS Group AG $UBS

Key Points

• Legal & General Group Plc increased its UBS stake by 0.9% in the fourth quarter, adding 207,752 shares and bringing its total holding to 23.6 million shares valued at about $1.10 billion.
• UBS reported stronger-than-expected quarterly results, posting EPS of $0.94 versus the $0.85 consensus and revenue of $13.64 billion versus $13.16 billion expected.
• Despite some positive analyst commentary, UBS continues to face regulatory and reputational pressure, including calls for stricter Swiss capital rules and scrutiny over a Nazi-accounts probe.

Legal & General Group Plc lifted its position in shares of UBS Group AG (NYSE:UBS - Free Report) by 0.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,611,119 shares of the bank's stock after acquiring an additional 207,752 shares during the quarter. Legal & General Group Plc owned 0.76% of UBS Group worth $1,101,502,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Navalign LLC purchased a new stake in shares of UBS Group during the 4th quarter worth approximately $32,000. Larson Financial Group LLC boosted its stake in shares of UBS Group by 118.4% during the 3rd quarter. Larson Financial Group LLC now owns 821 shares of the bank's stock worth $34,000 after acquiring an additional 445 shares in the last quarter. JPL Wealth Management LLC purchased a new stake in shares of UBS Group during the 3rd quarter worth approximately $37,000. Cornerstone Planning Group LLC boosted its stake in shares of UBS Group by 1,013.8% during the 4th quarter. Cornerstone Planning Group LLC now owns 969 shares of the bank's stock worth $46,000 after acquiring an additional 882 shares in the last quarter. Finally, YANKCOM Partnership acquired a new position in shares of UBS Group during the 4th quarter worth approximately $47,000.

Trending Headlines about UBS Group

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

• Positive Sentiment: Deutsche Bank raised its price target on UBS Group AG and kept a Buy rating, signaling continued analyst confidence in the bank’s earnings power and valuation. Deutsche Bank Raises PT on UBS Group (UBS), Keeps a Buy Rating
• Positive Sentiment: UBS Global Wealth Management lifted its S&P 500 target to 7,900, citing AI infrastructure spending and resilient consumer demand, reinforcing a constructive outlook from the firm’s own strategists. UBS Boosts S&P 500 Forecast to 7,900 on AI Infrastructure and Consumer Resilience
• Positive Sentiment: UBS analysts also highlighted ASML as the best bet among European chip stocks, which supports the bank’s reputation for strong market calls and may reflect positively on UBS’s research franchise. Why UBS Says ASML Is the Best Bet Among European Chip Stocks
• Neutral Sentiment: UBS disclosed a 2.87% voting stake in Qiagen, and Qiagen separately said the regulator notified it of UBS’s 3.15% stake. This is a routine holdings disclosure with limited direct impact on UBS shares. UBS Group Discloses 2.87% Voting Stake in Qiagen
• Negative Sentiment: Reuters reported that Switzerland’s finance minister said stricter capital rules are needed to protect taxpayers from another bailout risk, keeping regulatory pressure on UBS in focus. UBS capital rules needed to shield Swiss taxpayers, finance minister says
• Negative Sentiment: UBS also drew attention for hitting back at a Nazi-accounts probe amid Senate pressure, adding another legal/reputational overhang for investors to watch. UBS Hits Back Over Nazi-Accounts Probe Amid Senate Pressure

UBS Group Trading Down 0.1%

Shares of UBS opened at $46.94 on Monday. The stock has a fifty day moving average of $41.68 and a two-hundred day moving average of $42.51. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.19 and a current ratio of 0.85. The company has a market capitalization of $146.62 billion, a PE ratio of 16.82, a price-to-earnings-growth ratio of 0.81 and a beta of 1.19. UBS Group AG has a fifty-two week low of $30.36 and a fifty-two week high of $49.36.

UBS Group (NYSE:UBS - Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The bank reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.09. The company had revenue of $13.64 billion during the quarter, compared to the consensus estimate of $13.16 billion. UBS Group had a return on equity of 10.05% and a net margin of 12.66%. As a group, analysts forecast that UBS Group AG will post 3.25 EPS for the current year.

Analysts Set New Price Targets

Several brokerages recently issued reports on UBS. Weiss Ratings downgraded UBS Group from a "buy (b+)" rating to a "buy (b)" rating in a research report on Monday, May 4th. Royal Bank Of Canada restated an "outperform" rating on shares of UBS Group in a research report on Thursday, May 7th. Barclays upgraded UBS Group from an "underweight" rating to an "equal weight" rating in a research report on Monday, April 20th. Morgan Stanley restated an "underweight" rating on shares of UBS Group in a research report on Thursday, April 23rd. Finally, The Goldman Sachs Group restated a "neutral" rating on shares of UBS Group in a research report on Friday, February 6th. Five analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, UBS Group has a consensus rating of "Hold" and a consensus target price of $60.30.

UBS Group Profile

UBS Group AG is a Swiss multinational financial services firm that provides a broad range of banking and capital markets services to private, institutional and corporate clients. Headquartered in Zurich, UBS operates as a universal bank with a primary focus on wealth management, asset management, investment banking and retail and commercial banking in Switzerland. The firm serves high-net-worth and ultra-high-net-worth individuals, pension funds, corporations and institutional investors through a global network of offices.

Key business activities include global wealth management—offering financial planning, investment advisory, discretionary portfolio management and custody services—alongside asset management products for institutional and retail investors.

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.