Lighthouse Investment Partners LLC Takes Position in UBS Group AG $UBS

Key Points

• Lighthouse Investment Partners LLC acquired a new stake of 146,341 shares in UBS Group in Q3, valued at approximately $6.0 million.
• UBS beat quarterly expectations with $0.37 EPS versus a $0.25 consensus and reported revenue of $12.20 billion, up 10.3% year‑over‑year.
• UBS announced a $0.55 special dividend payable April 23, with a record and ex‑dividend date of April 22.

Lighthouse Investment Partners LLC acquired a new stake in UBS Group AG (NYSE:UBS - Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 146,341 shares of the bank's stock, valued at approximately $6,000,000.

Other hedge funds have also added to or reduced their stakes in the company. Parallel Advisors LLC increased its position in UBS Group by 1.9% in the 3rd quarter. Parallel Advisors LLC now owns 14,905 shares of the bank's stock valued at $611,000 after acquiring an additional 271 shares during the period. Checchi Capital Advisers LLC lifted its holdings in shares of UBS Group by 1.2% during the third quarter. Checchi Capital Advisers LLC now owns 24,868 shares of the bank's stock worth $1,020,000 after purchasing an additional 287 shares during the period. Coldstream Capital Management Inc. lifted its holdings in shares of UBS Group by 1.1% during the second quarter. Coldstream Capital Management Inc. now owns 26,179 shares of the bank's stock worth $885,000 after purchasing an additional 290 shares during the period. Arkadios Wealth Advisors grew its stake in shares of UBS Group by 3.1% in the third quarter. Arkadios Wealth Advisors now owns 9,877 shares of the bank's stock worth $405,000 after purchasing an additional 301 shares during the last quarter. Finally, Sagespring Wealth Partners LLC increased its holdings in UBS Group by 2.5% in the third quarter. Sagespring Wealth Partners LLC now owns 12,705 shares of the bank's stock valued at $521,000 after purchasing an additional 315 shares during the period.

UBS Group Price Performance

Shares of NYSE UBS opened at $37.43 on Tuesday. The firm has a market capitalization of $116.91 billion, a P/E ratio of 15.86, a P/E/G ratio of 0.35 and a beta of 1.14. The firm's 50-day moving average price is $43.85 and its 200-day moving average price is $41.88. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 3.63. UBS Group AG has a 1-year low of $25.75 and a 1-year high of $49.36.

UBS Group (NYSE:UBS - Get Free Report) last issued its earnings results on Wednesday, February 4th. The bank reported $0.37 EPS for the quarter, beating the consensus estimate of $0.25 by $0.12. UBS Group had a return on equity of 8.68% and a net margin of 10.88%.The company had revenue of $12.20 billion during the quarter, compared to the consensus estimate of $9.88 billion. During the same period last year, the business posted $0.23 EPS. The firm's revenue for the quarter was up 10.3% compared to the same quarter last year. Equities research analysts anticipate that UBS Group AG will post 1.9 earnings per share for the current fiscal year.

UBS Group Announces Dividend

The company also recently disclosed a special dividend, which will be paid on Thursday, April 23rd. Shareholders of record on Wednesday, April 22nd will be paid a $0.55 dividend. The ex-dividend date of this dividend is Wednesday, April 22nd.

Analyst Upgrades and Downgrades

UBS has been the subject of several analyst reports. Zacks Research lowered UBS Group from a "strong-buy" rating to a "hold" rating in a research report on Thursday, January 15th. Citigroup reissued a "neutral" rating on shares of UBS Group in a research note on Thursday, January 22nd. Bank of America upgraded UBS Group from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $44.00 to $60.30 in a research report on Tuesday, December 16th. The Goldman Sachs Group reaffirmed a "neutral" rating on shares of UBS Group in a research note on Friday, February 6th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of UBS Group in a report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $60.30.

UBS Group Company 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.

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