LPL Financial LLC Increases Stake in UBS Group AG (NYSE:UBS)

LPL Financial LLC raised its stake in shares of UBS Group AG (NYSE:UBS - Free Report) by 15.7% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 226,246 shares of the bank's stock after acquiring an additional 30,617 shares during the period. LPL Financial LLC's holdings in UBS Group were worth $6,930,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in UBS Group by 8.2% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 55,586,232 shares of the bank's stock valued at $1,688,163,000 after acquiring an additional 4,207,140 shares during the period. Pictet Asset Management Holding SA lifted its stake in UBS Group by 1.3% during the 1st quarter. Pictet Asset Management Holding SA now owns 35,428,808 shares of the bank's stock valued at $1,075,976,000 after acquiring an additional 449,013 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in UBS Group by 162.6% during the 4th 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 acquiring an additional 17,525,749 shares during the period. Deutsche Bank AG lifted its stake in UBS Group by 15.8% during the 4th quarter. Deutsche Bank AG now owns 27,013,906 shares of the bank's stock valued at $819,062,000 after acquiring an additional 3,684,437 shares during the period. Finally, Vontobel Holding Ltd. lifted its stake in UBS Group by 4.3% during the 1st quarter. Vontobel Holding Ltd. now owns 17,146,184 shares of the bank's stock valued at $521,098,000 after acquiring an additional 701,116 shares during the period.

UBS Group Trading Up 1.9%

UBS stock traded up $0.72 during midday trading on Tuesday, reaching $39.52. The company's stock had a trading volume of 2,209,040 shares, compared to its average volume of 2,158,902. The company has a debt-to-equity ratio of 3.77, a quick ratio of 1.05 and a current ratio of 1.05. The stock has a fifty day simple moving average of $35.05 and a two-hundred day simple moving average of $32.93. UBS Group AG has a 1 year low of $25.75 and a 1 year high of $39.71. The firm has a market capitalization of $126.72 billion, a price-to-earnings ratio of 20.91, a PEG ratio of 0.68 and a beta of 1.18.

UBS Group (NYSE:UBS - Get Free Report) last released its earnings results on Wednesday, July 30th. The bank reported $0.72 earnings per share for the quarter, topping analysts' consensus estimates of $0.70 by $0.02. UBS Group had a return on equity of 7.17% and a net margin of 9.21%. The business had revenue of $11.55 billion for the quarter, compared to analyst estimates of $9.77 billion. During the same quarter last year, the firm posted $0.34 earnings per share. On average, equities research analysts predict that UBS Group AG will post 1.9 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently commented on UBS shares. Keefe, Bruyette & Woods raised shares of UBS Group from a "moderate sell" rating to a "hold" rating in a research report on Thursday, April 17th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of UBS Group in a report on Monday, May 12th. Wedbush restated a "neutral" rating on shares of UBS Group in a research note on Tuesday, May 27th. DZ Bank upgraded UBS Group from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 6th. Finally, Bank of America upgraded UBS Group from an "underperform" rating to a "neutral" rating in a research report on Tuesday, July 22nd. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold".

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.