Royal Bank of Canada Has $253.47 Million Stake in UBS Group AG (NYSE:UBS)

Royal Bank of Canada lifted its holdings in UBS Group AG (NYSE:UBS - Free Report) by 4.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,359,784 shares of the bank's stock after purchasing an additional 371,868 shares during the period. Royal Bank of Canada owned 0.26% of UBS Group worth $253,467,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Norges Bank acquired a new stake in shares of UBS Group in the 4th quarter valued at $5,594,066,000. Vanguard Group Inc. lifted its stake in shares of UBS Group by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 127,886,868 shares of the bank's stock valued at $3,915,512,000 after purchasing an additional 1,296,428 shares during the last quarter. FMR LLC lifted its position in UBS Group by 29.4% during the 4th quarter. FMR LLC now owns 55,533,620 shares of the bank's stock worth $1,695,087,000 after acquiring an additional 12,609,616 shares during the last quarter. Pictet Asset Management Holding SA lifted its position in UBS Group by 18.9% during the 4th quarter. Pictet Asset Management Holding SA now owns 34,979,795 shares of the bank's stock worth $1,070,335,000 after acquiring an additional 5,555,624 shares during the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its position 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 worth $858,359,000 after acquiring an additional 17,525,749 shares during the last quarter.

Analysts Set New Price Targets

UBS has been the subject of a number of research analyst reports. Bank of America lowered shares of UBS Group from a "neutral" rating to an "underperform" rating in a research report on Thursday, March 27th. Keefe, Bruyette & Woods raised UBS Group from a "moderate sell" rating to a "hold" rating in a report on Thursday, April 17th. StockNews.com lowered UBS Group from a "buy" rating to a "hold" rating in a report on Wednesday, January 22nd. Morgan Stanley lowered UBS Group from an "overweight" rating to an "equal weight" rating in a report on Thursday, February 20th. Finally, DZ Bank raised UBS Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 6th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy".

UBS Group Stock Performance

Shares of NYSE:UBS traded down $1.47 on Tuesday, hitting $32.28. 4,336,398 shares of the company were exchanged, compared to its average volume of 2,326,832. The company's 50 day moving average price is $30.47 and its two-hundred day moving average price is $31.87. UBS Group AG has a one year low of $25.75 and a one year high of $35.84. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.05 and a current ratio of 1.06. The firm has a market capitalization of $103.50 billion, a price-to-earnings ratio of 21.24 and a beta of 1.15.

UBS Group (NYSE:UBS - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The bank reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.09. UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The company had revenue of $11.90 billion for the quarter, compared to the consensus estimate of $10.19 billion. Research analysts expect that UBS Group AG will post 1.9 earnings per share for the current year.

UBS Group Company 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.