Sustainable Insight Capital Management LLC Purchases New Stake in UBS Group AG (NYSE:UBS)

Key Points

• Sustainable Insight Capital Management LLC invested approximately $4.69 million in UBS Group AG, acquiring 154,375 shares which now represent 2.3% of its total holdings.
• UBS Group reported a net revenue of $11.55 billion in its latest earnings, significantly exceeding analysts' expectations of $9.77 billion, and beat EPS estimates by $0.02.
• Analyst ratings for UBS Group are varied, with two sell ratings, four hold ratings, five buy ratings, and one strong buy rating, resulting in a consensus rating of "Hold."

Sustainable Insight Capital Management LLC bought a new stake in UBS Group AG (NYSE:UBS - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 154,375 shares of the bank's stock, valued at approximately $4,691,000. UBS Group makes up approximately 2.3% of Sustainable Insight Capital Management LLC's investment portfolio, making the stock its 18th biggest position.

Other large investors have also modified their holdings of the company. Goldman Sachs Group Inc. grew its position in UBS Group by 88.5% in the first quarter. Goldman Sachs Group Inc. now owns 37,654,399 shares of the bank's stock valued at $1,153,354,000 after acquiring an additional 17,676,829 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in 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 acquiring an additional 17,525,749 shares during the period. Nuveen LLC bought a new stake in UBS Group in the first quarter valued at $348,161,000. SIH Partners LLLP bought a new stake in UBS Group in the fourth quarter valued at $214,546,000. Finally, Banque Cantonale Vaudoise bought a new stake in UBS Group in the first quarter valued at $206,885,000.

Analyst Ratings Changes

A number of brokerages have weighed in on UBS. DZ Bank upgraded UBS Group from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 6th. Wedbush restated a "neutral" rating on shares of UBS Group in a report on Tuesday, May 27th. Wall Street Zen cut UBS Group from a "hold" rating to a "sell" rating in a report on Sunday, August 3rd. Morgan Stanley cut UBS Group from an "equal weight" rating to an "underweight" rating in a report on Wednesday, June 18th. Finally, Citigroup restated a "neutral" rating on shares of UBS Group in a report on Wednesday, June 11th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, UBS Group has an average rating of "Hold".

UBS Group Price Performance

Shares of UBS stock traded up $0.10 during trading hours on Wednesday, hitting $39.65. 1,342,634 shares of the company's stock were exchanged, compared to its average volume of 2,181,863. The stock's 50-day moving average is $35.19 and its 200-day moving average is $32.98. The company has a debt-to-equity ratio of 3.77, a current ratio of 1.05 and a quick ratio of 1.05. The stock has a market cap of $127.13 billion, a price-to-earnings ratio of 20.98, a price-to-earnings-growth ratio of 0.70 and a beta of 1.18. UBS Group AG has a 52 week low of $25.75 and a 52 week high of $39.71.

UBS Group (NYSE:UBS - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The bank reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.02. The business had revenue of $11.55 billion for the quarter, compared to analysts' expectations of $9.77 billion. UBS Group had a return on equity of 7.17% and a net margin of 9.21%. During the same quarter last year, the business earned $0.34 earnings per share. As a group, research analysts forecast that UBS Group AG will post 1.9 EPS 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.