Systrade AG Buys 100,000 Shares of UBS Group AG (NYSE:UBS)

Systrade AG lifted its stake in UBS Group AG (NYSE:UBS - Free Report) by 20.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 595,000 shares of the bank's stock after purchasing an additional 100,000 shares during the period. UBS Group comprises about 25.2% of Systrade AG's holdings, making the stock its 2nd largest holding. Systrade AG's holdings in UBS Group were worth $18,086,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Norges Bank purchased a new stake in shares of UBS Group during the 4th quarter worth $5,594,066,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake 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 buying an additional 17,525,749 shares in the last quarter. FMR LLC boosted its position in shares of 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 in the last quarter. Caisse Des Depots ET Consignations purchased a new position in shares of UBS Group in the 4th quarter valued at about $233,591,000. Finally, SIH Partners LLLP acquired a new stake in shares of UBS Group during the 4th quarter worth about $214,546,000.

UBS Group Stock Performance

Shares of UBS Group stock traded up $0.76 during trading on Friday, reaching $33.61. The company's stock had a trading volume of 7,079,179 shares, compared to its average volume of 2,401,544. The company has a 50-day moving average price of $30.32 and a two-hundred day moving average price of $31.88. UBS Group AG has a fifty-two week low of $25.75 and a fifty-two week high of $35.84. The firm has a market cap of $107.77 billion, a PE ratio of 22.11 and a beta of 1.16. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 3.76.

UBS Group (NYSE:UBS - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The bank reported $0.51 EPS for the quarter, beating analysts' consensus estimates 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 analyst estimates of $10.19 billion. On average, analysts forecast that UBS Group AG will post 1.9 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on UBS shares. DZ Bank raised UBS Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 6th. Bank of America cut shares of UBS Group from a "neutral" rating to an "underperform" rating in a report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of UBS Group in a research note on Monday, May 12th. Keefe, Bruyette & Woods upgraded shares of UBS Group from a "moderate sell" rating to a "hold" rating in a research note on Thursday, April 17th. Finally, Royal Bank of Canada reiterated an "outperform" rating on shares of UBS Group in a research report on Wednesday, May 21st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy".

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.