Bank Julius Baer & Co. Ltd Zurich Grows Stake in UBS Group AG (NYSE:UBS)

Bank Julius Baer & Co. Ltd Zurich grew its stake in UBS Group AG (NYSE:UBS - Free Report) by 3.7% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,539,123 shares of the bank's stock after purchasing an additional 163,284 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich owned approximately 0.14% of UBS Group worth $138,848,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Blair William & Co. IL lifted its holdings in shares of UBS Group by 11.5% in the fourth quarter. Blair William & Co. IL now owns 7,976 shares of the bank's stock valued at $242,000 after purchasing an additional 823 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in UBS Group during the fourth quarter worth $396,000. Thrivent Financial for Lutherans lifted its holdings in UBS Group by 3.3% during the fourth quarter. Thrivent Financial for Lutherans now owns 16,302 shares of the bank's stock worth $531,000 after acquiring an additional 527 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in UBS Group by 17.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 259,326 shares of the bank's stock worth $7,863,000 after acquiring an additional 39,284 shares during the period. Finally, LPL Financial LLC raised its stake in shares of UBS Group by 20.4% in the fourth quarter. LPL Financial LLC now owns 195,629 shares of the bank's stock valued at $5,931,000 after buying an additional 33,126 shares during the period.

UBS Group Price Performance

Shares of UBS Group stock traded up $0.07 during trading on Thursday, hitting $38.20. 2,183,866 shares of the stock traded hands, compared to its average volume of 3,265,720. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 3.72. The stock has a market cap of $122.47 billion, a price-to-earnings ratio of 25.29, a PEG ratio of 0.96 and a beta of 1.15. The firm's fifty day moving average is $33.42 and its 200-day moving average is $32.48. UBS Group AG has a 52 week low of $25.75 and a 52 week high of $38.41.

UBS Group (NYSE:UBS - Get Free Report) last posted its quarterly earnings results 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 return on equity of 5.82% and a net margin of 7.13%. The business had revenue of $11.90 billion for the quarter, compared to analyst estimates of $10.19 billion. Research analysts expect that UBS Group AG will post 1.9 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have issued reports on UBS. Wedbush restated a "neutral" rating on shares of UBS Group in a research note on Tuesday, May 27th. Bank of America upgraded UBS Group from an "underperform" rating to a "neutral" rating in a research note on Tuesday. Royal Bank Of Canada restated an "outperform" rating on shares of UBS Group in a research report on Wednesday, May 21st. Keefe, Bruyette & Woods upgraded UBS Group from a "moderate sell" rating to a "hold" rating in a research report on Thursday, April 17th. Finally, Morgan Stanley cut UBS Group from an "equal weight" rating to an "underweight" rating in a research report on Wednesday, June 18th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, UBS Group presently has an average rating of "Moderate Buy".

About UBS Group

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.