Governors Lane LP Buys Shares of 890,800 UBS Group AG (NYSE:UBS)

Governors Lane LP acquired a new stake in shares of UBS Group AG (NYSE:UBS - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 890,800 shares of the bank's stock, valued at approximately $27,223,000. UBS Group accounts for approximately 2.1% of Governors Lane LP's investment portfolio, making the stock its 15th biggest position.

Other large investors have also bought and sold shares of the company. Timber Creek Capital Management LLC lifted its position in shares of UBS Group by 0.3% in the fourth quarter. Timber Creek Capital Management LLC now owns 117,613 shares of the bank's stock valued at $3,566,000 after buying an additional 311 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of UBS Group by 0.5% in the 4th quarter. Integrated Wealth Concepts LLC now owns 65,889 shares of the bank's stock worth $1,998,000 after purchasing an additional 320 shares in the last quarter. Allworth Financial LP grew its stake in shares of UBS Group by 6.4% in the 4th quarter. Allworth Financial LP now owns 5,528 shares of the bank's stock worth $168,000 after acquiring an additional 334 shares in the last quarter. Independent Advisor Alliance boosted its stake in UBS Group by 0.4% in the fourth quarter. Independent Advisor Alliance now owns 85,975 shares of the bank's stock valued at $2,607,000 after acquiring an additional 339 shares during the last quarter. Finally, Lindbrook Capital LLC raised its position in shares of UBS Group by 3.2% in the fourth quarter. Lindbrook Capital LLC now owns 11,247 shares of the bank's stock valued at $341,000 after purchasing an additional 345 shares during the period.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft raised shares of UBS Group from a "hold" rating to a "buy" rating in a report on Monday, February 10th. StockNews.com lowered shares of UBS Group from a "buy" rating to a "hold" rating in a research note on Wednesday, January 22nd. Morgan Stanley cut UBS Group from an "overweight" rating to an "equal weight" rating in a research report on Thursday, February 20th. Bank of America lowered UBS Group from a "neutral" rating to an "underperform" rating in a research report on Thursday, March 27th. Finally, DZ Bank raised shares of UBS Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 6th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, UBS Group presently has an average rating of "Moderate Buy".

UBS Group Trading Up 1.0%

Shares of UBS Group stock traded up $0.32 during trading hours on Tuesday, reaching $32.48. 515,145 shares of the company's stock were exchanged, compared to its average volume of 2,274,493. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 3.76. The firm has a market capitalization of $104.13 billion, a price-to-earnings ratio of 21.39 and a beta of 1.15. The company has a fifty day moving average of $30.40 and a 200-day moving average of $31.82. UBS Group AG has a 52-week low of $25.75 and a 52-week high of $35.84.

UBS Group (NYSE:UBS - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The bank reported $0.51 earnings per share 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 business had revenue of $11.90 billion for the quarter, compared to analysts' expectations of $10.19 billion. Sell-side analysts forecast that UBS Group AG will post 1.9 EPS for the current fiscal year.

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.