Russell Investments Group Ltd. Has $392.51 Million Stock Holdings in UBS Group AG $UBS

Russell Investments Group Ltd. raised its stake in shares of UBS Group AG (NYSE:UBS) by 1.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,414,416 shares of the bank’s stock after purchasing an additional 131,508 shares during the period. UBS Group accounts for 0.4% of Russell Investments Group Ltd.’s portfolio, making the stock its 23rd largest holding. Russell Investments Group Ltd.’s holdings in UBS Group were worth $392,510,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Navalign LLC acquired a new position in UBS Group during the fourth quarter valued at approximately $32,000. Larson Financial Group LLC grew its holdings in UBS Group by 118.4% during the third quarter. Larson Financial Group LLC now owns 821 shares of the bank’s stock valued at $34,000 after purchasing an additional 445 shares during the last quarter. Empowered Funds LLC acquired a new position in UBS Group during the fourth quarter valued at approximately $41,000. JPL Wealth Management LLC acquired a new position in UBS Group during the third quarter valued at approximately $37,000. Finally, Cornerstone Planning Group LLC grew its holdings in UBS Group by 1,013.8% during the fourth quarter. Cornerstone Planning Group LLC now owns 969 shares of the bank’s stock valued at $46,000 after purchasing an additional 882 shares during the last quarter.

UBS Group Price Performance

NYSE:UBS opened at $50.46 on Wednesday. The company has a quick ratio of 1.19, a current ratio of 0.85 and a debt-to-equity ratio of 1.23. The firm has a market cap of $157.62 billion, a PE ratio of 18.08, a price-to-earnings-growth ratio of 0.83 and a beta of 1.19. UBS Group AG has a 12 month low of $30.36 and a 12 month high of $50.91. The company’s 50-day moving average price is $45.11 and its two-hundred day moving average price is $43.67.

UBS Group (NYSE:UBS) last posted its earnings results on Wednesday, April 29th. The bank reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.09. The company had revenue of $13.64 billion during the quarter, compared to analysts’ expectations of $13.16 billion. UBS Group had a net margin of 12.66% and a return on equity of 10.05%. On average, equities analysts anticipate that UBS Group AG will post 3.33 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Weiss Ratings downgraded shares of UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Royal Bank Of Canada restated an “outperform” rating on shares of UBS Group in a research note on Thursday, May 7th. Morgan Stanley restated an “underweight” rating on shares of UBS Group in a research note on Thursday, April 23rd. Citigroup restated a “neutral” rating on shares of UBS Group in a research note on Thursday, April 23rd. Finally, Barclays upgraded shares of UBS Group from an “underweight” rating to an “equal weight” rating in a research note on Monday, April 20th. Four equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $60.30.

UBS Group Profile

UBS Group AG is a Swiss multinational financial services firm that provides a broad range of banking and capital markets services to private, institutional and corporate clients. Headquartered in Zurich, UBS operates as a universal bank with a primary focus on wealth management, asset management, investment banking and retail and commercial banking in Switzerland. The firm serves high-net-worth and ultra-high-net-worth individuals, pension funds, corporations and institutional investors through a global network of offices.

Key business activities include global wealth management—offering financial planning, investment advisory, discretionary portfolio management and custody services—alongside asset management products for institutional and retail investors.