UBS Group AG $UBS is Moore Capital Management LP’s 5th Largest Position

Moore Capital Management LP raised its holdings in UBS Group AG (NYSE:UBS) by 32.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,197,102 shares of the bank’s stock after purchasing an additional 543,812 shares during the quarter. UBS Group accounts for 1.5% of Moore Capital Management LP’s investment portfolio, making the stock its 5th largest position. Moore Capital Management LP owned approximately 0.07% of UBS Group worth $102,415,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of UBS. Norges Bank bought a new position in UBS Group in the 4th quarter valued at $4,889,413,000. Wellington Management Group LLP grew its stake in UBS Group by 254.9% in the 3rd quarter. Wellington Management Group LLP now owns 63,671,310 shares of the bank’s stock valued at $2,601,589,000 after purchasing an additional 45,731,061 shares during the period. Viking Global Investors LP grew its stake in UBS Group by 407.5% in the 3rd quarter. Viking Global Investors LP now owns 13,096,560 shares of the bank’s stock valued at $534,852,000 after purchasing an additional 10,516,148 shares during the period. Ninety One UK Ltd bought a new position in UBS Group in the 4th quarter valued at $411,917,000. Finally, Bank of Montreal Can grew its stake in UBS Group by 248.7% in the 3rd quarter. Bank of Montreal Can now owns 9,325,276 shares of the bank’s stock valued at $380,782,000 after purchasing an additional 6,650,862 shares during the period.

Analyst Ratings Changes

Several research analysts have recently weighed in on UBS shares. Weiss Ratings downgraded UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Citigroup reiterated a “neutral” rating on shares of UBS Group in a research note on Thursday, April 23rd. Royal Bank Of Canada reiterated an “outperform” rating on shares of UBS Group in a research note on Thursday, May 7th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of UBS Group in a research note on Wednesday, May 13th. Finally, Morgan Stanley reiterated an “underweight” rating on shares of UBS Group in a research note on Thursday, April 23rd. Four research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $60.30.

UBS Group Stock Down 1.3%

UBS stock opened at $49.79 on Thursday. The stock has a fifty day moving average of $45.31 and a 200-day moving average of $43.75. The company has a market capitalization of $155.53 billion, a price-to-earnings ratio of 17.84, a PEG ratio of 0.85 and a beta of 1.19. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.19 and a current ratio of 0.85. UBS Group AG has a fifty-two week low of $30.36 and a fifty-two week high of $50.92.

UBS Group (NYSE:UBS) last issued its quarterly earnings data on Wednesday, April 29th. The bank reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.09. The business had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $13.16 billion. UBS Group had a return on equity of 10.05% and a net margin of 12.66%. As a group, equities research analysts predict that UBS Group AG will post 3.33 earnings per share for the current year.

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.