Cullinan Associates Inc. Boosts Stock Position in UBS Group AG $UBS

Cullinan Associates Inc. increased its holdings in UBS Group AG (NYSE:UBS) by 39.3% during the 1st quarter, Holdings Channel reports. The firm owned 40,407 shares of the bank’s stock after buying an additional 11,407 shares during the period. Cullinan Associates Inc.’s holdings in UBS Group were worth $1,579,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Wellington Management Group LLP lifted its holdings 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 worth $2,601,589,000 after buying an additional 45,731,061 shares during the period. Compagnie Lombard Odier SCmA raised its holdings in shares of UBS Group by 3.0% during the fourth quarter. Compagnie Lombard Odier SCmA now owns 5,382,437 shares of the bank’s stock valued at $251,104,000 after acquiring an additional 158,770 shares in the last quarter. Pictet Asset Management Holding SA lifted its stake in UBS Group by 1.8% in the fourth quarter. Pictet Asset Management Holding SA now owns 35,932,192 shares of the bank’s stock worth $1,676,302,000 after acquiring an additional 629,310 shares during the period. Crocodile Capital Partners GmbH lifted its stake in UBS Group by 5.9% in the fourth quarter. Crocodile Capital Partners GmbH now owns 1,070,000 shares of the bank’s stock worth $49,552,000 after acquiring an additional 60,000 shares during the period. Finally, Perbak Capital Partners LLP bought a new stake in UBS Group in the third quarter valued at $5,020,000.

UBS Group News Roundup

Here are the key news stories impacting UBS Group this week:

• Positive Sentiment: The SEC said it would not object to certain UBS security transactions tied to Switzerland’s bank-resolution framework, reducing a key regulatory overhang and supporting UBS’s crisis-planning flexibility. SEC Clears Path for UBS Crisis Resolution Plans
• Positive Sentiment: SWIFT launched a blockchain-ledger pilot with 17 major banks, including UBS, which could reinforce UBS’s role in next-generation cross-border payments and tokenized deposits. SWIFT launches blockchain ledger with 17-bank tokenized deposit pilot
• Positive Sentiment: UBS’s research on memory-chip pricing has been cited as bullish for the semiconductor cycle, highlighting UBS’s influence in shaping market expectations around a potentially improving tech supply chain. Memory Prices Are Set to Rise, Says UBS. Here Are the Stocks That Could Benefit
• Neutral Sentiment: UBS partnered with MSCI to strengthen private-markets analytics, a strategic move that could support future wealth-management and institutional offerings but is unlikely to move the stock immediately. MSCI Strengthens Private Markets Platform Through UBS Partnership
• Negative Sentiment: A Reuters/FT-style report said UBS advised clients to reduce exposure to Blue Owl’s private-credit fund, and that call was linked to an investor exodus after UBS flagged rising default risk in private credit. That creates some reputational noise around UBS’s view of the asset class. UBS helped trigger exodus from Blue Owl private credit fund

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on UBS. Citigroup reaffirmed a “neutral” rating on shares of UBS Group in a research note on Thursday, April 23rd. Morgan Stanley restated an “underweight” rating on shares of UBS Group in a research note on Thursday, July 2nd. Royal Bank Of Canada reissued an “outperform” rating on shares of UBS Group in a research report on Thursday, May 7th. Weiss Ratings lowered shares of UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Finally, Keefe, Bruyette & Woods cut shares of UBS Group from a “hold” rating to a “moderate sell” rating in a report on Friday, June 19th. Four analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $60.30.

UBS Group Stock Up 0.3%

Shares of NYSE:UBS traded up $0.17 on Friday, hitting $52.03. 1,253,913 shares of the company traded hands, compared to its average volume of 1,680,565. The stock has a 50 day simple moving average of $48.18 and a 200-day simple moving average of $44.79. 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 company has a market cap of $162.54 billion, a PE ratio of 18.65, a PEG ratio of 0.81 and a beta of 1.19. UBS Group AG has a 52 week low of $35.39 and a 52 week high of $52.28.

UBS Group (NYSE:UBS) last announced its quarterly earnings data on Wednesday, April 29th. The bank reported $0.94 EPS for the quarter, beating the consensus estimate of $0.85 by $0.09. The company had revenue of $13.64 billion for the quarter, compared to the consensus estimate of $13.16 billion. UBS Group had a net margin of 12.66% and a return on equity of 10.05%. As a group, research analysts expect that UBS Group AG will post 3.49 earnings per share for the current year.

UBS Group Company 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.