LGT Fund Management Co Ltd. Grows Stock Holdings in UBS Group AG $UBS

LGT Fund Management Co Ltd. grew its holdings in shares of UBS Group AG (NYSE:UBS) by 41.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 415,512 shares of the bank’s stock after purchasing an additional 121,228 shares during the quarter. UBS Group makes up about 0.7% of LGT Fund Management Co Ltd.’s investment portfolio, making the stock its 28th biggest position. LGT Fund Management Co Ltd.’s holdings in UBS Group were worth $15,973,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Legacy Capital Group California Inc. boosted its stake in UBS Group by 0.6% in the 4th quarter. Legacy Capital Group California Inc. now owns 39,471 shares of the bank’s stock worth $1,828,000 after buying an additional 239 shares during the last quarter. U.S. Capital Wealth Advisors LLC boosted its position in shares of UBS Group by 1.3% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 19,905 shares of the bank’s stock worth $922,000 after acquiring an additional 260 shares during the last quarter. Perigon Wealth Management LLC increased its position in UBS Group by 3.9% during the fourth quarter. Perigon Wealth Management LLC now owns 7,551 shares of the bank’s stock worth $350,000 after purchasing an additional 284 shares during the last quarter. Allworth Financial LP increased its position in UBS Group by 4.2% during the third quarter. Allworth Financial LP now owns 7,115 shares of the bank’s stock worth $292,000 after purchasing an additional 288 shares during the last quarter. Finally, Anchyra Partners LLC raised its stake in UBS Group by 3.3% during the first quarter. Anchyra Partners LLC now owns 9,090 shares of the bank’s stock worth $355,000 after purchasing an additional 294 shares during the period.

Analysts Set New Price Targets

Several brokerages have recently issued reports on UBS. Keefe, Bruyette & Woods cut shares of UBS Group from a “hold” rating to a “moderate sell” rating in a research note on Friday, June 19th. Weiss Ratings downgraded UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Royal Bank Of Canada restated an “outperform” rating on shares of UBS Group in a report on Thursday, May 7th. Barclays raised UBS Group from an “underweight” rating to an “equal weight” rating in a research note on Monday, April 20th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of UBS Group in a research report on Monday, June 29th. Four equities research 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. Based on data from MarketBeat.com, the stock currently has a consensus 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 during mid-day trading on Friday, hitting $52.03. 1,253,913 shares of the company traded hands, compared to its average volume of 1,680,565. The firm’s 50 day simple moving average is $48.18 and its 200 day simple moving average is $44.79. The firm has a market cap of $162.54 billion, a P/E ratio of 18.65, a PEG ratio of 0.81 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 52-week low of $35.39 and a 52-week high of $52.28.

UBS Group (NYSE:UBS) last posted its quarterly earnings data 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 for the quarter, compared to analyst estimates 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 3.49 EPS for the current year.

Key UBS Group News

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

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.