97,472 Shares in UBS Group AG $UBS Purchased by Calamos Wealth Management LLC

Calamos Wealth Management LLC bought a new stake in shares of UBS Group AG (NYSE:UBS) during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 97,472 shares of the bank’s stock, valued at approximately $4,691,000.

Several other hedge funds also recently bought and sold shares of UBS. Assenagon Asset Management S.A. lifted its position in shares of UBS Group by 43.4% in the third quarter. Assenagon Asset Management S.A. now owns 23,716,879 shares of the bank’s stock valued at $1,144,417,000 after acquiring an additional 7,180,461 shares in the last quarter. Amundi raised its stake in UBS Group by 16.9% in the 1st quarter. Amundi now owns 23,294,847 shares of the bank’s stock valued at $910,130,000 after purchasing an additional 3,374,516 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in UBS Group by 7.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 18,850,928 shares of the bank’s stock valued at $728,340,000 after purchasing an additional 1,323,586 shares in the last quarter. Ninety One UK Ltd grew its holdings in shares of UBS Group by 4.7% during the third quarter. Ninety One UK Ltd now owns 7,469,509 shares of the bank’s stock worth $360,437,000 after buying an additional 336,264 shares in the last quarter. Finally, WCM Investment Management LLC grew its holdings in shares of UBS Group by 12.3% during the first quarter. WCM Investment Management LLC now owns 5,850,200 shares of the bank’s stock worth $214,527,000 after buying an additional 639,111 shares in the last quarter.

Analyst Ratings Changes

Several research analysts have weighed in on UBS shares. Morgan Stanley reiterated an “underweight” rating on shares of UBS Group in a report on Wednesday, September 2nd. DZ Bank reaffirmed a “buy” rating on shares of UBS Group in a research report on Thursday, July 30th. Bank of America reiterated a “buy” rating on shares of UBS Group in a research note on Tuesday, September 1st. Wall Street Zen downgraded UBS Group from a “buy” rating to a “hold” rating in a research report on Sunday, July 26th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of UBS Group in a research note on Thursday, October 29th. Six equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $60.30.

UBS Group Price Performance

UBS stock traded down $0.96 on Friday, hitting $47.81. 2,770,398 shares of the company were exchanged, compared to its average volume of 1,834,790. The stock has a market capitalization of $149.35 billion, a price-to-earnings ratio of 15.78, a price-to-earnings-growth ratio of 0.72 and a beta of 1.19. UBS Group AG has a twelve month low of $36.29 and a twelve month high of $55.99. The business’s fifty day moving average is $49.70 and its two-hundred day moving average is $47.15.

UBS Group (NYSE:UBS) last announced its quarterly earnings data on Wednesday, October 28th. The bank reported $0.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.06). The company had revenue of $13.39 billion for the quarter, compared to analysts’ expectations of $13.07 billion. UBS Group had a net margin of 13.36% and a return on equity of 10.77%. The firm’s quarterly revenue was up 9.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.76 earnings per share. Equities research analysts expect that UBS Group AG will post 3.65 earnings per share for the current year.

Key Stories Impacting UBS Group

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

• Positive Sentiment: LBP AM SA reported a new UBS position valued at about $376 million in its September 30 holdings. Across recent filings, more institutions added shares than reduced positions, although the data reflects different reporting periods and is not a clear consensus signal. Fund Update: New $376.0M UBS stock position opened by LBP AM SA
• Positive Sentiment: UBS is reducing consultant spending as its Credit Suisse integration approaches completion, with reports citing more than $800 million in lower external-adviser costs. The cuts could improve efficiency, though the integration also includes substantial job reductions. UBS slashes spending on consultants as Credit Suisse project winds down
• Neutral Sentiment: UBS reportedly cut about 200 London jobs as the Credit Suisse integration nears its end. The move may contribute to cost savings, but also highlights ongoing restructuring. UBS cuts about 200 London jobs as Credit Suisse fusion ends
• Negative Sentiment: A report says market speculation has revived that UBS could exit or sell its UBS Americas unit amid its dispute with Swiss regulators. This remains unconfirmed, but uncertainty around the bank’s U.S. operations could weigh on sentiment. The latest twist in the saga between UBS and Swiss regulators involves bank’s New York business

About UBS Group

UBS Group AG is a Swiss financial services company providing wealth management, banking, asset management and investment banking services to individuals, businesses, institutions and governments. It has a strong presence in Switzerland and serves clients in markets around the world.

The company’s businesses include Global Wealth Management, Swiss Personal & Corporate Banking, Asset Management and the Investment Bank. Its services include financial planning and investment advice, lending and deposit products, portfolio and fund management, and capital markets and advisory services.

UBS traces its roots to Swiss banking institutions established in the 19th century and took its current form through the 1998 merger of Union Bank of Switzerland and Swiss Bank Corporation.