Janus Henderson Group PLC cut its position in UBS Group AG (NYSE:UBS – Free Report) by 5.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,951,232 shares of the bank’s stock after selling 115,617 shares during the quarter. Janus Henderson Group PLC owned approximately 0.06% of UBS Group worth $59,694,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of UBS. Norges Bank acquired a new stake in UBS Group in the 4th quarter worth $5,594,066,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in UBS Group by 162.6% in the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 28,307,335 shares of the bank’s stock worth $858,359,000 after purchasing an additional 17,525,749 shares during the last quarter. FMR LLC grew its position in UBS Group by 29.4% in the 4th quarter. FMR LLC now owns 55,533,620 shares of the bank’s stock worth $1,695,087,000 after purchasing an additional 12,609,616 shares during the last quarter. Caisse Des Depots ET Consignations acquired a new stake in UBS Group in the 4th quarter worth $233,591,000. Finally, SIH Partners LLLP acquired a new stake in UBS Group in the 4th quarter worth $214,546,000.
Wall Street Analyst Weigh In
Several analysts have issued reports on UBS shares. StockNews.com lowered shares of UBS Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 22nd. Keefe, Bruyette & Woods upgraded shares of UBS Group from a “moderate sell” rating to a “hold” rating in a research report on Thursday, April 17th. Bank of America lowered shares of UBS Group from a “neutral” rating to an “underperform” rating in a research report on Thursday, March 27th. DZ Bank raised shares of UBS Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 6th. Finally, Morgan Stanley downgraded shares of UBS Group from an “overweight” rating to an “equal weight” rating in a report on Thursday, February 20th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.
UBS Group Price Performance
NYSE:UBS opened at $32.52 on Wednesday. The company has a 50-day moving average of $30.39 and a 200-day moving average of $31.83. The company has a market capitalization of $104.27 billion, a price-to-earnings ratio of 21.39 and a beta of 1.15. UBS Group AG has a 52 week low of $25.75 and a 52 week high of $35.84. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.05 and a current ratio of 1.06.
UBS Group (NYSE:UBS – Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The bank reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.09. UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The company had revenue of $11.90 billion during the quarter, compared to the consensus estimate of $10.19 billion. As a group, equities research analysts anticipate that UBS Group AG will post 1.9 earnings per share for the current fiscal year.
UBS Group Company Profile
UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through five divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, Investment Bank, and Non-core and Legacy. The company offers investment advice, estate and wealth planning, investing, corporate and banking, and investment management, as well as mortgage, securities-based, and structured lending solutions.
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