UBS Group AG $UBS Shares Bought by Helios Capital Management PTE. Ltd.

Helios Capital Management PTE. Ltd. lifted its position in UBS Group AG (NYSE:UBS) by 21.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 136,000 shares of the bank’s stock after purchasing an additional 24,000 shares during the quarter. UBS Group comprises about 3.5% of Helios Capital Management PTE. Ltd.’s holdings, making the stock its 13th biggest holding. Helios Capital Management PTE. Ltd.’s holdings in UBS Group were worth $4,604,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of UBS. Goldman Sachs Group Inc. grew its holdings in shares of UBS Group by 88.5% in the first quarter. Goldman Sachs Group Inc. now owns 37,654,399 shares of the bank’s stock valued at $1,153,354,000 after purchasing an additional 17,676,829 shares during the period. Nuveen LLC purchased a new stake in shares of UBS Group in the first quarter valued at about $348,161,000. Banque Cantonale Vaudoise purchased a new stake in shares of UBS Group in the first quarter valued at about $206,885,000. Deutsche Bank AG grew its holdings in shares of UBS Group by 16.1% in the first quarter. Deutsche Bank AG now owns 31,350,911 shares of the bank’s stock valued at $960,278,000 after purchasing an additional 4,337,005 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of UBS Group by 8.2% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 55,586,232 shares of the bank’s stock valued at $1,688,163,000 after purchasing an additional 4,207,140 shares during the period.

UBS Group Stock Up 1.3%

Shares of NYSE:UBS opened at $38.35 on Thursday. The company has a debt-to-equity ratio of 3.77, a current ratio of 1.05 and a quick ratio of 1.05. The firm has a market capitalization of $122.97 billion, a PE ratio of 17.27, a price-to-earnings-growth ratio of 0.66 and a beta of 1.18. The firm’s 50-day moving average is $40.00 and its two-hundred day moving average is $36.32. UBS Group AG has a 1 year low of $25.75 and a 1 year high of $42.56.

UBS Group (NYSE:UBS) last issued its quarterly earnings results on Wednesday, October 29th. The bank reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.28. The company had revenue of $12.20 billion for the quarter, compared to analyst estimates of $9.68 billion. UBS Group had a net margin of 11.02% and a return on equity of 8.37%. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.43 earnings per share. Analysts predict that UBS Group AG will post 1.9 EPS for the current year.

Analyst Ratings Changes

Several brokerages recently issued reports on UBS. Citigroup restated a “neutral” rating on shares of UBS Group in a report on Monday. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of UBS Group in a report on Thursday, August 14th. Zacks Research upgraded shares of UBS Group to a “strong-buy” rating in a report on Friday, August 8th. Morgan Stanley restated an “underweight” rating on shares of UBS Group in a report on Monday, October 6th. Finally, Bank of America upgraded shares of UBS Group from an “underperform” rating to a “neutral” rating in a report on Tuesday, July 22nd. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

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.