Public Employees Retirement System of Ohio Invests $119.06 Million in UBS Group AG $UBS

Public Employees Retirement System of Ohio bought a new position in UBS Group AG (NYSE:UBS) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,398,700 shares of the bank’s stock, valued at approximately $119,055,000. Public Employees Retirement System of Ohio owned about 0.08% of UBS Group at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in UBS. First Bancorp Inc ME acquired a new stake in UBS Group in the 2nd quarter valued at approximately $32,000. Ancora Advisors LLC bought a new stake in shares of UBS Group during the second quarter valued at about $50,000. Great Lakes Advisors LLC acquired a new stake in UBS Group in the second quarter worth about $18,660,000. Plato Investment Management Ltd bought a new position in UBS Group in the 2nd quarter valued at about $4,915,000. Finally, Fiduciary Financial Group LLC acquired a new position in UBS Group during the 2nd quarter valued at about $211,000.

Key UBS Group News

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

• Positive Sentiment: UBS appears to be helping move Switzerland’s capital debate toward a potentially less costly compromise. A softer outcome than the government’s initial proposals could reduce pressure on UBS’s excess capital, profitability and buyback capacity. UBS Is Nudging Swiss Capital Debate Toward a Cheaper Compromise
• Positive Sentiment: Recent UBS research upgrades on Celestica, SolarEdge and Argenx, along with a higher price target for Dell, highlight continued activity in the bank’s equity-research and advisory franchise. These headlines may support UBS’s market profile and fee-generating businesses, although they are not major direct earnings catalysts. The Market and UBS Saw Celestica’s $3 Billion Raise Very Differently
• Neutral Sentiment: UBS reported falling below substantial-holding disclosure thresholds in ASX Limited and Azelis. These appear to be routine portfolio or ownership changes and are unlikely to materially alter UBS’s investment case. UBS Drops Below Substantial Holding Threshold in ASX Limited
• Negative Sentiment: The Swiss National Bank reiterated support for tougher capital rules for UBS. Higher required capital could constrain shareholder returns, increase the bank’s funding burden and reduce return on equity. This is the most significant near-term risk in the latest headlines, despite ongoing discussion of a compromise. Swiss National Bank’s Martin Backs Tougher Capital Rules for UBS

Analyst Ratings Changes

UBS has been the subject of a number of research analyst reports. Morgan Stanley reaffirmed an “underweight” rating on shares of UBS Group in a research note on Thursday, July 30th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of UBS Group in a research note on Wednesday, August 5th. Citigroup reissued a “neutral” rating on shares of UBS Group in a research note on Monday, July 20th. Keefe, Bruyette & Woods cut UBS Group from a “hold” rating to a “moderate sell” rating in a research note on Friday, June 19th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of UBS Group in a research report on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $60.30.

UBS Group Stock Down 0.2%

UBS stock opened at $54.41 on Friday. UBS Group AG has a 52-week low of $36.29 and a 52-week high of $55.15. The company’s 50 day simple moving average is $52.36 and its 200-day simple moving average is $46.23. The company has a debt-to-equity ratio of 3.84, a current ratio of 1.02 and a quick ratio of 1.19. The firm has a market capitalization of $169.98 billion, a P/E ratio of 18.51, a P/E/G ratio of 0.82 and a beta of 1.18.

UBS Group (NYSE:UBS) last announced its quarterly earnings data on Wednesday, July 29th. The bank reported $0.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.03). UBS Group had a return on equity of 10.50% and a net margin of 13.10%.The business had revenue of $13.35 billion during the quarter, compared to analysts’ expectations of $13.40 billion. During the same period in the prior year, the company posted $0.72 earnings per share. The firm’s revenue was up 13.2% on a year-over-year basis. As a group, equities research analysts anticipate that UBS Group AG will post 3.6 EPS for the current year.

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.