UBS Group AG $UBS Shares Purchased by Fiera Capital Corp

Fiera Capital Corp lifted its position in UBS Group AG (NYSE:UBS) by 24.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 315,288 shares of the bank’s stock after acquiring an additional 62,403 shares during the quarter. Fiera Capital Corp’s holdings in UBS Group were worth $12,927,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank bought a new position in UBS Group during the second quarter worth $4,878,061,000. Vanguard Group Inc. raised its holdings in shares of UBS Group by 1.5% during the third quarter. Vanguard Group Inc. now owns 137,347,438 shares of the bank’s stock worth $5,646,903,000 after purchasing an additional 1,990,426 shares during the period. Massachusetts Financial Services Co. MA lifted its position in shares of UBS Group by 21.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 77,353,590 shares of the bank’s stock worth $3,171,497,000 after buying an additional 13,417,945 shares during the last quarter. Fisher Asset Management LLC lifted its position in shares of UBS Group by 16.9% in the 2nd quarter. Fisher Asset Management LLC now owns 58,424,089 shares of the bank’s stock worth $1,975,903,000 after buying an additional 8,448,219 shares during the last quarter. Finally, Cevian Capital II GP LTD boosted its holdings in shares of UBS Group by 9.9% in the 2nd quarter. Cevian Capital II GP LTD now owns 48,117,675 shares of the bank’s stock valued at $1,627,340,000 after buying an additional 4,330,274 shares during the period.

Analysts Set New Price Targets

UBS has been the topic of several research reports. Wall Street Zen upgraded shares of UBS Group from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. Citigroup reaffirmed a “neutral” rating on shares of UBS Group in a report on Thursday, January 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of UBS Group in a report on Wednesday, January 21st. The Goldman Sachs Group restated a “neutral” rating on shares of UBS Group in a research report on Friday, February 6th. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of UBS Group in a research report on Monday, November 24th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, UBS Group has an average rating of “Moderate Buy” and an average target price of $60.30.

UBS Group Stock Performance

Shares of UBS stock opened at $42.55 on Friday. UBS Group AG has a 12-month low of $25.75 and a 12-month high of $49.36. The company has a debt-to-equity ratio of 3.63, a current ratio of 1.02 and a quick ratio of 1.03. The firm has a market capitalization of $132.92 billion, a price-to-earnings ratio of 18.03, a price-to-earnings-growth ratio of 0.41 and a beta of 1.12. The business has a 50 day simple moving average of $45.99 and a 200 day simple moving average of $41.84.

UBS Group (NYSE:UBS) last announced its quarterly earnings results on Wednesday, February 4th. The bank reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.12. UBS Group had a return on equity of 8.68% and a net margin of 10.88%.The company had revenue of $12.20 billion during the quarter, compared to analyst estimates of $9.88 billion. During the same quarter in the previous year, the firm posted $0.23 EPS. The firm’s quarterly revenue was up 10.3% on a year-over-year basis. On average, equities research analysts anticipate that UBS Group AG will post 1.9 EPS for the current year.

UBS Group Announces Dividend

The business also recently disclosed a special dividend, which will be paid on Thursday, April 23rd. Investors of record on Wednesday, April 22nd will be issued a $0.55 dividend. The ex-dividend date of this dividend is Wednesday, April 22nd.

UBS Group Company 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.