UBS Group AG $UBS Stake Cut by Channing Global Advisors LLC

Channing Global Advisors LLC lowered its stake in UBS Group AG (NYSE:UBS) by 9.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 673,409 shares of the bank’s stock after selling 68,452 shares during the quarter. UBS Group makes up 19.0% of Channing Global Advisors LLC’s investment portfolio, making the stock its largest position. Channing Global Advisors LLC’s holdings in UBS Group were worth $27,518,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Permanent Capital Management LP bought a new position in shares of UBS Group in the third quarter worth $2,842,000. Massachusetts Financial Services Co. MA grew its position in UBS Group by 21.0% during the third 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 in the last quarter. ASR Vermogensbeheer N.V. increased its stake in UBS Group by 5.7% in the 3rd quarter. ASR Vermogensbeheer N.V. now owns 839,193 shares of the bank’s stock worth $34,291,000 after acquiring an additional 45,095 shares during the last quarter. Thrivent Financial for Lutherans raised its holdings in shares of UBS Group by 6,413.6% in the 2nd quarter. Thrivent Financial for Lutherans now owns 1,061,842 shares of the bank’s stock valued at $35,813,000 after acquiring an additional 1,045,540 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. bought a new stake in shares of UBS Group during the 2nd quarter valued at about $898,000.

UBS Group Price Performance

UBS stock opened at $48.13 on Friday. The firm has a market cap of $150.34 billion, a P/E ratio of 21.68, a P/E/G ratio of 0.45 and a beta of 1.12. The firm’s fifty day moving average is $44.57 and its 200 day moving average is $41.07. UBS Group AG has a 52 week low of $25.75 and a 52 week high of $49.36. The company has a debt-to-equity ratio of 3.69, a quick ratio of 1.03 and a current ratio of 1.03.

UBS Group (NYSE:UBS) last posted its quarterly earnings results on Wednesday, October 29th. The bank reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.28. UBS Group had a net margin of 11.02% and a return on equity of 8.31%. The business had revenue of $12.76 billion during the quarter, compared to the consensus estimate of $9.68 billion. During the same period in the previous year, the firm posted $0.43 earnings per share. The firm’s revenue for the quarter was up 4.3% on a year-over-year basis. Research analysts predict that UBS Group AG will post 1.9 earnings per share for the current year.

UBS Group News Roundup

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

• Positive Sentiment: UBS filed an update to a Swiss legal opinion supporting a U.S. debt and warrant program, which reduces legal/structural uncertainty around the issuance and may ease funding or product execution concerns. UBS AG Updates Swiss Legal Opinion Backing U.S. Debt and Warrant Program
• Neutral Sentiment: UBS posted regulatory “participation notifications” (Brussels filing) — routine disclosure that can reflect share flows or block trades; investors watch these for changes to float or insider/institutional activity but the release itself is procedural. Participation notifications by UBS Group AG
• Neutral Sentiment: UBS is scheduled to report quarterly earnings this week — the timing concentrates attention on revenue from markets, wealth management and capital markets, so positioning ahead of results can push the stock. UBS Group (UBS) to Release Earnings on Wednesday
• Neutral Sentiment: UBS research flagged a major U.S. winter storm will cause “billions” in insured losses — a note that matters to macro and insurance-sector trading flows (and to trading revenues for banks active in derivatives and reinsurance-linked products). Winter storm to cause billions of dollars in insured losses, UBS estimates
• Neutral Sentiment: A senior UBS trader warned that large client dollar-hedging flows could test banks’ capacity to meet demand — highlights potential operational/liquidity stress in FX markets but also implies fee opportunity for large dealers like UBS. Big hedging of dollars for clients could test banks’ capacity, senior UBS trader says

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on UBS. BNP Paribas Exane cut shares of UBS Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 4th. Citigroup reissued a “neutral” rating on shares of UBS Group in a report on Thursday, January 22nd. Wall Street Zen upgraded shares of UBS Group from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Weiss Ratings reiterated a “buy (b)” rating on shares of UBS Group in a research report on Wednesday, January 21st. Finally, Zacks Research cut UBS Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $60.30.

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.