104,982,026 Shares in UBS Group AG $UBS Bought by Norges Bank

Norges Bank purchased a new position in UBS Group AG (NYSE:UBS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 104,982,026 shares of the bank’s stock, valued at approximately $4,889,413,000. UBS Group accounts for 0.5% of Norges Bank’s investment portfolio, making the stock its 25th largest position.

A number of other hedge funds also recently modified their holdings of UBS. Navalign LLC bought a new position in shares of UBS Group in the fourth quarter worth $32,000. Larson Financial Group LLC increased its position in shares of UBS Group by 118.4% in the third quarter. Larson Financial Group LLC now owns 821 shares of the bank’s stock worth $34,000 after purchasing an additional 445 shares during the period. JPL Wealth Management LLC bought a new position in shares of UBS Group in the third quarter worth $37,000. Cornerstone Planning Group LLC increased its position in shares of UBS Group by 1,013.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 969 shares of the bank’s stock worth $46,000 after purchasing an additional 882 shares during the period. Finally, Geneos Wealth Management Inc. grew its position in UBS Group by 62.0% in the first quarter. Geneos Wealth Management Inc. now owns 1,497 shares of the bank’s stock valued at $46,000 after acquiring an additional 573 shares during the last quarter.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Royal Bank Of Canada reiterated an “outperform” rating on shares of UBS Group in a research report on Thursday, May 7th. The Goldman Sachs Group reiterated a “neutral” rating on shares of UBS Group in a research report on Friday, February 6th. Morgan Stanley reiterated an “underweight” rating on shares of UBS Group in a research report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of UBS Group in a research report on Wednesday, May 13th. Finally, Weiss Ratings cut UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Five equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $60.30.

UBS Group Stock Performance

UBS Group stock opened at $47.10 on Friday. UBS Group AG has a 12-month low of $30.36 and a 12-month high of $49.36. The company has a quick ratio of 1.19, a current ratio of 0.85 and a debt-to-equity ratio of 1.23. The business’s 50-day moving average price is $42.66 and its two-hundred day moving average price is $42.79. The stock has a market cap of $147.14 billion, a PE ratio of 16.88, a P/E/G ratio of 0.81 and a beta of 1.19.

UBS Group (NYSE:UBS) last released its quarterly earnings results on Wednesday, April 29th. The bank reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.09. The company had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $13.16 billion. UBS Group had a return on equity of 10.05% and a net margin of 12.66%. As a group, analysts expect that UBS Group AG will post 3.25 earnings per share for the current fiscal year.

Key UBS Group News

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

• Positive Sentiment: UBS continues to attract attention after its latest earnings report, with the stock already up since then and investors now watching to see if the recent momentum can continue. Strong prior quarter results may be helping support sentiment. UBS (UBS) Up 6.7% Since Last Earnings Report: Can It Continue?
• Positive Sentiment: UBS announced leadership appointments in its Southeast U.S. wealth management region, a move that could help expand its presence in fast-growing wealth centers and support longer-term asset gathering. UBS Announces Leadership Appointments in the Southeast US Region
• Positive Sentiment: UBS remains active in central bank and tokenized-payments work through the BIS Project Agorá testing, which may reinforce its position in digital finance and transaction infrastructure. BIS Tests Tokenized Bank Payments With Visa, JPMorgan, UBS and Deutsche Bank
• Neutral Sentiment: UBS-related commentary on family office clients reducing U.S. exposure may reflect portfolio reallocation trends, but it is not clearly a direct operating negative for the bank. UBS Family Office Clients Cut US Exposure in Wealth Revamp
• Neutral Sentiment: UBS also had multiple stock-rating notes on other companies it covers, but those research updates do not appear to materially change UBS Group’s own fundamentals today. Michael Lasser Reiterates Buy on Dick’s Sporting Goods
• Negative Sentiment: News that UBS family office clients are quietly pulling money out of the U.S. could raise concerns about asset flows and near-term wealth management demand. UBS family office clients are quietly pulling money out of the US

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.