UBS Group AG $UBS Stake Raised by GC Wealth Management RIA LLC

GC Wealth Management RIA LLC raised its holdings in UBS Group AG (NYSE:UBS) by 162.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,946 shares of the bank’s stock after acquiring an additional 14,829 shares during the quarter. GC Wealth Management RIA LLC’s holdings in UBS Group were worth $933,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Keebeck Wealth Management raised its holdings in shares of UBS Group by 40.8% in the 1st quarter. Keebeck Wealth Management now owns 8,772 shares of the bank’s stock worth $343,000 after purchasing an additional 2,540 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in UBS Group by 7.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 18,850,928 shares of the bank’s stock valued at $728,340,000 after purchasing an additional 1,323,586 shares during the last quarter. Cloverfields Capital Group LP boosted its holdings in UBS Group by 0.5% during the first quarter. Cloverfields Capital Group LP now owns 72,127 shares of the bank’s stock worth $2,818,000 after buying an additional 373 shares in the last quarter. Liberty One Investment Management LLC boosted its holdings in UBS Group by 9.5% during the first quarter. Liberty One Investment Management LLC now owns 15,872 shares of the bank’s stock worth $620,000 after buying an additional 1,372 shares in the last quarter. Finally, Sei Investments Co. grew its position in UBS Group by 6.4% in the first quarter. Sei Investments Co. now owns 176,266 shares of the bank’s stock worth $6,887,000 after buying an additional 10,609 shares during the last quarter.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of UBS Group in a report on Thursday, May 7th. Barclays raised UBS Group from an “underweight” rating to an “equal weight” rating in a research note on Monday, April 20th. Weiss Ratings cut UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 4th. Citigroup reaffirmed a “neutral” rating on shares of UBS Group in a research report on Monday. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of UBS Group in a report on Thursday, July 2nd. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. 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 $51.69 on Friday. The firm’s 50 day simple moving average is $49.69 and its 200-day simple moving average is $45.20. The company has a market cap of $161.47 billion, a P/E ratio of 18.53, a price-to-earnings-growth ratio of 0.80 and a beta of 1.19. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.85 and a quick ratio of 1.19. UBS Group AG has a fifty-two week low of $35.94 and a fifty-two week high of $55.15.

UBS Group (NYSE:UBS) last released its quarterly earnings results on Wednesday, April 29th. The bank reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.09. The business had revenue of $13.64 billion for the quarter, compared to analyst estimates of $13.16 billion. UBS Group had a net margin of 12.66% and a return on equity of 10.05%. As a group, equities research analysts predict that UBS Group AG will post 3.51 EPS for the current year.

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.