Helios Capital Management PTE. Ltd. grew its position in UBS Group AG (NYSE:UBS – Free Report) by 14.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 112,000 shares of the bank’s stock after acquiring an additional 13,776 shares during the period. UBS Group comprises approximately 2.0% of Helios Capital Management PTE. Ltd.’s investment portfolio, making the stock its 17th biggest position. Helios Capital Management PTE. Ltd.’s holdings in UBS Group were worth $3,423,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of UBS Group by 6.1% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 57,349,524 shares of the bank’s stock worth $1,771,713,000 after purchasing an additional 3,289,387 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of UBS Group by 20.2% during the third quarter. Wellington Management Group LLP now owns 13,708,623 shares of the bank’s stock worth $423,504,000 after purchasing an additional 2,307,033 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of UBS Group during the third quarter worth about $69,440,000. Pzena Investment Management LLC increased its stake in shares of UBS Group by 2.8% during the third quarter. Pzena Investment Management LLC now owns 30,802,466 shares of the bank’s stock worth $952,104,000 after purchasing an additional 851,231 shares in the last quarter. Finally, Fisher Asset Management LLC purchased a new stake in UBS Group during the 3rd quarter valued at about $23,884,000.
UBS Group Stock Performance
UBS Group stock opened at $32.43 on Wednesday. The firm has a 50 day simple moving average of $32.42 and a 200-day simple moving average of $31.35. UBS Group AG has a 1-year low of $26.00 and a 1-year high of $35.84. The company has a debt-to-equity ratio of 3.87, a current ratio of 1.05 and a quick ratio of 1.05. The stock has a market cap of $103.99 billion, a price-to-earnings ratio of 27.03 and a beta of 1.16.
Analysts Set New Price Targets
Several analysts recently issued reports on UBS shares. BNP Paribas raised shares of UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. StockNews.com cut shares of UBS Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. Finally, Kepler Capital Markets raised shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, January 10th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, UBS Group has a consensus rating of “Moderate Buy”.
Read Our Latest Stock Analysis on UBS
UBS Group Profile
UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through five divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, Investment Bank, and Non-core and Legacy. The company offers investment advice, estate and wealth planning, investing, corporate and banking, and investment management, as well as mortgage, securities-based, and structured lending solutions.
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