Mitchell & Pahl Private Wealth LLC Has $1.68 Million Stock Holdings in UBS Group AG (NYSE:UBS)

Mitchell & Pahl Private Wealth LLC lifted its holdings in shares of UBS Group AG (NYSE:UBS) by 4.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 55,397 shares of the bank’s stock after purchasing an additional 2,177 shares during the quarter. Mitchell & Pahl Private Wealth LLC’s holdings in UBS Group were worth $1,680,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of UBS. Legal & General Group Plc boosted its holdings in UBS Group by 11,313.2% in the second quarter. Legal & General Group Plc now owns 41,389,783 shares of the bank’s stock worth $1,218,317,000 after purchasing an additional 41,027,134 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of UBS Group by 6.1% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 57,349,524 shares of the bank’s stock worth $1,771,713,000 after buying an additional 3,289,387 shares during the last quarter. Susquehanna International Securities Ltd. boosted its stake in shares of UBS Group by 162.3% during the 2nd quarter. Susquehanna International Securities Ltd. now owns 5,016,425 shares of the bank’s stock worth $148,185,000 after acquiring an additional 3,103,747 shares in the last quarter. Wellington Management Group LLP increased its holdings in shares of UBS Group by 20.2% during the 3rd quarter. Wellington Management Group LLP now owns 13,708,623 shares of the bank’s stock valued at $423,504,000 after acquiring an additional 2,307,033 shares during the last quarter. Finally, Public Employees Retirement System of Ohio bought a new position in shares of UBS Group in the 3rd quarter valued at approximately $69,440,000.

UBS Group Price Performance

Shares of NYSE:UBS opened at $34.05 on Tuesday. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 3.87. The business has a 50 day moving average price of $31.69 and a 200 day moving average price of $31.01. The company has a market cap of $109.17 billion, a price-to-earnings ratio of 28.37 and a beta of 1.15. UBS Group AG has a twelve month low of $26.00 and a twelve month high of $34.11.

UBS Group (NYSE:UBS) last posted its quarterly earnings data on Wednesday, October 30th. The bank reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.15. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. The company had revenue of $19.31 billion during the quarter, compared to analysts’ expectations of $11.20 billion. During the same period in the prior year, the business earned ($0.24) earnings per share. Research analysts predict that UBS Group AG will post 1.53 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. StockNews.com raised UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. BNP Paribas upgraded shares of UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Finally, Kepler Capital Markets upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, January 10th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

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.