Perbak Capital Partners LLP Invests $5.02 Million in UBS Group AG $UBS

Perbak Capital Partners LLP acquired a new stake in UBS Group AG (NYSE:UBS) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 122,966 shares of the bank’s stock, valued at approximately $5,020,000. UBS Group accounts for about 0.9% of Perbak Capital Partners LLP’s holdings, making the stock its 12th largest position.

A number of other large investors also recently bought and sold shares of the stock. Flagship Wealth Advisors LLC acquired a new stake in shares of UBS Group during the third quarter valued at about $29,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of UBS Group in the 2nd quarter valued at approximately $33,000. Private Trust Co. NA lifted its holdings in shares of UBS Group by 75.2% in the 3rd quarter. Private Trust Co. NA now owns 853 shares of the bank’s stock worth $35,000 after acquiring an additional 366 shares during the last quarter. Salomon & Ludwin LLC lifted its holdings in shares of UBS Group by 2,566.7% in the 3rd quarter. Salomon & Ludwin LLC now owns 1,120 shares of the bank’s stock worth $46,000 after acquiring an additional 1,078 shares during the last quarter. Finally, Mather Group LLC. purchased a new position in shares of UBS Group during the 3rd quarter worth approximately $46,000.

Analyst Upgrades and Downgrades

UBS has been the subject of several research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of UBS Group in a report on Wednesday, January 21st. Bank of America upgraded UBS Group from a “neutral” rating to a “buy” rating and raised their price target for the stock from $44.00 to $60.30 in a research report on Tuesday, December 16th. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of UBS Group in a research note on Friday, February 6th. Morgan Stanley reiterated an “underweight” rating on shares of UBS Group in a report on Monday, November 24th. Finally, Zacks Research lowered UBS Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, UBS Group currently has a consensus rating of “Moderate Buy” and an average price target of $60.30.

UBS Group Price Performance

UBS Group stock opened at $36.91 on Friday. The company has a current ratio of 1.19, a quick ratio of 1.03 and a debt-to-equity ratio of 3.63. The company has a fifty day simple moving average of $44.07 and a 200-day simple moving average of $41.88. The stock has a market cap of $115.32 billion, a P/E ratio of 15.64, a price-to-earnings-growth ratio of 0.36 and a beta of 1.14. UBS Group AG has a 12-month low of $25.75 and a 12-month high of $49.36.

UBS Group (NYSE:UBS) last posted its earnings results on Wednesday, February 4th. The bank reported $0.37 EPS for the quarter, beating the consensus estimate of $0.25 by $0.12. UBS Group had a return on equity of 8.68% and a net margin of 10.88%.The firm had revenue of $12.20 billion for the quarter, compared to analyst estimates of $9.88 billion. During the same quarter in the prior year, the company posted $0.23 earnings per share. UBS Group’s revenue for the quarter was up 10.3% compared to the same quarter last year. Equities analysts expect that UBS Group AG will post 1.9 EPS for the current fiscal year.

UBS Group Dividend Announcement

The firm also recently disclosed a special dividend, which will be paid on Thursday, April 23rd. Stockholders of record on Wednesday, April 22nd will be issued a $0.55 dividend. The ex-dividend date is Wednesday, April 22nd.

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.