Fiera Capital Corp Has $26.52 Million Stock Holdings in UBS Group AG $UBS

Fiera Capital Corp raised its holdings in UBS Group AG (NYSE:UBS) by 81.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 572,561 shares of the bank’s stock after acquiring an additional 257,273 shares during the quarter. Fiera Capital Corp’s holdings in UBS Group were worth $26,515,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in UBS Group by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 139,105,725 shares of the bank’s stock valued at $6,423,207,000 after acquiring an additional 1,758,287 shares during the last quarter. Norges Bank acquired a new stake in UBS Group in the fourth quarter valued at approximately $4,889,413,000. Fisher Asset Management LLC lifted its stake in UBS Group by 4.8% in the fourth quarter. Fisher Asset Management LLC now owns 64,107,264 shares of the bank’s stock valued at $2,968,807,000 after acquiring an additional 2,938,827 shares during the last quarter. Wellington Management Group LLP lifted its stake in UBS Group by 254.9% in the third quarter. Wellington Management Group LLP now owns 63,671,310 shares of the bank’s stock valued at $2,601,589,000 after acquiring an additional 45,731,061 shares during the last quarter. Finally, Capital World Investors lifted its stake in UBS Group by 1.0% in the third quarter. Capital World Investors now owns 37,343,504 shares of the bank’s stock valued at $1,525,163,000 after acquiring an additional 386,264 shares during the last quarter.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of UBS Group in a research note on Wednesday, May 13th. Barclays upgraded shares of UBS Group from an “underweight” rating to an “equal weight” rating in a research note on Monday, April 20th. Morgan Stanley reiterated an “underweight” rating on shares of UBS Group in a research note on Thursday, April 23rd. Weiss Ratings cut shares of UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of UBS Group in a research note on Thursday, May 7th. Four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $60.30.

UBS Group Price Performance

NYSE:UBS opened at $47.31 on Tuesday. The stock has a market cap of $147.80 billion, a P/E ratio of 16.96, a PEG ratio of 0.81 and a beta of 1.19. UBS Group AG has a one year low of $30.36 and a one year high of $49.36. The company has a fifty day moving average price of $43.89 and a 200 day moving average price of $43.19. 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 (NYSE:UBS) last released its earnings results on Wednesday, April 29th. The bank reported $0.94 EPS for the quarter, beating the consensus estimate of $0.85 by $0.09. The firm had revenue of $13.64 billion during the quarter, compared to analysts’ expectations of $13.16 billion. UBS Group had a net margin of 12.66% and a return on equity of 10.05%. Analysts anticipate that UBS Group AG will post 3.25 earnings per share for the current year.

About UBS Group

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.