J. Safra Sarasin Holding AG Has $52.28 Million Position in UBS Group AG $UBS

J. Safra Sarasin Holding AG lessened its position in shares of UBS Group AG (NYSE:UBS) by 34.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,120,619 shares of the bank’s stock after selling 593,915 shares during the period. J. Safra Sarasin Holding AG’s holdings in UBS Group were worth $52,284,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Flagship Wealth Advisors LLC bought a new stake in UBS Group during the third quarter worth $29,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of UBS Group in the 2nd quarter valued at $33,000. Larson Financial Group LLC increased its stake in shares of UBS Group by 118.4% in the 3rd quarter. Larson Financial Group LLC now owns 821 shares of the bank’s stock valued at $34,000 after purchasing an additional 445 shares during the last quarter. Private Trust Co. NA raised its holdings in shares of UBS Group by 75.2% during the 3rd quarter. Private Trust Co. NA now owns 853 shares of the bank’s stock worth $35,000 after buying an additional 366 shares in the last quarter. Finally, JPL Wealth Management LLC acquired a new position in shares of UBS Group during the 3rd quarter worth $37,000.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Bank of America raised UBS Group from a “neutral” rating to a “buy” rating and raised their price objective for the company from $44.00 to $60.30 in a research note on Tuesday, December 16th. Citigroup reissued a “neutral” rating on shares of UBS Group in a research note on Thursday, January 22nd. Zacks Research cut shares of UBS Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 15th. Weiss Ratings restated a “buy (b)” rating on shares of UBS Group in a research note on Wednesday, January 21st. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating on shares of UBS Group in a report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $60.30.

UBS Group Price Performance

Shares of UBS opened at $36.67 on Tuesday. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 3.63. The stock has a market cap of $114.54 billion, a PE ratio of 15.54, a PEG ratio of 0.69 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. The business has a 50-day simple moving average of $41.82 and a two-hundred day simple moving average of $41.66.

UBS Group (NYSE:UBS) last announced its quarterly earnings results on Wednesday, February 4th. The bank reported $0.37 EPS for the quarter, beating analysts’ consensus estimates 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 period last year, the firm posted $0.23 earnings per share. The business’s revenue for the quarter was up 10.3% on a year-over-year basis. Analysts anticipate that UBS Group AG will post 1.9 earnings per share for the current fiscal year.

UBS Group Announces Dividend

The firm also recently announced a special dividend, which will be paid on Thursday, April 23rd. Investors of record on Wednesday, April 22nd will be given a dividend of $0.55 per share. 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.