University of Texas Texas AM Investment Management Co. Buys Shares of 19,656 UBS Group AG $UBS

University of Texas Texas AM Investment Management Co. purchased a new position in shares of UBS Group AG (NYSE:UBS) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 19,656 shares of the bank’s stock, valued at approximately $910,000.

Several other large investors also recently modified their holdings of the company. Navalign LLC bought a new position in UBS Group during the fourth quarter worth $32,000. Larson Financial Group LLC lifted its holdings in UBS Group by 118.4% in the third quarter. Larson Financial Group LLC now owns 821 shares of the bank’s stock valued at $34,000 after buying an additional 445 shares during the period. JPL Wealth Management LLC bought a new stake in UBS Group during the third quarter valued at $37,000. Empowered Funds LLC bought a new stake in UBS Group during the fourth quarter valued at $41,000. Finally, Cornerstone Planning Group LLC grew its holdings in UBS Group by 1,013.8% during the 4th quarter. Cornerstone Planning Group LLC now owns 969 shares of the bank’s stock worth $46,000 after acquiring an additional 882 shares during the period.

UBS Group Stock Performance

NYSE UBS opened at $49.56 on Tuesday. The company has a market cap of $154.83 billion, a P/E ratio of 17.76, a PEG ratio of 0.84 and a beta of 1.19. The company has a fifty day simple moving average of $44.89 and a 200 day simple moving average of $43.58. The company has a current ratio of 0.85, a quick ratio of 1.19 and a debt-to-equity ratio of 1.23. UBS Group AG has a 12-month low of $30.36 and a 12-month high of $50.05.

UBS Group (NYSE:UBS) last released its quarterly earnings data on Wednesday, April 29th. The bank reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.09. The firm had revenue of $13.64 billion for the quarter, compared to analyst estimates of $13.16 billion. UBS Group had a net margin of 12.66% and a return on equity of 10.05%. Sell-side analysts predict that UBS Group AG will post 3.27 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently weighed in on UBS. Barclays raised UBS Group from an “underweight” rating to an “equal weight” rating in a research report on Monday, April 20th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of UBS Group in a research note on Thursday, May 7th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of UBS Group in a report on Wednesday, May 13th. Weiss Ratings cut UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 4th. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of UBS Group in a research report on Thursday, April 23rd. Four analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $60.30.

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.