Janus Henderson Group PLC Increases Holdings in UBS Group AG (NYSE:UBS)

Janus Henderson Group PLC increased its stake in UBS Group AG (NYSE:UBS) by 1.8% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,066,849 shares of the bank’s stock after purchasing an additional 37,446 shares during the quarter. Janus Henderson Group PLC owned about 0.06% of UBS Group worth $63,839,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Nisa Investment Advisors LLC bought a new stake in UBS Group during the second quarter worth about $41,000. Benjamin F. Edwards & Company Inc. increased its holdings in UBS Group by 566.4% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock valued at $49,000 after purchasing an additional 1,416 shares during the period. Ashton Thomas Private Wealth LLC purchased a new position in shares of UBS Group during the 2nd quarter worth approximately $50,000. Opal Wealth Advisors LLC grew its holdings in shares of UBS Group by 56.0% during the 2nd quarter. Opal Wealth Advisors LLC now owns 2,125 shares of the bank’s stock worth $63,000 after acquiring an additional 763 shares during the period. Finally, FSC Wealth Advisors LLC purchased a new position in shares of UBS Group during the 3rd quarter worth approximately $71,000.

UBS Group Price Performance

NYSE UBS opened at $32.76 on Friday. The company has a market capitalization of $105.03 billion, a PE ratio of 27.30 and a beta of 1.14. The company has a debt-to-equity ratio of 3.87, a quick ratio of 1.05 and a current ratio of 1.05. The business’s fifty day moving average is $31.86 and its 200 day moving average is $30.81. UBS Group AG has a fifty-two week low of $26.00 and a fifty-two week high of $33.34.

UBS Group (NYSE:UBS) last released its earnings results 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. The company had revenue of $19.31 billion for the quarter, compared to the consensus estimate of $11.20 billion. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. During the same period in the previous year, the business earned ($0.24) earnings per share. Sell-side analysts predict that UBS Group AG will post 1.73 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. StockNews.com raised UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Bank of America assumed coverage on UBS Group in a research note on Thursday, September 19th. They set a “neutral” rating on the stock. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

UBS Group Company 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.