Capital International Investors Buys 3,680 Shares of UBS AG (UBS)

Capital International Investors grew its holdings in UBS AG (NYSE:UBS) by 0.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,823,091 shares of the bank’s stock after purchasing an additional 3,680 shares during the period. Capital International Investors owned about 0.07% of UBS worth $48,250,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Franklin Resources Inc. lifted its holdings in shares of UBS by 21.2% during the 2nd quarter. Franklin Resources Inc. now owns 57,935,725 shares of the bank’s stock valued at $981,476,000 after purchasing an additional 10,125,809 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of UBS by 5.7% in the second quarter. Vanguard Group Inc. now owns 86,199,587 shares of the bank’s stock worth $1,463,669,000 after acquiring an additional 4,634,833 shares in the last quarter. AXA grew its stake in shares of UBS by 94.1% during the second quarter. AXA now owns 6,299,667 shares of the bank’s stock worth $106,968,000 after purchasing an additional 3,054,657 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of UBS by 3,116.6% during the second quarter. The Manufacturers Life Insurance Company now owns 2,558,612 shares of the bank’s stock worth $43,446,000 after purchasing an additional 2,479,068 shares in the last quarter. Finally, Fisher Asset Management LLC grew its stake in shares of UBS by 2.8% during the third quarter. Fisher Asset Management LLC now owns 41,303,205 shares of the bank’s stock worth $708,350,000 after purchasing an additional 1,136,180 shares in the last quarter. 32.00% of the stock is owned by institutional investors.

UBS has been the subject of a number of analyst reports. Zacks Investment Research upgraded shares of UBS from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a research note on Monday, September 18th. ValuEngine lowered shares of UBS from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. Bank of America raised shares of UBS from a “neutral” rating to a “buy” rating in a report on Friday, November 10th. Finally, TheStreet raised shares of UBS from a “d” rating to a “c” rating in a report on Monday, November 27th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $19.00.

Shares of UBS AG (NYSE UBS) traded up $0.32 during trading hours on Tuesday, reaching $17.80. 2,392,300 shares of the company traded hands, compared to its average volume of 2,023,085. The company has a market cap of $67,345.49, a P/E ratio of 15.33, a PEG ratio of 0.88 and a beta of 1.22. UBS AG has a 12-month low of $15.10 and a 12-month high of $18.31. The company has a debt-to-equity ratio of 2.46, a quick ratio of 1.21 and a current ratio of 1.21.

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UBS Company Profile

UBS Group AG is a holding company and conducts its operations through UBS AG and its subsidiaries. The Company comprises Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank. Wealth Management division provides advice and tailored financial services to wealthy private clients around the world, except those served by Wealth Management Americas.

Institutional Ownership by Quarter for UBS (NYSE:UBS)

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