UBS Group AG (NYSE:UBS) Receives Average Rating of “Hold” from Brokerages

UBS Group AG (NYSE:UBS) has been given a consensus recommendation of “Hold” by the five research firms that are presently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold rating and two have issued a buy rating on the company.

UBS has been the subject of a number of analyst reports. StockNews.com upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. Bank of America assumed coverage on UBS Group in a research report on Thursday, September 19th. They set a “neutral” rating for the company.

Institutional Investors Weigh In On UBS Group

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Nisa Investment Advisors LLC purchased a new stake in shares of UBS Group in the 2nd quarter valued at about $41,000. Continuum Advisory LLC lifted its stake in UBS Group by 41.6% in the third quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock valued at $49,000 after buying an additional 450 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its holdings in shares of UBS Group by 566.4% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock valued at $49,000 after acquiring an additional 1,416 shares during the period. Ashton Thomas Private Wealth LLC purchased a new position in shares of UBS Group during the second quarter worth approximately $50,000. Finally, FSC Wealth Advisors LLC acquired a new position in shares of UBS Group in the 3rd quarter valued at $71,000.

UBS Group Price Performance

UBS stock opened at $30.55 on Wednesday. The business’s 50-day moving average is $31.88 and its two-hundred day moving average is $30.85. The company has a debt-to-equity ratio of 3.87, a current ratio of 1.05 and a quick ratio of 1.05. The firm has a market capitalization of $97.96 billion, a P/E ratio of 25.46 and a beta of 1.14. UBS Group has a 1 year low of $26.00 and a 1 year high of $33.34.

UBS Group (NYSE:UBS) last issued 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. UBS Group had a net margin of 5.13% and a return on equity of 4.69%. The firm had revenue of $19.31 billion for the quarter, compared to analysts’ expectations of $11.20 billion. During the same quarter last year, the company earned ($0.24) earnings per share. Analysts anticipate that UBS Group will post 1.73 earnings per share for the current fiscal year.

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.