UBS Group (NYSE:UBS) Rating Increased to Buy at Kepler Capital Markets

Kepler Capital Markets upgraded shares of UBS Group (NYSE:UBS) from a hold rating to a buy rating in a research report report published on Friday morning, Marketbeat Ratings reports.

Other equities research analysts have also recently issued research reports about the company. BNP Paribas upgraded UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Bank of America started coverage on shares of UBS Group in a research report on Thursday, September 19th. They issued a “neutral” rating on the stock. Finally, StockNews.com raised shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, UBS Group currently has a consensus rating of “Moderate Buy”.

UBS Group Stock Down 0.5 %

Shares of UBS stock opened at $32.31 on Friday. UBS Group has a 12-month low of $26.00 and a 12-month high of $33.34. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 3.87. The firm has a fifty day moving average of $31.63 and a 200-day moving average of $30.88. The company has a market capitalization of $103.60 billion, a price-to-earnings ratio of 26.93 and a beta of 1.15.

UBS Group (NYSE:UBS) last released its earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.15. The firm had revenue of $19.31 billion during the quarter, compared to analysts’ expectations of $11.20 billion. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. During the same quarter in the prior year, the company earned ($0.24) EPS. As a group, equities research analysts predict that UBS Group will post 1.73 earnings per share for the current fiscal year.

Institutional Investors Weigh In On UBS Group

Institutional investors and hedge funds have recently made changes to their positions in the stock. Versant Capital Management Inc bought a new position in shares of UBS Group in the fourth quarter valued at $40,000. Benjamin F. Edwards & Company Inc. lifted its stake in 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 last quarter. Continuum Advisory LLC grew its position in shares of UBS Group by 41.6% in the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock valued at $49,000 after acquiring an additional 450 shares during the period. Ashton Thomas Private Wealth LLC acquired a new position in shares of UBS Group during the 2nd quarter worth about $50,000. Finally, FSC Wealth Advisors LLC acquired a new stake in UBS Group in the 3rd quarter valued at about $71,000.

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.