UBS Group AG (NYSE:UBS) Given Average Recommendation of “Hold” by Analysts

UBS Group AG (NYSE:UBS) has received an average rating of “Hold” from the six analysts that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have given a buy recommendation to the company.

A number of brokerages have weighed in on UBS. Deutsche Bank Aktiengesellschaft upgraded UBS Group from a “hold” rating to a “buy” rating in a report on Monday, February 10th. Bank of America downgraded shares of UBS Group from a “neutral” rating to an “underperform” rating in a research report on Thursday. Morgan Stanley cut shares of UBS Group from an “overweight” rating to an “equal weight” rating in a report on Thursday, February 20th. BNP Paribas upgraded shares of UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. Finally, Kepler Capital Markets raised shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th.

UBS Group Trading Down 3.9 %

UBS opened at $31.92 on Friday. The stock has a market cap of $102.33 billion, a PE ratio of 21.00 and a beta of 1.15. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 3.76. UBS Group has a twelve month low of $26.01 and a twelve month high of $35.84. The company has a fifty day moving average of $33.71 and a 200-day moving average of $32.21.

UBS Group (NYSE:UBS) last issued its quarterly earnings results on Tuesday, February 4th. The bank reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.08). The business had revenue of $11.06 billion for the quarter, compared to analyst estimates of $10.90 billion. UBS Group had a return on equity of 5.93% and a net margin of 6.93%. The business’s revenue was up 1.9% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.09) earnings per share. On average, sell-side analysts predict that UBS Group will post 1.9 EPS for the current year.

UBS Group Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, April 16th will be paid a dividend of $0.90 per share. This represents a yield of 2.1%. The ex-dividend date is Wednesday, April 16th. This is a positive change from UBS Group’s previous annual dividend of $0.23. UBS Group’s payout ratio is 14.47%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Timber Creek Capital Management LLC raised its holdings in shares of UBS Group by 0.3% in the 4th quarter. Timber Creek Capital Management LLC now owns 117,613 shares of the bank’s stock worth $3,566,000 after acquiring an additional 311 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of UBS Group by 0.5% in the fourth quarter. Integrated Wealth Concepts LLC now owns 65,889 shares of the bank’s stock worth $1,998,000 after purchasing an additional 320 shares during the last quarter. Allworth Financial LP lifted its holdings in shares of UBS Group by 6.4% in the fourth quarter. Allworth Financial LP now owns 5,528 shares of the bank’s stock valued at $168,000 after purchasing an additional 334 shares in the last quarter. Independent Advisor Alliance boosted its position in shares of UBS Group by 0.4% during the fourth quarter. Independent Advisor Alliance now owns 85,975 shares of the bank’s stock valued at $2,607,000 after buying an additional 339 shares during the last quarter. Finally, Lindbrook Capital LLC grew its holdings in UBS Group by 3.2% during the fourth quarter. Lindbrook Capital LLC now owns 11,247 shares of the bank’s stock worth $341,000 after buying an additional 345 shares in the last quarter.

About UBS Group

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.