UBS Group (UBS) Set to Announce Earnings on Tuesday

UBS Group (NYSE:UBS – Get Rating) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, April 26th. Analysts expect UBS Group to post earnings of $0.49 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

UBS Group (NYSE:UBS – Get Rating) last issued its quarterly earnings results on Tuesday, February 1st. The bank reported $0.38 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.14. UBS Group had a return on equity of 12.48% and a net margin of 19.20%. The firm had revenue of $8.70 billion during the quarter, compared to the consensus estimate of $7.93 billion. During the same period last year, the company earned $0.46 earnings per share. The company’s revenue for the quarter was up 11.3% on a year-over-year basis. On average, analysts expect UBS Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of NYSE UBS opened at $17.61 on Tuesday. The company has a debt-to-equity ratio of 3.49, a current ratio of 1.04 and a quick ratio of 1.04. The stock has a fifty day moving average price of $18.61 and a 200 day moving average price of $18.30. UBS Group has a 1-year low of $14.42 and a 1-year high of $21.49. The company has a market cap of $61.28 billion, a PE ratio of 8.59, a P/E/G ratio of 0.50 and a beta of 1.17.

The business also recently declared an annual dividend, which was paid on Thursday, April 14th. Investors of record on Wednesday, April 13th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, April 12th. This is an increase from UBS Group’s previous annual dividend of $0.37. This represents a dividend yield of 1.2%. UBS Group’s dividend payout ratio (DPR) is currently 7.80%.

Several brokerages recently weighed in on UBS. BNP Paribas raised UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 7th. The Goldman Sachs Group began coverage on UBS Group in a report on Wednesday, March 30th. They set a “buy” rating for the company. Zacks Investment Research downgraded UBS Group from a “strong-buy” rating to a “hold” rating and set a $20.00 price target for the company. in a report on Monday, March 21st. JPMorgan Chase & Co. increased their price objective on UBS Group from CHF 20 to CHF 21 in a research report on Friday, April 1st. Finally, Keefe, Bruyette & Woods cut UBS Group from an “outperform” rating to a “market perform” rating and set a $20.50 price objective for the company. in a research report on Tuesday, February 15th. Five investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $19.29.

Institutional investors have recently bought and sold shares of the stock. Morgan Stanley increased its position in UBS Group by 7.3% during the 2nd quarter. Morgan Stanley now owns 3,094,069 shares of the bank’s stock worth $47,463,000 after purchasing an additional 209,870 shares in the last quarter. BlackRock Inc. increased its position in UBS Group by 3.8% during the 4th quarter. BlackRock Inc. now owns 2,322,828 shares of the bank’s stock worth $41,509,000 after purchasing an additional 85,188 shares in the last quarter. Millennium Management LLC increased its position in UBS Group by 173.4% during the 4th quarter. Millennium Management LLC now owns 571,951 shares of the bank’s stock worth $10,221,000 after purchasing an additional 362,737 shares in the last quarter. Stifel Financial Corp increased its position in UBS Group by 36.2% during the 4th quarter. Stifel Financial Corp now owns 235,481 shares of the bank’s stock worth $4,208,000 after purchasing an additional 62,571 shares in the last quarter. Finally, Sei Investments Co. increased its position in UBS Group by 2.3% during the 4th quarter. Sei Investments Co. now owns 124,385 shares of the bank’s stock worth $2,230,000 after purchasing an additional 2,816 shares in the last quarter. Hedge funds and other institutional investors own 33.10% of the company’s stock.

About UBS Group (Get Rating)

UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through four divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, and Investment Bank. The Global Wealth Management division offers investment advice and solutions, and lending solutions to ultra high net worth and high net worth clients.

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