UBS Group (UBS) Set to Announce Earnings on Tuesday

UBS Group (NYSE:UBSGet 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:UBSGet 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.

Further Reading

Earnings History for UBS Group (NYSE:UBS)

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