UBS Group AG (NYSE:UBS) Given Average Rating of “Moderate Buy” by Analysts

Shares of UBS Group AG (NYSE:UBS) have received an average rating of “Moderate Buy” from the six analysts that are currently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

A number of equities research analysts have commented on UBS shares. BNP Paribas cut UBS Group from an “outperform” rating to a “neutral” rating in a report on Monday, April 22nd. Citigroup cut UBS Group from a “buy” rating to a “neutral” rating in a report on Tuesday, April 23rd. Morgan Stanley upgraded UBS Group from an “equal weight” rating to an “overweight” rating in a report on Friday, March 8th. Finally, Societe Generale upgraded UBS Group from a “hold” rating to a “buy” rating in a report on Wednesday, February 7th.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in UBS. SG Americas Securities LLC purchased a new position in shares of UBS Group in the 3rd quarter worth $128,000. Commonwealth Equity Services LLC raised its position in UBS Group by 10.7% in the third quarter. Commonwealth Equity Services LLC now owns 36,605 shares of the bank’s stock valued at $902,000 after purchasing an additional 3,543 shares during the period. Raymond James & Associates raised its position in UBS Group by 4.4% in the third quarter. Raymond James & Associates now owns 963,707 shares of the bank’s stock valued at $23,755,000 after purchasing an additional 41,051 shares during the period. Raymond James Financial Services Advisors Inc. raised its position in UBS Group by 7.4% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 29,786 shares of the bank’s stock valued at $734,000 after purchasing an additional 2,055 shares during the period. Finally, Bank of New York Mellon Corp raised its position in UBS Group by 1.5% in the third quarter. Bank of New York Mellon Corp now owns 7,021,393 shares of the bank’s stock valued at $173,077,000 after purchasing an additional 103,803 shares during the period.

UBS Group Stock Performance

Shares of NYSE:UBS opened at $27.17 on Friday. The business’s fifty day moving average price is $29.56 and its two-hundred day moving average price is $28.34. The company has a current ratio of 1.10, a quick ratio of 1.09 and a debt-to-equity ratio of 4.23. UBS Group has a one year low of $18.71 and a one year high of $32.13.

UBS Group (NYSE:UBS) last announced its earnings results on Tuesday, February 6th. The bank reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.18). The company had revenue of $10.86 billion for the quarter, compared to analyst estimates of $12.06 billion. UBS Group had a net margin of 43.70% and a return on equity of 7.56%. UBS Group’s quarterly revenue was up 35.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.50 EPS. Sell-side analysts forecast that UBS Group will post 0.78 EPS for the current fiscal year.

UBS Group Increases Dividend

The company also recently announced an annual dividend, which was paid on Friday, May 3rd. Investors of record on Thursday, May 2nd were given a $0.228 dividend. This is a positive change from UBS Group’s previous annual dividend of $0.18. This represents a dividend yield of 0.82%. The ex-dividend date of this dividend was Wednesday, May 1st. UBS Group’s dividend payout ratio (DPR) is 2.56%.

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.