UBS Group AG (NYSE:UBS) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of UBS Group AG (NYSE:UBS) have been given a consensus rating of “Moderate Buy” by the seven ratings firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company.

Several research firms recently weighed in on UBS. Keefe, Bruyette & Woods upgraded shares of UBS Group from a “moderate sell” rating to a “hold” rating in a report on Thursday, April 17th. Bank of America lowered shares of UBS Group from a “neutral” rating to an “underperform” rating in a report on Thursday, March 27th. StockNews.com lowered shares of UBS Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 22nd. DZ Bank upgraded shares of UBS Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 6th. Finally, Morgan Stanley lowered shares of UBS Group from an “overweight” rating to an “equal weight” rating in a report on Thursday, February 20th.

UBS Group Stock Up 2.1%

UBS stock opened at $33.73 on Friday. The stock has a market capitalization of $108.15 billion, a P/E ratio of 22.19 and a beta of 1.15. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.05 and a current ratio of 1.06. UBS Group has a one year low of $25.75 and a one year high of $35.84. The company has a 50 day moving average price of $30.46 and a two-hundred day moving average price of $31.87.

UBS Group (NYSE:UBS) last announced its quarterly earnings data on Wednesday, April 30th. The bank reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.09. UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The company had revenue of $11.90 billion during the quarter, compared to analysts’ expectations of $10.19 billion. As a group, sell-side analysts expect that UBS Group will post 1.9 EPS for the current year.

Institutional Investors Weigh In On UBS Group

Institutional investors have recently modified their holdings of the stock. Ritholtz Wealth Management raised its stake in shares of UBS Group by 16.6% in the 4th quarter. Ritholtz Wealth Management now owns 206,803 shares of the bank’s stock valued at $6,270,000 after purchasing an additional 29,367 shares in the last quarter. Kingsview Wealth Management LLC acquired a new stake in shares of UBS Group in the 4th quarter valued at about $218,000. M.E. Allison & CO. Inc. acquired a new stake in shares of UBS Group in the 4th quarter valued at about $354,000. Jones Financial Companies Lllp raised its stake in shares of UBS Group by 142.4% in the 4th quarter. Jones Financial Companies Lllp now owns 22,023 shares of the bank’s stock valued at $668,000 after purchasing an additional 12,939 shares in the last quarter. Finally, Park Avenue Securities LLC raised its stake in shares of UBS Group by 21.7% in the 4th quarter. Park Avenue Securities LLC now owns 37,205 shares of the bank’s stock valued at $1,128,000 after purchasing an additional 6,638 shares in the last quarter.

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.