UBS Group AG (NYSE:UBS) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of UBS Group AG (NYSE:UBS) have received a consensus recommendation of “Moderate Buy” from the ten ratings firms that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company.

Several research analysts recently weighed in on the company. Wedbush reissued a “neutral” rating on shares of UBS Group in a research report on Tuesday, May 27th. Morgan Stanley lowered UBS Group from an “overweight” rating to an “equal weight” rating in a research report on Thursday, February 20th. DZ Bank raised UBS Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 6th. Keefe, Bruyette & Woods raised UBS Group from a “moderate sell” rating to a “hold” rating in a research report on Thursday, April 17th. Finally, Jefferies Financial Group raised UBS Group from a “hold” rating to a “buy” rating in a research report on Tuesday, June 3rd.

UBS Group Trading Down 2.1%

Shares of NYSE UBS opened at $32.25 on Wednesday. UBS Group has a 12 month low of $25.75 and a 12 month high of $35.84. The company has a market cap of $103.41 billion, a price-to-earnings ratio of 21.22 and a beta of 1.16. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 3.76. The business has a fifty day simple moving average of $30.52 and a 200-day simple moving average of $31.91.

UBS Group (NYSE:UBS) last posted its quarterly earnings results on Wednesday, April 30th. The bank reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.09. The firm had revenue of $11.90 billion for the quarter, compared to analyst estimates of $10.19 billion. UBS Group had a return on equity of 5.93% and a net margin of 6.93%. Sell-side analysts predict that UBS Group will post 1.9 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Rhumbline Advisers boosted its stake in shares of UBS Group by 10.3% during the 1st quarter. Rhumbline Advisers now owns 42,554 shares of the bank’s stock worth $1,303,000 after acquiring an additional 3,971 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of UBS Group by 62.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,497 shares of the bank’s stock worth $46,000 after acquiring an additional 573 shares in the last quarter. Belpointe Asset Management LLC bought a new stake in shares of UBS Group during the 1st quarter worth about $639,000. Fortis Capital Advisors LLC bought a new stake in shares of UBS Group during the 1st quarter worth about $639,000. Finally, Focus Partners Wealth boosted its stake in shares of UBS Group by 11.6% during the 1st quarter. Focus Partners Wealth now owns 14,111 shares of the bank’s stock worth $432,000 after acquiring an additional 1,469 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.