UBS Group (NYSE:UBS) Reaches New 52-Week High – Should You Buy?

Shares of UBS Group AG (NYSE:UBS) hit a new 52-week high on Friday . The company traded as high as $36.28 and last traded at $36.15, with a volume of 114521 shares. The stock had previously closed at $36.04.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Bank of America lowered UBS Group from a “neutral” rating to an “underperform” rating in a research report on Thursday, March 27th. Citigroup reiterated a “neutral” rating on shares of UBS Group in a research report on Wednesday, June 11th. Jefferies Financial Group upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Tuesday, June 3rd. DZ Bank upgraded UBS Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 6th. Finally, Keefe, Bruyette & Woods upgraded UBS Group from a “moderate sell” rating to a “hold” rating in a research report on Thursday, April 17th. Two analysts have rated the stock with a sell rating, four have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, UBS Group currently has a consensus rating of “Hold”.

UBS Group Stock Performance

The company has a debt-to-equity ratio of 3.72, a quick ratio of 1.04 and a current ratio of 1.04. The firm has a market capitalization of $115.56 billion, a price-to-earnings ratio of 23.87, a P/E/G ratio of 0.94 and a beta of 1.15. The company has a 50 day moving average price of $33.14 and a two-hundred day moving average price of $32.36.

UBS Group (NYSE:UBS) last announced its earnings results on Wednesday, April 30th. The bank reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.09. UBS Group had a return on equity of 5.82% and a net margin of 7.13%. The business had revenue of $11.90 billion during the quarter, compared to the consensus estimate of $10.19 billion. On average, research analysts forecast that UBS Group AG will post 1.9 EPS for the current year.

Institutional Trading of UBS Group

Several large investors have recently made changes to their positions in UBS. City Holding Co. purchased a new stake in UBS Group in the 1st quarter valued at $25,000. Maseco LLP purchased a new stake in UBS Group in the 2nd quarter valued at $28,000. Grove Bank & Trust purchased a new stake in UBS Group in the 1st quarter valued at $28,000. Headlands Technologies LLC purchased a new stake in UBS Group in the 4th quarter valued at $33,000. Finally, Quarry LP purchased a new stake in UBS Group in the 1st quarter valued at $37,000.

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.