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

Shares of UBS Group AG (NYSE:UBS) have earned a consensus rating of “Moderate Buy” from the twelve brokerages that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation, five have assigned a buy recommendation and two have assigned a strong buy recommendation to the company.

A number of equities analysts have issued reports on the company. Wall Street Zen upgraded UBS Group from a “sell” rating to a “hold” rating in a research note on Saturday. Morgan Stanley downgraded UBS Group from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, June 18th. Wedbush restated a “neutral” rating on shares of UBS Group in a research note on Tuesday, May 27th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of UBS Group in a research note on Thursday, August 14th. Finally, Bank of America upgraded UBS Group from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 22nd.

Institutional Investors Weigh In On UBS Group

Hedge funds have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC raised its holdings in shares of UBS Group by 18.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 124,395 shares of the bank’s stock worth $3,810,000 after purchasing an additional 19,229 shares during the period. GAMMA Investing LLC raised its holdings in shares of UBS Group by 2,963.0% in the 1st quarter. GAMMA Investing LLC now owns 25,607 shares of the bank’s stock worth $836,000 after purchasing an additional 24,771 shares during the period. Waverly Advisors LLC bought a new stake in shares of UBS Group in the 4th quarter worth approximately $534,000. Bessemer Group Inc. raised its holdings in shares of UBS Group by 8.5% in the 1st quarter. Bessemer Group Inc. now owns 63,761 shares of the bank’s stock worth $1,954,000 after purchasing an additional 4,984 shares during the period. Finally, Farther Finance Advisors LLC raised its holdings in shares of UBS Group by 19.0% in the 1st quarter. Farther Finance Advisors LLC now owns 2,653 shares of the bank’s stock worth $81,000 after purchasing an additional 423 shares during the period.

UBS Group Price Performance

UBS stock opened at $42.27 on Friday. The company has a market capitalization of $135.54 billion, a P/E ratio of 22.37, a price-to-earnings-growth ratio of 0.72 and a beta of 1.21. The company has a debt-to-equity ratio of 3.77, a quick ratio of 1.05 and a current ratio of 1.05. UBS Group has a 52-week low of $25.75 and a 52-week high of $42.38. The business has a 50-day simple moving average of $39.12 and a two-hundred day simple moving average of $34.19.

UBS Group (NYSE:UBS) last released its quarterly earnings results on Wednesday, July 30th. The bank reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.70 by $0.02. The business had revenue of $11.55 billion during the quarter, compared to the consensus estimate of $9.77 billion. UBS Group had a return on equity of 7.17% and a net margin of 9.21%.During the same quarter in the previous year, the business earned $0.34 EPS. Research analysts expect that UBS Group will post 1.9 EPS for the current fiscal year.

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.