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

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

A number of equities analysts have issued reports on UBS shares. BNP Paribas lowered UBS Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. Zacks Research raised UBS Group to a “strong-buy” rating in a research note on Friday, August 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of UBS Group in a report on Wednesday, October 8th. Keefe, Bruyette & Woods downgraded shares of UBS Group from a “hold” rating to a “moderate sell” rating in a report on Friday. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of UBS Group in a research note on Monday, October 6th.

Institutional Investors Weigh In On UBS Group

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Checchi Capital Advisers LLC raised its holdings in UBS Group by 1.2% during the 3rd quarter. Checchi Capital Advisers LLC now owns 24,868 shares of the bank’s stock worth $1,020,000 after buying an additional 287 shares during the period. Coldstream Capital Management Inc. increased its position in shares of UBS Group by 1.1% in the second quarter. Coldstream Capital Management Inc. now owns 26,179 shares of the bank’s stock worth $885,000 after acquiring an additional 290 shares in the last quarter. Arkadios Wealth Advisors raised its holdings in shares of UBS Group by 3.1% during the third quarter. Arkadios Wealth Advisors now owns 9,877 shares of the bank’s stock valued at $405,000 after acquiring an additional 301 shares during the period. Prospera Financial Services Inc lifted its position in shares of UBS Group by 1.7% in the 2nd quarter. Prospera Financial Services Inc now owns 18,434 shares of the bank’s stock valued at $623,000 after acquiring an additional 310 shares in the last quarter. Finally, Sagespring Wealth Partners LLC boosted its stake in UBS Group by 2.5% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 12,705 shares of the bank’s stock worth $521,000 after purchasing an additional 315 shares during the period.

UBS Group Stock Up 0.3%

UBS Group stock opened at $38.41 on Friday. UBS Group has a 52 week low of $25.75 and a 52 week high of $42.56. The stock has a market cap of $123.17 billion, a price-to-earnings ratio of 17.30, a PEG ratio of 0.66 and a beta of 1.20. The company’s 50-day moving average price is $39.86 and its two-hundred day moving average price is $36.57. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.77.

UBS Group (NYSE:UBS) last issued its quarterly earnings results on Wednesday, October 29th. The bank reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.28. UBS Group had a net margin of 11.02% and a return on equity of 8.37%. The company had revenue of $12.20 billion during the quarter, compared to analyst estimates of $9.68 billion. During the same period in the prior year, the business posted $0.43 EPS. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. On average, 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.