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

UBS Group AG (NYSE:UBS) has received a consensus rating of “Moderate Buy” from the six research firms that are currently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company.

UBS has been the subject of several recent research reports. BNP Paribas downgraded shares of UBS Group from an “outperform” rating to a “neutral” rating in a research report on Monday, April 22nd. Morgan Stanley raised shares of UBS Group from an “equal weight” rating to an “overweight” rating in a report on Friday, March 8th. Citigroup lowered shares of UBS Group from a “buy” rating to a “neutral” rating in a report on Tuesday, April 23rd. Finally, Societe Generale upgraded UBS Group from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th.

Institutional Investors Weigh In On UBS Group

Hedge funds and other institutional investors have recently bought and sold shares of the business. Anchor Investment Management LLC purchased a new stake in UBS Group during the 4th quarter worth approximately $28,000. Cary Street Partners Investment Advisory LLC increased its holdings in UBS Group by 61.8% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 1,340 shares of the bank’s stock worth $33,000 after purchasing an additional 512 shares during the last quarter. Opal Wealth Advisors LLC purchased a new stake in UBS Group during the 1st quarter worth approximately $42,000. Harvest Fund Management Co. Ltd increased its holdings in UBS Group by 118.5% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 1,868 shares of the bank’s stock worth $46,000 after purchasing an additional 1,013 shares during the last quarter. Finally, Larson Financial Group LLC increased its holdings in UBS Group by 5,742.3% during the 1st quarter. Larson Financial Group LLC now owns 1,519 shares of the bank’s stock worth $47,000 after purchasing an additional 1,493 shares during the last quarter.

UBS Group Price Performance

Shares of NYSE UBS opened at $28.83 on Friday. The stock has a fifty day moving average price of $29.55 and a 200 day moving average price of $28.47. The company has a current ratio of 1.10, a quick ratio of 1.09 and a debt-to-equity ratio of 4.23. UBS Group has a 12-month low of $18.76 and a 12-month high of $32.13.

UBS Group (NYSE:UBS) last posted its earnings results on Tuesday, February 6th. The bank reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.18). The company had revenue of $10.86 billion during the quarter, compared to analyst estimates of $12.06 billion. UBS Group had a net margin of 43.70% and a return on equity of 7.56%. UBS Group’s quarterly revenue was up 35.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.50 EPS. On average, analysts expect that UBS Group will post 0.78 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.