UBS Group AG (NYSE:UBS) Receives Consensus Recommendation of “Hold” from Brokerages

UBS Group AG (NYSE:UBS) has been given a consensus rating of “Hold” by the five analysts that are covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company.

Several brokerages have weighed in on UBS. Bank of America began coverage on shares of UBS Group in a research note on Thursday, September 19th. They set a “neutral” rating for the company. StockNews.com upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a report on Friday, November 1st.

Institutional Investors Weigh In On UBS Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Nisa Investment Advisors LLC acquired a new position in shares of UBS Group in the 2nd quarter valued at $41,000. Benjamin F. Edwards & Company Inc. grew its position in UBS Group by 566.4% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock worth $49,000 after purchasing an additional 1,416 shares during the last quarter. Continuum Advisory LLC grew its position in UBS Group by 41.6% during the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock worth $49,000 after purchasing an additional 450 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in UBS Group in the second quarter valued at $50,000. Finally, Opal Wealth Advisors LLC raised its holdings in shares of UBS Group by 56.0% in the second quarter. Opal Wealth Advisors LLC now owns 2,125 shares of the bank’s stock valued at $63,000 after buying an additional 763 shares during the last quarter.

UBS Group Trading Up 0.2 %

Shares of UBS Group stock opened at $31.80 on Friday. The stock has a 50 day moving average of $31.52 and a 200 day moving average of $30.67. The company has a debt-to-equity ratio of 3.87, a quick ratio of 1.05 and a current ratio of 1.05. The firm has a market capitalization of $101.95 billion, a price-to-earnings ratio of 26.50 and a beta of 1.15. UBS Group has a fifty-two week low of $26.00 and a fifty-two week high of $33.34.

UBS Group (NYSE:UBS) last released its quarterly earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.15. The business had revenue of $19.31 billion during the quarter, compared to analysts’ expectations of $11.20 billion. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. During the same period in the prior year, the business posted ($0.24) EPS. As a group, research analysts predict that UBS Group will post 1.73 earnings per share for the current 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.