UBS Group AG (NYSE:UBS) Given Consensus Recommendation of “Moderate Buy” by Brokerages

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

Several research analysts recently issued reports on UBS shares. Citigroup lowered UBS Group from a “buy” rating to a “neutral” rating in a research report on Tuesday, April 23rd. BNP Paribas downgraded shares of UBS Group from an “outperform” rating to a “neutral” rating in a report on Monday, April 22nd.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of UBS. Norges Bank purchased a new stake in UBS Group in the fourth quarter valued at approximately $5,004,151,000. Pzena Investment Management LLC boosted its holdings in shares of UBS Group by 392.8% in the 4th quarter. Pzena Investment Management LLC now owns 30,145,113 shares of the bank’s stock valued at $931,484,000 after acquiring an additional 24,027,505 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of UBS Group by 6.8% in the fourth quarter. Vanguard Group Inc. now owns 113,982,749 shares of the bank’s stock worth $3,522,067,000 after acquiring an additional 7,249,527 shares during the period. M&G Plc purchased a new position in shares of UBS Group during the first quarter worth $173,678,000. Finally, WCM Investment Management LLC lifted its position in UBS Group by 6,797.0% during the fourth quarter. WCM Investment Management LLC now owns 4,635,670 shares of the bank’s stock valued at $143,567,000 after purchasing an additional 4,568,457 shares during the period.

UBS Group Stock Down 1.8 %

NYSE:UBS opened at $30.00 on Thursday. The company has a debt-to-equity ratio of 4.00, a quick ratio of 1.08 and a current ratio of 1.08. The stock has a market capitalization of $96.19 billion, a P/E ratio of 3.27 and a beta of 1.16. The company’s 50-day simple moving average is $30.66 and its 200-day simple moving average is $29.77. UBS Group has a fifty-two week low of $21.34 and a fifty-two week high of $32.13.

UBS Group (NYSE:UBS) last released its quarterly earnings results on Tuesday, May 7th. The bank reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.29. UBS Group had a net margin of 39.78% and a return on equity of 7.78%. The business had revenue of $12.74 billion for the quarter, compared to analyst estimates of $12.05 billion. On average, equities analysts anticipate that UBS Group will post 1.02 earnings per share for the current fiscal year.

UBS Group Company Profile

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.