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

Shares of UBS Group AG (NYSE:UBS) have earned a consensus rating of “Hold” from the five research firms that are presently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and two have issued a buy rating on the company.

Several research analysts have recently commented on UBS shares. StockNews.com raised shares of UBS Group from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Bank of America initiated coverage on UBS Group in a research report on Thursday, September 19th. They set a “neutral” rating for the company.

UBS Group Stock Performance

Shares of UBS Group stock opened at $29.78 on Wednesday. The company has a debt-to-equity ratio of 3.87, a quick ratio of 1.05 and a current ratio of 1.05. UBS Group has a 1 year low of $26.00 and a 1 year high of $33.34. The firm’s 50-day simple moving average is $31.91 and its 200-day simple moving average is $30.86. The firm has a market cap of $95.49 billion, a PE ratio of 24.82 and a beta of 1.14.

UBS Group (NYSE:UBS) last announced its quarterly earnings data on Wednesday, October 30th. The bank reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.15. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. The firm had revenue of $19.31 billion for the quarter, compared to analysts’ expectations of $11.20 billion. During the same period last year, the business posted ($0.24) earnings per share. Equities analysts forecast that UBS Group will post 1.73 earnings per share for the current fiscal year.

Institutional Investors Weigh In On UBS Group

Large investors have recently made changes to their positions in the company. Nisa Investment Advisors LLC acquired a new stake in UBS Group in the 2nd quarter valued at approximately $41,000. Continuum Advisory LLC grew its stake in shares of UBS Group by 41.6% in the third quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock worth $49,000 after purchasing an additional 450 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its stake in shares of UBS Group by 566.4% in the second 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 in the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in shares of UBS Group during the second quarter valued at $50,000. Finally, FSC Wealth Advisors LLC bought a new stake in shares of UBS Group during the third quarter valued at about $71,000.

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.