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

UBS Group AG (NYSE:UBS) has earned an average rating of “Hold” from the five research firms that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

A number of research firms have recently weighed in on UBS. StockNews.com raised UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. Bank of America assumed coverage on shares of UBS Group in a report on Thursday, September 19th. They issued a “neutral” rating for the company.

Institutional Investors Weigh In On UBS Group

Institutional investors and hedge funds have recently bought and sold shares of the business. Wilmington Savings Fund Society FSB bought a new position in shares of UBS Group during the third quarter valued at $365,000. Sanctuary Advisors LLC raised its position in UBS Group by 30.5% in the 3rd quarter. Sanctuary Advisors LLC now owns 34,515 shares of the bank’s stock valued at $1,098,000 after purchasing an additional 8,069 shares during the last quarter. TD Private Client Wealth LLC boosted its stake in UBS Group by 3.2% in the third quarter. TD Private Client Wealth LLC now owns 12,813 shares of the bank’s stock worth $396,000 after purchasing an additional 394 shares in the last quarter. Coldstream Capital Management Inc. grew its holdings in shares of UBS Group by 8.7% during the third quarter. Coldstream Capital Management Inc. now owns 24,863 shares of the bank’s stock worth $769,000 after purchasing an additional 1,980 shares during the last quarter. Finally, Continuum Advisory LLC raised its holdings 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 valued at $49,000 after buying an additional 450 shares during the last quarter.

UBS Group Trading Up 0.8 %

UBS Group stock opened at $32.04 on Friday. UBS Group has a 1 year low of $26.00 and a 1 year high of $33.34. The firm’s 50 day moving average price is $31.57 and its two-hundred day moving average price is $30.72. The firm has a market cap of $102.73 billion, a price-to-earnings ratio of 26.70 and a beta of 1.15. 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 (NYSE:UBS) last released its earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.15. The company had revenue of $19.31 billion for 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 quarter in the previous year, the business posted ($0.24) EPS. On average, research analysts predict that UBS Group will post 1.73 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.