UBS Group (NYSE:UBS) Upgraded at Kepler Capital Markets

UBS Group (NYSE:UBS) was upgraded by Kepler Capital Markets from a “hold” rating to a “buy” rating in a report released on Friday, MarketBeat Ratings reports.

A number of other research analysts have also weighed in on the company. BNP Paribas raised UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Bank of America initiated coverage on UBS Group in a research report on Thursday, September 19th. They set a “neutral” rating on the stock. Finally, StockNews.com upgraded UBS Group from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

UBS Group Stock Down 0.5 %

UBS Group stock opened at $32.31 on Friday. UBS Group has a 1-year low of $26.00 and a 1-year high of $33.34. The company has a debt-to-equity ratio of 3.87, a current ratio of 1.05 and a quick ratio of 1.05. The stock’s 50 day moving average price is $31.63 and its 200 day moving average price is $30.89. The company has a market cap of $103.60 billion, a PE ratio of 26.93 and a beta of 1.15.

UBS Group (NYSE:UBS) last released its quarterly earnings results 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. The business had revenue of $19.31 billion during the quarter, compared to the consensus estimate 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 company posted ($0.24) EPS. On average, sell-side analysts predict that UBS Group will post 1.73 EPS for the current fiscal year.

Institutional Investors Weigh In On UBS Group

A number of institutional investors have recently added to or reduced their stakes in UBS. Versant Capital Management Inc purchased a new stake in UBS Group during the 4th quarter worth $40,000. Benjamin F. Edwards & Company Inc. lifted 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 acquiring an additional 1,416 shares in the last quarter. Continuum Advisory LLC grew its position in 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 acquiring an additional 450 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in shares of UBS Group during the second quarter valued at approximately $50,000. Finally, FSC Wealth Advisors LLC acquired a new position in shares of UBS Group during the third quarter worth $71,000.

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.