UBS Group AG (NYSE:UBS) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of UBS Group AG (NYSE:UBS) have been given an average rating of “Moderate Buy” by the twelve ratings firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company.

Several equities research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of UBS Group in a research note on Thursday, August 14th. Morgan Stanley restated an “underweight” rating on shares of UBS Group in a report on Monday, November 24th. Zacks Research lowered shares of UBS Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 14th. Citigroup reiterated a “neutral” rating on shares of UBS Group in a research note on Monday, November 3rd. Finally, BNP Paribas downgraded UBS Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 4th.

UBS Group Trading Up 4.7%

Shares of UBS opened at $40.65 on Wednesday. UBS Group has a twelve month low of $25.75 and a twelve month high of $42.56. The stock has a market capitalization of $130.34 billion, a P/E ratio of 18.31, a PEG ratio of 0.63 and a beta of 1.13. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 3.69. The firm has a fifty day simple moving average of $38.89 and a two-hundred day simple moving average of $37.42.

UBS Group (NYSE:UBS) last announced its quarterly earnings results on Wednesday, October 29th. The bank reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.28. UBS Group had a net margin of 11.02% and a return on equity of 8.31%. The company had revenue of $12.76 billion for the quarter, compared to analysts’ expectations of $9.68 billion. During the same quarter in the previous year, the company earned $0.43 earnings per share. UBS Group’s quarterly revenue was up 4.3% on a year-over-year basis. On average, research analysts anticipate that UBS Group will post 1.9 EPS for the current year.

Hedge Funds Weigh In On UBS Group

Several hedge funds and other institutional investors have recently modified their holdings of UBS. Metis Global Partners LLC lifted its stake in shares of UBS Group by 8.0% in the 2nd quarter. Metis Global Partners LLC now owns 106,313 shares of the bank’s stock valued at $3,598,000 after acquiring an additional 7,833 shares during the last quarter. Atlantic Union Bankshares Corp bought a new stake in UBS Group during the 2nd quarter worth $87,000. American Century Companies Inc. grew its position in UBS Group by 1.1% during the 2nd quarter. American Century Companies Inc. now owns 1,248,597 shares of the bank’s stock worth $42,228,000 after acquiring an additional 13,582 shares during the last quarter. Longfellow Investment Management Co. LLC acquired a new position in UBS Group in the 2nd quarter worth about $1,409,000. Finally, Crocodile Capital Partners GmbH raised its position in UBS Group by 74.6% in the second quarter. Crocodile Capital Partners GmbH now owns 995,000 shares of the bank’s stock valued at $33,651,000 after purchasing an additional 425,000 shares during the last quarter.

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.