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

UBS Group AG (NYSE:UBS) has earned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company.

UBS has been the topic of several recent research reports. Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a report on Friday. StockNews.com raised shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Bank of America initiated coverage on shares of UBS Group in a report on Thursday, September 19th. They set a “neutral” rating on the stock. Finally, BNP Paribas upgraded shares of UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd.

UBS Group Price Performance

UBS Group stock opened at $32.31 on Friday. The stock has a market capitalization of $103.60 billion, a price-to-earnings ratio of 26.93 and a beta of 1.15. UBS Group has a 52-week low of $26.00 and a 52-week high of $33.34. The company has a debt-to-equity ratio of 3.87, a quick ratio of 1.05 and a current ratio of 1.05. The stock’s 50 day moving average price is $31.63 and its two-hundred day moving average price is $30.89.

UBS Group (NYSE:UBS) last issued its 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 for the quarter, compared to analyst estimates of $11.20 billion. UBS Group had a net margin of 5.13% and a return on equity of 4.69%. During the same period in the prior year, the firm earned ($0.24) earnings per share. On average, equities analysts predict that UBS Group will post 1.73 earnings per share for the current year.

Hedge Funds Weigh In On UBS Group

Large investors have recently bought and sold shares of the stock. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of UBS Group by 6.1% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 57,349,524 shares of the bank’s stock valued at $1,771,713,000 after purchasing an additional 3,289,387 shares during the last quarter. Legal & General Group Plc increased its stake in UBS Group by 11,313.2% in the 2nd quarter. Legal & General Group Plc now owns 41,389,783 shares of the bank’s stock valued at $1,218,317,000 after buying an additional 41,027,134 shares during the last quarter. Pzena Investment Management LLC lifted its position in shares of UBS Group by 2.8% during the 3rd quarter. Pzena Investment Management LLC now owns 30,802,466 shares of the bank’s stock worth $952,104,000 after buying an additional 851,231 shares in the last quarter. Wellington Management Group LLP boosted its stake in shares of UBS Group by 20.2% in the 3rd quarter. Wellington Management Group LLP now owns 13,708,623 shares of the bank’s stock worth $423,504,000 after buying an additional 2,307,033 shares during the last quarter. Finally, Canada Pension Plan Investment Board grew its holdings in shares of UBS Group by 10.8% in the second quarter. Canada Pension Plan Investment Board now owns 8,630,819 shares of the bank’s stock valued at $254,045,000 after acquiring an additional 843,903 shares in 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.