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

UBS Group (NYSE:UBS) was upgraded by equities research analysts at Kepler Capital Markets from a “hold” rating to a “buy” rating in a research report issued on Friday,Briefing.com Automated Import reports.

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

UBS Group Stock Performance

Shares of NYSE:UBS opened at $32.44 on Friday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.87. The company has a market cap of $104.02 billion, a price-to-earnings ratio of 27.03 and a beta of 1.15. UBS Group has a 12 month low of $26.00 and a 12 month high of $33.34. The company has a 50-day moving average price of $31.61 and a 200-day moving average price of $30.87.

UBS Group (NYSE:UBS) last released its quarterly earnings results on Wednesday, October 30th. The bank reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.15. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. The business had revenue of $19.31 billion during the quarter, compared to analyst estimates of $11.20 billion. During the same quarter in the prior year, the company posted ($0.24) EPS. As a group, equities analysts anticipate that UBS Group will post 1.73 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Versant Capital Management Inc purchased a new position in UBS Group in the fourth quarter worth about $40,000. Logan Capital Management Inc. lifted its stake in shares of UBS Group by 4.2% in the 3rd quarter. Logan Capital Management Inc. now owns 88,025 shares of the bank’s stock worth $2,721,000 after purchasing an additional 3,540 shares during the period. Oddo BHF Asset Management Sas purchased a new position in shares of UBS Group in the third quarter worth approximately $391,000. Inspire Trust Co. N.A. grew its position in UBS Group by 36.6% during the third quarter. Inspire Trust Co. N.A. now owns 104,417 shares of the bank’s stock valued at $3,228,000 after buying an additional 28,000 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new stake in UBS Group during the third quarter valued at approximately $365,000.

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.