UBS Group AG (NYSE:UBS) Given Consensus Rating of “Hold” by Analysts

Shares of UBS Group AG (NYSE:UBS) have earned an average recommendation of “Hold” from the five analysts that are covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company.

A number of brokerages have recently weighed in on UBS. StockNews.com upgraded 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 issued a “neutral” rating on the stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Nisa Investment Advisors LLC purchased a new position in UBS Group during the 2nd quarter valued at about $41,000. Continuum Advisory LLC boosted its position in shares of UBS Group by 41.6% in the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock worth $49,000 after purchasing an additional 450 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its stake in shares of UBS Group by 566.4% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock worth $49,000 after buying an additional 1,416 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new position in UBS Group during the 2nd quarter valued at approximately $50,000. Finally, Opal Wealth Advisors LLC raised its stake in UBS Group by 56.0% during the second quarter. Opal Wealth Advisors LLC now owns 2,125 shares of the bank’s stock valued at $63,000 after buying an additional 763 shares during the last quarter.

UBS Group Stock Up 0.5 %

UBS Group stock opened at $31.34 on Friday. The firm has a 50 day moving average price of $31.62 and a 200-day moving average price of $30.73. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 3.87. UBS Group has a twelve month low of $26.00 and a twelve month high of $33.34. The company has a market capitalization of $100.47 billion, a P/E ratio of 26.11 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 for the quarter, topping the consensus estimate of $0.28 by $0.15. UBS Group had a net margin of 5.13% and a return on equity of 4.69%. The firm had revenue of $19.31 billion for the quarter, compared to analysts’ expectations of $11.20 billion. During the same quarter in the prior year, the firm posted ($0.24) earnings per share. As a group, equities analysts predict that UBS Group will post 1.73 EPS for the current year.

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.