UBS Group AG (NYSE:UBS) Receives Average Recommendation of “Hold” from Analysts

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

Several research analysts have commented on UBS shares. Bank of America started coverage on UBS Group in a research report on Thursday, September 19th. They issued a “neutral” rating on the stock. StockNews.com raised UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, November 1st.

UBS Group Trading Up 0.8 %

Shares of UBS Group stock opened at $32.04 on Friday. The firm has a market cap of $102.73 billion, a PE ratio of 26.70 and a beta of 1.15. 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 fifty-two week low of $26.00 and a fifty-two week high of $33.34. The business’s fifty day moving average is $31.57 and its two-hundred day moving average is $30.72.

UBS Group (NYSE:UBS) last released its earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.15. The firm had revenue of $19.31 billion during the quarter, compared to the consensus estimate 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 previous year, the firm earned ($0.24) earnings per share. Analysts anticipate that UBS Group will post 1.73 earnings per share for the current year.

Hedge Funds Weigh In On UBS Group

Several large investors have recently modified their holdings of the stock. Nisa Investment Advisors LLC bought a new position in UBS Group in the second quarter worth about $41,000. Benjamin F. Edwards & Company Inc. increased its holdings in shares of UBS Group by 566.4% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock valued at $49,000 after purchasing an additional 1,416 shares during the period. Continuum Advisory LLC raised its stake in shares of UBS Group by 41.6% during the third quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock valued at $49,000 after purchasing an additional 450 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new position in UBS Group in the 2nd quarter valued at about $50,000. Finally, Opal Wealth Advisors LLC increased its stake in UBS Group by 56.0% during the 2nd 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 period.

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.