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

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

UBS has been the topic of a number of analyst reports. Bank of America started coverage on shares of UBS Group in a report on Thursday, September 19th. They set a “neutral” rating on the stock. StockNews.com upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, November 1st.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of UBS. Charles Schwab Investment Management Inc. lifted its position in UBS Group by 17.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 220,042 shares of the bank’s stock valued at $6,801,000 after purchasing an additional 33,089 shares during the last quarter. Toronto Dominion Bank raised its position in shares of UBS Group by 286.3% during the 2nd quarter. Toronto Dominion Bank now owns 272,309 shares of the bank’s stock valued at $8,044,000 after buying an additional 201,809 shares in the last quarter. Fisher Asset Management LLC bought a new stake in shares of UBS Group during the 3rd quarter worth $23,884,000. Legal & General Group Plc grew its position in UBS Group by 11,313.2% in the second quarter. Legal & General Group Plc now owns 41,389,783 shares of the bank’s stock worth $1,218,317,000 after acquiring an additional 41,027,134 shares in the last quarter. Finally, Quantbot Technologies LP increased its stake in UBS Group by 117.1% in the third quarter. Quantbot Technologies LP now owns 152,151 shares of the bank’s stock valued at $4,703,000 after acquiring an additional 82,062 shares during the last quarter.

UBS Group Price Performance

UBS Group stock opened at $29.78 on Wednesday. The company has a debt-to-equity ratio of 3.87, a current ratio of 1.05 and a quick ratio of 1.05. UBS Group has a one year low of $26.00 and a one year high of $33.34. The firm has a market capitalization of $95.49 billion, a P/E ratio of 24.82 and a beta of 1.14. The business has a fifty day moving average price of $31.91 and a 200-day moving average price of $30.87.

UBS Group (NYSE:UBS) last issued its earnings results on Wednesday, October 30th. The bank reported $0.43 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $11.20 billion. During the same quarter last year, the company earned ($0.24) EPS. As a group, equities research analysts forecast 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.