UBS Group AG (NYSE:UBS) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of UBS Group AG (NYSE:UBS) have been assigned a consensus rating of “Moderate Buy” from the six research firms that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company.

Several equities analysts have weighed in on UBS shares. Bank of America assumed coverage on UBS Group in a report on Thursday, September 19th. They issued a “neutral” rating for the company. Kepler Capital Markets raised shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. StockNews.com upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. Finally, BNP Paribas raised shares of UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of UBS. Park Avenue Securities LLC increased its position in UBS Group by 21.7% during the 4th quarter. Park Avenue Securities LLC now owns 37,205 shares of the bank’s stock worth $1,128,000 after purchasing an additional 6,638 shares in the last quarter. Kathmere Capital Management LLC grew its stake in shares of UBS Group by 3.9% during the fourth quarter. Kathmere Capital Management LLC now owns 34,747 shares of the bank’s stock worth $1,054,000 after buying an additional 1,309 shares during the last quarter. Aprio Wealth Management LLC grew its stake in shares of UBS Group by 18.6% during the fourth quarter. Aprio Wealth Management LLC now owns 11,383 shares of the bank’s stock worth $345,000 after buying an additional 1,785 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of UBS Group by 1.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 106,019 shares of the bank’s stock worth $3,277,000 after buying an additional 1,114 shares in the last quarter. Finally, Versant Capital Management Inc bought a new position in shares of UBS Group in the 4th quarter valued at $40,000.

UBS Group Trading Up 0.8 %

Shares of UBS Group stock opened at $32.22 on Friday. 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 firm has a 50-day moving average of $31.66 and a 200-day moving average of $30.94. UBS Group has a 52-week low of $26.00 and a 52-week high of $33.34. The stock has a market cap of $103.31 billion, a PE ratio of 26.85 and a beta of 1.15.

UBS Group (NYSE:UBS) last announced its earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $11.20 billion. During the same quarter in the prior year, the business posted ($0.24) EPS. As a group, sell-side 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.