StockNews.com Downgrades UBS Group (NYSE:UBS) to Hold

UBS Group (NYSE:UBS) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Wednesday.

Several other equities research analysts have also weighed in on UBS. Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. BNP Paribas upgraded UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, UBS Group presently has an average rating of “Moderate Buy”.

UBS Group Trading Up 0.9 %

NYSE UBS opened at $34.99 on Wednesday. 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 $35.10. The firm has a market capitalization of $112.20 billion, a PE ratio of 29.16 and a beta of 1.15. The stock’s 50 day moving average is $31.84 and its 200 day moving average is $31.09.

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, beating 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 company had revenue of $19.31 billion for the quarter, compared to analyst estimates of $11.20 billion. During the same period in the previous year, the company posted ($0.24) earnings per share. Research analysts forecast that UBS Group will post 1.53 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in UBS. Commerce Bank raised its stake in shares of UBS Group by 3.9% in the third quarter. Commerce Bank now owns 9,278 shares of the bank’s stock worth $287,000 after purchasing an additional 346 shares during the last quarter. Rosenberg Matthew Hamilton raised its stake in shares of UBS Group by 15.6% in the third quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank’s stock worth $81,000 after purchasing an additional 355 shares during the last quarter. TD Private Client Wealth LLC raised its stake in shares of UBS Group by 3.2% in the third quarter. TD Private Client Wealth LLC now owns 12,813 shares of the bank’s stock worth $396,000 after purchasing an additional 394 shares during the last quarter. Legacy Wealth Asset Management LLC raised its stake in shares of UBS Group by 0.7% in the third quarter. Legacy Wealth Asset Management LLC now owns 60,705 shares of the bank’s stock worth $1,876,000 after purchasing an additional 438 shares during the last quarter. Finally, Continuum Advisory LLC raised its stake in shares of UBS Group by 41.6% in the third quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock worth $49,000 after purchasing an additional 450 shares during the last quarter.

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.