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

UBS Group AG (NYSE:UBS) has been given a consensus rating of “Hold” by the six ratings firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have issued a buy recommendation on the company.

UBS has been the topic of a number of recent research reports. Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. Deutsche Bank Aktiengesellschaft upgraded UBS Group from a “hold” rating to a “buy” rating in a report on Monday, February 10th. BNP Paribas raised shares of UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Bank of America cut shares of UBS Group from a “neutral” rating to an “underperform” rating in a research report on Thursday. Finally, StockNews.com lowered shares of UBS Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 22nd.

Institutional Trading of UBS Group

Several institutional investors and hedge funds have recently made changes to their positions in UBS. Timber Creek Capital Management LLC grew its holdings in shares of UBS Group by 0.3% in the fourth quarter. Timber Creek Capital Management LLC now owns 117,613 shares of the bank’s stock worth $3,566,000 after purchasing an additional 311 shares during the last quarter. Integrated Wealth Concepts LLC grew its stake in UBS Group by 0.5% in the 4th quarter. Integrated Wealth Concepts LLC now owns 65,889 shares of the bank’s stock worth $1,998,000 after acquiring an additional 320 shares in the last quarter. Allworth Financial LP increased its position in shares of UBS Group by 6.4% during the fourth quarter. Allworth Financial LP now owns 5,528 shares of the bank’s stock worth $168,000 after acquiring an additional 334 shares during the period. Independent Advisor Alliance raised its position in UBS Group by 0.4% during the 4th quarter. Independent Advisor Alliance now owns 85,975 shares of the bank’s stock valued at $2,607,000 after purchasing an additional 339 shares in the last quarter. Finally, Lindbrook Capital LLC raised its holdings in shares of UBS Group by 3.2% in the fourth quarter. Lindbrook Capital LLC now owns 11,247 shares of the bank’s stock valued at $341,000 after acquiring an additional 345 shares in the last quarter.

UBS Group Trading Down 1.1 %

Shares of UBS opened at $31.56 on Friday. The stock has a market capitalization of $101.19 billion, a PE ratio of 20.76 and a beta of 1.15. The company’s fifty day moving average is $33.66 and its 200 day moving average is $32.28. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.05 and a current ratio of 1.06. UBS Group has a fifty-two week low of $26.01 and a fifty-two week high of $35.84.

UBS Group (NYSE:UBS) last posted its earnings results on Tuesday, February 4th. The bank reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.08). UBS Group had a return on equity of 5.93% and a net margin of 6.93%. The business had revenue of $11.06 billion during the quarter, compared to the consensus estimate of $10.90 billion. During the same quarter last year, the firm earned ($0.09) earnings per share. The business’s quarterly revenue was up 1.9% on a year-over-year basis. Sell-side analysts expect that UBS Group will post 1.9 earnings per share for the current fiscal year.

UBS Group Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 16th will be issued a dividend of $0.90 per share. The ex-dividend date is Wednesday, April 16th. This represents a yield of 2.1%. This is a boost from UBS Group’s previous annual dividend of $0.23. UBS Group’s payout ratio is presently 14.47%.

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.