UBS Group (NYSE:UBS – Get Free Report) was upgraded by equities researchers at Kepler Capital Markets from a “hold” rating to a “buy” rating in a note issued to investors on Friday, MarketBeat reports.
Other analysts also recently issued research reports about the stock. BNP Paribas upgraded shares of UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. StockNews.com raised UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. Finally, Bank of America assumed coverage on UBS Group in a research note on Thursday, September 19th. They set a “neutral” rating on the stock. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.
Check Out Our Latest Research Report on UBS Group
UBS Group Stock Down 0.5 %
UBS Group (NYSE:UBS – Get Free Report) last posted its earnings results on Wednesday, October 30th. The bank reported $0.43 EPS for the quarter, beating 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 company had revenue of $19.31 billion for the quarter, compared to analysts’ expectations of $11.20 billion. During the same quarter in the prior year, the company posted ($0.24) earnings per share. On average, equities research analysts anticipate that UBS Group will post 1.73 EPS for the current year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC increased its position in shares of UBS Group by 1.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 106,019 shares of the bank’s stock valued at $3,277,000 after purchasing an additional 1,114 shares during the last quarter. Versant Capital Management Inc purchased a new position in UBS Group in the fourth quarter valued at $40,000. Logan Capital Management Inc. increased its holdings in UBS Group by 4.2% in the third quarter. Logan Capital Management Inc. now owns 88,025 shares of the bank’s stock valued at $2,721,000 after buying an additional 3,540 shares during the last quarter. Oddo BHF Asset Management Sas acquired a new stake in UBS Group in the third quarter valued at $391,000. Finally, Inspire Trust Co. N.A. lifted its holdings in UBS Group by 36.6% during the 3rd quarter. Inspire Trust Co. N.A. now owns 104,417 shares of the bank’s stock worth $3,228,000 after buying an additional 28,000 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.
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