UBS Group (NYSE:UBS) Upgraded to Buy at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft upgraded shares of UBS Group (NYSE:UBS) from a hold rating to a buy rating in a research report released on Monday, Marketbeat Ratings reports.

A number of other analysts also recently issued reports on UBS. Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. StockNews.com lowered UBS Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. Finally, BNP Paribas raised shares of UBS Group from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

UBS Group Stock Up 0.6 %

UBS stock opened at $33.61 on Monday. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 3.76. The stock has a market cap of $107.77 billion, a P/E ratio of 22.11 and a beta of 1.16. UBS Group has a 1-year low of $26.00 and a 1-year high of $35.84. The stock’s fifty day simple moving average is $32.54 and its two-hundred day simple moving average is $31.42.

UBS Group (NYSE:UBS) last issued 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 for the quarter, compared to the consensus estimate of $10.90 billion. During the same quarter in the prior year, the business earned ($0.09) EPS. UBS Group’s revenue for the quarter was up 1.9% compared to the same quarter last year. Analysts expect that UBS Group will post 1.95 EPS for the current year.

UBS Group Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, April 16th will be given a dividend of $0.90 per share. This represents a yield of 2.1%. This is a boost from UBS Group’s previous annual dividend of $0.23. The ex-dividend date of this dividend is Wednesday, April 16th. UBS Group’s payout ratio is presently 15.13%.

Institutional Trading of UBS Group

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Generali Asset Management SPA SGR purchased a new stake in shares of UBS Group in the fourth quarter worth $19,026,000. Thrivent Financial for Lutherans boosted its stake in UBS Group by 3.3% during the 4th quarter. Thrivent Financial for Lutherans now owns 16,302 shares of the bank’s stock valued at $531,000 after purchasing an additional 527 shares during the last quarter. PDS Planning Inc increased its holdings in shares of UBS Group by 6.7% in the 4th quarter. PDS Planning Inc now owns 17,556 shares of the bank’s stock worth $532,000 after purchasing an additional 1,101 shares in the last quarter. Signaturefd LLC raised its stake in shares of UBS Group by 5.6% in the fourth quarter. Signaturefd LLC now owns 78,725 shares of the bank’s stock worth $2,387,000 after purchasing an additional 4,178 shares during the last quarter. Finally, Parallel Advisors LLC lifted its holdings in shares of UBS Group by 13.7% during the fourth quarter. Parallel Advisors LLC now owns 19,129 shares of the bank’s stock valued at $580,000 after purchasing an additional 2,305 shares in 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.