UBS Group (NYSE:UBS) Upgraded by Wall Street Zen to “Hold” Rating

Wall Street Zen upgraded shares of UBS Group (NYSE:UBS) from a sell rating to a hold rating in a report released on Saturday.

Other research analysts have also recently issued research reports about the stock. Morgan Stanley reissued an “underweight” rating on shares of UBS Group in a report on Monday, October 6th. Zacks Research raised shares of UBS Group to a “strong-buy” rating in a report on Friday, August 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of UBS Group in a report on Thursday, August 14th. Bank of America raised shares of UBS Group from an “underperform” rating to a “neutral” rating in a report on Tuesday, July 22nd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of UBS Group in a report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, UBS Group presently has an average rating of “Moderate Buy”.

UBS Group Stock Up 0.9%

UBS stock opened at $38.36 on Friday. The stock has a market capitalization of $123.00 billion, a P/E ratio of 17.28, a price-to-earnings-growth ratio of 0.66 and a beta of 1.18. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.77. UBS Group has a 12 month low of $25.75 and a 12 month high of $42.56. The firm has a 50-day moving average price of $40.13 and a 200-day moving average price of $36.11.

UBS Group (NYSE:UBS) last posted its earnings results on Wednesday, October 29th. The bank reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.28. The firm had revenue of $12.20 billion during the quarter, compared to analysts’ expectations of $9.68 billion. UBS Group had a net margin of 11.02% and a return on equity of 8.37%. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.43 earnings per share. As a group, equities research analysts anticipate that UBS Group will post 1.9 EPS for the current fiscal year.

Institutional Trading of UBS Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in UBS. Maseco LLP acquired a new stake in UBS Group during the 2nd quarter valued at approximately $28,000. Flagship Wealth Advisors LLC acquired a new stake in UBS Group during the 3rd quarter valued at approximately $29,000. Twin Peaks Wealth Advisors LLC acquired a new stake in UBS Group during the 2nd quarter valued at approximately $33,000. Private Trust Co. NA increased its position in UBS Group by 75.2% during the 3rd quarter. Private Trust Co. NA now owns 853 shares of the bank’s stock valued at $35,000 after purchasing an additional 366 shares during the period. Finally, Quarry LP acquired a new stake in UBS Group during the 1st quarter valued at approximately $37,000.

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.