UBS Group (NYSE:UBS) Lowered to Moderate Sell Rating by Keefe, Bruyette & Woods

UBS Group (NYSE:UBS) was downgraded by equities research analysts at Keefe, Bruyette & Woods from a “hold” rating to a “moderate sell” rating in a report released on Friday,Zacks.com reports.

A number of other analysts also recently issued reports on the stock. BNP Paribas downgraded shares of UBS Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of UBS Group in a report on Thursday, August 14th. Citigroup reiterated a “neutral” rating on shares of UBS Group in a research report on Monday. Weiss Ratings restated a “buy (b)” rating on shares of UBS Group in a report on Wednesday, October 8th. Finally, Bank of America raised UBS Group from an “underperform” rating to a “neutral” rating in a report on Tuesday, July 22nd. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy”.

UBS Group Stock Up 0.6%

UBS stock opened at $38.27 on Friday. The company has a market cap of $122.72 billion, a price-to-earnings ratio of 17.24, a P/E/G ratio of 0.66 and a beta of 1.20. The company has a debt-to-equity ratio of 3.77, a quick ratio of 1.05 and a current ratio of 1.05. The business’s 50-day moving average is $39.90 and its two-hundred day moving average is $36.40. UBS Group has a fifty-two week low of $25.75 and a fifty-two week high of $42.56.

UBS Group (NYSE:UBS) last issued its quarterly earnings data on Wednesday, October 29th. The bank reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.28. UBS Group had a net margin of 11.02% and a return on equity of 8.37%. The firm had revenue of $12.20 billion during the quarter, compared to the consensus estimate of $9.68 billion. During the same quarter in the previous year, the firm posted $0.43 EPS. The company’s revenue for the quarter was up 4.3% compared to the same quarter last year. As a group, analysts forecast that UBS Group will post 1.9 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Concurrent Investment Advisors LLC purchased a new stake in shares of UBS Group in the first quarter worth approximately $280,000. Envestnet Asset Management Inc. boosted its holdings in UBS Group by 2.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,716,424 shares of the bank’s stock valued at $52,574,000 after acquiring an additional 37,391 shares during the period. Allworth Financial LP grew its position in UBS Group by 47.1% in the 1st quarter. Allworth Financial LP now owns 8,134 shares of the bank’s stock valued at $242,000 after acquiring an additional 2,606 shares during the last quarter. Cerity Partners LLC increased its stake in UBS Group by 88.4% in the first quarter. Cerity Partners LLC now owns 173,036 shares of the bank’s stock worth $5,300,000 after purchasing an additional 81,214 shares during the period. Finally, Genus Capital Management Inc. lifted its position in shares of UBS Group by 200.0% during the first quarter. Genus Capital Management Inc. now owns 6,930 shares of the bank’s stock worth $212,000 after purchasing an additional 13,860 shares during the last quarter.

About UBS Group

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.