UBS Group (NYSE:UBS) Downgraded by Morgan Stanley to Equal Weight

UBS Group (NYSE:UBS) was downgraded by research analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a research report issued to clients and investors on Thursday,Briefing.com Automated Import reports.

Several other analysts have also recently commented on the company. Deutsche Bank Aktiengesellschaft upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Monday, February 10th. StockNews.com lowered UBS Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. BNP Paribas raised UBS Group from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. Finally, Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a report on Friday, January 10th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, UBS Group has an average rating of “Hold”.

UBS Group Price Performance

UBS opened at $33.80 on Thursday. The business’s 50-day moving average is $32.72 and its two-hundred day moving average is $31.62. UBS Group has a 1 year low of $26.00 and a 1 year high of $35.84. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.06 and a quick ratio of 1.05. The firm has a market capitalization of $108.36 billion, a PE ratio of 22.23 and a beta of 1.16.

UBS Group (NYSE:UBS) last released its earnings results on Tuesday, February 4th. The bank reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.08). The firm had revenue of $11.06 billion for the quarter, compared to analyst estimates of $10.90 billion. UBS Group had a return on equity of 5.93% and a net margin of 6.93%. The company’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same period last year, the firm earned ($0.09) EPS. Research analysts anticipate that UBS Group will post 1.9 earnings per share for the current fiscal year.

Institutional Investors Weigh In On UBS Group

A number of institutional investors have recently added to or reduced their stakes in UBS. Norges Bank acquired a new stake in UBS Group in the fourth quarter worth approximately $5,594,066,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its position in shares of UBS Group by 162.6% during the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 28,307,335 shares of the bank’s stock valued at $858,359,000 after acquiring an additional 17,525,749 shares during the last quarter. FMR LLC lifted its position in shares of UBS Group by 29.4% during the 4th quarter. FMR LLC now owns 55,533,620 shares of the bank’s stock valued at $1,695,087,000 after acquiring an additional 12,609,616 shares during the last quarter. Caisse Des Depots ET Consignations acquired a new stake in shares of UBS Group during the 4th quarter valued at $233,591,000. Finally, SIH Partners LLLP acquired a new stake in shares of UBS Group during the 4th quarter valued at $214,546,000.

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.