UBS Group AG (NYSE:UBS) Given Consensus Rating of “Moderate Buy” by Analysts

UBS Group AG (NYSE:UBS) has been assigned a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the company, Marketbeat reports. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

UBS has been the subject of a number of analyst reports. Citigroup downgraded UBS Group from a “buy” rating to a “neutral” rating in a report on Tuesday, April 23rd. Morgan Stanley raised UBS Group from an “equal weight” rating to an “overweight” rating in a report on Friday, March 8th. BNP Paribas downgraded UBS Group from an “outperform” rating to a “neutral” rating in a report on Monday, April 22nd. Finally, Societe Generale raised UBS Group from a “hold” rating to a “buy” rating in a report on Wednesday, February 7th.

UBS Group Trading Up 1.3 %

UBS Group stock opened at $27.17 on Friday. The company has a quick ratio of 1.09, a current ratio of 1.10 and a debt-to-equity ratio of 4.23. UBS Group has a 52 week low of $18.71 and a 52 week high of $32.13. The stock has a 50-day moving average price of $29.56 and a 200 day moving average price of $28.34.

UBS Group (NYSE:UBS) last released its earnings results on Tuesday, February 6th. The bank reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.18). UBS Group had a return on equity of 7.56% and a net margin of 43.70%. The firm had revenue of $10.86 billion for the quarter, compared to analyst estimates of $12.06 billion. During the same period last year, the firm earned $0.50 EPS. The company’s revenue for the quarter was up 35.2% compared to the same quarter last year. Research analysts predict that UBS Group will post 0.78 earnings per share for the current year.

UBS Group Increases Dividend

The firm also recently announced an annual dividend, which was paid on Friday, May 3rd. Stockholders of record on Thursday, May 2nd were paid a dividend of $0.228 per share. This represents a dividend yield of 0.82%. This is an increase from UBS Group’s previous annual dividend of $0.18. The ex-dividend date of this dividend was Wednesday, May 1st. UBS Group’s dividend payout ratio is presently 2.56%.

Institutional Trading of UBS Group

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Anchor Investment Management LLC acquired a new stake in UBS Group during the fourth quarter worth about $28,000. Cary Street Partners Investment Advisory LLC increased its holdings in shares of UBS Group by 61.8% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 1,340 shares of the bank’s stock worth $33,000 after buying an additional 512 shares during the last quarter. Opal Wealth Advisors LLC purchased a new stake in shares of UBS Group during the 1st quarter valued at approximately $42,000. Larson Financial Group LLC lifted its holdings in UBS Group by 5,742.3% in the first quarter. Larson Financial Group LLC now owns 1,519 shares of the bank’s stock valued at $47,000 after acquiring an additional 1,493 shares during the last quarter. Finally, First Horizon Advisors Inc. grew its position in UBS Group by 91.2% in the fourth quarter. First Horizon Advisors Inc. now owns 1,543 shares of the bank’s stock worth $48,000 after acquiring an additional 736 shares during the period.

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.