UBS Group AG (NYSE:UBS) Receives Consensus Rating of “Hold” from Analysts

Shares of UBS Group AG (NYSE:UBS) have earned a consensus rating of “Hold” from the ten analysts that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and four have issued a buy recommendation on the company. The average 1-year target price among brokers that have covered the stock in the last year is $60.30.

A number of equities research analysts have recently commented on UBS shares. Barclays upgraded UBS Group from an “underweight” rating to an “equal weight” rating in a research note on Monday, April 20th. Weiss Ratings cut UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Citigroup reiterated a “neutral” rating on shares of UBS Group in a research note on Thursday, April 23rd. Royal Bank Of Canada reiterated an “outperform” rating on shares of UBS Group in a research note on Thursday, May 7th. Finally, Morgan Stanley reiterated an “underweight” rating on shares of UBS Group in a research note on Thursday, April 23rd.

Institutional Investors Weigh In On UBS Group

Hedge funds have recently made changes to their positions in the business. Legacy Capital Group California Inc. raised its stake in UBS Group by 0.6% in the 4th quarter. Legacy Capital Group California Inc. now owns 39,471 shares of the bank’s stock valued at $1,828,000 after acquiring an additional 239 shares during the period. U.S. Capital Wealth Advisors LLC raised its stake in UBS Group by 1.3% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 19,905 shares of the bank’s stock valued at $922,000 after acquiring an additional 260 shares during the period. Parallel Advisors LLC raised its stake in UBS Group by 1.9% in the 3rd quarter. Parallel Advisors LLC now owns 14,905 shares of the bank’s stock valued at $611,000 after acquiring an additional 271 shares during the period. Perigon Wealth Management LLC raised its stake in UBS Group by 3.9% in the 4th quarter. Perigon Wealth Management LLC now owns 7,551 shares of the bank’s stock valued at $350,000 after acquiring an additional 284 shares during the period. Finally, Allworth Financial LP raised its stake in UBS Group by 4.2% in the 3rd quarter. Allworth Financial LP now owns 7,115 shares of the bank’s stock valued at $292,000 after acquiring an additional 288 shares during the period.

UBS Group Price Performance

UBS opened at $50.80 on Friday. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.85 and a quick ratio of 1.19. The company has a market capitalization of $158.70 billion, a price-to-earnings ratio of 18.21, a P/E/G ratio of 0.85 and a beta of 1.19. The firm’s fifty day moving average price is $45.73 and its two-hundred day moving average price is $43.88. UBS Group has a 1 year low of $30.36 and a 1 year high of $51.12.

UBS Group (NYSE:UBS) last released its earnings results on Wednesday, April 29th. The bank reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.09. The company had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $13.16 billion. UBS Group had a return on equity of 10.05% and a net margin of 12.66%. As a group, analysts anticipate that UBS Group will post 3.33 earnings per share for the current fiscal year.

About UBS Group

UBS Group AG is a Swiss multinational financial services firm that provides a broad range of banking and capital markets services to private, institutional and corporate clients. Headquartered in Zurich, UBS operates as a universal bank with a primary focus on wealth management, asset management, investment banking and retail and commercial banking in Switzerland. The firm serves high-net-worth and ultra-high-net-worth individuals, pension funds, corporations and institutional investors through a global network of offices.

Key business activities include global wealth management—offering financial planning, investment advisory, discretionary portfolio management and custody services—alongside asset management products for institutional and retail investors.