UBS Group (NYSE:UBS) Rating Lowered to Sell at Wall Street Zen

UBS Group (NYSE:UBS) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Sunday.

UBS has been the subject of several other reports. Wedbush reiterated a “neutral” rating on shares of UBS Group in a research report on Tuesday, May 27th. Jefferies Financial Group upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Tuesday, June 3rd. Citigroup reiterated a “neutral” rating on shares of UBS Group in a research report on Wednesday, June 11th. Royal Bank Of Canada reiterated an “outperform” rating on shares of UBS Group in a research report on Wednesday, May 21st. Finally, Bank of America upgraded shares of UBS Group from an “underperform” rating to a “neutral” rating in a research report on Tuesday, July 22nd. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

UBS Group Stock Up 0.5%

Shares of NYSE:UBS opened at $40.55 on Friday. UBS Group has a 52-week low of $25.75 and a 52-week high of $40.90. The firm has a fifty day moving average of $38.02 and a 200 day moving average of $33.73. The firm has a market capitalization of $130.00 billion, a PE ratio of 21.45, a price-to-earnings-growth ratio of 0.71 and a beta of 1.21. The company has a debt-to-equity ratio of 3.77, a quick ratio of 1.05 and a current ratio of 1.05.

UBS Group (NYSE:UBS) last announced its earnings results on Wednesday, July 30th. The bank reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.02. UBS Group had a net margin of 9.21% and a return on equity of 7.17%. The company had revenue of $11.55 billion during the quarter, compared to analyst estimates of $9.77 billion. During the same period in the previous year, the business earned $0.34 earnings per share. As a group, research analysts anticipate that UBS Group will post 1.9 EPS for the current fiscal year.

Institutional Trading of UBS Group

Several institutional investors have recently added to or reduced their stakes in the business. City Holding Co. bought a new position in shares of UBS Group during the first quarter valued at about $25,000. Maseco LLP bought a new position in shares of UBS Group during the second quarter valued at about $28,000. Grove Bank & Trust bought a new position in shares of UBS Group during the first quarter valued at about $28,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of UBS Group during the second quarter valued at about $33,000. Finally, Westside Investment Management Inc. raised its stake in shares of UBS Group by 535.2% during the second quarter. Westside Investment Management Inc. now owns 1,137 shares of the bank’s stock valued at $38,000 after acquiring an additional 958 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.