UBS Group (NYSE:UBS) Reaches New 1-Year High – Still a Buy?

UBS Group AG (NYSE:UBS) reached a new 52-week high on Monday . The stock traded as high as $47.45 and last traded at $47.66, with a volume of 15356 shares changing hands. The stock had previously closed at $47.10.

Analysts Set New Price Targets

UBS has been the subject of several recent analyst reports. Wall Street Zen raised shares of UBS Group from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Citigroup reaffirmed a “neutral” rating on shares of UBS Group in a research report on Monday, November 3rd. BNP Paribas cut shares of UBS Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. Zacks Research raised UBS Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 17th. Finally, Bank of America raised UBS Group from a “neutral” rating to a “buy” rating and raised their price target for the stock from $44.00 to $60.30 in a research report on Tuesday, December 16th. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $60.30.

UBS Group Price Performance

The company has a market capitalization of $149.52 billion, a P/E ratio of 21.58, a price-to-earnings-growth ratio of 0.43 and a beta of 1.12. The company has a fifty day moving average price of $41.06 and a 200 day moving average price of $39.31. The company has a debt-to-equity ratio of 3.69, a current ratio of 1.03 and a quick ratio of 1.03.

UBS Group (NYSE:UBS) last released its earnings results on Wednesday, October 29th. The bank reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.28. The firm had revenue of $12.76 billion for the quarter, compared to analyst estimates of $9.68 billion. UBS Group had a return on equity of 8.31% and a net margin of 11.02%.UBS Group’s revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.43 earnings per share. On average, sell-side analysts forecast that UBS Group AG will post 1.9 EPS for the current fiscal year.

Institutional Trading of UBS Group

Several large investors have recently added to or reduced their stakes in the company. Parallel Advisors LLC boosted its position in UBS Group by 1.9% during the 3rd quarter. Parallel Advisors LLC now owns 14,905 shares of the bank’s stock worth $611,000 after acquiring an additional 271 shares during the last quarter. Checchi Capital Advisers LLC raised its stake in UBS Group by 1.2% during the third quarter. Checchi Capital Advisers LLC now owns 24,868 shares of the bank’s stock worth $1,020,000 after buying an additional 287 shares during the last quarter. Allworth Financial LP raised its stake in UBS Group by 4.2% during the 3rd quarter. Allworth Financial LP now owns 7,115 shares of the bank’s stock worth $292,000 after buying an additional 288 shares during the period. Coldstream Capital Management Inc. grew its position in UBS Group by 1.1% in the 2nd quarter. Coldstream Capital Management Inc. now owns 26,179 shares of the bank’s stock worth $885,000 after purchasing an additional 290 shares in the last quarter. Finally, Arkadios Wealth Advisors lifted its position in shares of UBS Group by 3.1% during the 3rd quarter. Arkadios Wealth Advisors now owns 9,877 shares of the bank’s stock valued at $405,000 after buying an additional 301 shares during the last quarter.

UBS Group Company Profile

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.