UBS Group (NYSE:UBS) Shares Pass Above Two Hundred Day Moving Average – Time to Sell?

UBS Group AG (NYSE:UBS)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $46.16 and traded as high as $54.74. UBS Group shares last traded at $54.51, with a volume of 1,204,402 shares changing hands.

Analyst Upgrades and Downgrades

UBS has been the subject of a number of research analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of UBS Group in a research note on Friday, July 31st. Wall Street Zen downgraded shares of UBS Group from a “buy” rating to a “hold” rating in a research note on Sunday, July 26th. Royal Bank Of Canada reissued an “outperform” rating on shares of UBS Group in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of UBS Group in a research report on Monday, June 29th. Finally, Zacks Research upgraded shares of UBS Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $60.30.

UBS Group Trading Up 1.0%

The company has a quick ratio of 1.19, a current ratio of 1.02 and a debt-to-equity ratio of 3.84. The firm’s 50 day moving average is $52.36 and its two-hundred day moving average is $46.23. The stock has a market cap of $171.47 billion, a price-to-earnings ratio of 18.67, a price-to-earnings-growth ratio of 0.82 and a beta of 1.18.

UBS Group (NYSE:UBS) last posted its earnings results on Wednesday, July 29th. The bank reported $0.87 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.03). The company had revenue of $13.35 billion for the quarter, compared to the consensus estimate of $13.40 billion. UBS Group had a net margin of 13.10% and a return on equity of 10.50%. The firm’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same period last year, the company posted $0.72 earnings per share. Equities analysts anticipate that UBS Group AG will post 3.6 EPS for the current year.

Institutional Investors Weigh In On UBS Group

Several large investors have recently added to or reduced their stakes in the stock. Leonteq Securities AG bought a new position in UBS Group in the 4th quarter worth about $16,512,000. Havemeyer Place LP acquired a new position in shares of UBS Group during the fourth quarter worth approximately $1,085,000. Allspring Global Investments Holdings LLC acquired a new position in shares of UBS Group during the first quarter worth approximately $1,740,000. Generali Asset Management SPA SGR grew its holdings in UBS Group by 6.1% in the 4th quarter. Generali Asset Management SPA SGR now owns 2,480,242 shares of the bank’s stock worth $114,860,000 after buying an additional 142,490 shares in the last quarter. Finally, SEB Asset Management AB bought a new position in UBS Group in the 1st quarter worth approximately $44,326,000.

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.