UBS Group (NYSE:UBS) Downgraded by Zacks Research to “Hold”

UBS Group (NYSE:UBS) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Monday, Zacks reports.

A number of other equities analysts have also recently issued reports on the company. Royal Bank Of Canada restated a “buy” rating on shares of UBS Group in a report on Monday, September 28th. Wall Street Zen downgraded UBS Group from a “buy” rating to a “hold” rating in a report on Sunday, July 26th. Citigroup reiterated a “neutral” rating on shares of UBS Group in a research report on Monday, July 20th. Morgan Stanley reiterated an “underweight” rating on shares of UBS Group in a research report on Wednesday, September 2nd. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of UBS Group in a research note on Wednesday, September 23rd. Six research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, UBS Group currently has a consensus rating of “Hold” and an average price target of $60.30.

UBS Group Price Performance

Shares of UBS opened at $48.00 on Monday. The firm’s 50 day moving average is $50.02 and its 200-day moving average is $47.13. The stock has a market capitalization of $149.94 billion, a P/E ratio of 15.84, a P/E/G ratio of 0.72 and a beta of 1.19. UBS Group has a 12-month low of $36.29 and a 12-month high of $55.99.

UBS Group (NYSE:UBS) last released its earnings results on Wednesday, October 28th. The bank reported $0.85 EPS for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.06). The business had revenue of $13.39 billion during the quarter, compared to the consensus estimate of $13.07 billion. UBS Group had a return on equity of 10.77% and a net margin of 13.36%. The firm’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.76 earnings per share. As a group, equities research analysts forecast that UBS Group will post 3.63 EPS for the current fiscal year.

Institutional Trading of UBS Group

A number of hedge funds have recently modified their holdings of the business. Pinnacle Wealth Planning Services Inc. raised its position in UBS Group by 1.6% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 13,525 shares of the bank’s stock valued at $651,000 after acquiring an additional 219 shares in the last quarter. Net Worth Advisory Group grew its position in UBS Group by 1.5% in the third quarter. Net Worth Advisory Group now owns 18,224 shares of the bank’s stock worth $867,000 after acquiring an additional 277 shares in the last quarter. Trust Point Inc. grew its position in UBS Group by 2.1% in the second quarter. Trust Point Inc. now owns 13,926 shares of the bank’s stock worth $690,000 after acquiring an additional 288 shares in the last quarter. Cim LLC grew its position in UBS Group by 0.7% in the first quarter. Cim LLC now owns 50,095 shares of the bank’s stock worth $1,957,000 after acquiring an additional 332 shares in the last quarter. Finally, MGO One Seven LLC increased its stake in shares of UBS Group by 2.8% during the 3rd quarter. MGO One Seven LLC now owns 12,409 shares of the bank’s stock worth $597,000 after purchasing an additional 335 shares during the last quarter.

Key Headlines Impacting UBS Group

Here are the key news stories impacting UBS Group this week:

• Positive Sentiment: UBS reported 16.7% underlying return on CET1 capital in the third quarter and said it expects to exceed its 2026 profitability target. Revenue growth and cost savings exceeding expectations underpin the improved outlook, which may support investor confidence in earnings and returns. Article: UBS Boosts Profitability Ambitions as Cost Savings Exceed Expectations
• Neutral Sentiment: UBS announced a change to its executive leadership, naming Aleksandar Ivanovic president of its asset-management division. The report did not provide details indicating a change in strategy or financial outlook. Article: UBS Group Announces Changes to its Executive Board
• Neutral Sentiment: CEO Sergio Ermotti said cyber risks now rival traditional banking threats. The comments reinforce the importance of managing operational and technology risks but did not identify a specific incident or financial impact at UBS. Article: UBS CEO Ermotti Says Cyber Risks Rival Traditional Bank Threats

About UBS Group

UBS Group AG is a Switzerland-based global financial services company serving private, institutional and corporate clients. The company provides wealth management, asset management, investment banking and personal and corporate banking services. Its offerings include investment advice, portfolio management, lending, securities and foreign exchange services, financial planning, and banking products for individuals and businesses.

UBS operates through four principal business areas: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank.