UBS Group AG (NYSE:UBS) Given Average Rating of “Moderate Buy” by Analysts

Shares of UBS Group AG (NYSE:UBS) have received a consensus recommendation of “Moderate Buy” from the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

A number of brokerages have recently commented on UBS. Morgan Stanley upgraded shares of UBS Group from an “equal weight” rating to an “overweight” rating in a research report on Friday, March 8th. Societe Generale upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Wednesday, February 7th. Citigroup cut shares of UBS Group from a “buy” rating to a “neutral” rating in a research report on Tuesday, April 23rd. Finally, BNP Paribas cut shares of UBS Group from an “outperform” rating to a “neutral” rating in a research report on Monday, April 22nd.

Institutional Investors Weigh In On UBS Group

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Syntal Capital Partners LLC acquired a new stake in shares of UBS Group during the third quarter valued at about $515,000. NatWest Group plc increased its position in shares of UBS Group by 43.1% during the fourth quarter. NatWest Group plc now owns 74,947 shares of the bank’s stock valued at $2,316,000 after acquiring an additional 22,562 shares during the last quarter. Levin Capital Strategies L.P. increased its position in shares of UBS Group by 7.2% during the fourth quarter. Levin Capital Strategies L.P. now owns 1,155,312 shares of the bank’s stock valued at $35,699,000 after acquiring an additional 78,067 shares during the last quarter. U.S. Capital Wealth Advisors LLC acquired a new stake in shares of UBS Group during the fourth quarter valued at about $362,000. Finally, Signaturefd LLC increased its position in shares of UBS Group by 13.9% during the third quarter. Signaturefd LLC now owns 64,633 shares of the bank’s stock valued at $1,593,000 after acquiring an additional 7,903 shares during the last quarter.

UBS Group Price Performance

Shares of NYSE UBS opened at $28.83 on Friday. The firm has a 50-day simple moving average of $29.55 and a 200-day simple moving average of $28.47. The company has a current ratio of 1.10, a quick ratio of 1.09 and a debt-to-equity ratio of 4.23. UBS Group has a 52 week low of $18.76 and a 52 week high of $32.13.

UBS Group (NYSE:UBS) last issued its earnings results on Tuesday, February 6th. The bank reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.18). The business had revenue of $10.86 billion during the quarter, compared to analyst estimates of $12.06 billion. UBS Group had a net margin of 43.70% and a return on equity of 7.56%. UBS Group’s quarterly revenue was up 35.2% on a year-over-year basis. During the same quarter last year, the company earned $0.50 earnings per share. Equities research analysts predict that UBS Group will post 0.78 EPS for the current year.

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.