UBS Group (NYSE:UBS) Lowered to “Hold” Rating by StockNews.com

StockNews.com downgraded shares of UBS Group (NYSE:UBS) from a buy rating to a hold rating in a research report released on Wednesday morning.

UBS has been the subject of several other research reports. BNP Paribas upgraded UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. Kepler Capital Markets upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

UBS Group Stock Down 1.2 %

UBS Group stock opened at $34.67 on Wednesday. UBS Group has a 52 week low of $26.00 and a 52 week high of $35.10. The stock has a market cap of $111.18 billion, a price-to-earnings ratio of 28.89 and a beta of 1.15. The company’s 50-day moving average price is $31.78 and its two-hundred day moving average price is $31.06. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.87.

UBS Group (NYSE:UBS) last posted its quarterly earnings data on Wednesday, October 30th. The bank reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.15. The business had revenue of $19.31 billion for the quarter, compared to analyst estimates of $11.20 billion. UBS Group had a net margin of 5.13% and a return on equity of 4.69%. During the same quarter last year, the business earned ($0.24) earnings per share. On average, analysts expect that UBS Group will post 1.53 EPS for the current fiscal year.

Institutional Investors Weigh In On UBS Group

Several hedge funds have recently modified their holdings of UBS. Orca Wealth Management LLC acquired a new stake in UBS Group during the 4th quarter worth about $1,826,000. Perigon Wealth Management LLC increased its position in shares of UBS Group by 6.8% in the fourth quarter. Perigon Wealth Management LLC now owns 11,907 shares of the bank’s stock worth $395,000 after acquiring an additional 754 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of UBS Group by 30.5% during the fourth quarter. Blue Trust Inc. now owns 49,791 shares of the bank’s stock valued at $1,539,000 after acquiring an additional 11,638 shares during the period. Berbice Capital Management LLC purchased a new stake in shares of UBS Group in the 4th quarter valued at approximately $27,000. Finally, SG Americas Securities LLC acquired a new position in UBS Group in the 4th quarter worth approximately $198,000.

UBS Group Company Profile

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.