UBS Group AG (NYSE:UBS) Given Consensus Rating of “Hold” by Analysts

Shares of UBS Group AG (NYSE:UBS) have earned a consensus recommendation of “Hold” from the five analysts that are currently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

Several analysts recently weighed in on UBS shares. StockNews.com upgraded UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. Bank of America assumed coverage on UBS Group in a research note on Thursday, September 19th. They set a “neutral” rating for the company.

UBS Group Stock Performance

Shares of NYSE UBS opened at $31.40 on Wednesday. The company has a debt-to-equity ratio of 3.87, a quick ratio of 1.05 and a current ratio of 1.05. The firm has a market cap of $100.68 billion, a price-to-earnings ratio of 26.17 and a beta of 1.14. The business’s 50-day simple moving average is $32.03 and its 200-day simple moving average is $30.89. UBS Group has a 52 week low of $26.00 and a 52 week high of $33.34.

UBS Group (NYSE:UBS) last announced its earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.15. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. The firm had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $11.20 billion. During the same quarter in the prior year, the company earned ($0.24) EPS. As a group, equities research analysts expect that UBS Group will post 1.73 earnings per share for the current fiscal year.

Institutional Trading of UBS Group

Several institutional investors have recently modified their holdings of UBS. Legal & General Group Plc grew its holdings in shares of UBS Group by 11,313.2% during the 2nd quarter. Legal & General Group Plc now owns 41,389,783 shares of the bank’s stock worth $1,218,317,000 after purchasing an additional 41,027,134 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in UBS Group by 11.3% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 54,060,137 shares of the bank’s stock valued at $1,591,242,000 after buying an additional 5,508,422 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in UBS Group by 6.1% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 57,349,524 shares of the bank’s stock valued at $1,771,713,000 after buying an additional 3,289,387 shares in the last quarter. Susquehanna International Securities Ltd. boosted its stake in UBS Group by 162.3% in the 2nd quarter. Susquehanna International Securities Ltd. now owns 5,016,425 shares of the bank’s stock valued at $148,185,000 after buying an additional 3,103,747 shares in the last quarter. Finally, Wellington Management Group LLP boosted its stake in UBS Group by 20.2% in the 3rd quarter. Wellington Management Group LLP now owns 13,708,623 shares of the bank’s stock valued at $423,504,000 after buying an additional 2,307,033 shares in the last quarter.

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.