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

UBS Group AG (NYSE:UBS) has been given a consensus recommendation of “Moderate Buy” by the six brokerages that are covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

Several equities research analysts have issued reports on the stock. Kepler Capital Markets upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, January 10th. BNP Paribas raised shares of UBS Group from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. Finally, StockNews.com raised UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, November 1st.

UBS Group Stock Performance

NYSE:UBS opened at $34.05 on Friday. The company has a debt-to-equity ratio of 3.87, a current ratio of 1.05 and a quick ratio of 1.05. The firm has a market cap of $109.17 billion, a PE ratio of 28.37 and a beta of 1.15. The firm has a 50 day simple moving average of $31.69 and a 200-day simple moving average of $30.99. UBS Group has a 1-year low of $26.00 and a 1-year high of $34.11.

UBS Group (NYSE:UBS) last issued its quarterly 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. The company had revenue of $19.31 billion during the quarter, compared to the consensus estimate of $11.20 billion. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. During the same period in the previous year, the firm posted ($0.24) EPS. On average, equities analysts expect that UBS Group will post 1.53 EPS for the current year.

Institutional Trading of UBS Group

A number of large investors have recently modified their holdings of UBS. Commerce Bank grew its stake in shares of UBS Group by 3.9% in the third quarter. Commerce Bank now owns 9,278 shares of the bank’s stock worth $287,000 after purchasing an additional 346 shares in the last quarter. Rosenberg Matthew Hamilton lifted its holdings in UBS Group by 15.6% in the third quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank’s stock worth $81,000 after purchasing an additional 355 shares during the period. TD Private Client Wealth LLC grew its position in UBS Group by 3.2% in the 3rd quarter. TD Private Client Wealth LLC now owns 12,813 shares of the bank’s stock valued at $396,000 after buying an additional 394 shares in the last quarter. Parallel Advisors LLC increased its stake in UBS Group by 2.6% during the 2nd quarter. Parallel Advisors LLC now owns 16,552 shares of the bank’s stock valued at $489,000 after buying an additional 420 shares during the period. Finally, Mesirow Financial Investment Management Inc. raised its position in shares of UBS Group by 4.3% during the 2nd quarter. Mesirow Financial Investment Management Inc. now owns 10,511 shares of the bank’s stock worth $311,000 after buying an additional 437 shares in the last quarter.

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.