UBS Group AG (NYSE:UBS) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of UBS Group AG (NYSE:UBS) have received an average rating of “Moderate Buy” from the six research firms that are covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

UBS has been the subject of a number of recent analyst reports. Citigroup cut shares of UBS Group from a “buy” rating to a “neutral” rating in a research report on Tuesday, April 23rd. BNP Paribas cut shares of UBS Group from an “outperform” rating to a “neutral” rating in a report on Monday, April 22nd. Finally, Morgan Stanley upgraded shares of UBS Group from an “equal weight” rating to an “overweight” rating in a report on Friday, March 8th.

UBS Group Price Performance

Shares of UBS opened at $29.54 on Friday. UBS Group has a 1-year low of $19.25 and a 1-year high of $32.13. The stock has a market cap of $94.72 billion, a PE ratio of 3.22 and a beta of 1.16. The firm has a 50-day simple moving average of $29.81 and a two-hundred day simple moving average of $29.73. The company has a debt-to-equity ratio of 4.00, a current ratio of 1.08 and a quick ratio of 1.08.

UBS Group (NYSE:UBS) last announced its quarterly earnings results on Tuesday, May 7th. The bank reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.29. UBS Group had a net margin of 39.78% and a return on equity of 7.78%. The business had revenue of $12.74 billion during the quarter, compared to analysts’ expectations of $12.05 billion. As a group, analysts forecast that UBS Group will post 0.78 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in UBS. Norges Bank purchased a new position in UBS Group in the fourth quarter worth approximately $5,004,151,000. Pzena Investment Management LLC lifted its stake in UBS Group by 392.8% in the fourth quarter. Pzena Investment Management LLC now owns 30,145,113 shares of the bank’s stock worth $931,484,000 after acquiring an additional 24,027,505 shares during the last quarter. Vanguard Group Inc. lifted its stake in UBS Group by 6.8% in the fourth quarter. Vanguard Group Inc. now owns 113,982,749 shares of the bank’s stock worth $3,522,067,000 after acquiring an additional 7,249,527 shares during the last quarter. M&G Plc purchased a new position in UBS Group in the first quarter worth approximately $173,678,000. Finally, WCM Investment Management LLC lifted its stake in UBS Group by 6,797.0% in the fourth quarter. WCM Investment Management LLC now owns 4,635,670 shares of the bank’s stock worth $143,567,000 after acquiring an additional 4,568,457 shares during 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.