Shares of UBS Group AG (NYSE:UBS) have received a consensus rating of “Hold” from the ten analysts that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation and five have issued a buy recommendation on the company.
Several research firms have commented on UBS. ValuEngine upgraded shares of UBS Group from a “strong sell” rating to a “sell” rating in a research report on Tuesday, September 4th. JPMorgan Chase & Co. restated a “buy” rating on shares of UBS Group in a research report on Monday, June 4th. Societe Generale upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Wednesday, July 25th. Finally, Zacks Investment Research upgraded shares of UBS Group from a “sell” rating to a “hold” rating in a research report on Monday, August 6th.
Shares of NYSE:UBS traded down $0.08 during trading on Friday, reaching $16.57. 66,569 shares of the company’s stock traded hands, compared to its average volume of 1,163,654. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 2.71. UBS Group has a 12 month low of $14.89 and a 12 month high of $20.89. The company has a market cap of $61.55 billion, a PE ratio of 15.56 and a beta of 1.28.
UBS Group (NYSE:UBS) last announced its quarterly earnings data on Monday, July 23rd. The bank reported $0.41 earnings per share for the quarter. UBS Group had a net margin of 4.08% and a return on equity of 9.45%. The business had revenue of $7.70 billion during the quarter. research analysts forecast that UBS Group will post 1.51 EPS for the current fiscal year.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Brandes Investment Partners LP lifted its stake in shares of UBS Group by 8.0% in the 2nd quarter. Brandes Investment Partners LP now owns 4,101,567 shares of the bank’s stock worth $62,918,000 after acquiring an additional 303,149 shares during the period. Wells Fargo & Company MN lifted its stake in shares of UBS Group by 19.8% in the 2nd quarter. Wells Fargo & Company MN now owns 11,170,651 shares of the bank’s stock worth $171,358,000 after acquiring an additional 1,844,479 shares during the period. Synovus Financial Corp lifted its stake in shares of UBS Group by 8.1% in the 2nd quarter. Synovus Financial Corp now owns 117,227 shares of the bank’s stock worth $1,799,000 after acquiring an additional 8,808 shares during the period. Koch Industries Inc. acquired a new stake in shares of UBS Group in the 1st quarter worth approximately $208,000. Finally, Commonwealth Bank of Australia lifted its stake in shares of UBS Group by 4.9% in the 2nd quarter. Commonwealth Bank of Australia now owns 556,256 shares of the bank’s stock worth $8,524,000 after acquiring an additional 25,770 shares during the period. Hedge funds and other institutional investors own 31.92% of the company’s stock.
About UBS Group
UBS Group AG, together with its subsidiaries, provides financial advice and solutions worldwide. It operates through five divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management, and Investment Bank. The Wealth Management division offers advisory and financial services to wealthy private clients.
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