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

Shares of UBS Group AG (NYSE:UBS) have earned an average rating of “Hold” from the five ratings firms that are presently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

Several equities analysts recently commented on the company. Bank of America began coverage on UBS Group in a research note on Thursday, September 19th. They issued a “neutral” rating for the company. StockNews.com lowered shares of UBS Group from a “buy” rating to a “hold” rating in a report on Friday, August 23rd.

Institutional Investors Weigh In On UBS Group

A number of institutional investors have recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC lifted its stake in shares of UBS Group by 82.2% in the 1st quarter. Commonwealth Equity Services LLC now owns 63,148 shares of the bank’s stock valued at $1,940,000 after purchasing an additional 28,494 shares in the last quarter. M&G Plc purchased a new stake in UBS Group during the first quarter worth approximately $173,678,000. O Shaughnessy Asset Management LLC raised its stake in shares of UBS Group by 9.0% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 496,213 shares of the bank’s stock valued at $15,246,000 after acquiring an additional 40,911 shares during the period. Norden Group LLC acquired a new position in shares of UBS Group during the 1st quarter valued at $806,000. Finally, Toronto Dominion Bank lifted its holdings in shares of UBS Group by 286.3% during the 2nd quarter. Toronto Dominion Bank now owns 272,309 shares of the bank’s stock valued at $8,044,000 after acquiring an additional 201,809 shares in the last quarter.

UBS Group Price Performance

NYSE:UBS opened at $32.39 on Tuesday. UBS Group has a 12-month low of $23.23 and a 12-month high of $32.88. The firm has a market cap of $103.84 billion, a price-to-earnings ratio of 61.10 and a beta of 1.15. The company’s 50-day moving average is $30.82 and its two-hundred day moving average is $30.15. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 4.07.

UBS Group (NYSE:UBS) last announced its earnings results on Wednesday, August 14th. The bank reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.22. The firm had revenue of $11.90 billion for the quarter, compared to analyst estimates of $11.26 billion. UBS Group had a net margin of 2.31% and a return on equity of 2.14%. During the same quarter last year, the business earned $1.88 earnings per share. Research analysts expect that UBS Group will post 1.68 EPS for the current year.

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.