UBS Group (NYSE:UBS) Upgraded to Buy at Deutsche Bank Aktiengesellschaft

UBS Group (NYSE:UBS) was upgraded by research analysts at Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Monday, MarketBeat Ratings reports.

UBS has been the topic of a number of other reports. StockNews.com cut UBS Group from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. Kepler Capital Markets raised UBS Group from a “hold” rating to a “buy” rating in a report on Friday, January 10th. Finally, BNP Paribas raised shares of UBS Group from a “neutral” rating to an “outperform” rating in a report on Friday, January 3rd. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, UBS Group currently has an average rating of “Moderate Buy”.

UBS Group Stock Down 1.3 %

Shares of NYSE:UBS opened at $33.17 on Monday. The stock has a market cap of $106.37 billion, a price-to-earnings ratio of 21.83 and a beta of 1.16. The business’s 50 day moving average is $32.56 and its 200 day moving average is $31.44. UBS Group has a 12-month low of $26.00 and a 12-month high of $35.84. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 3.76.

UBS Group (NYSE:UBS) last posted its earnings results on Tuesday, February 4th. The bank reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.08). UBS Group had a return on equity of 5.93% and a net margin of 6.93%. The firm had revenue of $11.06 billion during the quarter, compared to the consensus estimate of $10.90 billion. During the same quarter in the previous year, the company earned ($0.09) EPS. The business’s revenue was up 1.9% compared to the same quarter last year. On average, sell-side analysts forecast that UBS Group will post 1.95 earnings per share for the current fiscal year.

Hedge Funds Weigh In On UBS Group

A number of large investors have recently added to or reduced their stakes in the business. Sanctuary Advisors LLC bought a new stake in UBS Group in the second quarter valued at approximately $724,000. Valeo Financial Advisors LLC lifted its position in UBS Group by 2.8% during the third quarter. Valeo Financial Advisors LLC now owns 29,893 shares of the bank’s stock valued at $924,000 after buying an additional 810 shares during the period. CHICAGO TRUST Co NA boosted its stake in UBS Group by 15.2% during the third quarter. CHICAGO TRUST Co NA now owns 7,828 shares of the bank’s stock worth $242,000 after acquiring an additional 1,031 shares in the last quarter. Creative Planning grew its stake in shares of UBS Group by 11.6% in the third quarter. Creative Planning now owns 234,010 shares of the bank’s stock worth $7,233,000 after acquiring an additional 24,338 shares during the last quarter. Finally, Zhang Financial LLC grew its holdings in shares of UBS Group by 8.3% during the third quarter. Zhang Financial LLC now owns 34,640 shares of the bank’s stock valued at $1,071,000 after buying an additional 2,640 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.