UBS Group AG (NYSE:UBS) Receives Consensus Rating of “Hold” from Analysts

UBS Group AG (NYSE:UBS) has been given an average recommendation of “Hold” by the six brokerages that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company.

Several equities analysts have issued reports on UBS shares. Morgan Stanley lowered shares of UBS Group from an “overweight” rating to an “equal weight” rating in a report on Thursday, February 20th. Bank of America downgraded UBS Group from a “neutral” rating to an “underperform” rating in a research note on Thursday. BNP Paribas upgraded UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a research note on Friday, January 10th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research note on Monday, February 10th.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of UBS. Lansforsakringar Fondforvaltning AB publ acquired a new stake in shares of UBS Group during the fourth quarter worth about $34,837,000. Brucke Financial Inc. acquired a new stake in UBS Group during the 4th quarter valued at approximately $617,000. Mackenzie Financial Corp increased its stake in shares of UBS Group by 0.8% in the fourth quarter. Mackenzie Financial Corp now owns 1,778,047 shares of the bank’s stock worth $53,910,000 after acquiring an additional 14,817 shares during the period. Forum Financial Management LP raised its holdings in shares of UBS Group by 20.8% during the fourth quarter. Forum Financial Management LP now owns 68,105 shares of the bank’s stock worth $2,065,000 after purchasing an additional 11,749 shares during the last quarter. Finally, Vise Technologies Inc. raised its holdings in shares of UBS Group by 16.5% during the fourth quarter. Vise Technologies Inc. now owns 54,234 shares of the bank’s stock worth $1,644,000 after purchasing an additional 7,690 shares during the last quarter.

UBS Group Price Performance

Shares of UBS stock opened at $31.56 on Friday. The stock’s 50-day moving average is $33.66 and its 200 day moving average is $32.28. UBS Group has a 1-year low of $26.01 and a 1-year high of $35.84. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.06 and a quick ratio of 1.05. The company has a market cap of $101.19 billion, a P/E ratio of 20.76 and a beta of 1.15.

UBS Group (NYSE:UBS) last released its quarterly earnings results on Tuesday, February 4th. The bank reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.08). UBS Group had a net margin of 6.93% and a return on equity of 5.93%. 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 prior year, the business posted ($0.09) earnings per share. The firm’s quarterly revenue was up 1.9% on a year-over-year basis. Research analysts predict that UBS Group will post 1.9 earnings per share for the current fiscal year.

UBS Group Increases Dividend

The company also recently declared an annual dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, April 16th will be given a dividend of $0.90 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a yield of 2.1%. This is a boost from UBS Group’s previous annual dividend of $0.23. UBS Group’s payout ratio is currently 14.47%.

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.