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

UBS Group AG (NYSE:UBS) has received a consensus recommendation of “Moderate Buy” from the six analysts that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company.

A number of equities research analysts have commented on the company. Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. Bank of America initiated coverage on UBS Group in a report on Thursday, September 19th. They issued a “neutral” rating on the stock. StockNews.com upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Finally, BNP Paribas raised shares of UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd.

UBS Group Stock Up 0.8 %

NYSE:UBS opened at $32.22 on Friday. The company has a debt-to-equity ratio of 3.87, a current ratio of 1.05 and a quick ratio of 1.05. UBS Group has a one year low of $26.00 and a one year high of $33.34. The firm’s 50 day simple moving average is $31.66 and its 200 day simple moving average is $30.94. The company has a market cap of $103.31 billion, a PE ratio of 26.85 and a beta of 1.15.

UBS Group (NYSE:UBS) last issued its quarterly earnings results on Wednesday, October 30th. The bank reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.15. The company had revenue of $19.31 billion for the quarter, compared to analyst estimates of $11.20 billion. UBS Group had a net margin of 5.13% and a return on equity of 4.69%. During the same quarter in the previous year, the business earned ($0.24) earnings per share. On average, research analysts anticipate that UBS Group will post 1.73 earnings per share for the current year.

Institutional Investors Weigh In On UBS Group

Hedge funds have recently added to or reduced their stakes in the business. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of UBS Group by 6.1% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 57,349,524 shares of the bank’s stock worth $1,771,713,000 after buying an additional 3,289,387 shares in the last quarter. Legal & General Group Plc boosted its stake in UBS Group by 11,313.2% during the second quarter. Legal & General Group Plc now owns 41,389,783 shares of the bank’s stock worth $1,218,317,000 after acquiring an additional 41,027,134 shares in the last quarter. Pzena Investment Management LLC grew its holdings in UBS Group by 2.8% in the third quarter. Pzena Investment Management LLC now owns 30,802,466 shares of the bank’s stock worth $952,104,000 after purchasing an additional 851,231 shares during the period. Wellington Management Group LLP increased its stake in UBS Group by 20.2% in the third quarter. Wellington Management Group LLP now owns 13,708,623 shares of the bank’s stock valued at $423,504,000 after purchasing an additional 2,307,033 shares in the last quarter. Finally, Canada Pension Plan Investment Board raised its holdings in shares of UBS Group by 10.8% during the second quarter. Canada Pension Plan Investment Board now owns 8,630,819 shares of the bank’s stock valued at $254,045,000 after purchasing an additional 843,903 shares during the period.

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.