UBS Group (NYSE:UBS) Lowered to “Hold” Rating by Wall Street Zen

UBS Group (NYSE:UBS) was downgraded by Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Sunday.

Other equities analysts have also recently issued research reports about the company. Zacks Research raised UBS Group from a “hold” rating to a “strong-buy” rating in a report on Monday, July 13th. Keefe, Bruyette & Woods cut shares of UBS Group from a “hold” rating to a “moderate sell” rating in a research note on Friday, June 19th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of UBS Group in a research note on Thursday, May 7th. Barclays upgraded UBS Group from an “underweight” rating to an “equal weight” rating in a research report on Monday, April 20th. Finally, Weiss Ratings lowered UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, UBS Group presently has a consensus rating of “Hold” and an average price target of $60.30.

UBS Group Stock Up 0.3%

UBS Group stock opened at $51.69 on Friday. The firm has a market cap of $161.47 billion, a price-to-earnings ratio of 18.53, a price-to-earnings-growth ratio of 0.81 and a beta of 1.19. UBS Group has a 52 week low of $35.94 and a 52 week high of $55.15. The business’s 50-day moving average price is $49.69 and its 200 day moving average price is $45.20. The company has a quick ratio of 1.19, a current ratio of 0.85 and a debt-to-equity ratio of 1.23.

UBS Group (NYSE:UBS) last announced its quarterly earnings results on Wednesday, April 29th. The bank reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.09. UBS Group had a return on equity of 10.05% and a net margin of 12.66%.The company had revenue of $13.64 billion during the quarter, compared to the consensus estimate of $13.16 billion. As a group, sell-side analysts anticipate that UBS Group will post 3.51 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in UBS. Legacy Capital Group California Inc. increased its stake in UBS Group by 0.6% during the fourth quarter. Legacy Capital Group California Inc. now owns 39,471 shares of the bank’s stock worth $1,828,000 after acquiring an additional 239 shares during the last quarter. U.S. Capital Wealth Advisors LLC lifted its stake in shares of UBS Group by 1.3% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 19,905 shares of the bank’s stock valued at $922,000 after purchasing an additional 260 shares during the last quarter. Perigon Wealth Management LLC lifted its stake in shares of UBS Group by 3.9% in the 4th quarter. Perigon Wealth Management LLC now owns 7,551 shares of the bank’s stock valued at $350,000 after purchasing an additional 284 shares during the last quarter. Trust Point Inc. boosted its stake in UBS Group by 2.1% during the second quarter. Trust Point Inc. now owns 13,926 shares of the bank’s stock worth $690,000 after buying an additional 288 shares during the period. Finally, Anchyra Partners LLC raised its stake in shares of UBS Group by 3.3% in the 1st quarter. Anchyra Partners LLC now owns 9,090 shares of the bank’s stock valued at $355,000 after acquiring an additional 294 shares during the period.

UBS Group Company Profile

UBS Group AG is a Swiss multinational financial services firm that provides a broad range of banking and capital markets services to private, institutional and corporate clients. Headquartered in Zurich, UBS operates as a universal bank with a primary focus on wealth management, asset management, investment banking and retail and commercial banking in Switzerland. The firm serves high-net-worth and ultra-high-net-worth individuals, pension funds, corporations and institutional investors through a global network of offices.

Key business activities include global wealth management—offering financial planning, investment advisory, discretionary portfolio management and custody services—alongside asset management products for institutional and retail investors.