UBS Group AG (NYSE:UBS) Stock Rated "Hold" by Wall Street Analysts

Key Points

• UBS Group holds a consensus “Hold” rating among 11 analysts: five recommend holding, four recommend buying, and two recommend selling. The average 12-month price target is $60.30.
• UBS shares opened at $48.62, compared with a 52-week range of $36.29 to $55.99, and the company has a market capitalization of approximately $151.88 billion.
• Quarterly results slightly missed expectations, with earnings of $0.87 per share versus $0.90 forecast and revenue of $13.35 billion versus $13.40 billion expected; revenue nevertheless increased 13.2% year over year.

UBS Group AG (NYSE:UBS - Get Free Report) has earned an average recommendation of "Hold" from the eleven ratings firms that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, five have given a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $60.30.

Several equities analysts have weighed in on UBS shares. Zacks Research lowered shares of UBS Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 1st. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of UBS Group in a report on Monday, June 29th. Morgan Stanley restated an "underweight" rating on shares of UBS Group in a research note on Wednesday, September 2nd. Wall Street Zen downgraded UBS Group from a "buy" rating to a "hold" rating in a research report on Sunday, July 26th. Finally, Citigroup reiterated a "neutral" rating on shares of UBS Group in a research note on Monday, July 20th.

UBS Group Stock Performance

NYSE:UBS opened at $48.62 on Tuesday. The company has a current ratio of 1.02, a quick ratio of 1.19 and a debt-to-equity ratio of 3.84. The company's 50-day moving average price is $52.90 and its 200-day moving average price is $47.96. UBS Group has a twelve month low of $36.29 and a twelve month high of $55.99. The company has a market cap of $151.88 billion, a P/E ratio of 16.54, a P/E/G ratio of 0.70 and a beta of 1.19.

UBS Group (NYSE:UBS - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The bank reported $0.87 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.90 by ($0.03). The company had revenue of $13.35 billion during the quarter, compared to analysts' expectations of $13.40 billion. UBS Group had a net margin of 13.10% and a return on equity of 10.50%. UBS Group's revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter last year, the company earned $0.72 earnings per share. On average, sell-side analysts forecast that UBS Group will post 3.84 earnings per share for the current fiscal year.

Institutional Trading of UBS Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. QRG Capital Management Inc. increased its position in UBS Group by 19.2% during the second quarter. QRG Capital Management Inc. now owns 201,143 shares of the bank's stock worth $9,969,000 after buying an additional 32,408 shares during the period. Envestnet Portfolio Solutions Inc. boosted its stake in shares of UBS Group by 9.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 8,511 shares of the bank's stock valued at $422,000 after buying an additional 746 shares in the last quarter. Tidal Investments LLC purchased a new stake in shares of UBS Group during the 2nd quarter worth $8,299,000. NewEdge Advisors LLC boosted its holdings in UBS Group by 5.5% during the second quarter. NewEdge Advisors LLC now owns 50,288 shares of the bank's stock worth $2,492,000 after buying an additional 2,611 shares in the last quarter. Finally, West Family Investments Inc. boosted its stake in shares of UBS Group by 72.8% during the 2nd quarter. West Family Investments Inc. now owns 9,606 shares of the bank's stock worth $476,000 after acquiring an additional 4,048 shares in the last quarter.

UBS Group Company Profile

UBS Group AG NYSE: UBS is a Switzerland-based global financial services company serving private, institutional and corporate clients. Its principal businesses include wealth management, asset management, investment banking, and personal and corporate banking in Switzerland.

Through its wealth management business, UBS provides investment advice, portfolio management, lending, estate planning and other financial solutions to high-net-worth and ultra-high-net-worth individuals and families.

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