UBS Group (NYSE:UBS)'s stock had its "underweight" rating restated by equities research analysts at Barclays in a report issued on Tuesday, The Fly reports.
A number of other research firms have also commented on UBS. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of UBS Group in a research report on Wednesday, January 27th. Keefe, Bruyette & Woods cut shares of UBS Group from an "outperform" rating to a "market perform" rating in a report on Monday, November 23rd. Morgan Stanley reiterated an "equal weight" rating on shares of UBS Group in a report on Wednesday, January 27th. Zacks Investment Research downgraded shares of UBS Group from a "buy" rating to a "hold" rating and set a $16.00 price target on the stock. in a research report on Monday, January 11th. Finally, HSBC reaffirmed a "buy" rating on shares of UBS Group in a research note on Monday, November 23rd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of "Hold" and an average price target of $16.00.
UBS Group stock traded down $0.10 during trading hours on Tuesday, reaching $15.63. 222,571 shares of the company's stock were exchanged, compared to its average volume of 3,138,709. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.19. The firm's 50 day simple moving average is $15.09 and its 200 day simple moving average is $13.37. The firm has a market capitalization of $57.20 billion, a PE ratio of 10.35, a PEG ratio of 1.43 and a beta of 1.26. UBS Group has a twelve month low of $7.48 and a twelve month high of $15.91.
UBS Group (NYSE:UBS) last announced its quarterly earnings results on Monday, January 25th. The bank reported $0.46 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.28 by $0.18. UBS Group had a net margin of 17.34% and a return on equity of 9.82%. Analysts anticipate that UBS Group will post 1.45 EPS for the current year.
A number of institutional investors and hedge funds have recently bought and sold shares of UBS. Glassman Wealth Services purchased a new position in UBS Group in the 4th quarter worth approximately $26,000. Steward Partners Investment Advisory LLC grew its stake in shares of UBS Group by 595.6% in the third quarter. Steward Partners Investment Advisory LLC now owns 2,706 shares of the bank's stock worth $30,000 after purchasing an additional 2,317 shares in the last quarter. Fieldpoint Private Securities LLC bought a new position in UBS Group during the fourth quarter valued at about $64,000. JBF Capital Inc. bought a new position in UBS Group during the third quarter valued at about $52,000. Finally, Graves Light Private Wealth Management Inc. purchased a new stake in shares of UBS Group during the fourth quarter valued at $67,000. Institutional investors own 30.57% of the company's stock.
UBS Group Company Profile
UBS Group AG, together with its subsidiaries, provides financial advice and solutions to private, institutional and corporate client worldwide. It operates through four divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, and Investment Bank. The Global Wealth Management division offers investment advisory and solutions to private clients, and high and ultra high net worth clients.
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7 Infrastructure Stocks That May Help Rebuild America
Despite their disagreements (real or imagined) on almost everything, Democrats and Republicans alike love infrastructure projects. These are easy wins for Congressional leaders seeking re-election. And they typically spur job creation, which contributes to economic growth.
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View the "7 Infrastructure Stocks That May Help Rebuild America".