UBS Group (NYSE:UBS) Shares Pass Above 200 Day Moving Average - Time to Sell?

Key Points

• UBS shares rose above their 200-day moving average, reaching $51.51 and closing at $51.07, compared with the long-term average of $47.62.
• Analyst sentiment remains mixed: UBS has an overall “Hold” consensus rating from MarketBeat, with four Buy, five Hold and two Sell ratings. The average price target is $60.30.
• UBS recently reported quarterly revenue growth of 13.2% year over year, but earnings and revenue narrowly missed analyst expectations, with EPS of $0.87 versus $0.90 forecast and revenue of $13.35 billion versus $13.40 billion expected.

UBS Group AG (NYSE:UBS - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $47.62 and traded as high as $51.51. UBS Group shares last traded at $51.07, with a volume of 1,371,044 shares changing hands.

Analyst Ratings Changes

UBS has been the subject of several research analyst reports. Citigroup reiterated a "neutral" rating on shares of UBS Group in a research report on Monday, July 20th. Wall Street Zen cut UBS Group from a "buy" rating to a "hold" rating in a report on Sunday, July 26th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of UBS Group in a research note on Monday, June 29th. Keefe, Bruyette & Woods lowered shares of UBS Group from a "hold" rating to a "moderate sell" rating in a report on Friday, June 19th. Finally, Morgan Stanley reiterated an "underweight" rating on shares of UBS Group in a research report on Wednesday, September 2nd. Four research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $60.30.

UBS Group Trading Up 0.7%

The company has a debt-to-equity ratio of 3.84, a current ratio of 1.02 and a quick ratio of 1.19. The stock has a 50-day moving average price of $53.36 and a two-hundred day moving average price of $47.62. The stock has a market cap of $159.54 billion, a PE ratio of 17.37, a price-to-earnings-growth ratio of 0.71 and a beta of 1.19.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Whipplewood Advisors LLC bought a new stake in UBS Group in the first quarter worth $25,000. Coppell Advisory Solutions LLC bought a new position in UBS Group during the second quarter valued at $25,000. MidFirst Bank bought a new position in UBS Group during the fourth quarter valued at $30,000. Robinswood Financial LLC bought a new position in UBS Group during the first quarter valued at $31,000. Finally, First Bancorp Inc ME purchased a new position in shares of UBS Group in the 2nd quarter worth $32,000.

UBS Group Company Profile

UBS Group AG is a Switzerland-based global financial services company serving individuals, businesses, institutional investors and governments. Its principal businesses include wealth management, personal and corporate banking, asset management and investment banking.

Through its Global Wealth Management business, UBS provides investment advice, portfolio management, financial planning, lending and other services to private and institutional clients. Its Personal and Corporate Banking operations offer deposit, lending, payment and other banking services, primarily in Switzerland.

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