UBS Group AG (NYSE:UBS) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• UBS Group AG has received a consensus recommendation of "Moderate Buy" from 12 ratings firms, with varying ratings including one sell, four holds, five buys, and two strong buys.
• UBS's stock price opened at $40.3550, and the company reported a quarterly EPS of $0.72, exceeding estimates.
• Recent activity from institutional investors shows significant movements, including Geode Capital Management buying a new stake valued at approximately $1.1 million.

Shares of UBS Group AG (NYSE:UBS - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the twelve ratings firms that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company.

Several equities research analysts have recently issued reports on the company. Morgan Stanley lowered UBS Group from an "equal weight" rating to an "underweight" rating in a research note on Wednesday, June 18th. Wedbush reaffirmed a "neutral" rating on shares of UBS Group in a research note on Tuesday, May 27th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of UBS Group in a research note on Thursday, August 14th. Zacks Research raised UBS Group to a "strong-buy" rating in a research note on Friday, August 8th. Finally, Jefferies Financial Group raised UBS Group from a "hold" rating to a "buy" rating in a research note on Tuesday, June 3rd.

Institutional Investors Weigh In On UBS Group

A number of institutional investors and hedge funds have recently modified their holdings of UBS. Geode Capital Management LLC bought a new stake in shares of UBS Group during the 4th quarter worth approximately $1,104,000. First Trust Advisors LP lifted its stake in shares of UBS Group by 13.4% during the 4th quarter. First Trust Advisors LP now owns 242,471 shares of the bank's stock worth $7,394,000 after acquiring an additional 28,585 shares during the last quarter. OneDigital Investment Advisors LLC lifted its stake in shares of UBS Group by 150.1% during the 4th quarter. OneDigital Investment Advisors LLC now owns 18,312 shares of the bank's stock worth $555,000 after acquiring an additional 10,990 shares during the last quarter. Integrated Wealth Concepts LLC lifted its stake in shares of UBS Group by 0.5% during the 4th quarter. Integrated Wealth Concepts LLC now owns 65,889 shares of the bank's stock worth $1,998,000 after acquiring an additional 320 shares during the last quarter. Finally, Voya Investment Management LLC lifted its stake in shares of UBS Group by 1.8% during the 4th quarter. Voya Investment Management LLC now owns 559,994 shares of the bank's stock worth $17,135,000 after acquiring an additional 9,936 shares during the last quarter.

UBS Group Price Performance

NYSE:UBS opened at $40.3550 on Monday. The firm has a market capitalization of $129.40 billion, a price-to-earnings ratio of 21.35, a PEG ratio of 0.71 and a beta of 1.18. UBS Group has a 1 year low of $25.75 and a 1 year high of $40.42. The business has a 50 day simple moving average of $36.18 and a 200-day simple moving average of $33.21. The company has a debt-to-equity ratio of 3.77, a current ratio of 1.05 and a quick ratio of 1.05.

UBS Group (NYSE:UBS - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The bank reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.02. The business had revenue of $11.55 billion during the quarter, compared to analyst estimates of $9.77 billion. UBS Group had a return on equity of 7.17% and a net margin of 9.21%.During the same period last year, the company earned $0.34 EPS. Equities analysts forecast that UBS Group will post 1.9 EPS for the current year.

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.

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