UBS Group (NYSE:UBS) Cut to "Sell" at Wall Street Zen

Key Points

• UBS Group has been downgraded from a "hold" to a "sell" rating by Wall Street Zen, with other analysts providing mixed ratings ranging from "strong-buy" to "neutral."
• Despite the downgrade, UBS Group reported $0.72 earnings per share in its last earnings report, exceeding analysts' estimates.
• The company has attracted interest from various hedge funds, indicating ongoing institutional investment despite fluctuating analyst ratings.

UBS Group (NYSE:UBS - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a research note issued on Sunday.

A number of other research analysts also recently commented on UBS. Zacks Research raised shares of UBS Group to a "strong-buy" rating in a report on Friday, August 8th. Citigroup reiterated a "neutral" rating on shares of UBS Group in a report on Wednesday, June 11th. Bank of America upgraded shares of UBS Group from an "underperform" rating to a "neutral" rating in a research report on Tuesday, July 22nd. Morgan Stanley lowered shares of UBS Group from an "equal weight" rating to an "underweight" rating in a report on Wednesday, June 18th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of UBS Group in a research note on Thursday, August 14th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, UBS Group has a consensus rating of "Moderate Buy".

UBS Group Trading Up 0.7%

Shares of NYSE:UBS opened at $40.78 on Friday. The company has a market cap of $130.76 billion, a P/E ratio of 21.58, a PEG ratio of 0.70 and a beta of 1.21. The stock's fifty day moving average price is $39.68 and its 200-day moving average price is $34.49. UBS Group has a 1 year low of $25.75 and a 1 year high of $42.56. 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 earnings results on Wednesday, July 30th. The bank reported $0.72 earnings per share for the quarter, beating analysts' consensus estimates of $0.70 by $0.02. The company had revenue of $11.55 billion for the quarter, compared to the consensus estimate of $9.77 billion. UBS Group had a return on equity of 7.17% and a net margin of 9.21%.During the same quarter in the prior year, the company earned $0.34 earnings per share. Sell-side analysts expect that UBS Group will post 1.9 earnings per share for the current year.

Hedge Funds Weigh In On UBS Group

Several hedge funds and other institutional investors have recently bought and sold shares of UBS. City Holding Co. acquired a new stake in UBS Group during the 1st quarter valued at approximately $25,000. Grove Bank & Trust acquired a new stake in shares of UBS Group during the 1st quarter valued at about $28,000. Maseco LLP acquired a new stake in UBS Group in the second quarter valued at approximately $28,000. Twin Peaks Wealth Advisors LLC purchased a new stake in UBS Group in the 2nd quarter worth $33,000. Finally, Quarry LP acquired a new position in shares of UBS Group during the 1st quarter worth about $37,000.

UBS Group Company Profile

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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