UBS Group (NYSE:UBS) Downgraded to "Sell" Rating by Wall Street Zen

Key Points

• UBS Group's rating was downgraded from "hold" to "sell" by Wall Street Zen, reflecting a shift in investment sentiment towards the bank's stock.
• Several analysts have provided mixed ratings for UBS Group, with reports indicating a trend from "equal weight" downgrades to "strong buy" upgrades, leading to an overall average rating of "Moderate Buy."
• In its latest quarterly earnings, UBS Group reported earnings per share of $0.72—surpassing analyst expectations and signifying a potential positive trajectory despite the downgrade.

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 report issued on Sunday.

Other equities research analysts also recently issued reports about the stock. Morgan Stanley downgraded shares of UBS Group from an "equal weight" rating to an "underweight" rating in a report on Wednesday, June 18th. Zacks Research upgraded 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. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of UBS Group in a report on Thursday, August 14th. Finally, Jefferies Financial Group upgraded shares of UBS Group from a "hold" rating to a "buy" rating in a report on Tuesday, June 3rd. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy".

UBS Group Stock Performance

NYSE:UBS opened at $40.38 on Friday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 3.77. The firm has a 50-day moving average price of $37.89 and a two-hundred day moving average price of $33.68. UBS Group has a twelve month low of $25.75 and a twelve month high of $40.90. The company has a market capitalization of $129.46 billion, a P/E ratio of 21.36, a price-to-earnings-growth ratio of 0.71 and a beta of 1.21.

UBS Group (NYSE:UBS - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The bank reported $0.72 EPS for the quarter, topping analysts' consensus estimates of $0.70 by $0.02. The business had revenue of $11.55 billion during the quarter, compared to the consensus estimate of $9.77 billion. UBS Group had a net margin of 9.21% and a return on equity of 7.17%. During the same period in the previous year, the firm posted $0.34 earnings per share. As a group, research analysts expect that UBS Group will post 1.9 earnings per share for the current fiscal year.

Institutional Investors Weigh In On UBS Group

Institutional investors have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC grew its holdings in UBS Group by 18.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 124,395 shares of the bank's stock valued at $3,810,000 after purchasing an additional 19,229 shares during the period. GAMMA Investing LLC grew its stake in UBS Group by 2,963.0% during the first quarter. GAMMA Investing LLC now owns 25,607 shares of the bank's stock worth $836,000 after buying an additional 24,771 shares during the period. Waverly Advisors LLC purchased a new stake in UBS Group during the fourth quarter worth approximately $534,000. Bessemer Group Inc. grew its stake in UBS Group by 8.5% during the first quarter. Bessemer Group Inc. now owns 63,761 shares of the bank's stock worth $1,954,000 after buying an additional 4,984 shares during the period. Finally, Farther Finance Advisors LLC grew its stake in UBS Group by 19.0% during the first quarter. Farther Finance Advisors LLC now owns 2,653 shares of the bank's stock worth $81,000 after buying an additional 423 shares during the period.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.