UBS Group (NYSE:UBS) Earns Buy (B) Rating from Weiss Ratings

Key Points

• UBS Group has retained a "buy (B)" rating by Weiss Ratings, highlighting strong investor confidence in the stock.
• The stock has shown mixed ratings from various analysts, with two rating it as a Strong Buy, while one analyst downgraded it to a Sell, leading to a consensus rating of "Moderate Buy."
• UBS reported impressive quarterly earnings, exceeding estimates with $0.72 EPS and revenue of $11.55 billion, significantly up from $9.77 billion consensus expectations.

UBS Group (NYSE:UBS - Get Free Report)'s stock had its "buy (b)" rating reissued by investment analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Several other analysts have also recently issued reports on UBS. Bank of America upgraded UBS Group from an "underperform" rating to a "neutral" rating in a research report on Tuesday, July 22nd. Zacks Research upgraded UBS Group to a "strong-buy" rating in a research report on Friday, August 8th. Wall Street Zen cut UBS Group from a "hold" rating to a "sell" rating in a research report on Sunday, September 28th. Morgan Stanley restated an "underweight" rating on shares of UBS Group in a report on Monday. Finally, Citigroup restated a "neutral" rating on shares of UBS Group in a report on Wednesday, June 11th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy".

UBS Group Stock Performance

Shares of NYSE UBS traded down $0.25 during trading on Wednesday, hitting $40.66. The company had a trading volume of 1,536,377 shares, compared to its average volume of 2,845,499. The stock has a 50 day simple moving average of $40.13 and a 200 day simple moving average of $34.88. The company has a debt-to-equity ratio of 3.77, a quick ratio of 1.05 and a current ratio of 1.05. UBS Group has a 12 month low of $25.75 and a 12 month high of $42.56. The firm has a market capitalization of $130.37 billion, a P/E ratio of 21.51, a price-to-earnings-growth ratio of 0.67 and a beta of 1.18.

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

Hedge Funds Weigh In On UBS Group

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

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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