UBS Group (NYSE:UBS) Shares Gap Down - Should You Sell?

UBS Group AG (NYSE:UBS - Get Free Report)'s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $31.58, but opened at $30.84. UBS Group shares last traded at $30.97, with a volume of 580,512 shares.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Wedbush reissued a "neutral" rating on shares of UBS Group in a research note on Tuesday, May 27th. DZ Bank raised shares of UBS Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 6th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of UBS Group in a research note on Monday, May 12th. Keefe, Bruyette & Woods raised shares of UBS Group from a "moderate sell" rating to a "hold" rating in a research note on Thursday, April 17th. Finally, Citigroup reissued a "neutral" rating on shares of UBS Group in a research note on Wednesday, June 11th. Two research analysts have rated the stock with a sell rating, four have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold".

UBS Group Stock Down 1.3%

The stock has a market capitalization of $97.43 billion, a PE ratio of 20.12, a price-to-earnings-growth ratio of 0.82 and a beta of 1.16. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.04 and a quick ratio of 1.04. The business's fifty day moving average price is $31.21 and its two-hundred day moving average price is $31.89.

UBS Group (NYSE:UBS - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The bank reported $0.51 earnings per share for the quarter, beating analysts' consensus estimates of $0.42 by $0.09. The firm had revenue of $11.90 billion for the quarter, compared to analyst estimates of $10.19 billion. UBS Group had a net margin of 7.13% and a return on equity of 5.82%. On average, equities research analysts forecast that UBS Group AG will post 1.9 EPS for the current fiscal year.

Institutional Investors Weigh In On UBS Group

Large investors have recently made changes to their positions in the stock. Jones Financial Companies Lllp boosted its holdings in UBS Group by 142.4% in the fourth quarter. Jones Financial Companies Lllp now owns 22,023 shares of the bank's stock valued at $668,000 after purchasing an additional 12,939 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in UBS Group by 13.0% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 42,753 shares of the bank's stock valued at $1,307,000 after purchasing an additional 4,912 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in UBS Group by 42.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,989 shares of the bank's stock valued at $91,000 after purchasing an additional 887 shares during the last quarter. Blair William & Co. IL boosted its holdings in UBS Group by 11.5% in the fourth quarter. Blair William & Co. IL now owns 7,976 shares of the bank's stock valued at $242,000 after purchasing an additional 823 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in UBS Group by 27.6% in the fourth quarter. Farther Finance Advisors LLC now owns 2,230 shares of the bank's stock valued at $68,000 after purchasing an additional 482 shares during the last quarter.

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.