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

UBS Group AG (NYSE:UBS - Get Free Report)'s share 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 traded.

Wall Street Analyst Weigh In

UBS has been the topic of a number of recent analyst reports. Morgan Stanley lowered shares of UBS Group from an "equal weight" rating to an "underweight" rating in a report on Wednesday. Jefferies Financial Group raised shares of UBS Group from a "hold" rating to a "buy" rating in a research note on Tuesday, June 3rd. Citigroup reaffirmed a "neutral" rating on shares of UBS Group in a research report on Wednesday, June 11th. Keefe, Bruyette & Woods upgraded UBS Group from a "moderate sell" rating to a "hold" rating in a report on Thursday, April 17th. Finally, Bank of America downgraded UBS Group from a "neutral" rating to an "underperform" rating in a research note on Thursday, March 27th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, UBS Group has a consensus rating of "Hold".

UBS Group Stock Performance

The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 3.72. The firm has a market capitalization of $98.91 billion, a PE ratio of 20.43, a PEG ratio of 0.86 and a beta of 1.16. The firm's fifty day moving average price is $31.06 and its 200 day moving average price is $31.92.

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

Institutional Investors Weigh In On UBS Group

Several institutional investors and hedge funds have recently modified their holdings of UBS. Timber Creek Capital Management LLC lifted its holdings in UBS Group by 0.3% in the 4th quarter. Timber Creek Capital Management LLC now owns 117,613 shares of the bank's stock worth $3,566,000 after purchasing an additional 311 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake in UBS Group by 0.5% in the 4th quarter. Integrated Wealth Concepts LLC now owns 65,889 shares of the bank's stock valued at $1,998,000 after buying an additional 320 shares in the last quarter. Allworth Financial LP grew its holdings in shares of UBS Group by 6.4% in the 4th quarter. Allworth Financial LP now owns 5,528 shares of the bank's stock worth $168,000 after purchasing an additional 334 shares during the last quarter. Independent Advisor Alliance increased its holdings in shares of UBS Group by 0.4% during the fourth quarter. Independent Advisor Alliance now owns 85,975 shares of the bank's stock worth $2,607,000 after buying an additional 339 shares in the last quarter. Finally, Lindbrook Capital LLC increased its holdings in UBS Group by 3.2% during the 4th quarter. Lindbrook Capital LLC now owns 11,247 shares of the bank's stock valued at $341,000 after purchasing an additional 345 shares in the last quarter.

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.