Shares of UBS Group AG (NYSE:UBS - Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $32.93, but opened at $32.00. UBS Group shares last traded at $32.33, with a volume of 918,497 shares changing hands.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on UBS. Jefferies Financial Group raised UBS Group from a "hold" rating to a "buy" rating in a report on Tuesday, June 3rd. Bank of America lowered UBS Group from a "neutral" rating to an "underperform" rating in a report on Thursday, March 27th. Morgan Stanley lowered UBS Group from an "overweight" rating to an "equal weight" rating in a report on Thursday, February 20th. Royal Bank of Canada reissued an "outperform" rating on shares of UBS Group in a report on Wednesday, May 21st. Finally, Keefe, Bruyette & Woods raised UBS Group from a "moderate sell" rating to a "hold" rating in a report on Thursday, April 17th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy".
View Our Latest Report on UBS
UBS Group Stock Down 2.2%
The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 3.76. The company has a market cap of $102.43 billion, a PE ratio of 21.02 and a beta of 1.16. The stock has a 50-day moving average of $30.88 and a 200-day moving average of $31.92.
UBS Group (NYSE:UBS - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The bank reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.09. The firm had revenue of $11.90 billion during the quarter, compared to analyst estimates of $10.19 billion. UBS Group had a return on equity of 5.93% and a net margin of 6.93%. Sell-side analysts predict that UBS Group AG will post 1.9 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in UBS. City Holding Co. bought a new stake in UBS Group during the first quarter worth about $25,000. Grove Bank & Trust bought a new stake in UBS Group in the first quarter worth $28,000. Rakuten Securities Inc. purchased a new stake in shares of UBS Group in the fourth quarter worth $30,000. Headlands Technologies LLC purchased a new position in UBS Group in the fourth quarter worth about $33,000. Finally, Quarry LP purchased a new stake in shares of UBS Group during the first quarter valued at approximately $37,000.
UBS Group Company Profile
(
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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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