UBS Group (NYSE:UBS) Upgraded to Buy at Jefferies Financial Group

UBS Group (NYSE:UBS - Get Free Report) was upgraded by investment analysts at Jefferies Financial Group from a "hold" rating to a "buy" rating in a research note issued to investors on Tuesday, Marketbeat reports.

A number of other research firms also recently commented on UBS. DZ Bank raised UBS Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 6th. Royal Bank of Canada restated an "outperform" rating on shares of UBS Group in a research note on Wednesday, May 21st. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of UBS Group in a research note on Monday, May 12th. Keefe, Bruyette & Woods upgraded UBS Group from a "moderate sell" rating to a "hold" rating in a research note on Thursday, April 17th. Finally, Wedbush reissued a "neutral" rating on shares of UBS Group in a report on Tuesday, May 27th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, UBS Group has a consensus rating of "Moderate Buy".

UBS Group Stock Down 0.1%

Shares of NYSE:UBS traded down $0.05 during midday trading on Tuesday, reaching $32.80. The company had a trading volume of 2,394,073 shares, compared to its average volume of 3,510,755. The stock has a market capitalization of $105.15 billion, a P/E ratio of 21.58 and a beta of 1.16. The stock's fifty day moving average price is $30.28 and its 200-day moving average price is $31.88. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.06 and a quick ratio of 1.05. UBS Group has a one year low of $25.75 and a one year high of $35.84.

UBS Group (NYSE:UBS - Get Free Report) last issued its earnings results on Wednesday, April 30th. The bank reported $0.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.42 by $0.09. UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The business had revenue of $11.90 billion for the quarter, compared to analyst estimates of $10.19 billion. Equities research analysts expect that UBS Group will post 1.9 earnings per share for the current fiscal year.

Hedge Funds Weigh In On UBS Group

Institutional investors and hedge funds have recently bought and sold shares of the stock. City Holding Co. acquired a new stake in shares of UBS Group in the 1st quarter worth approximately $25,000. Grove Bank & Trust acquired a new stake in UBS Group in the first quarter worth approximately $28,000. Rakuten Securities Inc. bought a new position in UBS Group during the 4th quarter valued at $30,000. Headlands Technologies LLC acquired a new position in shares of UBS Group during the 4th quarter valued at $33,000. Finally, Quarry LP bought a new stake in shares of UBS Group in 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.