UBS Group (NYSE:UBS) Downgraded by StockNews.com to Hold

UBS Group (NYSE:UBS) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday.

Other analysts have also recently issued reports about the stock. BNP Paribas upgraded shares of UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Kepler Capital Markets raised UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, UBS Group currently has an average rating of “Moderate Buy”.

UBS Group Stock Down 1.2 %

UBS Group stock traded down $0.43 during trading hours on Wednesday, reaching $34.67. The stock had a trading volume of 2,237,309 shares, compared to its average volume of 1,898,016. UBS Group has a 52 week low of $26.00 and a 52 week high of $35.10. The company has a market cap of $111.18 billion, a price-to-earnings ratio of 28.89 and a beta of 1.15. The company has a debt-to-equity ratio of 3.87, a current ratio of 1.05 and a quick ratio of 1.05. The business’s 50 day moving average price is $31.78 and its 200-day moving average price is $31.06.

UBS Group (NYSE:UBS) last issued its quarterly earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.15. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. The business had revenue of $19.31 billion for the quarter, compared to the consensus estimate of $11.20 billion. During the same period in the prior year, the firm posted ($0.24) earnings per share. Sell-side analysts anticipate that UBS Group will post 1.53 EPS for the current year.

Institutional Trading of UBS Group

A number of hedge funds and other institutional investors have recently modified their holdings of UBS. Berbice Capital Management LLC acquired a new stake in shares of UBS Group during the fourth quarter valued at about $27,000. Versant Capital Management Inc purchased a new stake in UBS Group in the fourth quarter valued at approximately $40,000. Continuum Advisory LLC lifted its stake in UBS Group by 41.6% during the third quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock worth $49,000 after purchasing an additional 450 shares in the last quarter. Benjamin F. Edwards & Company Inc. boosted its position in shares of UBS Group by 566.4% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock worth $49,000 after buying an additional 1,416 shares during the period. Finally, FSC Wealth Advisors LLC acquired a new stake in shares of UBS Group in the third quarter valued at $71,000.

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.