Separately, Bank of America assumed coverage on UBS Group in a report on Thursday, September 19th. They set a "neutral" rating for the company. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy".
Get Our Latest Stock Analysis on UBS
Shares of NYSE:UBS traded up $0.43 on Friday, hitting $31.11. The company had a trading volume of 1,365,025 shares, compared to its average volume of 2,181,393. The stock has a market cap of $99.75 billion, a price-to-earnings ratio of 25.93 and a beta of 1.15. The stock has a 50 day moving average price of $30.88 and a 200 day moving average price of $30.21. UBS Group has a 1-year low of $24.07 and a 1-year high of $32.90. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 4.07.
UBS Group (NYSE:UBS - Get Free Report) last announced its quarterly earnings results on Wednesday, August 14th. The bank reported $0.34 EPS for the quarter, beating analysts' consensus estimates of $0.12 by $0.22. The business had revenue of $11.90 billion for the quarter, compared to analyst estimates of $11.26 billion. UBS Group had a net margin of 5.13% and a return on equity of 4.72%. During the same quarter in the prior year, the business earned $1.88 EPS. Analysts expect that UBS Group will post 1.45 EPS for the current year.
Several institutional investors have recently made changes to their positions in UBS. Drive Wealth Management LLC lifted its position in shares of UBS Group by 3.2% during the 2nd quarter. Drive Wealth Management LLC now owns 11,100 shares of the bank's stock valued at $328,000 after acquiring an additional 349 shares during the period. Rosenberg Matthew Hamilton raised its stake in UBS Group by 15.6% in the third quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank's stock valued at $81,000 after purchasing an additional 355 shares in the last quarter. D Orazio & Associates Inc. lifted its position in UBS Group by 3.5% during the first quarter. D Orazio & Associates Inc. now owns 11,264 shares of the bank's stock worth $346,000 after purchasing an additional 381 shares during the period. Parallel Advisors LLC grew its stake in UBS Group by 2.6% during the second quarter. Parallel Advisors LLC now owns 16,552 shares of the bank's stock worth $489,000 after buying an additional 420 shares in the last quarter. Finally, Traveka Wealth LLC increased its holdings in UBS Group by 6.2% in the 2nd quarter. Traveka Wealth LLC now owns 7,466 shares of the bank's stock valued at $221,000 after buying an additional 435 shares during the period.
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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