StockNews.com Downgrades UBS Group (NYSE:UBS) to Hold

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

UBS has been the topic of several other research reports. BNP Paribas raised UBS Group from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a report on Friday, January 10th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

UBS Group Trading Down 1.2 %

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

UBS Group (NYSE:UBS) last issued its quarterly earnings data on Wednesday, October 30th. The bank reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.15. UBS Group had a net margin of 5.13% and a return on equity of 4.69%. The firm had revenue of $19.31 billion during the quarter, compared to analysts’ expectations of $11.20 billion. During the same quarter in the previous year, the company earned ($0.24) earnings per share. As a group, sell-side analysts expect that UBS Group will post 1.53 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Berbice Capital Management LLC bought a new stake in shares of UBS Group in the fourth quarter worth $27,000. Versant Capital Management Inc bought a new stake in shares of UBS Group during the 4th quarter valued at about $40,000. Benjamin F. Edwards & Company Inc. increased its position in shares of UBS Group by 566.4% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,666 shares of the bank’s stock valued at $49,000 after purchasing an additional 1,416 shares during the last quarter. Continuum Advisory LLC grew its position in UBS Group by 41.6% during the third quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock valued at $49,000 after buying an additional 450 shares during the period. Finally, FSC Wealth Advisors LLC purchased a new stake in UBS Group during the third quarter valued at approximately $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.