UBS Group AG (NYSE:UBS) Receives Consensus Recommendation of “Moderate Buy” from Analysts

UBS Group AG (NYSE:UBS) has been given a consensus recommendation of “Moderate Buy” by the six research firms that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company.

Several research firms have recently commented on UBS. BNP Paribas raised UBS Group from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. Finally, StockNews.com cut UBS Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 22nd.

UBS Group Stock Up 0.7 %

NYSE UBS opened at $32.64 on Thursday. The stock’s 50-day moving average price is $32.45 and its 200-day moving average price is $31.36. 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 has a 52 week low of $26.00 and a 52 week high of $35.84. The company has a market capitalization of $104.64 billion, a P/E ratio of 27.20 and a beta of 1.16.

UBS Group (NYSE:UBS) last posted its quarterly earnings data on Tuesday, February 4th. The bank reported $0.23 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.08). UBS Group had a return on equity of 4.69% and a net margin of 5.13%. The company had revenue of $11.06 billion during the quarter, compared to the consensus estimate of $10.90 billion. During the same period last year, the business earned ($0.09) EPS. The firm’s quarterly revenue was up 1.9% compared to the same quarter last year. On average, equities research analysts predict that UBS Group will post 1.39 earnings per share for the current year.

UBS Group Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 16th will be given a dividend of $0.90 per share. The ex-dividend date is Wednesday, April 16th. This represents a dividend yield of 2.1%. This is a boost from UBS Group’s previous annual dividend of $0.23. UBS Group’s dividend payout ratio (DPR) is currently 19.17%.

Institutional Trading of UBS Group

Institutional investors have recently made changes to their positions in the business. Berbice Capital Management LLC purchased a new position in UBS Group during the 4th quarter valued at approximately $27,000. Versant Capital Management Inc purchased a new position in UBS Group during the 4th quarter valued at approximately $40,000. Kohmann Bosshard Financial Services LLC purchased a new position in UBS Group during the 4th quarter valued at approximately $41,000. Continuum Advisory LLC grew its holdings in UBS Group by 41.6% during the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank’s stock valued at $49,000 after buying an additional 450 shares in the last quarter. Finally, FSC Wealth Advisors LLC purchased a new position in UBS Group during the 3rd 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.