Deutsche Bank Aktiengesellschaft Upgrades UBS Group (NYSE:UBS) to “Buy”

UBS Group (NYSE:UBSGet Free Report) was upgraded by analysts at Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Monday,Briefing.com Automated Import reports.

Other equities analysts have also issued reports about the stock. BNP Paribas raised shares of UBS Group from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. StockNews.com lowered shares of UBS Group from a “buy” rating to a “hold” rating in a research report on Wednesday, January 22nd. Finally, Kepler Capital Markets raised shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, UBS Group presently has an average rating of “Moderate Buy”.

Check Out Our Latest Analysis on UBS

UBS Group Price Performance

Shares of UBS traded up $0.04 during midday trading on Monday, hitting $33.46. 810,152 shares of the company traded hands, compared to its average volume of 2,178,598. The firm has a 50 day moving average of $32.54 and a 200-day moving average of $31.42. UBS Group has a 52 week low of $26.00 and a 52 week high of $35.84. The stock has a market cap of $107.30 billion, a price-to-earnings ratio of 22.02 and a beta of 1.16. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.05 and a current ratio of 1.06.

UBS Group (NYSE:UBSGet Free Report) last announced its earnings results on Tuesday, February 4th. The bank reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.08). The business had revenue of $11.06 billion for the quarter, compared to analysts’ expectations of $10.90 billion. UBS Group had a net margin of 6.93% and a return on equity of 5.93%. The firm’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.09) earnings per share. On average, analysts forecast that UBS Group will post 1.95 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. RPg Family Wealth Advisory LLC lifted its stake in shares of UBS Group by 4.1% in the 4th quarter. RPg Family Wealth Advisory LLC now owns 276,769 shares of the bank’s stock worth $8,392,000 after acquiring an additional 10,819 shares during the period. Impact Capital Partners LLC purchased a new stake in shares of UBS Group during the fourth quarter worth about $289,000. ANTIPODES PARTNERS Ltd grew its holdings in UBS Group by 31.4% in the fourth quarter. ANTIPODES PARTNERS Ltd now owns 2,449,761 shares of the bank’s stock valued at $74,965,000 after purchasing an additional 585,319 shares during the period. Rakuten Securities Inc. purchased a new stake in UBS Group in the fourth quarter valued at approximately $30,000. Finally, Avantax Advisory Services Inc. grew its holdings in UBS Group by 54.5% in the fourth quarter. Avantax Advisory Services Inc. now owns 47,403 shares of the bank’s stock valued at $1,437,000 after purchasing an additional 16,723 shares during the period.

UBS Group Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for UBS Group (NYSE:UBS)

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