UBS Group (NYSE:UBS) Rating Lowered to “Moderate Sell” at Keefe, Bruyette & Woods

UBS Group (NYSE:UBS) was downgraded by research analysts at Keefe, Bruyette & Woods from a “hold” rating to a “moderate sell” rating in a research note issued to investors on Friday,Zacks.com reports.

A number of other research firms have also recently weighed in on UBS. Bank of America upgraded shares of UBS Group from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 22nd. BNP Paribas downgraded shares of UBS Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Wall Street Zen upgraded shares of UBS Group from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Morgan Stanley restated an “underweight” rating on shares of UBS Group in a research report on Monday, October 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of UBS Group in a report on Thursday, August 14th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

UBS Group Stock Up 0.6%

Shares of NYSE:UBS opened at $38.27 on Friday. The company has a fifty day moving average of $39.90 and a 200-day moving average of $36.40. UBS Group has a 52-week low of $25.75 and a 52-week high of $42.56. The company has a debt-to-equity ratio of 3.77, a quick ratio of 1.05 and a current ratio of 1.05. The company has a market capitalization of $122.72 billion, a PE ratio of 17.24, a price-to-earnings-growth ratio of 0.66 and a beta of 1.20.

UBS Group (NYSE:UBS) last announced its earnings results on Wednesday, October 29th. The bank reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.28. UBS Group had a net margin of 11.02% and a return on equity of 8.37%. The business had revenue of $12.20 billion during the quarter, compared to the consensus estimate of $9.68 billion. During the same quarter last year, the firm earned $0.43 earnings per share. UBS Group’s quarterly revenue was up 4.3% on a year-over-year basis. On average, equities analysts predict that UBS Group will post 1.9 EPS for the current fiscal year.

Institutional Investors Weigh In On UBS Group

Several institutional investors and hedge funds have recently made changes to their positions in UBS. Concurrent Investment Advisors LLC purchased a new stake in UBS Group during the 1st quarter valued at $280,000. Envestnet Asset Management Inc. lifted its holdings in shares of UBS Group by 2.2% during the first quarter. Envestnet Asset Management Inc. now owns 1,716,424 shares of the bank’s stock valued at $52,574,000 after purchasing an additional 37,391 shares in the last quarter. Allworth Financial LP boosted its position in shares of UBS Group by 47.1% during the first quarter. Allworth Financial LP now owns 8,134 shares of the bank’s stock valued at $242,000 after buying an additional 2,606 shares during the last quarter. Cerity Partners LLC increased its holdings in UBS Group by 88.4% in the 1st quarter. Cerity Partners LLC now owns 173,036 shares of the bank’s stock worth $5,300,000 after buying an additional 81,214 shares in the last quarter. Finally, Genus Capital Management Inc. increased its holdings in UBS Group by 200.0% in the 1st quarter. Genus Capital Management Inc. now owns 6,930 shares of the bank’s stock worth $212,000 after buying an additional 13,860 shares in the last quarter.

UBS Group Company Profile

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.