UBS Group AG (NYSE:UBS) Receives Consensus Recommendation of "Hold" from Brokerages

UBS Group AG (NYSE:UBS - Get Free Report) has received an average rating of "Hold" from the six brokerages that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating on the company.

A number of brokerages have recently issued reports on UBS. StockNews.com downgraded shares of UBS Group from a "buy" rating to a "hold" rating in a report on Wednesday, January 22nd. Bank of America lowered UBS Group from a "neutral" rating to an "underperform" rating in a report on Thursday, March 27th. BNP Paribas raised shares of 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, Morgan Stanley downgraded shares of UBS Group from an "overweight" rating to an "equal weight" rating in a report on Thursday, February 20th.

UBS Group Price Performance

UBS stock opened at $27.63 on Tuesday. UBS Group has a 52-week low of $25.75 and a 52-week high of $35.84. The firm has a market capitalization of $88.59 billion, a price-to-earnings ratio of 18.18 and a beta of 1.16. The firm has a 50 day moving average price of $31.42 and a 200-day moving average price of $31.99. 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:UBS - Get Free Report) last issued 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 firm had revenue of $11.06 billion during the quarter, compared to the consensus estimate of $10.90 billion. UBS Group had a return on equity of 5.93% and a net margin of 6.93%. The company's quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.09) EPS. Equities research analysts forecast that UBS Group will post 1.9 EPS for the current fiscal year.

UBS Group Increases Dividend

The business also recently declared an annual dividend, which was paid on Thursday, April 17th. Investors of record on Wednesday, April 16th were given a $0.90 dividend. The ex-dividend date of this dividend was Wednesday, April 16th. This is an increase from UBS Group's previous annual dividend of $0.23. This represents a yield of 2.1%. UBS Group's dividend payout ratio (DPR) is currently 14.47%.

Institutional Trading of UBS Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. City Holding Co. purchased a new stake in UBS Group in the 1st quarter valued at about $25,000. Berbice Capital Management LLC purchased a new position in UBS Group in the fourth quarter worth $27,000. Grove Bank & Trust acquired a new position in UBS Group during the 1st quarter valued at about $28,000. Rakuten Securities Inc. acquired a new position in shares of UBS Group during the fourth quarter valued at about $30,000. Finally, Headlands Technologies LLC acquired a new position in UBS Group during the 4th quarter valued at approximately $33,000.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.