UBS Group (NYSE:UBS) Sets New 52-Week High - Still a Buy?

UBS Group AG (NYSE:UBS - Get Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as $35.84 and last traded at $35.66, with a volume of 2071183 shares traded. The stock had previously closed at $35.72.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on UBS shares. Kepler Capital Markets raised UBS Group from a "hold" rating to a "buy" rating in a research report on Friday, January 10th. BNP Paribas upgraded UBS Group from a "neutral" rating to an "outperform" rating in a report on Friday, January 3rd. Finally, StockNews.com cut shares of UBS Group from a "buy" rating to a "hold" rating in a report on Wednesday, January 22nd. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy".

UBS Group Stock Down 0.1 %

The firm has a 50-day moving average of $32.22 and a two-hundred day moving average of $31.26. The stock has a market capitalization of $114.15 billion, a price-to-earnings ratio of 29.67 and a beta of 1.15. 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 - Get Free Report) last issued its earnings results on Wednesday, October 30th. The bank reported $0.43 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.15. The company had revenue of $19.31 billion for the quarter, compared to the consensus estimate of $11.20 billion. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. During the same quarter in the prior year, the company earned ($0.24) EPS. As a group, sell-side analysts anticipate that UBS Group AG will post 1.53 earnings per share for the current year.

Institutional Investors Weigh In On UBS Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in UBS. Berbice Capital Management LLC acquired a new position in shares of UBS Group in the fourth quarter worth $27,000. Versant Capital Management Inc purchased a new position in UBS Group in the fourth quarter valued at about $40,000. Continuum Advisory LLC increased its position in UBS Group by 41.6% in the 3rd quarter. Continuum Advisory LLC now owns 1,532 shares of the bank's stock worth $49,000 after purchasing an additional 450 shares during the last quarter. FSC Wealth Advisors LLC purchased a new stake in shares of UBS Group during the 3rd quarter worth about $71,000. Finally, Rosenberg Matthew Hamilton lifted its holdings in shares of UBS Group by 15.6% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 2,624 shares of the bank's stock valued at $81,000 after buying an additional 355 shares during the last quarter.

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.