UBS Group AG (UBS) Given Average Rating of “Hold” by Brokerages

Shares of UBS Group AG (NYSE:UBS) have been given a consensus rating of “Hold” by the twelve analysts that are currently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and six have assigned a buy recommendation to the company.

UBS has been the subject of several research reports. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of UBS Group in a research note on Monday, June 4th. TheStreet lowered shares of UBS Group from a “c” rating to a “d+” rating in a report on Wednesday, April 25th. ValuEngine lowered shares of UBS Group from a “sell” rating to a “strong sell” rating in a report on Thursday, June 28th. Societe Generale upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a report on Wednesday, July 25th. Finally, Zacks Investment Research upgraded shares of UBS Group from a “strong sell” rating to a “hold” rating in a report on Saturday, June 30th.

Large investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. lifted its holdings in shares of UBS Group by 5.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 400,233 shares of the bank’s stock worth $7,360,000 after acquiring an additional 20,360 shares during the last quarter. Koch Industries Inc. acquired a new position in shares of UBS Group in the 1st quarter worth approximately $208,000. Advisor Group Inc. lifted its holdings in shares of UBS Group by 21.6% in the 4th quarter. Advisor Group Inc. now owns 21,543 shares of the bank’s stock worth $396,000 after acquiring an additional 3,825 shares during the last quarter. CIBC World Markets Inc. lifted its holdings in shares of UBS Group by 166.2% in the 1st quarter. CIBC World Markets Inc. now owns 431,432 shares of the bank’s stock worth $7,619,000 after acquiring an additional 269,388 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of UBS Group by 2.1% in the 1st quarter. Northern Trust Corp now owns 4,183,545 shares of the bank’s stock worth $73,882,000 after acquiring an additional 86,994 shares during the last quarter. Institutional investors own 33.47% of the company’s stock.

UBS Group traded down $0.24, hitting $16.14, during trading hours on Friday, according to MarketBeat Ratings. 80,005 shares of the company’s stock traded hands, compared to its average volume of 2,311,982. UBS Group has a 52-week low of $14.89 and a 52-week high of $20.89. The stock has a market cap of $63.29 billion, a PE ratio of 15.06 and a beta of 1.33. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 2.71.

UBS Group Company Profile

UBS Group AG, together with its subsidiaries, provides financial advice and solutions worldwide. It operates through five divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management, and Investment Bank. The Wealth Management division offers advisory and financial services to wealthy private clients.

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Analyst Recommendations for UBS Group (NYSE:UBS)

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