UBS Group AG (NYSE:UBS) shares hit a new 52-week low during trading on Monday . The stock traded as low as $14.73 and last traded at $14.85, with a volume of 89818 shares traded. The stock had previously closed at $15.12.
Several research analysts have recently commented on the company. Zacks Investment Research raised UBS Group from a “strong sell” rating to a “hold” rating in a report on Saturday, June 30th. ValuEngine raised UBS Group from a “strong sell” rating to a “sell” rating in a report on Wednesday, July 25th. Societe Generale raised UBS Group from a “hold” rating to a “buy” rating in a research note on Wednesday, July 25th. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of UBS Group in a research note on Tuesday, September 4th. Three investment analysts have rated the stock with a sell rating and five have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $22.00.
The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 2.71. The stock has a market cap of $60.63 billion, a P/E ratio of 14.13 and a beta of 1.28.
Several institutional investors have recently bought and sold shares of the company. Fiera Capital Corp acquired a new stake in UBS Group in the 1st quarter valued at about $177,000. Cibc Bank USA acquired a new stake in UBS Group in the 2nd quarter valued at about $197,000. Arete Wealth Advisors LLC acquired a new stake in UBS Group in the 1st quarter valued at about $199,000. United Capital Financial Advisers LLC acquired a new stake in UBS Group in the 1st quarter valued at about $199,000. Finally, BB&T Corp acquired a new stake in UBS Group in the 2nd quarter valued at about $203,000. Institutional investors own 31.91% of the company’s stock.
About UBS Group (NYSE:UBS)
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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