UBS Group (UBS) Hits New 1-Year Low at $14.73

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.

UBS Group (NYSE:UBS) last released its earnings results on Monday, July 23rd. The bank reported $0.41 earnings per share (EPS) for the quarter. The firm had revenue of $7.70 billion during the quarter. UBS Group had a return on equity of 9.45% and a net margin of 4.08%. Equities analysts forecast that UBS Group AG will post 1.51 earnings per share for the current year.

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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