According to Zacks, “Shares of UBS Group AG have underperformed the industry on the NYSE over the past six months. First-quarter 2019 results were impacted by decline in net fee and commission income and interest income, partially offset by lower expenses. Considerable portion of the company's earnings continues to be affected by appreciation of the Swiss franc against other currencies. Also, its net interest income remains under pressure due to persistent negative interest rates in the domestic economy. Additionally, a strict regulatory framework is likely to keep costs elevated and impact profitability. However, the company remains focused on building capital levels, global expansion and executing restructuring initiatives. Also, its cost saving plans will aid in bottom-line growth. Nevertheless, unsustainable capital deployment activities remain a concern.”
UBS has been the subject of a number of other research reports. Credit Suisse Group reiterated an outperform rating on shares of UBS Group in a research note on Thursday, February 21st. Societe Generale cut shares of UBS Group from a buy rating to a hold rating in a research note on Wednesday, January 9th. Keefe, Bruyette & Woods cut shares of UBS Group from an outperform rating to a market perform rating in a research note on Tuesday, March 26th. Royal Bank of Canada reiterated a hold rating on shares of UBS Group in a research note on Wednesday, January 23rd. Finally, FIG Partners cut shares of UBS Group from a buy rating to a hold rating in a research note on Friday, April 26th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of Hold.
Shares of NYSE:UBS opened at $12.56 on Monday. The firm has a market cap of $51.38 billion, a P/E ratio of 8.91, a price-to-earnings-growth ratio of 1.20 and a beta of 1.18. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 3.62. UBS Group has a 1-year low of $11.60 and a 1-year high of $16.68.
Large investors have recently modified their holdings of the stock. Enlightenment Research LLC acquired a new stake in UBS Group during the 4th quarter worth $35,000. Lavaca Capital LLC purchased a new position in UBS Group during the 4th quarter valued at about $36,000. CWM LLC increased its holdings in UBS Group by 187.3% during the 4th quarter. CWM LLC now owns 2,873 shares of the bank’s stock valued at $36,000 after acquiring an additional 1,873 shares in the last quarter. Covenant Multifamily Offices LLC purchased a new position in UBS Group during the 1st quarter valued at about $38,000. Finally, Resources Investment Advisors Inc. purchased a new position in UBS Group during the 4th quarter valued at about $39,000. Hedge funds and other institutional investors own 37.26% of the company’s stock.
About UBS Group
UBS Group AG, together with its subsidiaries, provides financial advice and solutions worldwide. It operates through four divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, and Investment Bank. The Global Wealth Management division offers investment advisory and solutions to private clients, and high and ultra high net worth clients.
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