UBS Group (NYSE:UBS) Sets New 1-Year High – Should You Buy?

UBS Group AG (NYSE:UBS) shares hit a new 52-week high during trading on Monday . The stock traded as high as $51.15 and last traded at $51.0790, with a volume of 232452 shares traded. The stock had previously closed at $50.80.

Analyst Ratings Changes

A number of research firms have commented on UBS. Morgan Stanley reissued an “underweight” rating on shares of UBS Group in a research note on Thursday, April 23rd. Weiss Ratings downgraded shares of UBS Group from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of UBS Group in a research report on Wednesday, May 13th. Royal Bank Of Canada restated an “outperform” rating on shares of UBS Group in a research report on Thursday, May 7th. Finally, Barclays raised shares of UBS Group from an “underweight” rating to an “equal weight” rating in a research note on Monday, April 20th. Four investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, UBS Group currently has an average rating of “Hold” and a consensus target price of $60.30.

UBS Group Trading Up 0.5%

The company has a fifty day simple moving average of $45.73 and a two-hundred day simple moving average of $43.92. The stock has a market capitalization of $159.45 billion, a P/E ratio of 18.29, a price-to-earnings-growth ratio of 0.85 and a beta of 1.19. The company has a quick ratio of 1.19, a current ratio of 0.85 and a debt-to-equity ratio of 1.23.

UBS Group (NYSE:UBS) last announced its quarterly earnings results on Wednesday, April 29th. The bank reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.09. The firm had revenue of $13.64 billion for the quarter, compared to analyst estimates of $13.16 billion. UBS Group had a net margin of 12.66% and a return on equity of 10.05%. On average, sell-side analysts expect that UBS Group AG will post 3.33 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Whipplewood Advisors LLC bought a new stake in UBS Group during the 1st quarter worth about $25,000. MidFirst Bank acquired a new position in UBS Group during the fourth quarter valued at approximately $30,000. Robinswood Financial LLC acquired a new position in UBS Group during the first quarter valued at approximately $31,000. Navalign LLC bought a new position in UBS Group in the fourth quarter valued at approximately $32,000. Finally, Larson Financial Group LLC raised its stake in shares of UBS Group by 118.4% during the 3rd quarter. Larson Financial Group LLC now owns 821 shares of the bank’s stock worth $34,000 after purchasing an additional 445 shares in the last quarter.

UBS Group Company Profile

UBS Group AG is a Swiss multinational financial services firm that provides a broad range of banking and capital markets services to private, institutional and corporate clients. Headquartered in Zurich, UBS operates as a universal bank with a primary focus on wealth management, asset management, investment banking and retail and commercial banking in Switzerland. The firm serves high-net-worth and ultra-high-net-worth individuals, pension funds, corporations and institutional investors through a global network of offices.

Key business activities include global wealth management—offering financial planning, investment advisory, discretionary portfolio management and custody services—alongside asset management products for institutional and retail investors.