UBS Group AG (NYSE:UBS)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $10.71, but opened at $11.14. UBS Group shares last traded at $11.49, with a volume of 4,977,339 shares changing hands.

Several equities analysts have recently weighed in on UBS shares. ValuEngine upgraded UBS Group from a “sell” rating to a “hold” rating in a research report on Tuesday. Kepler Capital Markets upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Tuesday. Exane BNP Paribas cut UBS Group from an “outperform” rating to a “neutral” rating in a research report on Friday, August 30th. DZ Bank reissued a “sell” rating on shares of UBS Group in a research note on Wednesday, August 21st. Finally, Deutsche Bank restated a “neutral” rating on shares of UBS Group in a report on Friday, August 30th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $12.50.

The company has a market cap of $39.82 billion, a PE ratio of 8.15, a PEG ratio of 1.89 and a beta of 1.21. The company has a debt-to-equity ratio of 3.54, a quick ratio of 0.96 and a current ratio of 0.96. The firm’s 50 day moving average is $10.84 and its 200-day moving average is $11.88.

UBS Group (NYSE:UBS) last released its earnings results on Tuesday, July 23rd. The bank reported $0.37 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.36 by $0.01. The business had revenue of $5.61 billion for the quarter. UBS Group had a net margin of 14.20% and a return on equity of 8.07%. On average, analysts predict that UBS Group AG will post 1.23 EPS for the current year.

Hedge funds have recently bought and sold shares of the company. Lancaster Investment Management LLP lifted its position in UBS Group by 9.9% during the first quarter. Lancaster Investment Management LLP now owns 5,140,033 shares of the bank’s stock worth $62,246,000 after buying an additional 463,084 shares in the last quarter. CIBC World Markets Inc. raised its holdings in shares of UBS Group by 29.8% during the 1st quarter. CIBC World Markets Inc. now owns 736,368 shares of the bank’s stock worth $8,917,000 after acquiring an additional 168,921 shares during the period. Fosun International Ltd acquired a new position in shares of UBS Group during the 1st quarter valued at about $2,023,000. Brandes Investment Partners LP boosted its position in shares of UBS Group by 19.1% during the 1st quarter. Brandes Investment Partners LP now owns 4,290,391 shares of the bank’s stock valued at $51,957,000 after acquiring an additional 689,412 shares during the last quarter. Finally, Bank of Montreal Can grew its holdings in shares of UBS Group by 2.3% in the second quarter. Bank of Montreal Can now owns 8,505,538 shares of the bank’s stock valued at $100,790,000 after purchasing an additional 194,105 shares during the period. Institutional investors and hedge funds own 34.29% of the company’s stock.

UBS Group Company Profile (NYSE:UBS)

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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