UBS Group (NYSE:UBS) Stock Gets Downgrade from Zacks Research

UBS Group (NYSE:UBS) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Monday, Zacks reports.

A number of other brokerages have also recently issued reports on UBS. DZ Bank reaffirmed a “buy” rating on shares of UBS Group in a research report on Thursday, July 30th. Morgan Stanley reissued an “underweight” rating on shares of UBS Group in a research report on Wednesday, September 2nd. Weiss Ratings restated a “buy (b)” rating on shares of UBS Group in a research note on Thursday, October 29th. Royal Bank Of Canada restated a “buy” rating on shares of UBS Group in a research note on Monday, September 28th. Finally, Wall Street Zen downgraded shares of UBS Group from a “buy” rating to a “hold” rating in a report on Sunday, July 26th. Six analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $60.30.

UBS Group Stock Performance

UBS opened at $48.00 on Monday. The company has a market cap of $149.94 billion, a PE ratio of 15.84, a price-to-earnings-growth ratio of 0.72 and a beta of 1.19. The stock has a 50-day moving average of $50.02 and a 200-day moving average of $47.13. UBS Group has a 52-week low of $36.29 and a 52-week high of $55.99.

UBS Group (NYSE:UBS) last issued its quarterly earnings data on Wednesday, October 28th. The bank reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.06). UBS Group had a net margin of 13.36% and a return on equity of 10.77%. The company had revenue of $13.39 billion during the quarter, compared to the consensus estimate of $13.07 billion. During the same period in the previous year, the business posted $0.76 earnings per share. The firm’s revenue was up 9.7% on a year-over-year basis. On average, research analysts predict that UBS Group will post 3.63 earnings per share for the current year.

Hedge Funds Weigh In On UBS Group

Several large investors have recently made changes to their positions in UBS. Assenagon Asset Management S.A. grew its holdings in UBS Group by 43.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 23,716,879 shares of the bank’s stock valued at $1,144,417,000 after buying an additional 7,180,461 shares during the last quarter. Amundi increased its position in UBS Group by 16.9% in the 1st quarter. Amundi now owns 23,294,847 shares of the bank’s stock worth $910,130,000 after buying an additional 3,374,516 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in shares of UBS Group by 7.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 18,850,928 shares of the bank’s stock worth $728,340,000 after buying an additional 1,323,586 shares during the last quarter. Ninety One UK Ltd lifted its holdings in shares of UBS Group by 4.7% during the third quarter. Ninety One UK Ltd now owns 7,469,509 shares of the bank’s stock worth $360,437,000 after buying an additional 336,264 shares during the last quarter. Finally, WCM Investment Management LLC lifted its holdings in shares of UBS Group by 12.3% during the first quarter. WCM Investment Management LLC now owns 5,850,200 shares of the bank’s stock worth $214,527,000 after buying an additional 639,111 shares during the last quarter.

Trending Headlines about UBS Group

Here are the key news stories impacting UBS Group this week:

• Positive Sentiment: UBS reported 16.7% underlying return on CET1 capital in the third quarter and said it expects to exceed its 2026 profitability target. Revenue growth and cost savings exceeding expectations underpin the improved outlook, which may support investor confidence in earnings and returns. Article: UBS Boosts Profitability Ambitions as Cost Savings Exceed Expectations
• Neutral Sentiment: UBS announced a change to its executive leadership, naming Aleksandar Ivanovic president of its asset-management division. The report did not provide details indicating a change in strategy or financial outlook. Article: UBS Group Announces Changes to its Executive Board
• Neutral Sentiment: CEO Sergio Ermotti said cyber risks now rival traditional banking threats. The comments reinforce the importance of managing operational and technology risks but did not identify a specific incident or financial impact at UBS. Article: UBS CEO Ermotti Says Cyber Risks Rival Traditional Bank Threats

UBS Group Company Profile

UBS Group AG is a Switzerland-based global financial services company serving private, institutional and corporate clients. The company provides wealth management, asset management, investment banking and personal and corporate banking services. Its offerings include investment advice, portfolio management, lending, securities and foreign exchange services, financial planning, and banking products for individuals and businesses.

UBS operates through four principal business areas: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank.