UBS Group AG (USA)’s Stock Is Buy After Today’s Bullish Options Activity

 UBS Group AG (USA)'s Stock Is Buy After Today's Bullish Options Activity

In today’s session UBS Group AG (USA) (UBS) registered an unusually high (260) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious UBS increase. With 260 contracts traded and 13064 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: UBS161118C00015000 closed last at: $0.25 or 16.7% down. About 918,335 shares traded hands. UBS Group AG (USA) (NYSE:UBS) has declined 14.65% since March 3, 2016 and is downtrending. It has underperformed by 22.99% the S&P500.

Analysts await UBS Group AG (USA) (NYSE:UBS) to report earnings on November, 1.

UBS Group AG (USA) (NYSE:UBS) Ratings Coverage

Out of 10 analysts covering UBS AG (NYSE:UBS), 1 rate it a “Buy”, 2 “Sell”, while 7 “Hold”. This means 10% are positive. UBS AG has been the topic of 14 analyst reports since September 15, 2015 according to StockzIntelligence Inc. As per Thursday, June 9, the company rating was upgraded by Barclays Capital. The rating was downgraded by JP Morgan on Monday, June 27 to “Underweight”. The rating was downgraded by Kepler Cheuvreux to “Hold” on Tuesday, February 9. The rating was downgraded by Nomura to “Neutral” on Thursday, September 17. The stock has “Underperform” rating given by RBC Capital Markets on Tuesday, June 28. The firm earned “Buy” rating on Wednesday, October 7 by Bank of America. Goldman Sachs downgraded the shares of UBS in a report on Tuesday, September 15 to “Neutral” rating. The stock has “Neutral” rating given by Credit Suisse on Monday, September 19. The rating was upgraded by RBC Capital Markets on Wednesday, October 5 to “Sector Perform”. The rating was downgraded by Societe Generale to “Hold” on Friday, May 13.

According to Zacks Investment Research, “UBS Group AG engages in providing financial services to private, corporate and institutional clients. It offers retail banking, corporate and institutional banking, wealth management, asset management, and investment banking. The company’s Wealth Management division offers investment management, estate planning, and corporate finance advice, as well as specific wealth management products and services. Its Retail & Corporate division offers financial products and services to retail, corporate, and institutional clients. This division also provides professional services, including fund set-up, accounting, and reporting for traditional investment funds and alternative funds. The company’s Investment Bank division is engaged in the sales, trading, and market-making activities across a range of securities; and provides advisory services and access in capital markets. UBS Group AG is headquartered in Zurich, Switzerland.”

UBS Group AG is a holding company. The company has a market cap of $54.87 billion. The Firm provides a range of financial services, including advisory services, underwriting, financing, market-making, asset management and brokerage on a global level, and retail banking in Switzerland. It has a 10.93 P/E ratio. The Firm comprises Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank.

UBS Company Profile

UBS Group AG (UBS), incorporated on June 10, 2014, is a holding company. The Firm provides a range of financial services, including advisory services, underwriting, financing, market-making, asset management and brokerage on a global level, and retail banking in Switzerland. The Firm comprises Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank. The Company’s Corporate Center comprises Services, Group Asset and Liability Management (Group ALM) and Non-core and Legacy Portfolio. Services include the Company’s control functions, such as finance, risk control (including compliance) and legal. In addition, it provides all logistics and support services, including operations, information technology, human resources, regulatory relations and strategic initiatives, communications and branding, corporate services, physical security, information security, as well as outsourcing, nearshoring and offshoring. Group ALM is responsible for centrally managing the Company’s liquidity and funding position, as well as providing other balance sheet and capital management services to the Company. Non-core and Legacy Portfolio consists of the non-core businesses and legacy positions. The Firm provides financial advice and solutions to private, institutional and corporate clients around the world, as well as private clients in Switzerland.

More recent UBS Group AG (USA) (NYSE:UBS) news were published by: Businessfinancenews.com which released: “UBS Group AG (USA) Wealth Management; Time to Unveil the Surprise” on July 06, 2016. Also Businessfinancenews.com published the news titled: “UBS Group Remains Buoyant Despite Secrecy Issues” on July 30, 2016. Businessfinancenews.com‘s news article titled: “UBS Group Tanks After Weakness in Wealth Management” with publication date: February 02, 2016 was also an interesting one.

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