UBS Group AG (USA) Can’t Be More Safe. Option Traders Like It

 UBS Group AG (USA) Can't Be More Safe. Option Traders Like It

In today’s session UBS Group AG (USA) (UBS) registered an unusually high (1,004) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the February, 2017 call, expecting serious UBS increase. With 1,004 contracts traded and 13354 open interest for the Feb, 17 contract, it seems this is a quite bullish bet. The option with symbol: UBS170217C00012500 closed last at: $3.8 or 8.6% up. About 1.26 million shares traded hands. UBS Group AG (USA) (NYSE:UBS) has risen 2.38% since April 13, 2016 and is uptrending. It has underperformed by 1.55% the S&P500.

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

Out of 11 analysts covering UBS AG (NYSE:UBS), 2 rate it a “Buy”, 2 “Sell”, while 7 “Hold”. This means 18% are positive. UBS AG has been the topic of 15 analyst reports since September 15, 2015 according to StockzIntelligence Inc. The rating was upgraded by Keefe Bruyette & Woods on Thursday, November 10 to “Outperform”. The rating was upgraded by RBC Capital Markets on Wednesday, October 5 to “Sector Perform”. The stock has “Neutral” rating given by Nomura on Thursday, September 17. As per Friday, May 13, the company rating was downgraded by Societe Generale. As per Wednesday, October 28, the company rating was downgraded by JP Morgan. The stock of UBS Group AG (USA) (NYSE:UBS) earned “Underperform” rating by Bank of America on Tuesday, November 3. The rating was downgraded by RBC Capital Markets to “Underperform” on Tuesday, June 28. As per Wednesday, February 3, the company rating was downgraded by RBC Capital Markets. The rating was downgraded by Macquarie Research on Wednesday, February 24 to “Neutral”. The company was downgraded on Monday, June 27 by JP Morgan.

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 $64.28 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 17.59 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 news for UBS Group AG (USA) (NYSE:UBS) were recently published by: Businessfinancenews.com, which released: “UBS Group AG (USA) Wealth Management; Time to Unveil the Surprise” on July 06, 2016. Businessfinancenews.com‘s article titled: “UBS Group Remains Buoyant Despite Secrecy Issues” and published on July 30, 2016 is yet another important article.

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