Traders Purchase Large Volume of Put Options on UBS AG (UBS)
UBS AG (NYSE:UBS) was the target of some unusual options trading activity on Monday. Investors acquired 1,021 put options on the company. This represents an increase of 837% compared to the average daily volume of 109 put options.
Shares of UBS AG (UBS) opened at $17.26 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 2.46. The company has a market capitalization of $66,263.64, a price-to-earnings ratio of 15.09, a PEG ratio of 0.87 and a beta of 1.24. UBS AG has a 12 month low of $15.10 and a 12 month high of $18.31.
Large investors have recently bought and sold shares of the company. Mountain Capital Investment Advisors Inc purchased a new stake in shares of UBS AG in the 2nd quarter worth $118,000. Fiduciary Trust Co. purchased a new stake in shares of UBS AG in the 2nd quarter worth $136,000. Segantii Capital Management Ltd purchased a new stake in shares of UBS AG in the 2nd quarter worth $166,000. Oppenheimer & Co. Inc. purchased a new stake in shares of UBS AG in the 2nd quarter worth $173,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of UBS AG by 36.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,468 shares of the bank’s stock worth $178,000 after purchasing an additional 2,809 shares in the last quarter. Hedge funds and other institutional investors own 32.59% of the company’s stock.
UBS has been the subject of a number of research reports. BidaskClub lowered shares of UBS AG from a “hold” rating to a “sell” rating in a research note on Thursday, August 3rd. Zacks Investment Research lowered shares of UBS AG from a “buy” rating to a “hold” rating in a research note on Thursday, August 24th. BNP Paribas began coverage on shares of UBS AG in a research note on Thursday, August 31st. They set an “outperform” rating for the company. Finally, ValuEngine lowered UBS AG from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. Two analysts have rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $19.00.
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UBS AG Company Profile
UBS Group AG is a holding company and conducts its operations through UBS AG and its subsidiaries. The Company comprises Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank. Wealth Management division provides advice and tailored financial services to wealthy private clients around the world, except those served by Wealth Management Americas.
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