UBS - UBS Group AG

NYSE - NYSE Delayed Price. Currency in USD
11.35
+0.09 (+0.80%)
At close: 4:02PM EDT

11.33 -0.02 (-0.19%)
After hours: 4:26PM EDT

Stock chart is not supported by your current browser
Previous Close11.26
Open11.30
Bid11.30 x 21500
Ask11.38 x 39400
Day's Range11.30 - 11.37
52 Week Range10.12 - 14.59
Volume2,257,469
Avg. Volume3,256,043
Market Cap41.95B
Beta (3Y Monthly)1.09
PE Ratio (TTM)10.53
EPS (TTM)1.08
Earnings DateN/A
Forward Dividend & Yield0.69 (6.14%)
Ex-Dividend Date2019-05-06
1y Target Est13.50
Trade prices are not sourced from all markets
  • UBS Top Singapore Dealmaker Set to Join Temasek-Backed iSTOX
    Bloomberg

    UBS Top Singapore Dealmaker Set to Join Temasek-Backed iSTOX

    (Bloomberg) -- UBS Group AG’s Singapore investment banking chief Oi Yee Choo is set to join iSTOX, a trading platform backed by Temasek Holdings Pte.Choo will join iSTOX in January as its chief commercial officer and will help drive business growth by building its network of investors and issuers, according to a statement from the company, confirming an earlier Bloomberg report. The dealmaker, who was a managing director at UBS, is leaving the investment banking industry after six years at UBS, according to an internal memo from the Swiss bank obtained by Bloomberg.She will continue to be with UBS until the end of the year, and her clients and functional responsibilities will be reassigned “in due course,” UBS Southeast Asia investment banking head Lauro Baja wrote in the memo. A representative for UBS confirmed the contents of the memo, declining to comment further.Choo, who has about two decades’ experience in the finance industry, previously worked at Morgan Stanley and Nomura Holdings Inc., according to her LinkedIn profile. A representative for iSTOX declined to comment.iSTOX offers issuance, settlement, custody and trading of digitized securities and is a recognized market operator within Monetary Authority of Singapore’s FinTech Regulatory Sandbox. The firm counts Heliconia Capital Management Pte, a subsidiary of Temasek, and Singapore Exchange Ltd. among its shareholders.UBS ranked fourth among arrangers of equity and rights offerings in Singapore so far this year, up from 10th place in 2018, according to data compiled by Bloomberg.(Updates with statement from iSTOX in second paragraph)To contact the reporters on this story: Elffie Chew in Kuala Lumpur at echew16@bloomberg.net;Joyce Koh in Singapore at jkoh38@bloomberg.netTo contact the editors responsible for this story: Fion Li at fli59@bloomberg.net, Ben ScentFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Virgin Galactic Unveils Spacesuits as IPO Nears
    Zacks

    Virgin Galactic Unveils Spacesuits as IPO Nears

    On Wednesday, Under Armour (UAA) unveiled the spacesuits it is making for people to wear during trips with Richard Branson's Virgin Galactic spaceflight company.

  • UBS Sends Up Warning Sign Before Earnings
    Schaeffer's Investment Research

    UBS Sends Up Warning Sign Before Earnings

    Options are pricing in a bigger-than-usual reaction next week

  • UBS Advisor Roger Vierra, Named to The Financial Times 401 Top Retirement Advisors
    Business Wire

    UBS Advisor Roger Vierra, Named to The Financial Times 401 Top Retirement Advisors

    Recognition of an exceptional career in Financial Services

  • 7 Beverage Stocks to Buy Now
    InvestorPlace

    7 Beverage Stocks to Buy Now

    PepsiCo (NASDAQ:PEP) announced its third-quarter results on Oct. 4. They were healthy enough that I've put the beverage and snack food company on my list of seven beverage stocks to buy now. But before I get into the seven names on my list, I thought I'd explain why I'm so high on beverage stocks. The truth is, a lot of interesting stuff is happening in the beverage world at the moment, not the least of which is a fight by traditional beverage makers, non-alcoholic and alcoholic alike, to get into cannabis-infused drinks. The payoff could be enormous for those brands that resonate with the public. InvestorPlace - Stock Market News, Stock Advice & Trading TipsFurthermore, long-time partnerships seem to be fracturing as larger beverage businesses look to find growth wherever they can. The gloves have come off.Big or small, you've got to have a vision for sustainable growth or you're going to be left in the dust. * 10 Lithium Stocks to Buy Despite the Market's Irrationality Here are the seven beverage stocks I believe will do just that. Beverage Stocks to Buy: PepsiCo (PEP)Source: suriyachan / Shutterstock.com PepsiCo released its Q3 2019 results Oct. 3 and they were very healthy. On the top line, Pepsi had organic growth of 4.3%. In terms of profits, Pepsi generated $2.86 billion in operating profits in the quarter, $11 million higher than the same quarter a year earlier. This is despite PEP spending $2 billion on its business through the first nine months of the year and an estimated $4.5 billion for the entire fiscal year. "While adverse foreign exchange translation negatively impacted reported net revenue performance, organic revenue growth was 4.3% in the quarter," stated CEO Ramon Laguarta. "We are making good progress against our strategic priorities and our businesses are performing well … Given our performance year-to-date, we now expect to meet or exceed our full-year organic revenue growth target of 4%."One of the big reasons for its success so far in 2019 are the sales from Bubly, the sparkling water brand it launched in 2018. According to Bloomberg Intelligence, it is taking market share from LaCroix, which saw its sales fall by 14% in the four weeks ended July 14, compared to a 96% increase for Bubly in the same period. Pepsi is investing in the brand and LaCroix is feeling the heat.Over the past year, Bubly has generated more than $170 million in revenue and grabbed 7.7% of the sparkling water market in short order. With free cash flow expected to be $5 billion or more in 2019, look for the company to buy back more than $3 billion of PEP stock. Canopy Growth (CGC), Constellation Brands (STZ)Source: Shutterstock If you blinked, you probably missed the news Oct. 2, that Canopy Growth (NYSE:CGC) was buying 72% of BioSteel Sports Nutrition, a company that specializes in sports nutrition and hydration products for high-performance athletes like Dallas Cowboy running back Ezekiel Elliott. With an option to buy the remaining 28% of BioSteel in the future, I see this acquisition as a no-brainer for the Canadian cannabis company backed by Constellation Brands (NYSE:STZ). When the news first broke, I was all over the story because, unlike the $600 million Canopy spent on Hiku, BioSteel has "big" written all over it.Not only does Canopy get a beverage and nutrition company that it could grow on its own, separate from its cannabis business, but BioSteel is also a great vehicle to roll out CBD-based products to athletes and non-athletes across North America. The CBD industry is projected to grow to $17.3 billion over the next seven years. Add these drinks to the CBD-infused chewables and chocolates and you've got a recipe for significant revenue generation. * 10 Winning Stocks to Buy and Stick With for the Long Haul Take Constellation's distribution reach, Canopy's understanding of cannabis and hemp and BioSteel's market leadership, and this investment seems like a slam dunk. Boston Beer (SAM)Source: LunaseeStudios / Shutterstock.com The good news for owners of Boston Beer (NYSE:SAM) stock is that it's up 54% year-to-date through Oct. 8. The bad news is that it was as high as $445 in early September. Not to worry. Just when you think CEO and founder Jim Koch is down and out, he figures out how to keep Boston Beer growing. Are you familiar with White Claw? It's the leading hard seltzer in the U.S., brought to consumers by the same people who sell Mike's Hard Lemonade, and outselling Budweiser and every craft beer in the process. A fad, you say. Don't tell that to Koch. He's got Truly, the second-place brand in terms of market share at 30%, half White Claw's, but still pretty darn impressive. On Oct. 4, thanks to the company finding the internal capacity to produce Truly in-house instead of using third-party co-packers, UBS Group analyst Sean King upgraded his rating on the stock from $305 to $390. "Truly's stellar growth in fiscal 2019 failed to translate into meaningful earnings growth year-to-date as the company's heavy reliance on co-packers weighed on margins," King wrote. "We now believe that this headwind will ease into fiscal 2020 with greater internal capacity coming. The extent of vertical integration and outlook for Truly growth will be key determinants of earnings growth for Boston Beer in fiscal 2020." Here's what I know. I live on Canada's east coast. You can't find either product on store shelves. Down in the U.S., it's estimated that only 20% of restaurants and bars carry White Claw indicating just how much business is still on the table.I see $400 again soon. Starbucks (SBUX)Source: monticello / Shutterstock.com What would a list of beverage stocks be if it didn't contain the world's biggest coffee company.Starbucks (NASDAQ:SBUX), like Boston Beer, always seems to find a way to reignite growth at precisely the right time, and in doing so, keep the SBUX share price moving higher. In 2019, it's up 34% YTD, including dividends. As if you needed another reason to own SBUX stock, I've come across a real doozie. According to Schaeffer's Investment Research, Starbucks is one of only two S&P 500 stocks that have moved higher in the fourth quarter for 10 consecutive years, averaging a Q4 return of 10.6%.While there are other S&P 500 stocks that have better average returns in the fourth quarter -- Delta (NYSE:DAL) has an average return of 16.6%, delivering positive returns in nine out of the last 10 years -- its consistency is important as we approach the 11th anniversary of the latest bull market. Sure, the company's admission that its 10% growth rate forecast probably won't carry into 2020 due to some one-time, tax-related issues but unless people stop drinking coffee, it will continue to do just fine. Down from its 52-week high of $99.72 reached in July, any future weakness should be met with increased buying. * 7 'A'-Rated Stocks to Buy for the Rest of 2019 As beverage stocks go, Starbucks is a must-own. LVMH (LVMUY)Source: lentamart / Shutterstock.com Most people wouldn't consider luxury goods conglomerate LVMH (OTCMKTS:LVMUY) a beverage company. However, given the "MH" in its name stands for Moet-Hennessy, which merged with Louis Vuitton in 1987 to form LVMH, I would beg to differ. If there were a consumer goods company that is too big too fail, I would go with LVMH every day of the week and twice on Sunday. That's why I recommended LVMUY stock in September as part of my article about one-stock portfolios to own. As I said then, LVMH generates almost $53 billion in annual revenue from more than 70 different brands including makers of wine, champagne, cognac, and whiskey. In the first half of 2019, its Wines & Spirits group generated 6% organic growth, with its cognac and spirits business accounting for 61% of sales and champagne and wine the remaining 39%. Although LVMH believes its Wines & Spirits group is facing a difficult business environment, Hennessey managed to grow volumes by 8% in the first six months of the year thanks to strong sales of its VS and VSOP cognac. It pays to own quality. Molson Coors (TAP)Source: Drew Stephens via FlickrMolson Coors' (NYSE:TAP) Canadian division opened a new brewery in Chilliwack, British Columbia, in September. It was built to replace its Vancouver brewery that was sold in 2015. Three years in the making, it's a $300-million facility located on 36 acres, and employing 100 people. More importantly, it is the company's most modern brewery, that will reduce energy and water use by 20% and 40%, respectively. In terms of capacity, it will be able to brew more beer in a year than all of the craft beer sold in B.C. in its most recent fiscal year. While the recent resignation of Hexo (NYSE:HEXO) CFO Michael Monahan has some worried about the cannabis company's future, MKM Partners analyst Bill Kirk remains bullish about its stock. Kirk rates it a buy with a target price of $9.02. I mention Hexo because it is the company that Molson Coors Canada has partnered with to produce cannabis-infused drinks for the Canadian market. Named Truss Beverages, Molson Coors owns 57.5% with Hexo owning the rest. Molson Coors believes that the Canadian cannabis beverages market could be worth between $1.5 billion and $3.0 billion. With legalization of cannabis-infused drinks to take place on Oct. 17 and allowing for another 60 days to get the appropriate licensing, Truss should have products in stores as early as mid-December. * 7 Funds to Buy If the Market Turns Sour Molson Coors might be a beverage underdog, but if you can afford to risk a few dollars, its gamble on cannabis that might well pay off handsomely. Coca-Cola (KO)Source: MAHATHIR MOHD YASIN / Shutterstock.com I didn't want to pick Coca-Cola (NYSE:KO) when Pepsi's already on the list but the fact that it's launching its own energy drink in the U.S. makes it noteworthy.Investors already knew about Coca-Cola Energy because the line of drinks has already launched in Spain, Hungary and 25 other markets in Europe and Australia. In addition to Coca-Cola Energy, the lineup includes a zero sugar version, a cherry flavor and a zero sugar cherry offering. Coca-Cola already had a partnership with Monster Beverage (NASDAQ:MNST) that was signed in 2015 that gave Coke a minority position in the energy drink maker and made Coca-Cola its preferred distribution partner. In addition, Coca-Cola transferred its energy drink assets to Monster and Monster gave Coke its non-energy business. It was a marriage made in heaven until Coke decided it wanted back in the energy drink game. The two parties went to arbitration in October 2018. The arbitration tribunal ruled in July that Coke could continue to sell Coca-Cola Energy because it fell under the Coca-Cola brand name and didn't violate the non-compete clause. Coca-Cola has brought a number of interesting products in the past year and Coca-Cola Energy is certainly one of them. Add to this its entry into the coffee market through Costa Coffee and its growth engine might rev up its share price. At the time of this writing, Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Super Boring Stocks to Buy With Super Safe Returns * 10 Winning Stocks to Buy and Stick With for the Long Haul * Don't Give Up on These 4 Cannabis Stocks The post 7 Beverage Stocks to Buy Now appeared first on InvestorPlace.

  • Wealth managers for Colorado's most affluent families are hiring a new type of professional: therapists
    American City Business Journals

    Wealth managers for Colorado's most affluent families are hiring a new type of professional: therapists

    The girl explained to Shipley that her teacher had asked all the students in her class to write down which airline they traveled on during the break. The girl and her family had traveled on a private jet.  “She wrote 'American' because she was so uncomfortable and didn’t want to put 'private,' and immediately just started crying,” Shipley said. “She said, ‘I feel terrible that I lied… What should I have done?'” As a specialist in how wealth impacts family dynamics, Shipley said she has dozens of similar stories from her nearly 20 years in the field.

  • Here is What Hedge Funds Really Think About UBS Group AG (UBS)
    Insider Monkey

    Here is What Hedge Funds Really Think About UBS Group AG (UBS)

    How do we determine whether UBS Group AG (NYSE:UBS) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world, who spend immense amounts of time and resources studying companies. They may not always be right (no one is), but data shows […]

  • Luke L. Wiley, CFP® UBS Managing Director of Wealth Management, Named to Forbes' 2019 Best-In-State Wealth Advisors
    Business Wire

    Luke L. Wiley, CFP® UBS Managing Director of Wealth Management, Named to Forbes' 2019 Best-In-State Wealth Advisors

    Wiley's pursuit of excellence started early in life. Attending the University of Cincinnati College of Business on a soccer scholarship, Wiley graduated with a triple major in finance, accounting and real estate. After graduation, Wiley started his wealth management career more than two decades ago and has established a special niche for himself and his team within the Procter & Gamble community across the United States.

  • Business Wire

    UBS's Jason Stephens Named to Forbes List of America’s Top Wealth Advisors

    Jason E. Stephens, CFP ®, Managing Director and founder of The Stephens Group at UBS Private Wealth Management, has been named one of America’s Top Wealth Advisors by Forbes in conjunction with SHOOK Research. With over 100,000 investment advisors in the U.S., SHOOK Research vetted and ranked top advisors using numerous criteria including personal interviews, industry experience, compliance record, client retention along with additional algorithms of qualitative criteria. This was Stephens third year receiving this prestigious recognition and one of many awards in his career including Barron's Top 1,200 Advisors in America for the past seven years, Financial Times top 400 Advisors in America 2016, and Top 40 under 40 Advisors in America 2015.

  • BlackRock Eyes Partnership With Tencent to Expand in China
    Zacks

    BlackRock Eyes Partnership With Tencent to Expand in China

    BlackRock (BLK) is in preliminary talks with Tencent over the past year to develop a partnership in an effort to expand in the China mutual fund market.

  • Business Wire

    NOTICE TO UBS CUSTOMERS WITH YES ACCOUNTS: Klayman & Toskes, P.A. Continues to Investigate UBS as 48 FINRA Arbitration Claims Have Been Filed

    The Securities Arbitration Law Firm of Klayman & Toskes, P.A., http://www.klaymantoskes.com/, continues its investigation into the Yield Enhancement Strategy (“YES”) recommended by UBS (UBS) to its customers. The investigation focuses on the firms’ sales practices in connection with the recommendation of the high-risk YES program for customers who sought conservative investments. High net-worth investors seeking conservative investments to preserve their principal were encouraged to participate in the YES program and were told it was a low-risk strategy to generate additional income.

  • Business Wire

    UBS declares coupon payments on 22 ETRACS Exchange Traded Notes

    PYPE:              linked to the NYSE® Pickens Core MidstreamTM Index

  • UBS is fined $2 mln for tax reporting errors on municipal securities
    Reuters

    UBS is fined $2 mln for tax reporting errors on municipal securities

    A U.S. regulator on Wednesday fined a unit of UBS Group AG $2 million and ordered restitution for repeated failures in addressing short positions in municipal securities in a timely manner and inaccurately representing the tax status of thousands of interest payments to customers. The Financial Industry Regulatory authority said UBS Financial Securities Inc reported 2,853 positions in municipal securities as tax-exempt when they were actually taxable, and 950 positions as taxable when they were actually tax-exempt.

  • Reuters

    PRESS DIGEST- New York Times business news - Oct. 2

    Oct 2 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Johnson & Johnson announced Tuesday that it had reached a $20.4 million agreement to settle opioid claims brought by two Ohio counties, becoming the fifth drugmaker to avoid the first federal trial that attempts to hold the pharmaceutical industry accountable for the drug scourge. https://nyti.ms/2nw2r3n - The United Auto Workers reported Tuesday that it had exchanged contract proposals with General Motors Co, but said many issues remained unresolved in talks that would end the strike that has shut down 34 factories in the United States for more than two weeks. https://nyti.ms/2mMZA5t - A federal appeals court upheld the U.S. government's repeal of strict regulations for companies that connect consumers to the internet. However, the court also said the Federal Communications Commission had overstepped by broadly stopping state and local governments from writing their own rules. https://nyti.ms/2nFmmNb - Swiss bank Credit Suisse Group AG's [CSG N.S] Chief Operating Officer, Pierre-Olivier Bouée, resigned after a company board ordered an examination into his ordering the surveillance of wealth manager Iqbal Khan, who quit to work for UBS Group AG, while clearing its CEO Tidjane Thiam of investigating Khan. https://nyti.ms/2nF96YU - Facebook Inc's Chief Executive Officer Mark Zuckerberg said that the company would sue presidential candidate Elizabeth Warren if she were to break up the world's largest social media company, if she is elected president. https://nyti.ms/2omIJ9Z (Compiled by Bengaluru newsroom)

  • TheStreet.com

    Credit Suisse Clears CEO Amid Spying Scandal That Has Rocked Swiss Banking Elite

    Credit Suisse said Tuesday that CEO Tidjane Thiam was not aware that one his closest allies at the bank had hired a private investigator to spy on a senior official who had recently been hired by cross-town rival UBS.

  • Business Wire

    UBS to substitute issuer for outstanding UBS Group Funding (Switzerland) AG instruments

    Migration of total loss-absorbing capacity instruments by mid-October of 2019

  • Moody's

    ELM B.V. Series 171 -- Moody's: No impact on the rating of notes issued by ELM B.V. Series 171 from novation of the Expenses Agreement

    Moody's Investors Service ("Moody's") announced today that a proposal by the Issuer to enter into a Deed of Novation on the 30th of September 2019 with regards to the Expenses Agreement between ELM B.V. and UBS Europe SE, will not, in and of itself and at this time, cause the current Moody's rating of the debt issued by ELM B.V. Series 171 to be reduced or withdrawn.

  • Top Credit Suisse Investor Says Don’t Fire Executives for Spying
    Bloomberg

    Top Credit Suisse Investor Says Don’t Fire Executives for Spying

    (Bloomberg) -- Credit Suisse Group AG’s top shareholder expressed alarm at the prospect of ousting top executives over the surveillance of former wealth management head Iqbal Khan.“We are fully supportive of CS’s management actions taking any legal steps necessary to protect the company and think it would be damaging to CS and its stakeholders to lose any member of senior management over this issue,” said David Herro, deputy chairman of Chicago-based Harris Associates, which holds an 8.1 percent Credit Suisse stake.Herro’s comments underscore how quickly a drama mingling the personal and professional rivalries among the Swiss financial elite has engulfed Credit Suisse. The fate of top officials, including Chief Executive Officer Tidjane Thiam, hangs in the balance as law firm Homburger wraps up the final stages of its inquiry into the matter.The bank’s board of directors will likely meet early next week on the issue after receiving the final report from Homburger. Chairman Urs Rohner will move swiftly to take punitive action against the institution’s senior officials if they’re found to be responsible, a person familiar with the situation said, asking not to be identified because of the sensitivity of the matter.Former Credit Suisse and UBS Group AG chief Oswald Gruebel took the opposite tack to Herro earlier this week, saying Thiam should be fired if the reports are confirmed, particularly if the scandal had its roots in a personal conflict between the CEO and Khan.The management crisis stems from the bank’s hiring of a private investigation firm to shadow Khan because of fears he would poach former colleagues for his new employer, crosstown rival UBS Group AG, where he’s scheduled to begin work Oct. 1. It emerged after a confrontation in downtown Zurich last week between Khan and the investigators.Rohner has tasked board member John Tiner with leading the internal probe, a person familiar with the situation said. A spokesman for Credit Suisse referred to a statement from the board on Monday which said: “As soon as the investigation is completed, the Board of Directors will inform of its findings. Until this time, no further information can be released.” Homburger declined to comment.In the meantime, the details of the feud between Thiam and Khan that started it all are leaking through the allies of both men.Tensions mounted in January during a party at Thiam’s house in the upscale neighborhood of Herrliberg outside Zurich when the two men had an argument, people familiar with the situation have said. When a corporate reorganization came in February, Khan’s responsibilities stayed the same, even as two colleagues were elevated to the executive committee. The rift widened as Khan’s name surfaced as a candidate to for the top job at Julius Baer Group Ltd.Khan left Credit Suisse almost three months ago, and UBS in August enlisted him for a key role at its wealth-management business as part of a wider shake-up.But the drama continued after Credit Suisse hired the private investigator to shadow its former employee. Khan was followed by unidentified men while driving his car with his wife last week, several people briefed on the events said previously. He eventually noticed that he was being followed and took pictures of his pursuers, which led to a physical confrontation when the men tried to take away his mobile phone, the people said.A report from the private security firm hired by Credit Suisse paints a different picture. Investigo GmbH, which offers cash collection, investigations and security services, said its employee was acting alone and “defensively,” contradicting earlier accounts.To contact the reporters on this story: Jan-Henrik Förster in London at jforster20@bloomberg.net;Patrick Winters in Zurich at pwinters3@bloomberg.netTo contact the editors responsible for this story: Michael J. Moore at mmoore55@bloomberg.net, ;Dale Crofts at dcrofts@bloomberg.net, James HertlingFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • 6 Stocks Trading With a Low Price-Earnings Ratio
    GuruFocus.com

    6 Stocks Trading With a Low Price-Earnings Ratio

    MetLife tops the list Continue reading...

  • Business Wire

    Family Offices in North America Take Steps to Weather Short-Term Volatility

    UBS/Campden Wealth Global Family Office Report 2019, the world’s leading family office research study, offers insight into performance, investments and structural issues

  • UBS Signs Memorandum of Understanding With Banco do Brasil
    Zacks

    UBS Signs Memorandum of Understanding With Banco do Brasil

    UBS Group's (UBS) strategic alliance to improve customer base and efforts to tap into opportunistic growth areas seem encouraging.