Meritage Homes (MTH) Forms $46.28 Double Top; Ubs Group AG Registered Ordinary Shares (UBS) SI Increased By 17.98%

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Ubs Group AG Registered Ordinary Shares (NYSE:UBS) had an increase of 17.98% in short interest. UBS’s SI was 8.69M shares in April as released by FINRA. Its up 17.98% from 7.37 million shares previously. With 2.55 million avg volume, 3 days are for Ubs Group AG Registered Ordinary Shares (NYSE:UBS)’s short sellers to cover UBS’s short positions. The SI to Ubs Group AG Registered Ordinary Shares’s float is 0.23%. The stock increased 1.10% or $0.185 during the last trading session, reaching $16.955. About 1.43M shares traded. UBS Group AG (NYSE:UBS) has risen 10.64% since April 26, 2017 and is uptrending. It has underperformed by 0.91% the S&P500.

Meritage Homes Corporation (MTH) formed double top with $48.13 target or 4.00% above today’s $46.28 share price. Meritage Homes Corporation (MTH) has $1.88 billion valuation. The stock increased 6.50% or $2.825 during the last trading session, reaching $46.275. About 507,528 shares traded or 15.64% up from the average. Meritage Homes Corporation (NYSE:MTH) has risen 26.14% since April 26, 2017 and is uptrending. It has outperformed by 14.59% the S&P500.

Investors sentiment increased to 1.39 in 2017 Q4. Its up 0.14, from 1.25 in 2017Q3. It improved, as 16 investors sold Meritage Homes Corporation shares while 46 reduced holdings. 38 funds opened positions while 48 raised stakes. 37.83 million shares or 7.28% less from 40.81 million shares in 2017Q3 were reported. Cubist Systematic Strategies Ltd has 7,231 shares for 0.02% of their portfolio. First Tru Advsr Lp invested in 51,429 shares or 0.01% of the stock. Gsa Cap Llp reported 0.04% stake. Pub Employees Retirement Of Ohio accumulated 2,976 shares or 0% of the stock. Brandywine Glob Invest Mgmt Limited Liability Company has invested 0.04% in Meritage Homes Corporation (NYSE:MTH). The Delaware-based Riverhead Cap Mngmt Limited Liability Company has invested 0.01% in Meritage Homes Corporation (NYSE:MTH). Advsrs Asset Mngmt holds 0% in Meritage Homes Corporation (NYSE:MTH) or 514 shares. 2,235 are held by Tower Lc (Trc). 615,695 are held by Goldman Sachs. Deutsche Financial Bank Ag stated it has 242,598 shares or 0.01% of all its holdings. 10 are held by Cornerstone Advsr. Pnc Ser Gru Inc invested in 0% or 2,159 shares. Blackrock Inc invested in 5.59M shares or 0.01% of the stock. Profund Advisors Lc owns 5,702 shares. 150,000 are owned by Gabelli Funds Limited Co.

Among 20 analysts covering Meritage (NYSE:MTH), 6 have Buy rating, 1 Sell and 13 Hold. Therefore 30% are positive. Meritage has $60 highest and $28 lowest target. $48.87’s average target is 5.61% above currents $46.275 stock price. Meritage had 58 analyst reports since July 30, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained Meritage Homes Corporation (NYSE:MTH) on Wednesday, October 4 with “Hold” rating. The firm has “Neutral” rating by JP Morgan given on Tuesday, August 2. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, February 1. The firm has “Overweight” rating by JP Morgan given on Wednesday, January 13. The rating was upgraded by JP Morgan to “Overweight” on Wednesday, March 7. The firm has “Underperform” rating by Credit Suisse given on Monday, July 11. FBN Securities downgraded the stock to “Sector Perform” rating in Monday, April 18 report. The rating was downgraded by Sterne Agee CRT on Wednesday, April 13 to “Neutral”. The stock of Meritage Homes Corporation (NYSE:MTH) earned “Buy” rating by Citigroup on Monday, January 8. The firm has “Hold” rating by Keefe Bruyette & Woods given on Tuesday, August 1.

Since December 12, 2017, it had 0 insider buys, and 8 sales for $1.80 million activity. 537 shares valued at $24,353 were sold by Lord Phillippe on Wednesday, February 14. Sferruzza Hilla sold $26,623 worth of Meritage Homes Corporation (NYSE:MTH) on Tuesday, February 13. On Thursday, March 8 AX PETER L sold $550,250 worth of Meritage Homes Corporation (NYSE:MTH) or 12,500 shares. Shares for $331,452 were sold by WHITE C TIMOTHY on Monday, February 12. Sarver Robert Gary had sold 12,000 shares worth $605,640 on Tuesday, December 12.

UBS Group AG, together with its subsidiaries, provides financial advice and solutions clients worldwide. The company has market cap of $63.25 billion. It operates through five divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management, and Investment Bank. It has a 60.12 P/E ratio. The Wealth Management division offers advisory and financial services to wealthy private clients.

Among 12 analysts covering UBS AG (NYSE:UBS), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. UBS AG had 21 analyst reports since September 15, 2015 according to SRatingsIntel. Goldman Sachs downgraded UBS Group AG (NYSE:UBS) on Tuesday, September 15 to “Neutral” rating. The stock of UBS Group AG (NYSE:UBS) has “Overweight” rating given on Tuesday, December 6 by Morgan Stanley. As per Thursday, November 10, the company rating was upgraded by Keefe Bruyette & Woods. The firm has “Underperform” rating by Bank of America given on Tuesday, November 3. The firm earned “Sector Perform” rating on Wednesday, October 5 by RBC Capital Markets. Bank of America upgraded the stock to “Neutral” rating in Tuesday, February 7 report. The stock of UBS Group AG (NYSE:UBS) earned “Hold” rating by Kepler Cheuvreux on Tuesday, February 9. The company was downgraded on Friday, May 13 by Societe Generale. The firm has “Buy” rating given on Wednesday, January 11 by Societe Generale. The company was upgraded on Monday, June 26 by JP Morgan.

Meritage Homes Corporation (NYSE:MTH) Institutional Positions Chart