Some “curious stock purchases” revealed in the 13F for UBS of GEO Group shares “have us wondering if there is an activist in the name,” DealReporter said, according to contacts. The 13F for the bank reveals it picked up 4.98M shares of the company during the quarter, the report noted. “Given UBS hasn’t owned more than 251,000 shares over the past year and the bank is a common counterparty for activist swap positions, we can’t help but wonder if these stock buys are tied to an activist,” the report added, according to contacts.
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