SG Americas Securities LLC Has $5.07 Million Holdings in Credit Suisse Group AG (CS)

SG Americas Securities LLC lifted its holdings in Credit Suisse Group AG (NYSE:CS) by 12.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 321,066 shares of the financial services provider’s stock after purchasing an additional 35,109 shares during the period. SG Americas Securities LLC’s holdings in Credit Suisse Group were worth $5,073,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the stock. Earnest Partners LLC raised its holdings in shares of Credit Suisse Group by 19.9% in the second quarter. Earnest Partners LLC now owns 7,137,108 shares of the financial services provider’s stock worth $104,202,000 after buying an additional 1,185,069 shares during the last quarter. Brandes Investment Partners LP increased its stake in shares of Credit Suisse Group by 8.3% in the second quarter. Brandes Investment Partners LP now owns 6,781,049 shares of the financial services provider’s stock worth $99,003,000 after acquiring an additional 519,038 shares during the period. Sei Investments Co. increased its stake in shares of Credit Suisse Group by 131.0% in the second quarter. Sei Investments Co. now owns 2,745,869 shares of the financial services provider’s stock worth $40,089,000 after acquiring an additional 1,557,160 shares during the period. Northern Trust Corp increased its stake in shares of Credit Suisse Group by 1.0% in the second quarter. Northern Trust Corp now owns 1,982,008 shares of the financial services provider’s stock worth $28,937,000 after acquiring an additional 18,880 shares during the period. Finally, Parametric Portfolio Associates LLC increased its stake in shares of Credit Suisse Group by 6.2% in the second quarter. Parametric Portfolio Associates LLC now owns 1,822,612 shares of the financial services provider’s stock worth $26,610,000 after acquiring an additional 106,086 shares during the period. 2.85% of the stock is owned by institutional investors.

Shares of Credit Suisse Group AG (CS) traded up $0.07 on Monday, hitting $17.20. 2,792,988 shares of the company’s stock were exchanged, compared to its average volume of 3,752,370. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 4.09. Credit Suisse Group AG has a 1-year low of $13.28 and a 1-year high of $17.30.

Several analysts recently commented on CS shares. Santander upgraded shares of Credit Suisse Group from an “underperform” rating to a “buy” rating in a research report on Tuesday, September 26th. Zacks Investment Research upgraded shares of Credit Suisse Group from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a research report on Wednesday, September 13th. Societe Generale raised shares of Credit Suisse Group from a “hold” rating to a “buy” rating in a report on Monday, September 11th. Citigroup reaffirmed a “buy” rating on shares of Credit Suisse Group in a report on Friday, September 8th. Finally, UBS reissued a “buy” rating on shares of Credit Suisse Group in a research note on Tuesday, September 5th. One research analyst has rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $17.00.

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Credit Suisse Group Company Profile

Credit Suisse Group AG (Credit Suisse) is a financial services company. The Company’s segments include Swiss Universal Bank, International Wealth Management, Asia Pacific, Global Markets, Investment Banking & Capital Markets, Strategic Resolution Unit and Corporate Center. It offers a range of private banking and wealth management solutions to its clients in its Swiss Universal Bank, International Wealth Management and Asia Pacific divisions.

Institutional Ownership by Quarter for Credit Suisse Group (NYSE:CS)

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