Gradient Investments LLC boosted its holdings in Credit Suisse Group AG (NYSE:CS) by 28.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 104,742 shares of the financial services provider’s stock after buying an additional 22,982 shares during the quarter. Gradient Investments LLC’s holdings in Credit Suisse Group were worth $1,870,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Earnest Partners LLC raised its position in Credit Suisse Group by 6.3% in the third quarter. Earnest Partners LLC now owns 7,588,346 shares of the financial services provider’s stock valued at $119,896,000 after purchasing an additional 451,238 shares during the last quarter. Tocqueville Asset Management L.P. raised its position in Credit Suisse Group by 22.8% in the third quarter. Tocqueville Asset Management L.P. now owns 1,423,532 shares of the financial services provider’s stock valued at $22,492,000 after purchasing an additional 264,053 shares during the last quarter. Parametric Portfolio Associates LLC raised its position in Credit Suisse Group by 14.1% in the third quarter. Parametric Portfolio Associates LLC now owns 2,057,652 shares of the financial services provider’s stock valued at $32,511,000 after purchasing an additional 254,174 shares during the last quarter. Crossmark Global Holdings Inc. bought a new position in Credit Suisse Group in the third quarter valued at about $3,690,000. Finally, GRATRY & Co LLC bought a new position in Credit Suisse Group in the fourth quarter valued at about $2,949,000. 2.81% of the stock is currently owned by institutional investors and hedge funds.

Credit Suisse Group AG (NYSE CS) opened at $17.56 on Monday. Credit Suisse Group AG has a 1 year low of $13.28 and a 1 year high of $19.98. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 4.09.

Several equities analysts have commented on CS shares. Citigroup reiterated a “buy” rating on shares of Credit Suisse Group in a research report on Friday, December 1st. Societe Generale downgraded Credit Suisse Group from a “buy” rating to a “hold” rating in a research report on Tuesday, January 9th. Goldman Sachs Group reiterated a “buy” rating on shares of Credit Suisse Group in a research report on Tuesday, December 5th. Zacks Investment Research downgraded Credit Suisse Group from a “buy” rating to a “hold” rating in a research report on Friday, January 19th. Finally, Macquarie upgraded Credit Suisse Group from an “underperform” rating to a “neutral” rating in a research report on Wednesday, November 15th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the stock. Credit Suisse Group presently has a consensus rating of “Buy” and a consensus price target of $22.00.

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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.

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

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