Fox Run Management L.L.C. grew its position in Credit Suisse Group (NYSE:CS) by 84.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 32,900 shares of the financial services provider’s stock after acquiring an additional 15,100 shares during the quarter. Fox Run Management L.L.C.’s holdings in Credit Suisse Group were worth $520,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Earnest Partners LLC grew 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 purchasing an additional 1,185,069 shares during the last quarter. Brandes Investment Partners LP grew its holdings 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 purchasing an additional 519,038 shares during the last quarter. Sei Investments Co. grew its holdings 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 purchasing an additional 1,557,160 shares during the last quarter. Northern Trust Corp grew its holdings 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 purchasing an additional 18,880 shares during the last quarter. Finally, Parametric Portfolio Associates LLC grew its holdings 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 purchasing an additional 106,086 shares during the last quarter. 2.94% of the stock is currently owned by institutional investors and hedge funds.

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Credit Suisse Group (NYSE:CS) opened at 15.79 on Monday. The company’s market capitalization is $40.32 billion. The firm’s 50-day moving average is $15.72 and its 200 day moving average is $14.98. Credit Suisse Group has a one year low of $12.34 and a one year high of $16.27.

Credit Suisse Group (NYSE:CS) last released its earnings results on Friday, July 28th. The financial services provider reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.05). The firm had revenue of $5.28 billion during the quarter. Credit Suisse Group had a negative net margin of 4.84% and a negative return on equity of 2.93%. On average, equities analysts expect that Credit Suisse Group will post $1.08 EPS for the current fiscal year.

A number of research analysts have recently commented on CS shares. Societe Generale upgraded shares of Credit Suisse Group from a “hold” rating to a “buy” rating in a report on Monday, September 11th. UBS AG restated a “buy” rating on shares of Credit Suisse Group in a report on Tuesday, September 5th. Santander upgraded shares of Credit Suisse Group from an “underperform” rating to a “buy” rating in a report on Tuesday, September 26th. BidaskClub cut shares of Credit Suisse Group from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Finally, Goldman Sachs Group, Inc. (The) restated a “buy” rating on shares of Credit Suisse Group in a report on Friday, August 11th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and twelve have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $16.50.

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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