Assetmark Inc. Purchases 123,854 Shares of Credit Suisse Group AG (CS)
Assetmark Inc. raised its position in Credit Suisse Group AG (NYSE:CS) by 108,643.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 123,968 shares of the financial services provider’s stock after purchasing an additional 123,854 shares during the quarter. Assetmark Inc.’s holdings in Credit Suisse Group were worth $2,213,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CS. Earnest Partners LLC raised its stake in shares of Credit Suisse Group by 6.3% in the 3rd 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 period. Parametric Portfolio Associates LLC increased its position in shares of 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 acquiring an additional 254,174 shares during the last quarter. Ascend Capital LLC acquired a new stake in shares of Credit Suisse Group in the fourth quarter valued at about $4,200,000. GRATRY & Co LLC acquired a new stake in shares of Credit Suisse Group in the fourth quarter valued at about $2,949,000. Finally, Jane Street Group LLC increased its position in shares of Credit Suisse Group by 555.7% in the third quarter. Jane Street Group LLC now owns 194,189 shares of the financial services provider’s stock valued at $3,068,000 after acquiring an additional 164,574 shares during the last quarter. 2.79% of the stock is currently owned by hedge funds and other institutional investors.
Credit Suisse Group AG (NYSE:CS) opened at $17.94 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 1.39, a quick ratio of 1.41 and a debt-to-equity ratio of 4.10. The company has a market capitalization of $45,854.86, a PE ratio of -51.26 and a beta of 1.38.
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About Credit Suisse Group
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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