Corient Capital Partners LLC Acquires Shares of 10,184 Credit Suisse Group AG (NYSE:CS)

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Corient Capital Partners LLC acquired a new stake in Credit Suisse Group AG (NYSE:CS) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,184 shares of the financial services provider’s stock, valued at approximately $124,000.

A number of other large investors have also added to or reduced their stakes in CS. Greenleaf Trust grew its position in shares of Credit Suisse Group by 31.8% in the second quarter. Greenleaf Trust now owns 29,242 shares of the financial services provider’s stock valued at $350,000 after purchasing an additional 7,053 shares during the last quarter. Atria Investments LLC grew its position in shares of Credit Suisse Group by 29.6% in the second quarter. Atria Investments LLC now owns 26,037 shares of the financial services provider’s stock valued at $287,000 after purchasing an additional 5,941 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Credit Suisse Group in the second quarter valued at approximately $113,000. Envestnet Asset Management Inc. grew its position in shares of Credit Suisse Group by 26.4% in the second quarter. Envestnet Asset Management Inc. now owns 161,831 shares of the financial services provider’s stock valued at $1,937,000 after purchasing an additional 33,839 shares during the last quarter. Finally, IPG Investment Advisors LLC grew its position in shares of Credit Suisse Group by 4.8% in the second quarter. IPG Investment Advisors LLC now owns 64,940 shares of the financial services provider’s stock valued at $777,000 after purchasing an additional 3,000 shares during the last quarter. Hedge funds and other institutional investors own 2.60% of the company’s stock.

Several equities analysts have recently commented on the company. UBS Group reaffirmed a “buy” rating on shares of Credit Suisse Group in a research report on Tuesday, October 15th. Deutsche Bank reaffirmed a “buy” rating on shares of Credit Suisse Group in a research report on Friday, August 30th. Zacks Investment Research raised Credit Suisse Group from a “sell” rating to a “hold” rating in a research report on Tuesday, November 12th. BNP Paribas raised Credit Suisse Group from a “neutral” rating to an “outperform” rating in a research report on Friday, August 30th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating and issued a $26.90 target price on shares of Credit Suisse Group in a research report on Tuesday, October 22nd. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $23.43.

Shares of NYSE:CS opened at $13.02 on Monday. The company has a market capitalization of $32.23 billion, a P/E ratio of 11.58, a P/E/G ratio of 0.60 and a beta of 1.42. Credit Suisse Group AG has a 1 year low of $10.23 and a 1 year high of $13.62. The company has a debt-to-equity ratio of 3.51, a current ratio of 1.35 and a quick ratio of 1.35. The business’s 50 day simple moving average is $12.34 and its 200 day simple moving average is $12.07.

About Credit Suisse Group

Credit Suisse Group AG, through its subsidiaries, provides various financial services worldwide. It operates through Swiss Universal Bank, International Wealth Management, Asia Pacific, Global Markets, and Investment Banking & Capital Markets segments. The company offers private banking and wealth management solutions, including advisory, investment, financial planning, succession planning, and trust services; and financing and lending, and multi-shore platform solutions.

Read More: How does a 12b-1 fee affect fund performance?

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

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