Signaturefd LLC lifted its holdings in shares of Credit score Suisse Group AG (NYSE:CS – Get Ranking) by 7.5% through the first quarter, Holdings Channel experiences. The fund owned 31,910 shares of the monetary providers supplier’s inventory after buying a further 2,215 shares through the quarter. Signaturefd LLC’s holdings in Credit score Suisse Group had been value $250,000 as of its most up-to-date SEC submitting.

A variety of different hedge funds and different institutional traders have additionally modified their holdings of CS. Ieq Capital LLC acquired a brand new place in shares of Credit score Suisse Group within the first quarter value about $79,000. Veriti Administration LLC lifted its stake in shares of Credit score Suisse Group by 23.9% within the first quarter. Veriti Administration LLC now owns 44,913 shares of the monetary providers supplier’s inventory value $353,000 after buying a further 8,659 shares within the final quarter. Dimensional Fund Advisors LP lifted its stake in shares of Credit score Suisse Group by 6.3% within the fourth quarter. Dimensional Fund Advisors LP now owns 4,939,181 shares of the monetary providers supplier’s inventory value $47,614,000 after buying a further 294,425 shares within the final quarter. One Fin Capital Administration LP acquired a brand new place in shares of Credit score Suisse Group within the fourth quarter value about $4,820,000. Lastly, Causeway Capital Administration LLC lifted its stake in shares of Credit score Suisse Group by 10.1% within the fourth quarter. Causeway Capital Administration LLC now owns 1,747,147 shares of the monetary providers supplier’s inventory value $16,842,000 after buying a further 159,677 shares within the final quarter. 13.58% of the inventory is owned by hedge funds and different institutional traders.

Analyst Upgrades and Downgrades

CS has been the subject of a number of latest analyst experiences. Citigroup lower their value goal on Credit score Suisse Group from CHF 9.40 to CHF Eight and set a “purchase” ranking on the inventory in a analysis word on Monday, Could 16th. Redburn Companions lowered Credit score Suisse Group from a “impartial” ranking to a “promote” ranking in a report on Thursday, June 23rd. StockNews.com assumed protection on Credit score Suisse Group in a report on Thursday, March 31st. They issued a “maintain” ranking for the corporate. The Goldman Sachs Group assumed protection on Credit score Suisse Group in a report on Wednesday, March 30th. They issued a “impartial” ranking for the corporate. Lastly, Morgan Stanley lowered Credit score Suisse Group from an “equal weight” ranking to an “underweight” ranking in a report on Wednesday, July 13th. 5 analysts have rated the inventory with a promote ranking, 9 have given a maintain ranking and three have assigned a purchase ranking to the corporate’s inventory. Based mostly on knowledge from MarketBeat.com, Credit score Suisse Group has a mean ranking of “Maintain” and a mean goal value of $7.96.

Credit score Suisse Group Inventory Down 2.1 %

NYSE:CS opened at $5.48 on Friday. The agency has a market capitalization of $14.53 billion, a PE ratio of -7.83 and a beta of 1.44. The inventory has a 50 day transferring common of $6.15 and a 200-day transferring common of $7.54. Credit score Suisse Group AG has a 52 week low of $5.05 and a 52 week excessive of $11.04. The corporate has a present ratio of 1.34, a fast ratio of 1.34 and a debt-to-equity ratio of three.59.

Credit score Suisse Group (NYSE:CS – Get Ranking) final issued its quarterly earnings knowledge on Wednesday, April 27th. The monetary providers supplier reported ($0.11) earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of $0.18 by ($0.29). Credit score Suisse Group had a unfavourable return on fairness of 0.63% and a unfavourable internet margin of 6.95%. The enterprise had income of $4.78 billion through the quarter, in comparison with the consensus estimate of $5.27 billion. Analysts predict that Credit score Suisse Group AG will submit 0.11 EPS for the present yr.

Credit score Suisse Group Cuts Dividend

The agency additionally not too long ago disclosed a — dividend, which was paid on Monday, Could 23rd. Buyers of file on Tuesday, Could 10th had been issued a $0.0528 dividend. This represents a yield of 0.5%. The ex-dividend date was Monday, Could ninth. Credit score Suisse Group’s dividend payout ratio (DPR) is -5.71%.

About Credit score Suisse Group

(Get Ranking)

Credit score Suisse Group AG, along with its subsidiaries, supplies numerous monetary providers in Switzerland, Europe, the Center East, Africa, the Americas, and Asia Pacific. The corporate provides wealth administration options, together with funding recommendation and discretionary asset administration providers; threat administration options, equivalent to managed funding merchandise; and wealth planning, succession planning, and belief providers.

Learn Extra

Need to see what different hedge funds are holding CS? Go to HoldingsChannel.com to get the newest 13F filings and insider trades for Credit score Suisse Group AG (NYSE:CS – Get Ranking).

Obtain Information & Rankings for Credit score Suisse Group Every day – Enter your e mail deal with under to obtain a concise every day abstract of the newest information and analysts’ rankings for Credit score Suisse Group and associated corporations with MarketBeat.com’s FREE every day e mail e-newsletter.