Credit Suisse Group (NYSE:CS).
Thornburg Investment Management Inc says it lowered its investment in Credit Suisse Group by 3.7% as reported in a filing on 11/15/2017. Its stake was valued at $26,300,000 an increase of 4.2% as of quarter end.
These firms have modified their investment in CS. As of quarter end Raymond James & Associates had acquired a total of 32,008 shares growing its stake by 6.3%. The value of the investment in Credit Suisse Group went from $7,434,000 to $8,551,000 a change of $1,117,000 quarter over quarter. Dimensional Fund Advisors Lp cut its ownership by selling 27,972 shares a decrease of 1.6% as of 09/30/2017. Dimensional Fund Advisors Lp now holds 1,744,101 shares valued at $27,557,000. The total value of its holdings increased 6.5%.
As of the end of the quarter Auxier Asset Management had bought 350 shares growing its position 0.2%. The value of the investment in CS increased from $3,130,000 to $3,393,000 a change of 8.4% for the reporting period.
On September 8, 2017 Citigroup kept a “Buy” rating on the company.
August 11 investment analysts at Goldman Sachs Group, Inc. (The) reiterated a “Buy” rating on the company. On August 10, 2017 Citigroup reiterated a “Buy” rating on the stock.
The company is now down from yesterday’s close of 15.92. Credit Suisse Group currently has a P/E ratio of N/A and market capitalization is 40.40B. In the latest earnings report the EPS was $-0.77 with 2.56B shares currently outstanding.
Investors are more bearish lately looking at the change in short interest. The firm saw a rise in short interest between October 13, 2017 and October 31, 2017 of 20.39%. Short shares grew 1,141,789 over that period. The short-interest ratio decreased to 2.0 and the percentage of shorted shares is 0.00% as of October 31.