Vantage Investment Partners LLC acquired a new stake in Credit Suisse Group AG (NYSE:CS) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 69,100 shares of the financial services provider’s stock, valued at approximately $1,233,000. Credit Suisse Group accounts for 1.1% of Vantage Investment Partners LLC’s investment portfolio, making the stock its 24th largest position.
Other large investors have also made changes to their positions in the company. Zions Bancorporation grew its stake in Credit Suisse Group by 2,018.8% in the 3rd quarter. Zions Bancorporation now owns 7,543 shares of the financial services provider’s stock valued at $119,000 after purchasing an additional 7,187 shares during the period. FNY Managed Accounts LLC bought a new position in Credit Suisse Group in the 3rd quarter valued at $121,000. Valeo Financial Advisors LLC bought a new position in Credit Suisse Group in the 3rd quarter valued at $145,000. Harbor Advisors LLC bought a new position in Credit Suisse Group in the 4th quarter valued at $179,000. Finally, Scotia Capital Inc. bought a new position in Credit Suisse Group in the 4th quarter valued at $182,000. Hedge funds and other institutional investors own 3.00% of the company’s stock.
Credit Suisse Group AG (NYSE CS) opened at $18.22 on Friday. The company has a debt-to-equity ratio of 4.10, a quick ratio of 1.41 and a current ratio of 1.39. The firm has a market capitalization of $46,570.54, a price-to-earnings ratio of 30.37 and a beta of 1.38. Credit Suisse Group AG has a 12 month low of $13.28 and a 12 month high of $19.98.
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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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