Virtu Financial LLC lifted its position in Credit Suisse Group AG (NYSE:CS) by 195.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 51,158 shares of the financial services provider’s stock after purchasing an additional 33,848 shares during the quarter. Virtu Financial LLC’s holdings in Credit Suisse Group were worth $764,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Trexquant Investment LP boosted its stake in Credit Suisse Group by 60.0% during the third quarter. Trexquant Investment LP now owns 88,574 shares of the financial services provider’s stock worth $1,323,000 after buying an additional 33,226 shares during the last quarter. Bank of New York Mellon Corp raised its position in Credit Suisse Group by 252.4% in the third quarter. Bank of New York Mellon Corp now owns 1,308,059 shares of the financial services provider’s stock valued at $19,542,000 after purchasing an additional 936,895 shares during the period. Crossmark Global Holdings Inc. raised its position in Credit Suisse Group by 18.3% in the third quarter. Crossmark Global Holdings Inc. now owns 205,120 shares of the financial services provider’s stock valued at $3,064,000 after purchasing an additional 31,799 shares during the period. MML Investors Services LLC raised its position in Credit Suisse Group by 18.9% in the third quarter. MML Investors Services LLC now owns 82,700 shares of the financial services provider’s stock valued at $1,236,000 after purchasing an additional 13,155 shares during the period. Finally, Rhumbline Advisers purchased a new stake in Credit Suisse Group in the third quarter valued at $151,000. Hedge funds and other institutional investors own 2.79% of the company’s stock.

CS stock opened at $11.64 on Thursday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 3.82. The firm has a market capitalization of $29.75 billion, a P/E ratio of 21.56 and a beta of 1.38. Credit Suisse Group AG has a 12-month low of $11.56 and a 12-month high of $19.98.

CS has been the topic of a number of research analyst reports. ValuEngine upgraded Credit Suisse Group from a “sell” rating to a “hold” rating in a research report on Thursday, November 1st. Morgan Stanley downgraded Credit Suisse Group from an “overweight” rating to an “equal” rating in a report on Tuesday, November 27th. Zacks Investment Research upgraded Credit Suisse Group from a “sell” rating to a “buy” rating and set a $17.00 price objective on the stock in a report on Tuesday, August 21st. Societe Generale reiterated a “hold” rating on shares of Credit Suisse Group in a report on Friday, November 2nd. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of Credit Suisse Group in a report on Tuesday, September 4th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $16.50.

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Credit Suisse Group Company Profile

Credit Suisse Group AG, together with its subsidiaries, provides various financial services worldwide. It operates through six segments: Swiss Universal Bank, International Wealth Management, Asia Pacific, Global Markets, Investment Banking & Capital Markets, and Strategic Resolution Unit. 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.

Further Reading: Return on Equity (ROE)

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

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