Credit Suisse Group (Call) (CS) Stock Value Declined While Twin Tree Management LP Has Decreased Its Stake; Ronna Sue Cohen Increases Stake in United Parcel Service (UPS)

February 4, 2018 - By Marguerite Chambers

Ronna Sue Cohen increased its stake in United Parcel Service (UPS) by 22.45% based on its latest 2017Q3 regulatory filing with the SEC. Ronna Sue Cohen bought 4,630 shares as the company’s stock declined 3.26% while stock markets rallied. The institutional investor held 25,255 shares of the transportation company at the end of 2017Q3, valued at $3.03M, up from 20,625 at the end of the previous reported quarter. Ronna Sue Cohen who had been investing in United Parcel Service for a number of months, seems to be bullish on the $100.37 billion market cap company. The stock decreased 2.54% or $3.04 during the last trading session, reaching $116.47. About 9.24M shares traded or 168.03% up from the average. United Parcel Service, Inc. (NYSE:UPS) has risen 2.10% since February 4, 2017 and is uptrending. It has underperformed by 14.60% the S&P500.




Twin Tree Management Lp decreased its stake in Credit Suisse Group (Call) (CS) by 13.88% based on its latest 2017Q3 regulatory filing with the SEC. Twin Tree Management Lp sold 28,900 shares as the company’s stock declined 6.87% while stock markets rallied. The hedge fund held 179,300 shares of the investment bankers and brokers and service company at the end of 2017Q3, valued at $2.83 million, down from 208,200 at the end of the previous reported quarter. Twin Tree Management Lp who had been investing in Credit Suisse Group (Call) for a number of months, seems to be less bullish one the $47.39B market cap company. The stock decreased 2.94% or $0.58 during the last trading session, reaching $19.13. About 3.25 million shares traded or 30.39% up from the average. Credit Suisse Group AG (NYSE:CS) has risen 6.69% since February 4, 2017 and is uptrending. It has underperformed by 10.01% the S&P500.

Among 12 analysts covering Credit Suisse Group Ag (NYSE:CS), 8 have Buy rating, 1 Sell and 3 Hold. Therefore 67% are positive. Credit Suisse Group Ag had 23 analyst reports since July 28, 2015 according to SRatingsIntel. On Thursday, November 10 the stock rating was upgraded by Keefe Bruyette & Woods to “Outperform”. The stock has “Hold” rating by TheStreet on Tuesday, July 28. The firm has “Equal-Weight” rating by Morgan Stanley given on Friday, February 5. The stock of Credit Suisse Group AG (NYSE:CS) has “Overweight” rating given on Thursday, December 8 by JP Morgan. The firm earned “Overweight” rating on Monday, June 26 by JP Morgan. The stock has “Sell” rating by Barclays Capital on Tuesday, January 16. The firm has “Equal-Weight” rating by Barclays Capital given on Thursday, June 9. The firm has “Neutral” rating given on Friday, May 20 by Bank of America. The company was upgraded on Monday, June 19 by Deutsche Bank. The stock of Credit Suisse Group AG (NYSE:CS) earned “Overweight” rating by Morgan Stanley on Friday, February 17.

Twin Tree Management Lp, which manages about $432.39M and $12.62 billion US Long portfolio, upped its stake in Centene Corp Del (Put) (NYSE:CNC) by 152,700 shares to 156,600 shares, valued at $15.15 million in 2017Q3, according to the filing. It also increased its holding in Verizon Communications Inc (Put) (NYSE:VZ) by 73,400 shares in the quarter, for a total of 446,800 shares, and has risen its stake in Caterpillar Inc Del (Put) (NYSE:CAT).

Since August 22, 2017, it had 0 insider purchases, and 1 insider sale for $2.02 million activity.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.