August 1, 2017 – By Richard Conner
Investors sentiment increased to 0.88 in 2016 Q4. Its up 0.02, from 0.86 in 2016Q3. It increased, as 65 investors sold Goldman Sachs Group Inc shares while 424 reduced holdings. 168 funds opened positions while 262 raised stakes. 287.95 million shares or 5.61% more from 272.65 million shares in 2016Q3 were reported.
Guggenheim Cap Llc reported 228,315 shares stake. Maltese Cap Mngmt Lc holds 0.8% of its portfolio in Goldman Sachs Group Inc (NYSE:GS) for 37,100 shares. Park Circle Company stated it has 18,000 shares or 2.82% of all its holdings. Valicenti Advisory, New York-based fund reported 14,756 shares. Fisher Asset Ltd Co reported 1.94 million shares. Oakworth Incorporated stated it has 665 shares or 0.05% of all its holdings. Deutsche Commercial Bank Ag stated it has 940,014 shares or 0.18% of all its holdings. Chickasaw Mgmt Ltd holds 0.04% or 7,750 shares. 159 are owned by First Personal. The Illinois-based Harris Associate Ltd Partnership has invested 1.02% in Goldman Sachs Group Inc (NYSE:GS). Moreover, Shelton Cap Mgmt has 0.41% invested in Goldman Sachs Group Inc (NYSE:GS). Carnegie Asset Management Limited Liability Corp invested 0.15% in Goldman Sachs Group Inc (NYSE:GS). Kansas-based Meritage Port Mngmt has invested 0.51% in Goldman Sachs Group Inc (NYSE:GS). Mycio Wealth Prtnrs Ltd Liability has invested 0.05% in Goldman Sachs Group Inc (NYSE:GS). Birinyi Associate, Connecticut-based fund reported 17,375 shares.
Since February 3, 2017, it had 0 buys, and 10 insider sales for $25.95 million activity. The insider ROGERS JOHN F.W. sold 8,338 shares worth $2.00M. On Friday, February 3 the insider COHEN ALAN M sold $571,767. 5,954 shares valued at $1.47M were sold by VINIAR DAVID A on Monday, February 13. Shares for $2.51M were sold by SMITH SARAH G. $2.01 million worth of Goldman Sachs Group Inc (NYSE:GS) shares were sold by SOLOMON DAVID M. Another trade for 10,000 shares valued at $2.52M was made by SALAME PABLO J on Tuesday, February 21.
Goldman Sachs Group Inc (NYSE:GS) Ratings Coverage
Among 26 analysts covering Goldman Sachs Group Inc. (NYSE:GS), 12 have Buy rating, 1 Sell and 13 Hold. Therefore 46% are positive. Goldman Sachs Group Inc. had 71 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Wood given on Friday, April 7. The stock of Goldman Sachs Group Inc (NYSE:GS) earned “Buy” rating by Citigroup on Monday, October 12. On Tuesday, November 29 the stock rating was upgraded by Keefe Bruyette & Woods to “Outperform”. BMO Capital Markets maintained Goldman Sachs Group Inc (NYSE:GS) on Wednesday, May 31 with “Hold” rating. On Friday, February 5 the stock rating was upgraded by UBS to “Buy”. Citigroup upgraded the shares of GS in report on Wednesday, April 19 to “Neutral” rating. Rafferty maintained Goldman Sachs Group Inc (NYSE:GS) rating on Thursday, November 10. Rafferty has “Buy” rating and $227 target. Guggenheim downgraded Goldman Sachs Group Inc (NYSE:GS) on Thursday, October 20 to “Neutral” rating. As per Wednesday, December 21, the company rating was downgraded by Atlantic Securities. The firm earned “Neutral” rating on Tuesday, November 8 by Citigroup. Below is a list of Goldman Sachs Group Inc (NYSE:GS) latest ratings and price target changes.
24/07/2017 Broker: UBS Old Rating: Buy New Rating: Neutral Downgrade
19/07/2017 Broker: Berenberg Rating: Sell New Target: $190.0000
18/07/2017 Broker: BMO Capital Markets Rating: Hold New Target: $202.0000 Maintain
19/07/2017 Broker: Keefe Bruyette & Woods Rating: Hold Downgrade
19/07/2017 Broker: Wood Old Rating: Outperform New Rating: Market Perform Downgrade
18/07/2017 Broker: Oppenheimer Rating: Buy Maintain
11/07/2017 Broker: Oppenheimer Rating: Buy New Target: $251.0000
28/06/2017 Broker: Credit Suisse Rating: Buy New Target: $240.0000
22/06/2017 Broker: RBC Capital Markets Rating: Hold New Target: $240.0000 Maintain
07/06/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $260.0000 Maintain
About 916,633 shares traded. Goldman Sachs Group Inc (NYSE:GS) has risen 39.23% since August 1, 2016 and is uptrending. It has outperformed by 22.53% the S&P500.
The Goldman Sachs Group, Inc. is an investment banking, securities and investment management firm that provides a range of financial services to firms, financial institutions, governments and individuals. The company has market cap of $89.73 billion. The Firm operates in four business divisions: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. It has a 11.97 P/E ratio. The Investment Banking segment consists of financial advisory and underwriting.
More notable recent Goldman Sachs Group Inc (NYSE:GS) news were published by: Cnbc.com which released: “Goldman Sachs retreats from ETF lead market making” on July 25, 2017, also Nytimes.com with their article: “Morgan Stanley Claims Another Trading Victory Over Rival Goldman Sachs” published on July 19, 2017, Bloomberg.com published: “Goldman Sachs, BofA Reverse Roles With Core Business Disappointments” on July 18, 2017. More interesting news about Goldman Sachs Group Inc (NYSE:GS) were released by: Bloomberg.com and their article: “Goldman Partners With Fidelity to Offer Loans to Wealthy Clients” published on July 27, 2017 as well as Marketwatch.com‘s news article titled: “Bank of America tops Goldman Sachs in trading” with publication date: July 18, 2017.
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