As Goldman Sachs (Gs) (GS) Shares Declined, Shareholder Greenhaven Associates INC Decreased Its Stake

June 27, 2018 - By Ronnie Lemelle

The Goldman Sachs Group, Inc. (NYSE:GS) Corporate LogoDuring 2018 Q1 the big money sentiment increased to 1.16. That’s change of 0.17, from 2017Q4’s 0.99. 61 investors sold all, 357 reduced holdings as GS ratio is positive. 345 grew holdings while 140 funds took holdings. Funds hold 266.01 million shares thus 1.06% less from 2017Q4’s 268.85 million shares. Tctc Liability Corp holds 0.02% of its capital in The Goldman Sachs Group, Inc. (NYSE:GS) for 1,375 shs. Adirondack Tru reported 152 shs. Aviva Public Limited Com, a United Kingdom-based fund reported 265,223 shs. Alexandria Cap Lc holds 1.06% or 28,327 shs. Robeco Institutional Asset Mngmt Bv invested 0.14% in The Goldman Sachs Group, Inc. (NYSE:GS). Hyman Charles D stated it has 0.08% in The Goldman Sachs Group, Inc. (NYSE:GS). Advantus Cap Management Inc holds 35,610 shs. Mackay Shields Ltd Llc holds 65,590 shs. Wealthcare Ltd Liability Corp holds 0% or 50 shs in its capital. Cipher Cap LP holds 18,283 shs or 0.56% of its capital. Synovus Fin has invested 0.06% in The Goldman Sachs Group, Inc. (NYSE:GS). Rocky Mountain Advisers Limited invested in 100 shs. Utah Retirement reported 0.35% stake. Fin Mgmt Pro holds 9 shs. 1,564 were reported by Meiji Yasuda Life Insurance Company.

GS registered $22.92 million net activity with 0 insider buys and 8 selling transactions since January 18, 2018. 3,497 shs valued at $854,665 were sold by SOLOMON DAVID M on Monday, May 14. SALAME PABLO J sold $2.70M worth of The Goldman Sachs Group, Inc. (NYSE:GS) on Thursday, February 1. 17,500 shs were sold by VINIAR DAVID A, worth $4.40M. $1.17 million worth of The Goldman Sachs Group, Inc. (NYSE:GS) shs were sold by ROGERS JOHN F.W.. On Wednesday, February 21 $1.78M worth of The Goldman Sachs Group, Inc. (NYSE:GS) was sold by LEE BRIAN J.

The stake In Goldman Sachs (Gs) (GS) was reduced held by Edgar Wachenheim. According to 2018Q1 Securities and Exchange filling the decrease is 3.1%. By selling 114,693 shares Greenhaven Associates Inc made the stock sank with 13.36%. The finance company announced $902.55 million value for the 2018Q1. Now the hedge fund run by Edgar Wachenheim is holding 3.58 million shares, compared to the 3.70 million from the previous quarter. $85.04B is Goldman Sachs (Gs)’s MC. GS reached $225.14 during the last trading session after $3.56 change.The Goldman Sachs Group, Inc. has volume of 812,193 shares. Since June 27, 2017 GS has risen 5.64% and is uptrending. GS underperformed the S&P500 by 6.93%.

Greenhaven Associates Inc rose its stake in Ford Motor Co (F) (NYSE:F) by 1.46 million shares to 14.61M shares, valued at $161.86M in 2018Q1, according to the filing. It operates about $5.72 billion and $6.36 billion US Long portfolio. Greenhaven Associates Inc has risen its stake in Citigroup (C) (NYSE:C) and also increased its holding in Whirlpool Corp (Whr) (NYSE:WHR) by 21,477 shares in the quarter, for a total of 2.90 million shares.

On July, 17 is anticipated The Goldman Sachs Group, Inc. (NYSE:GS)’s earnings report, according to Zacks. Analysts have anticipation on stock’s earnings per share of $4.72. That’s up 19.49 % from last year’s $3.95 earnings per share. If reported the P/E will be 11.92 with $1.78B profit. Wall Street now forecasts -32.09 % negative EPS growth despite The Goldman Sachs Group, Inc. last quarter’s EPS of $6.95.

For more The Goldman Sachs Group, Inc. (NYSE:GS) news brought out briefly go to: Seekingalpha.com, Themiddlemarket.com, Livetradingnews.com, Livetradingnews.com or Themiddlemarket.com. The titles are as follows: “Bank stocks likely to be more volatile on stress test results: Morgan Stanley” brought out on June 22, 2018, “M&A daily wrap: Phil Mickelson, Reis & Irvy’s, Goldman Sachs, Launch at GS, female founders, Women of ACG LA” on June 19, 2018, “The Goldman Sachs Group, Inc. (NYSE:GS) Declines 3.40%” with a publish date: May 30, 2018, “Goldman Sachs (NYSE:GS) May Extend Digital Assets Trading” and the last “M&A daily wrap: AT&T, Time Warner, AppNexus, DirecTV, GE, JB Dollison, car dealership deals” with publication date: June 25, 2018.

The Goldman Sachs Group, Inc. (NYSE:GS) Ratings Coverage

In total 15 analysts cover Goldman Sachs Group (NYSE:GS). “Buy” rating has 7, “Sell” are 0, while 8 are “Hold”. (NYSE:GS) has 47% bullish analysts. With $330.0 highest and $221.0 lowest target price, Goldman Sachs Group has $284.77 average target price or 26.49% above the current ($225.14) price. 22 are the (NYSE:GS)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Thursday, January 18 Barclays Capital maintained The Goldman Sachs Group, Inc. (NYSE:GS) with “Hold” rating. In Monday, March 26 report Oppenheimer maintained it with “Buy” rating and $28000 target. On Tuesday, April 17 Nomura maintained The Goldman Sachs Group, Inc. (NYSE:GS) with “Hold” rating. On Thursday, January 25 the stock of The Goldman Sachs Group, Inc. (NYSE:GS) earned “Outperform” rating by Wells Fargo. On Thursday, January 18 the stock of The Goldman Sachs Group, Inc. (NYSE:GS) earned “Hold” rating by RBC Capital Markets. On Thursday, March 15 the rating was maintained by Morgan Stanley with “Overweight”. On Friday, February 2 the rating was maintained by Morgan Stanley with “Overweight”. On Wednesday, January 17 the firm has “Hold” rating given by BMO Capital Markets. On Monday, April 23 Oppenheimer maintained The Goldman Sachs Group, Inc. (NYSE:GS) with “Buy” rating. The company rating was maintained by Keefe Bruyette & Woods on Wednesday, January 17.

The Goldman Sachs Group, Inc. (NYSE:GS) Institutional Investors Chart

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