As Goldman Sachs (Gs) (GS) Shares Declined, Shareholder Greenhaven Associates INC Decreased Stake by $28.79 Million

June 27, 2018 - By Georgina Andrews

The Goldman Sachs Group, Inc. (NYSE:GS) Corporate LogoBig Money Sentiment increased to 1.16 in 2018 Q1. It has change of 0.17, from 2017Q4’s 0.99. The ratio increased due to GS positioning: 61 sold and 357 reduced. 140 funds took holdings and 345 increased holdings. Investors holded 268.85 million in 2017Q4 but now own 266.01 million shares or 1.06% less. Massachusetts Svcs Communications Ma has invested 1.31% in The Goldman Sachs Group, Inc. (NYSE:GS). Grand Jean Cap Mgmt reported 37,143 shs. Barclays Public Limited has 0.13% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 683,273 shs. Tctc Hldgs Limited Co holds 0.02% or 1,375 shs in its capital. Old Second Bancshares Of Aurora has 0.02% invested in The Goldman Sachs Group, Inc. (NYSE:GS). Perkins Coie Tru Communication, Washington-based fund reported 470 shs. Rafferty Asset Management Ltd Limited Liability Company has 89,919 shs for 0.34% of their capital. Bamco Inc New York owns 800 shs for 0% of their capital. Northeast Consultants stated it has 2,789 shs. Exchange Capital Mngmt Inc stated it has 12,584 shs or 1% of all its holdings. Elkhorn Partners Lp owns 7,550 shs or 1.21% of their US capital. 31,613 are owned by Commonwealth Of Pennsylvania Pub School Empls Retrmt System. Hollencrest Capital Mngmt has 0.07% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 2,032 shs. Indexiq Advisors Limited Liability Company owns 17,557 shs or 0.14% of their US capital. Metropolitan Life Co invested in 0% or 55,030 shs.

GS had 8 selling transactions and 0 insider purchases since January 18, 2018. This’s net activity of $22.92 million. On Thursday, February 1 SALAME PABLO J had sold 10,000 shs worth $2.70 million. On Monday, January 29 a trade for 21,252 shs valued at $5.77 million was made by SOLOMON DAVID M. On Thursday, January 18 VINIAR DAVID A sold $4.40 million worth of The Goldman Sachs Group, Inc. (NYSE:GS). LEE BRIAN J sold $1.78 million worth of stock. $1.17M worth of stock was sold by ROGERS JOHN F.W. on Friday, February 23.

The stake In Goldman Sachs (Gs) (GS) was reduced owned by Edgar Wachenheim. According to 2018Q1 Securities and Exchange form the decrease is 3.1%. The company’s stock declined 13.36% with the market as Greenhaven Associates Inc sold 114,693 shares. The hedge fund run by Edgar Wachenheim is holding 3.58 million shares, compared to the 3.70 million from the previous quarter. And the announced value of the finance company is $902.55M for the 2018Q1. $85.04 billion is the market cap of Goldman Sachs (Gs). The stock increased 1.61% or $3.56 during the last trading session, hitting $225.14.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 by 6.93% the S&P500.

Greenhaven Associates Inc manages about $5.72B and $6.36B US Long portfolio. It rose its stake in Lennar Corporation (NYSE:LEN) by 3.24M shares to 8.69M shares, valued at $512.23M in 2018Q1, according to the filing. For a total of 573,727 shares it increased its holding in B Shs (Len/B) by 101,247 shares in the quarter, and has risen its stake in Pultegroup (Phm) (NYSE:PHM).

On July, 17 WallStreet awaited The Goldman Sachs Group, Inc. (NYSE:GS)’s earnings report, RTT reports. Last year’s earnings per share was $3.95, while now analysts expect change of 19.49 % up from current $4.72 earnings per share. GS’s profit could be $1.78 billion if the current earnings per share of $4.72 is accurate. -32.09 % negative EPS growth is what Wall Street’s forecasts after $6.95 reported EPS previous quarter.

For more The Goldman Sachs Group, Inc. (NYSE:GS) news published briefly go to: Themiddlemarket.com, Seekingalpha.com, Livetradingnews.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “M&A daily wrap: Phil Mickelson, Reis & Irvy’s, Goldman Sachs, Launch at GS, female founders, Women of ACG LA” published on June 19, 2018, “2 Favorite Banks” on June 14, 2018, “Goldman Sachs (NYSE:GS) May Extend Digital Assets Trading” with a publish date: June 21, 2018, “Goldman Sachs: CCAR Is Likely To Disappoint” and the last “Stocks To Watch: More Trade Tiffs And Stress Tests” with publication date: June 23, 2018.

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

A total of 15 analysts rate Goldman Sachs Group (NYSE:GS) as follows: 7 “Buy”, 8 “Hold” and 0 “Sell”. Тherefore 47% are bullish. The firm has $330.0 highest and $221.0 lowest target. The avg target $284.77 is 26.49% above the last ($225.14) price. (NYSE:GS) has 22 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Thursday, January 18 the rating was maintained by RBC Capital Markets with “Hold”. The stock rating was maintained by Wells Fargo with “Buy” on Thursday, March 22. On Monday, March 26 Oppenheimer maintained the shares of GS in report with “Buy” rating. On Friday, December 29 the firm has “Buy” rating given by Vertical Group. On Tuesday, January 9 the firm earned “Hold” rating by Keefe Bruyette & Woods. On Tuesday, April 17 Keefe Bruyette & Woods maintained The Goldman Sachs Group, Inc. (NYSE:GS) rating. Keefe Bruyette & Woods has “Hold” rating and $26500 target. On Thursday, March 15 Morgan Stanley maintained The Goldman Sachs Group, Inc. (NYSE:GS) rating. Morgan Stanley has “Overweight” rating and $302 target. On Wednesday, January 17 the stock of The Goldman Sachs Group, Inc. (NYSE:GS) has “Hold” rating given by Keefe Bruyette & Woods. In Thursday, January 25 report Wells Fargo maintained the stock with “Outperform” rating. On Wednesday, April 18 the firm earned “Neutral” rating by Buckingham Research.

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

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