Pelham Capital Ltd. Exits Position in Goldman Sachs Group Inc (GS)

Goldman Sachs Group Inc (GS) : Pelham Capital Ltd. has sold out all of its stake in Goldman Sachs Group Inc during the most recent quarter, according to the disclosure filed by the company on May 3, 2016 with the SEC. The investment management company has sold out 25,801 shares of Goldman Sachs Group Inc which is valued at $4,098,489.

Other Hedge Funds, Including , Bluecrest Capital Management Ltd boosted its stake in GS in the latest quarter, The investment management firm added 8,738 additional shares and now holds a total of 14,558 shares of Goldman Sachs Group Inc which is valued at $2,312,538. Goldman Sachs Group Inc makes up approx 0.20% of Bluecrest Capital Management Ltd’s portfolio.Bedrijfstakpensioenfonds Voor De Media Pno reduced its stake in GS by selling 1,900 shares or 24.05% in the most recent quarter. The Hedge Fund company now holds 6,000 shares of GS which is valued at $984,660. Goldman Sachs Group Inc makes up approx 0.14% of Bedrijfstakpensioenfonds Voor De Media Pno’s portfolio.Legacy Private Trust reduced its stake in GS by selling 425 shares or 11.68% in the most recent quarter. The Hedge Fund company now holds 3,213 shares of GS which is valued at $535,768. Goldman Sachs Group Inc makes up approx 0.08% of Legacy Private Trust’s portfolio. Northside Capital Management added GS to its portfolio by purchasing 2,955 company shares during the most recent quarter which is valued at $492,746. Goldman Sachs Group Inc makes up approx 0.31% of Northside Capital Management’s portfolio.

Goldman Sachs Group Inc opened for trading at $158.67 and hit $161.5 on the upside on Tuesday, eventually ending the session at $161.42, with a gain of 2.48% or 3.91 points. The heightened volatility saw the trading volume jump to 23,79,590 shares. Company has a market cap of $67,053 M.

On the company’s financial health, Goldman Sachs Group Inc reported $2.68 EPS for the quarter, beating the analyst consensus estimate by $ 0.18 according to the earnings call on Apr 19, 2016. Analyst had a consensus of $2.50. The company had revenue of $6340.00 million for the quarter, compared to analysts expectations of $6523.46 million. The company’s revenue was down -40.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $5.94 EPS.

Many Wall Street Analysts have commented on Goldman Sachs Group Inc. Shares were Reiterated by Nomura on Apr 20, 2016 to “Buy” and Lowered the Price Target to $ 200 from a previous price target of $206 .Company shares were Upgraded by JP Morgan on Feb 16, 2016 to ” Overweight”, Firm has raised the Price Target to $ 180 from a previous price target of $170 .

The Goldman Sachs Group Inc. is a bank holding company and a financial holding company. The Company is a global investment banking securities and investment management company that provides a range of financial services to a diversified client base that include corporations financial institutions Governments and individuals. The Company has four business segments. The Investment Banking segment’s services include strategic advisory assignments and debt and equity underwriting of public offerings and private placements. Its Institutional Client Services segment makes markets and facilitates client transactions in fixed income equity currency and commodity products. Its investing and lending activities include the Company’s investing and relationship lending activities across various asset classes primarily debt securities and loans public and private equity securities and real estate. Its investment management segment provides investment and wealth advisory services.

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