Goldman Sachs Group Inc (GS) : R. G. Niederhoffer Capital Management Inc added new position in Goldman Sachs Group Inc during the most recent quarter end. The investment management firm now holds 10,400 shares of Goldman Sachs Group Inc which is valued at $1.6 Million , the company said in a statement filed on May 11, 2016 with the SEC.Goldman Sachs Group Inc makes up approximately 12.09% of R. G. Niederhoffer Capital Management Inc’s portfolio.
Other Hedge Funds, Including , Segment Wealth Management reduced its stake in GS by selling 402 shares or 2.14% in the most recent quarter. The Hedge Fund company now holds 18,412 shares of GS which is valued at $2.9 Million. Goldman Sachs Group Inc makes up approx 1.06% of Segment Wealth Management’s portfolio.Autus Asset Management boosted its stake in GS in the latest quarter, The investment management firm added 2,388 additional shares and now holds a total of 11,781 shares of Goldman Sachs Group Inc which is valued at $1.8 Million. Goldman Sachs Group Inc makes up approx 0.45% of Autus Asset Management’s portfolio.Centre Asset Management reduced its stake in GS by selling 780 shares or 25.16% in the most recent quarter. The Hedge Fund company now holds 2,320 shares of GS which is valued at $368,532. Goldman Sachs Group Inc makes up approx 0.06% of Centre Asset Management’s portfolio.Jennison Associates boosted its stake in GS in the latest quarter, The investment management firm added 182,559 additional shares and now holds a total of 1,367,638 shares of Goldman Sachs Group Inc which is valued at $217.2 Million. Goldman Sachs Group Inc makes up approx 0.23% of Jennison Associates’s portfolio.Gamble Jones Investment Counsel reduced its stake in GS by selling 19 shares or 0.56% in the most recent quarter. The Hedge Fund company now holds 3,350 shares of GS which is valued at $532,148. Goldman Sachs Group Inc makes up approx 0.06% of Gamble Jones Investment Counsel’s portfolio.
Goldman Sachs Group Inc opened for trading at $155.34 and hit $156.9 on the upside on Monday, eventually ending the session at $155.38, with a gain of 0.03% or 0.04 points. The heightened volatility saw the trading volume jump to 31,77,707 shares. Company has a market cap of $64,544 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 segments 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 Companys 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.