Goldman Sachs Group Inc (GS) : Genesee Valley Trust Co scooped up 152 additional shares in Goldman Sachs Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 6,025 shares of Goldman Sachs Group Inc which is valued at $969,965.Goldman Sachs Group Inc makes up approximately 0.63% of Genesee Valley Trust Co’s portfolio.
Other Hedge Funds, Including , Smith Asset Management Group Lp reduced its stake in GS by selling 20 shares or 18.52% in the most recent quarter. The Hedge Fund company now holds 88 shares of GS which is valued at $14,167.Newsquare Capital reduced its stake in GS by selling 12 shares or 25.53% in the most recent quarter. The Hedge Fund company now holds 35 shares of GS which is valued at $5,635.Farmers Merchants Investments Inc reduced its stake in GS by selling 887 shares or 8.81% in the most recent quarter. The Hedge Fund company now holds 9,183 shares of GS which is valued at $1,485,534. Goldman Sachs Group Inc makes up approx 0.16% of Farmers Merchants Investments Inc’s portfolio. Cribstone Capital Management added GS to its portfolio by purchasing 106 company shares during the most recent quarter which is valued at $17,148. Goldman Sachs Group Inc makes up approx 0.01% of Cribstone Capital Management’s portfolio.Nisa Investment Advisors boosted its stake in GS in the latest quarter, The investment management firm added 3,604 additional shares and now holds a total of 110,188 shares of Goldman Sachs Group Inc which is valued at $17,997,006. Goldman Sachs Group Inc makes up approx 0.24% of Nisa Investment Advisors’s portfolio.
Goldman Sachs Group Inc closed down -1.72 points or -1.07% at $158.81 with 23,88,194 shares getting traded on Friday. Post opening the session at $159.51, the shares hit an intraday low of $158.65 and an intraday high of $160.19 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Goldman Sachs Group Inc reported $3.72 EPS for the quarter, beating the analyst consensus estimate by $ 0.67 according to the earnings call on Jul 19, 2016. Analyst had a consensus of $3.05. The company had revenue of $7932.00 million for the quarter, compared to analysts expectations of $7484.56 million. The company’s revenue was down -12.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $4.75 EPS.
Many Wall Street Analysts have commented on Goldman Sachs Group Inc. Shares were Reiterated by UBS on Jul 20, 2016 to “Neutral” and Lowered the Price Target to $ 180 from a previous price target of $185 .Company shares were Reiterated by RBC Capital Mkts on Jul 20, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 150 from a previous price target of $145 .Berenberg Initiated Goldman Sachs Group Inc on Jul 13, 2016 to “Hold”, Price Target of the shares are set at $140.
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.