Goldman Sachs Group Inc (GS) : First Mercantile Trust Co scooped up 860 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 Oct 7, 2016. The investment management firm now holds a total of 3,188 shares of Goldman Sachs Group Inc which is valued at $541,418.Goldman Sachs Group Inc makes up approximately 0.07% of First Mercantile Trust Co’s portfolio.
Other Hedge Funds, Including , Exxonmobil Investment Management Inc Tx reduced its stake in GS by selling 3,716 shares or 3.72% in the most recent quarter. The Hedge Fund company now holds 96,282 shares of GS which is valued at $16,351,572. Goldman Sachs Group Inc makes up approx 0.34% of Exxonmobil Investment Management Inc Tx’s portfolio.Independent Portfolio Consultants reduced its stake in GS by selling 485 shares or 5.59% in the most recent quarter. The Hedge Fund company now holds 8,195 shares of GS which is valued at $1,363,648. Goldman Sachs Group Inc makes up approx 0.43% of Independent Portfolio Consultants’s portfolio.Stillwater Investment Management boosted its stake in GS in the latest quarter, The investment management firm added 206 additional shares and now holds a total of 10,514 shares of Goldman Sachs Group Inc which is valued at $1,749,530. Goldman Sachs Group Inc makes up approx 0.95% of Stillwater Investment Management’s portfolio.First American Trust Fsb boosted its stake in GS in the latest quarter, The investment management firm added 5,666 additional shares and now holds a total of 22,825 shares of Goldman Sachs Group Inc which is valued at $3,798,080. Goldman Sachs Group Inc makes up approx 1.19% of First American Trust Fsb’s portfolio.Chevy Chase Trust Holdings boosted its stake in GS in the latest quarter, The investment management firm added 34,259 additional shares and now holds a total of 521,137 shares of Goldman Sachs Group Inc which is valued at $86,717,197. Goldman Sachs Group Inc makes up approx 0.48% of Chevy Chase Trust Holdings’s portfolio.
Goldman Sachs Group Inc opened for trading at $167.5 and hit $169.98 on the upside on Friday, eventually ending the session at $169.83, with a gain of 1.60% or 2.68 points. The heightened volatility saw the trading volume jump to 33,90,244 shares. Company has a market cap of $68,860 M.
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.