Goldman Sachs Group Inc (GS) : Genesee Valley Trust Co reduced its stake in Goldman Sachs Group Inc by 0.23% during the most recent quarter end. The investment management company now holds a total of 6,011 shares of Goldman Sachs Group Inc which is valued at $1,016,099 after selling 14 shares in Goldman Sachs Group Inc , the firm said in a disclosure report filed with the SEC on Oct 12, 2016.Goldman Sachs Group Inc makes up approximately 0.66% of Genesee Valley Trust Co’s portfolio.
Other Hedge Funds, Including , Prospera Financial Services Inc boosted its stake in GS in the latest quarter, The investment management firm added 69 additional shares and now holds a total of 1,900 shares of Goldman Sachs Group Inc which is valued at $321,176. Goldman Sachs Group Inc makes up approx 0.07% of Prospera Financial Services Inc’s portfolio. Centre Asset Management sold out all of its stake in GS during the most recent quarter. The investment firm sold 2,320 shares of GS which is valued $396,813.Oregon Public Employees Retirement Fund reduced its stake in GS by selling 16,435 shares or 17.29% in the most recent quarter. The Hedge Fund company now holds 78,598 shares of GS which is valued at $13,443,402. Goldman Sachs Group Inc makes up approx 0.29% of Oregon Public Employees Retirement Fund’s portfolio.Fisher Asset Management boosted its stake in GS in the latest quarter, The investment management firm added 1,723,214 additional shares and now holds a total of 1,971,845 shares of Goldman Sachs Group Inc which is valued at $337,264,369. Goldman Sachs Group Inc makes up approx 0.62% of Fisher Asset Management’s portfolio.Hudson Valley Investment Advisors Inc Adv reduced its stake in GS by selling 469 shares or 2.88% in the most recent quarter. The Hedge Fund company now holds 15,793 shares of GS which is valued at $2,701,235. Goldman Sachs Group Inc makes up approx 0.83% of Hudson Valley Investment Advisors Inc Adv’s portfolio.
Goldman Sachs Group Inc closed down -2 points or -1.17% at $169.04 with 26,79,967 shares getting traded on Tuesday. Post opening the session at $169.84, the shares hit an intraday low of $167.91 and an intraday high of $170.87 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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 .
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.