Other large investors have also modified their holdings of the company. The France-based Natixis has invested 1.54% in Goldman Sachs Group Inc (NYSE:GS). (The) by 33.1% in the 2nd quarter. Janney Montgomery Scott LLC increased its holdings in Goldman Sachs Group, Inc. (The) in the 2nd quarter worth approximately $42,536,000. YorkBridge Wealth Partners LLC now owns 640 shares of the investment management company's stock valued at $144,000 after buying an additional 2 shares during the period.
The Wall Street bank is forming a group, known internally as the Innovation Lab, focused on generating compelling deal ideas for companies like Warren Buffett's conglomerate Berkshire Hathaway Inc or Japan's SoftBank Group Corp.'s $93 billion investment fund, people familiar with the matter said. (The) by 52.2% in the 2nd quarter. Shine Investment Advisory Services Inc. acquired a new position in Goldman Sachs Group, Inc. Gulf International Bank (uk) Ltd claims 111,539 shares valued at $26,455,000. Ubs Asset Mgmt Americas reported 0% in Goldman Sachs Group Inc (NYSE:GS). (NYSE:GS) shares were trading lower by -0.08 percent ($-0.2) at $242.4 a piece in Wednesday's session. Hedge funds and other institutional investors own 73.31% of the company's stock.
GS has been the topic of several research reports. BidaskClub lowered Goldman Sachs Group, Inc. Mizuho maintained it with "Buy" rating and $1025 target in Friday, October 28 report. Eagle Cap Limited Liability owns 2.5% invested in Goldman Sachs Group Inc (NYSE:GS) for 2.88M shares. Boenning & Scattergood maintained the shares of VMI in report on Thursday, July 20 with "Hold" rating. The correct version of this news story can be viewed at https://weekherald.com/2017/10/12/commonwealth-bank-of-australia-cuts-position-in-goldman-sachs-group-inc-the-gs.html. (The) from a "sell" rating to a "hold" rating in a research note on Tuesday, August 29th. (PLD) price hitting a mean target of $15.46 a share, meaning the stock still has potential that could drag the price another -76.03% Also, the recent close suggests the stock is underpriced by 8.53% compared to the most bullish target.
Among 51 analysts covering Google (NASDAQ:GOOGL), 46 have Buy rating, 0 Sell and 5 Hold. First Personal Financial Services raised its position in Goldman Sachs Group, Inc. Two research analysts have rated the stock with a sell rating, eighteen have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company's stock.
July 11 investment analysts at Oppenheimer made no change to the company rating of "Outperform" and raised the price target to $251.00 from $223.00. The shares were sold at an average price of $231.59, for a total value of $754,983.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Analyst Stock Ratings: Regal Entertainment Group (RGC), Sandstorm Gold Ltd. (NYSEAmerican:SAND)
The stock of Regal Entertainment Group (NYSE: RGC ) has "Equal-Weight" rating given on Thursday, October 5 by Morgan Stanley. Regal Entertainment Group (RGC ) now has 157030 shares outstanding, which means that its market capitalization is $2.51B.
In other news, EVP John F.W. Rogers sold 17,685 shares of the company's stock in a transaction on Tuesday, August 8th. Following the completion of the sale, the executive vice president now directly owns 80,109 shares of the company's stock, valued at approximately $18,827,217.18. The disclosure for this sale can be found here. The Independent Portfolio Consultants Inc holds 13,413 shares with $2.98 million value, up from 9,371 last quarter.
TRADEMARK VIOLATION NOTICE: This report was originally reported by BBNS and is owned by of BBNS. If you are viewing this story on another domain, it was illegally copied and republished in violation of USA and global copyright and trademark law. Addenda Capital Inc. cut its stake by shedding 11,130 shares a decrease of 66.5%.
Company shares last traded at $239.80 barely above $230.04, the stock's 50 day moving average and a tad above the 200 day moving average of $225.25. (The) (NYSE:GS) last posted its quarterly earnings results on Tuesday, July 18th. The investment management company reported $3.95 earnings per share for the quarter, beating the Zacks' consensus estimate of $3.39 by $0.56. Goldman Sachs Group had a return on equity of 9.78% and a net margin of 24.17%. The company had revenue of $7.89 billion for the quarter, compared to analyst estimates of $7.47 billion. Geller Family Office Services LLC now owns 944 shares of the investment management company's stock valued at $209,000 after buying an additional 3 shares during the period. The company's revenue was up 26.6% compared to the same quarter a year ago. In the last earnings report the EPS was $19.07 and is estimated to be $18.19 for the current year with 388,213,000 shares presently outstanding. This is an increase from Goldman Sachs Group's previous quarterly dividend of $0.65. The firm has "Neutral" rating by Nomura given on Tuesday, November 29. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.42%. Goldman Sachs Group Inc (NYSE:GS) has risen 39.23% since October 12, 2016 and is uptrending.
The group is expected to come up with out-of-the box ideas and focus on clients who want to acquire or make big investments in businesses across industries, and do not fit neatly into individual categories, like technology or industrials, that sector bankers already cover.