As Goldman Sachs Group INC (The) (GS) Valuation Declined, Quantitative Investment Management LLC Has Upped by $35.83 Million Its Holding

January 20, 2018 - By Migdalia James

Investors sentiment decreased to 0.75 in 2017 Q3. Its down 0.33, from 1.08 in 2017Q2. It dropped, as 63 investors sold GS shares while 427 reduced holdings. 82 funds opened positions while 285 raised stakes. 271.74 million shares or 2.47% less from 278.62 million shares in 2017Q2 were reported. First Amer Bank & Trust holds 0.75% or 41,721 shares in its portfolio. Dnb Asset Management As invested in 37,293 shares. Cs Mckee Limited Partnership holds 100,314 shares. 324,100 are owned by Quantitative Invest Mgmt Ltd Liability Corporation. Tcw Grp has 0.02% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 11,381 shares. Peapack Gladstone stated it has 0.12% in The Goldman Sachs Group, Inc. (NYSE:GS). Ccm Advisers Limited Liability Corporation holds 4,125 shares. Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.3% in The Goldman Sachs Group, Inc. (NYSE:GS). 1,224 were accumulated by Finemark National Bank & Trust And Trust. Lpl Fin Llc invested in 76,822 shares or 0.06% of the stock. Ingalls Snyder Ltd Liability Company holds 1.12% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS) for 90,313 shares. Rathbone Brothers Public Ltd Llc has 0.05% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 5,306 shares. New Jersey-based Lord Abbett & Limited Liability Company has invested 0.13% in The Goldman Sachs Group, Inc. (NYSE:GS). Mirae Asset Global Investments Limited has invested 0.09% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). World Asset Mgmt Inc holds 33,100 shares or 0.26% of its portfolio.

Since August 1, 2017, it had 0 insider purchases, and 6 selling transactions for $15.08 million activity. On Friday, October 20 the insider SCHWARTZ HARVEY M sold $6.13 million. The insider VINIAR DAVID A sold 4,590 shares worth $1.05 million. GNODDE RICHARD J had sold 4,951 shares worth $1.19M on Wednesday, October 18. Another trade for 17,685 shares valued at $4.16M was made by ROGERS JOHN F.W. on Tuesday, August 8.

Quantitative Investment Management Llc increased its stake in Goldman Sachs Group Inc (The) (GS) by 87.45% based on its latest 2017Q3 regulatory filing with the SEC. Quantitative Investment Management Llc bought 151,200 shares as the company’s stock declined 13.97% while stock markets rallied. The hedge fund held 324,100 shares of the finance company at the end of 2017Q3, valued at $76.87M, up from 172,900 at the end of the previous reported quarter. Quantitative Investment Management Llc who had been investing in Goldman Sachs Group Inc (The) for a number of months, seems to be bullish on the $96.61B market cap company. The stock increased 2.05% or $5.15 during the last trading session, reaching $256.12. About 4.64 million shares traded or 65.93% up from the average. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 39.23% since January 20, 2017 and is uptrending. It has outperformed by 22.53% the S&P500.

Quantitative Investment Management Llc, which manages about $1.89 billion and $8.76B US Long portfolio, decreased its stake in Unum Group (NYSE:UNM) by 140,400 shares to 28,800 shares, valued at $1.47 million in 2017Q3, according to the filing. It also reduced its holding in Perkinelmer Inc (NYSE:PKI) by 136,400 shares in the quarter, leaving it with 86,100 shares, and cut its stake in Owens Corning New Com (NYSE:OC).

More notable recent The Goldman Sachs Group, Inc. (NYSE:GS) news were published by: Bloomberg.com which released: “Goldman Sachs and Ken Griffin Funds Give Big to Obama Foundation” on January 17, 2018, also Bloomberg.com with their article: “Morgan Stanley Joins Goldman Sachs in Clearing Bitcoin Futures” published on January 18, 2018, Bloomberg.com published: “Banking Giants Step Up Pre-Brexit Frankfurt Hires” on January 12, 2018. More interesting news about The Goldman Sachs Group, Inc. (NYSE:GS) were released by: Investorplace.com and their article: “You Just Can’t Bet Against Goldman Sachs Group Inc” published on January 18, 2018 as well as Seekingalpha.com‘s news article titled: “Goldman Sachs: The Devil Is In The Details” with publication date: January 17, 2018.

The Goldman Sachs Group, Inc. (NYSE:GS) Ratings Coverage

Among 30 analysts covering Goldman Sachs Group Inc. (NYSE:GS), 13 have Buy rating, 1 Sell and 16 Hold. Therefore 43% are positive. Goldman Sachs Group Inc. has $289.0 highest and $140 lowest target. $240.11’s average target is -6.25% below currents $256.12 stock price. Goldman Sachs Group Inc. had 94 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Citigroup on Wednesday, April 19. As per Wednesday, August 23, the company rating was maintained by BMO Capital Markets. On Thursday, August 10 the stock rating was maintained by Wells Fargo with “Outperform”. Keefe Bruyette & Woods maintained The Goldman Sachs Group, Inc. (NYSE:GS) rating on Tuesday, September 26. Keefe Bruyette & Woods has “Hold” rating and $230.0 target. BMO Capital Markets maintained The Goldman Sachs Group, Inc. (NYSE:GS) rating on Friday, October 6. BMO Capital Markets has “Hold” rating and $202.0 target. The stock has “Buy” rating by UBS on Friday, February 5. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) earned “Hold” rating by BMO Capital Markets on Wednesday, May 31. The stock has “Hold” rating by Keefe Bruyette & Woods on Wednesday, July 19. The firm earned “Hold” rating on Tuesday, January 9 by Keefe Bruyette & Woods. Nomura upgraded the shares of GS in report on Monday, January 25 to “Buy” rating.

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