Manufacturers Life Insurance Company The Decreased Its Goldman Sachs Group INC (GS) Position by $60.06 Million; Market Valuation Declined

January 21, 2018 - By Adrian Mccoy

Investors sentiment decreased to 0.75 in Q3 2017. Its down 0.33, from 1.08 in 2017Q2. It dived, 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. Baxter Bros Inc holds 1.33% or 19,487 shares. Mitsubishi Ufj Trust & Bk reported 895,111 shares or 0.39% of all its holdings. Interocean Capital Ltd Liability Corp reported 2.34% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Japan-based Asset Mngmt One Company Ltd has invested 0.32% in The Goldman Sachs Group, Inc. (NYSE:GS). West Family Invests reported 49,400 shares or 1.42% of all its holdings. Savings Bank Pictet And Cie (Asia) accumulated 0.2% or 1,800 shares. 144,723 are owned by Menora Mivtachim Limited. Intrust Bancorporation Na holds 0.11% in The Goldman Sachs Group, Inc. (NYSE:GS) or 1,481 shares. Georgia-based Acg Wealth has invested 0.05% in The Goldman Sachs Group, Inc. (NYSE:GS). Nelson Van Denburg & Campbell Wealth Mngmt Group Inc Limited Company reported 0.61% in The Goldman Sachs Group, Inc. (NYSE:GS). Linscomb & Williams Inc owns 931 shares or 0.02% of their US portfolio. Sawgrass Asset Mgmt Limited Liability holds 0.13% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS) for 11,326 shares. Hourglass Cap Limited Company has 56,271 shares for 3.18% of their portfolio. 818,721 are held by Citigroup. Cobblestone Advsrs Limited Liability Corp Ny holds 0.08% or 2,672 shares in its portfolio.

Since August 1, 2017, it had 0 buys, and 6 insider sales for $15.08 million activity. SOLOMON DAVID M also sold $754,997 worth of The Goldman Sachs Group, Inc. (NYSE:GS) on Monday, August 7. ROGERS JOHN F.W. sold 17,685 shares worth $4.16M. VINIAR DAVID A sold $1.05 million worth of stock. On Friday, October 20 SCHWARTZ HARVEY M sold $6.13 million worth of The Goldman Sachs Group, Inc. (NYSE:GS) or 25,000 shares.

Manufacturers Life Insurance Company The decreased its stake in Goldman Sachs Group Inc (GS) by 7.03% based on its latest 2017Q3 regulatory filing with the SEC. Manufacturers Life Insurance Company The sold 253,420 shares as the company’s stock declined 13.97% while stock markets rallied. The institutional investor held 3.35 million shares of the finance company at the end of 2017Q3, valued at $794.45 million, down from 3.60 million at the end of the previous reported quarter. Manufacturers Life Insurance Company The who had been investing in Goldman Sachs Group Inc for a number of months, seems to be less bullish one the $96.61 billion 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 66.15% up from the average. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 39.23% since January 21, 2017 and is uptrending. It has outperformed by 22.53% the S&P500.

Manufacturers Life Insurance Company The, which manages about $83.84 billion US Long portfolio, upped its stake in Lgi Homes Inc (NASDAQ:LGIH) by 99,476 shares to 112,324 shares, valued at $5.46 million in 2017Q3, according to the filing. It also increased its holding in Pacwest Bancorp Del (NASDAQ:PACW) by 171,931 shares in the quarter, for a total of 790,228 shares, and has risen its stake in Tractor Supply Co (NASDAQ:TSCO).

More notable recent The Goldman Sachs Group, Inc. (NYSE:GS) news were published by: Investorplace.com which released: “You Just Can’t Bet Against Goldman Sachs Group Inc” on January 18, 2018, also Bloomberg.com with their article: “Goldman Sachs Finishes Tough Year With New Low in Debt Trading” published on January 17, 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: Seekingalpha.com and their article: “Goldman Sachs: The Devil Is In The Details” published on January 17, 2018 as well as Reuters.com‘s news article titled: “Goldman Sachs, Wells Fargo and others invest $38 million in research tech startup” with publication date: January 18, 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. had 94 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, November 10 by Rafferty. The firm earned “Outperform” rating on Thursday, August 10 by Wells Fargo. Citigroup downgraded the stock to “Neutral” rating in Tuesday, November 8 report. The firm has “Neutral” rating given on Monday, October 9 by Citigroup. The firm has “Market Perform” rating by Wood given on Wednesday, July 19. As per Monday, January 25, the company rating was upgraded by Nomura. RBC Capital Markets maintained The Goldman Sachs Group, Inc. (NYSE:GS) rating on Monday, January 25. RBC Capital Markets has “Sector Perform” rating and $180 target. Citigroup downgraded the shares of GS in report on Tuesday, January 10 to “Sell” rating. Atlantic Securities downgraded the stock to “Neutral” rating in Wednesday, December 21 report. RBC Capital Markets maintained the stock with “Hold” rating in Wednesday, August 30 report.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.