Davis Capital Partners buys $19,590,000 stake in Goldman Sachs Group Inc (GS)

Goldman Sachs Group Inc (GS) : Davis Capital Partners scooped up 20,000 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 Aug 11, 2016. The investment management firm now holds a total of 120,000 shares of Goldman Sachs Group Inc which is valued at $19,590,000.Goldman Sachs Group Inc makes up approximately 3.16% of Davis Capital Partners’s portfolio.

Other Hedge Funds, Including , Delphi Private Advisors reduced its stake in GS by selling 6 shares or 4.44% in the most recent quarter. The Hedge Fund company now holds 129 shares of GS which is valued at $21,059. Goldman Sachs Group Inc makes up approx 0.04% of Delphi Private Advisors’s portfolio.Wharton Business Group boosted its stake in GS in the latest quarter, The investment management firm added 105 additional shares and now holds a total of 26,312 shares of Goldman Sachs Group Inc which is valued at $4,311,484. Goldman Sachs Group Inc makes up approx 0.48% of Wharton Business Group’s portfolio.Mn Services Vermogensbeheer B.v. boosted its stake in GS in the latest quarter, The investment management firm added 63 additional shares and now holds a total of 9,656 shares of Goldman Sachs Group Inc which is valued at $1,565,141. Goldman Sachs Group Inc makes up approx 0.31% of Mn Services Vermogensbeheer B.v.’s portfolio.Concorde Asset Management boosted its stake in GS in the latest quarter, The investment management firm added 270 additional shares and now holds a total of 2,780 shares of Goldman Sachs Group Inc which is valued at $445,940. Goldman Sachs Group Inc makes up approx 0.43% of Concorde Asset Management’s portfolio.Telemus Capital boosted its stake in GS in the latest quarter, The investment management firm added 527 additional shares and now holds a total of 2,250 shares of Goldman Sachs Group Inc which is valued at $363,983. Goldman Sachs Group Inc makes up approx 0.04% of Telemus Capital’s portfolio.

Goldman Sachs Group Inc closed down -0.18 points or -0.11% at $166.08 with 19,65,148 shares getting traded on Tuesday. Post opening the session at $167, the shares hit an intraday low of $165.98 and an intraday high of $167.85 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 .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 segment’s 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 Company’s 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.

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