Goldman Sachs Group Inc (GS) : Dsc Advisors reduced its stake in Goldman Sachs Group Inc by 0.06% during the most recent quarter end. The investment management company now holds a total of 55,177 shares of Goldman Sachs Group Inc which is valued at $11,541,925 after selling 35 shares in Goldman Sachs Group Inc , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Goldman Sachs Group Inc makes up approximately 7.05% of Dsc Advisors’s portfolio.
Other Hedge Funds, Including , Thomas J. Herzfeld Advisors boosted its stake in GS in the latest quarter, The investment management firm added 2 additional shares and now holds a total of 691 shares of Goldman Sachs Group Inc which is valued at $144,543. Goldman Sachs Group Inc makes up approx 0.08% of Thomas J. Herzfeld Advisors’s portfolio.American Century Companies Inc reduced its stake in GS by selling 275,045 shares or 51.5% in the most recent quarter. The Hedge Fund company now holds 259,023 shares of GS which is valued at $45,738,281. Goldman Sachs Group Inc makes up approx 0.05% of American Century Companies Inc’s portfolio.Dnb Asset Management As boosted its stake in GS in the latest quarter, The investment management firm added 2,000 additional shares and now holds a total of 35,293 shares of Goldman Sachs Group Inc which is valued at $6,290,624. Goldman Sachs Group Inc makes up approx 0.13% of Dnb Asset Management As’s portfolio.Farmers Merchants Investments Inc boosted its stake in GS in the latest quarter, The investment management firm added 82 additional shares and now holds a total of 9,265 shares of Goldman Sachs Group Inc which is valued at $1,599,417. Goldman Sachs Group Inc makes up approx 0.17% of Farmers Merchants Investments Inc’s portfolio.
Goldman Sachs Group Inc opened for trading at $209.87 and hit $212.07 on the upside on Monday, eventually ending the session at $210.35, with a gain of 0.34% or 0.72 points. The heightened volatility saw the trading volume jump to 42,78,161 shares. Company has a market cap of $83,646 M.
On the company’s financial health, Goldman Sachs Group Inc reported $4.88 EPS for the quarter, beating the analyst consensus estimate by $ 1.05 according to the earnings call on Oct 18, 2016. Analyst had a consensus of $3.83. The company had revenue of $8168.00 million for the quarter, compared to analysts expectations of $7406.94 million. The company’s revenue was up 19.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.90 EPS.
Many Wall Street Analysts have commented on Goldman Sachs Group Inc. Goldman Sachs Group Inc was Upgraded by Macquarie to ” Outperform” on Nov 18, 2016. Goldman Sachs Group Inc was Downgraded by Citigroup to ” Neutral” on Nov 8, 2016. Goldman Sachs Group Inc was Downgraded by Guggenheim to ” Neutral” on Oct 20, 2016.
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.