Goldman Sachs Group Inc (GS) : Fjarde Ap-fonden Fourth Swedish National Pension Fund scooped up 951 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 Oct 14, 2016. The investment management firm now holds a total of 89,291 shares of Goldman Sachs Group Inc which is valued at $15,225,901.Goldman Sachs Group Inc makes up approximately 0.34% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’s portfolio.
Other Hedge Funds, Including , Charter Trust Co boosted its stake in GS in the latest quarter, The investment management firm added 673 additional shares and now holds a total of 3,930 shares of Goldman Sachs Group Inc which is valued at $670,144. Goldman Sachs Group Inc makes up approx 0.08% of Charter Trust Co’s portfolio.Eagle Asset Management Inc reduced its stake in GS by selling 1,169 shares or 4.92% in the most recent quarter. The Hedge Fund company now holds 22,605 shares of GS which is valued at $3,821,149. Goldman Sachs Group Inc makes up approx 0.03% of Eagle Asset Management Inc’s portfolio.Hollencrest Securities boosted its stake in GS in the latest quarter, The investment management firm added 478 additional shares and now holds a total of 2,685 shares of Goldman Sachs Group Inc which is valued at $453,872. Goldman Sachs Group Inc makes up approx 0.07% of Hollencrest Securities’s portfolio.Raymond James Trust N.a. reduced its stake in GS by selling 175 shares or 2.26% in the most recent quarter. The Hedge Fund company now holds 7,553 shares of GS which is valued at $1,291,865. Goldman Sachs Group Inc makes up approx 0.11% of Raymond James Trust N.a.’s portfolio.
Goldman Sachs Group Inc opened for trading at $171.6 and hit $172.95 on the upside on Friday, eventually ending the session at $170.52, with a gain of 1.85% or 3.1 points. The heightened volatility saw the trading volume jump to 52,82,325 shares. Company has a market cap of $69,139 M.
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 .
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.