Goldman Sachs Group INC (GS) Holder Reilly Financial Advisors LLC Trimmed Its Position

June 20, 2017 - By Adrian Erickson

Investors sentiment increased to 0.88 in Q4 2016. Its up 0.02, from 0.86 in 2016Q3. It increased, as 65 investors sold GS shares while 424 reduced holdings. 168 funds opened positions while 262 raised stakes. 287.95 million shares or 5.61% more from 272.65 million shares in 2016Q3 were reported. Garrison Fincl Corporation holds 949 shares. Columbia Prtn L L C Invest Management holds 19,510 shares. Intact Invest Mngmt has invested 0.04% of its portfolio in Goldman Sachs Group Inc (NYSE:GS). Gabelli Funds Limited Com invested in 36,500 shares or 0.05% of the stock. Mizuho Usa reported 0.09% of its portfolio in Goldman Sachs Group Inc (NYSE:GS). Pictet North America Advsrs Sa has invested 0.06% in Goldman Sachs Group Inc (NYSE:GS). Capital Intl Invsts invested in 860,481 shares or 0.3% of the stock. Fiera Capital accumulated 1,430 shares or 0% of the stock. Cibc Markets invested in 172,175 shares. Fort Washington Investment Oh holds 1.57% of its portfolio in Goldman Sachs Group Inc (NYSE:GS) for 392,112 shares. Moreover, First Fin Bancshares Na has 0.62% invested in Goldman Sachs Group Inc (NYSE:GS). Manchester Mgmt Limited Co reported 778 shares or 0.03% of all its holdings. Farr Miller And Washington Ltd Com Dc, -based fund reported 155,785 shares. Kingfisher Cap Limited Liability Corp accumulated 7,490 shares. 1,185 are owned by Hm Payson & Company.

Since January 19, 2017, it had 0 insider buys, and 16 selling transactions for $38.08 million activity. The insider Spar Debora L sold 200 shares worth $46,814. 4,186 Goldman Sachs Group Inc (NYSE:GS) shares with value of $991,013 were sold by COOPER EDITH W. Another trade for 5,599 shares valued at $1.40 million was made by COHEN ALAN M on Thursday, February 16. SOLOMON DAVID M sold $1.50M worth of stock or 6,250 shares. Another trade for 10,691 shares valued at $2.51 million was made by SMITH SARAH G on Friday, February 3. ROGERS JOHN F.W. sold 8,338 shares worth $2.00M. JOHNSON JAMES A /DC/ sold 11,600 shares worth $2.71 million.

Reilly Financial Advisors Llc decreased its stake in Goldman Sachs Group Inc (GS) by 25.7% based on its latest 2016Q4 regulatory filing with the SEC. Reilly Financial Advisors Llc sold 15,070 shares as the company’s stock declined 13.97% while stock markets rallied. The institutional investor held 43,571 shares of the finance company at the end of 2016Q4, valued at $10.43 million, down from 58,641 at the end of the previous reported quarter. Reilly Financial Advisors Llc who had been investing in Goldman Sachs Group Inc for a number of months, seems to be less bullish one the $88.45 billion market cap company. The stock increased 1.95% or $4.32 during the last trading session, reaching $226.13. About 200 shares traded. Goldman Sachs Group Inc (NYSE:GS) has risen 39.23% since June 20, 2016 and is uptrending. It has outperformed by 22.53% the S&P500.

Reilly Financial Advisors Llc, which manages about $679.11 million and $578.45 million US Long portfolio, upped its stake in Hain Celestial Group Inc (NASDAQ:HAIN) by 218,295 shares to 218,566 shares, valued at $8.53 million in 2016Q4, according to the filing. It also increased its holding in Ishares Tr (IWN) by 28,410 shares in the quarter, for a total of 108,677 shares, and has risen its stake in Paypal Hldgs Inc.

Wall Street await Goldman Sachs Group Inc (NYSE:GS) to release earnings on July, 18. Analysts forecast earnings per share of $3.98, up exactly $0.26 or 6.99 % from 2014’s $3.72 EPS. The expected GS’s profit could reach $1.56B giving the stock 14.20 P/E in the case that $3.98 earnings per share is reported. After posting $5.15 EPS for the previous quarter, Goldman Sachs Group Inc’s analysts now forecast -22.72 % negative EPS growth.

More notable recent Goldman Sachs Group Inc (NYSE:GS) news were published by: Benzinga.com which released: “Goldman Sachs, Riding A Slide, Downgraded By Vetr” on June 15, 2017, also Bloomberg.com with their article: “Goldman Sachs Veteran Asset Manager to Start Own India Fund” published on June 13, 2017, Bloomberg.com published: “Goldman to Double Frankfurt Staff on Brexit, Europe Head Says” on June 18, 2017. More interesting news about Goldman Sachs Group Inc (NYSE:GS) were released by: Bloomberg.com and their article: “Blankfein Says He Tweets to Protect Goldman Sachs’s Standing” published on June 20, 2017 as well as Bloomberg.com‘s news article titled: “Vote for Goldman: America’s Next Top Party” with publication date: June 19, 2017.

Goldman Sachs Group Inc (NYSE:GS) Ratings Coverage

Among 26 analysts covering Goldman Sachs Group Inc. (NYSE:GS), 15 have Buy rating, 1 Sell and 10 Hold. Therefore 58% are positive. Goldman Sachs Group Inc. had 60 analyst reports since July 21, 2015 according to SRatingsIntel. Citigroup downgraded the shares of GS in report on Tuesday, November 8 to “Neutral” rating. The stock of Goldman Sachs Group Inc (NYSE:GS) earned “Outperform” rating by Keefe Bruyette & Woods on Tuesday, November 29. As per Friday, November 18, the company rating was upgraded by Macquarie Research. Oppenheimer maintained it with “Outperform” rating and $240 target in Tuesday, October 6 report. Rafferty maintained it with “Buy” rating and $227 target in Thursday, November 10 report. The stock of Goldman Sachs Group Inc (NYSE:GS) has “Outperform” rating given on Wednesday, March 30 by Credit Suisse. The firm earned “Outperform” rating on Tuesday, January 5 by Oppenheimer. Zacks downgraded Goldman Sachs Group Inc (NYSE:GS) on Tuesday, September 22 to “Hold” rating. On Wednesday, April 19 the stock rating was upgraded by Citigroup to “Neutral”. On Friday, January 6 the stock rating was maintained by UBS with “Buy”.

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