Goldman Sachs (Gs) (GS) Shareholder Greenhaven Associates INC Decreased Stake by $28.79 Million as Shares Declined

June 27, 2018 - By Alice Fox

The Goldman Sachs Group, Inc. (NYSE:GS) Corporate LogoDuring Q1 2018 the big money sentiment increased to 1.16. That’s change of 0.17, from 2017Q4’s 0.99. 61 investors sold all, 357 reduced holdings as GS ratio improved. 345 grew positions while 140 funds bought positions. Funds hold 266.01 million shares thus 1.06% less from 2017Q4’s 268.85 million shares. International Grp has invested 0.1% in The Goldman Sachs Group, Inc. (NYSE:GS). Columbia Prtnrs L L C Mngmt has invested 0.04% of its capital in The Goldman Sachs Group, Inc. (NYSE:GS). Nuveen Asset Limited Company has 0.33% invested in The Goldman Sachs Group, Inc. (NYSE:GS). Hudson Bay Mngmt LP reported 9,100 shs. The New York-based Kingdon Ltd Limited Liability Company has invested 0.05% in The Goldman Sachs Group, Inc. (NYSE:GS). The Illinois-based Goodwin Daniel L has invested 0.74% in The Goldman Sachs Group, Inc. (NYSE:GS). Tokio Marine Asset Mngmt Company Limited owns 0.06% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 1,366 shs. Switzerland-based Pictet North America Advsr has invested 0.09% in The Goldman Sachs Group, Inc. (NYSE:GS). Eastern Bancorp reported 0.04% in The Goldman Sachs Group, Inc. (NYSE:GS). Jaffetilchin Invest Prtn Ltd Co has 3,617 shs for 0.2% of their capital. Natixis Advsr Limited Partnership invested in 0.29% or 118,432 shs. Culbertson A N & accumulated 28,201 shs. 93,200 are owned by Axa. Etrade Capital Management Limited Liability Company holds 0.04% or 5,140 shs. Catawba Cap Mgmt Va accumulated 2,065 shs or 0.12% of the stock.

GS had 8 sales and 0 insider purchases since January 18, 2018. This’s net activity of $22.92 million. Another trade for 4,400 shs valued at $1.17 million was sold by ROGERS JOHN F.W.. Shares for $1.78M were sold by LEE BRIAN J on Wednesday, February 21. $3.18M worth of The Goldman Sachs Group, Inc. (NYSE:GS) was sold by CHAVEZ R. MARTIN. On Thursday, January 18 the insider VINIAR DAVID A sold $4.40M. 10,000 shs were sold by SALAME PABLO J, worth $2.70 million on Thursday, February 1.

In Goldman Sachs (Gs) (GS) was decreased the holdings held by Edgar Wachenheim. The reduction is 3.1% according to 2018Q1 SEC form. By selling 114,693 shares Greenhaven Associates Inc made the stock sank with 13.36%. The finance company at the end of 2018Q1 was valued at $902.55 million. It’s down from 3.70 million at the end of the previous reported quarter. Now it had 3.58M shares held by the hedge fund run by Edgar Wachenheim. $85.04 billion is Goldman Sachs (Gs)’s market cap. The stock increased 1.61% or $3.56 during the last trading session, touching $225.14.The Goldman Sachs Group, Inc. has volume of 812,193 shares. Since June 27, 2017 GS has risen 5.64% and is uptrending. The stock underperformed the S&P500 by 6.93%.

Greenhaven Associates Inc operates about $5.72 billion and $6.36 billion US Long portfolio. It increased its stake in Lennar Corporation (NYSE:LEN) by 3.24M shares to 8.69M shares, valued at $512.23 million in 2018Q1, according to the filing. For a total of 573,727 shares it increased its holding in B Shs (Len/B) by 101,247 shares in the quarter, and has risen its stake in Ford Motor Co (F) (NYSE:F).

On July, 17 The Goldman Sachs Group, Inc. (NYSE:GS)’s earnings report is expected by WallStreet, Faxor reports. Analysts have anticipation on stock’s EPS of $4.72. That’s up 19.49 % from last year’s $3.95 EPS. The profit will be $1.78B for GS if $4.72 EPS becomes true. Wall Street now sees -32.09 % negative EPS growth despite The Goldman Sachs Group, Inc. previous quarter’s EPS of $6.95.

For more The Goldman Sachs Group, Inc. (NYSE:GS) news announced briefly go to: Seekingalpha.com, Livetradingnews.com, Livetradingnews.com, Seekingalpha.com or Themiddlemarket.com. The titles are as follows: “Bank stocks likely to be more volatile on stress test results: Morgan Stanley” announced on June 22, 2018, “The Goldman Sachs Group, Inc. (NYSE:GS) Declines 3.40%” on May 30, 2018, “Goldman Sachs (NYSE:GS) May Extend Digital Assets Trading” with a publish date: June 21, 2018, “Goldman Sachs: CCAR Is Likely To Disappoint” and the last “M&A daily wrap: Phil Mickelson, Reis & Irvy’s, Goldman Sachs, Launch at GS, female founders, Women of ACG LA” with publication date: June 19, 2018.

The Goldman Sachs Group, Inc. (NYSE:GS) Ratings Coverage

A total of 15 analysts rate Goldman Sachs Group (NYSE:GS) as follows: 7 “Buy”, 8 “Hold” and 0 “Sell”. Тherefore 47% are bullish. The firm has $330.0 highest and $221.0 lowest target. The avg target $284.77 is 26.49% above the last ($225.14) price. (NYSE:GS) has 22 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Thursday, January 18 the stock has “Hold” rating by Barclays Capital. In Friday, April 6 report Vining Sparks upgraded the stock to “Buy” rating. On Monday, April 23 the stock has “Buy” rating by Oppenheimer. In Thursday, March 22 report Wells Fargo maintained the stock with “Buy” rating. In Wednesday, January 17 report BMO Capital Markets maintained it with “Hold” rating and $221.0 target. In Tuesday, January 9 report Keefe Bruyette & Woods maintained it with “Hold” rating and $265.0 target. On Friday, February 2 Morgan Stanley maintained The Goldman Sachs Group, Inc. (NYSE:GS) rating. Morgan Stanley has “Overweight” rating and $297 target. In Tuesday, April 17 report Nomura maintained it with “Hold” rating and $24600 target. On Wednesday, April 18 Credit Suisse maintained the shares of GS in report with “Neutral” rating. On Wednesday, April 18 the firm has “Neutral” rating given by Buckingham Research.

The Goldman Sachs Group, Inc. (NYSE:GS) Institutional Investors Chart

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