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

Paterniano Del Favero
Luglio 25, 2017

(The) (NYSE:GS) by 24.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The Texas-based Beck Mngmt has invested 1.95% in Goldman Sachs Group Inc (NYSE:GS). (The) by 0.6% in the first quarter. The Permit Capital Llc holds 30,680 shares with $7.35M value, up from 28,580 last quarter.

07/19/2017 - Goldman Sachs Group, Inc. (The) during the fourth quarter worth about $5,577,000. COOPER EDITH W also sold $539,184 worth of Goldman Sachs Group Inc (NYSE:GS) shares. (The) during the first quarter worth approximately $207,000. Quadrant Capital Group LLC increased its stake in Goldman Sachs Group, Inc. Thrivent Financial for Lutherans now owns 1,009,250 shares of the investment management company's stock valued at $241,665,000 after buying an additional 274,810 shares during the last quarter.

Goldman Sachs BDC, Inc.is a closed-end management investment company. Sales growth quarter over quarter is 6.00%, with EPS growth quarter over quarter coming to a value of 6.10%.

Institutional investors now hold around $64.79 billion or 80.6% in GS stock.

UBS analyst Brennan Hawken argued that Goldman will report earnings below analysts' consensus expectations in 2018, and lowered his price target to $230 from $255. (NYSE:GS), 13 have Buy rating, 1 Sell and 12 Hold. The firm has a market capitalization of $87.90 billion, a PE ratio of 11.44 and a beta of 1.42.

Company chares are trading at $220.18 which is marginally under the 50 day moving average which is $222.76 and which is just a bit below the 200 day moving average of $231.25. Ladenburg Thalmann Financial Services Inc. raised its position in Goldman Sachs Group, Inc. (The) (NYSE:GS) last announced its earnings results on Tuesday, July 18th.

In the last reported quarter, Goldman Sachs Group reported its Actual EPS (earnings per share) of $3.95/share where most of the analysts working on this stock were estimating the EPS to be $3.39/share.

Talking about profitability of the company, the profit margin percentage is 26.37% while its operating margin for the trailing twelve month is at 36.31%.

Goldman's second quarter fixed income, currency and commodities revenue declined 40 percent from the previous year, and the bank said it was "a challenging environment characterized by low levels of volatility, low client activity and generally hard market-making conditions". During the same quarter previous year, the firm posted $3.72 EPS. Equities analysts forecast that Goldman Sachs Group, Inc. will post $18.28 earnings per share for the current fiscal year. (The) announced that its Board of Directors has authorized a stock buyback program on Tuesday, April 18th that permits the company to buyback 50,000,000 outstanding shares. This buyback authorization authorizes the investment management company to purchase shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its stock is undervalued. Stockholders of record on Thursday, August 31st will be paid a dividend of $0.75 per share. The stock witnessed -1.04% declines, 1.53% gains and -5.18% declines for the 1-month, 3-month and 6-month period, respectively. (The)'s dividend payout ratio is now 15.74%. Wells Fargo & Company MN raised its position in Goldman Sachs Group, Inc. "(The) (NYSE:GS)" was first posted by Transcript Daily and is the sole property of of Transcript Daily. If you are accessing this report on another domain, it was stolen and republished in violation of US & worldwide trademark and copyright laws. The legal version of this report can be viewed at https://transcriptdaily.com/2017/07/25/doheny-asset-management-ca-takes-position-in-goldman-sachs-group-inc-the-nysegs-updated.html.

A number of analysts have recently commented on GS shares. Keefe, Bruyette & Woods reiterated an "outperform" rating on shares of Goldman Sachs Group, Inc. (The) in a report on Wednesday, April 19th. The ability for The Goldman Sachs Group, Inc.to pay for the 1.36% dividend yield is 13.90% payout ratio. The ex-dividend date was set for Tuesday the 30th of May 2017. Vetr upgraded it to "Buy" rating and $212.64 target in Monday, August 24 report. (The) in a report on Wednesday, April 19th. It also increased its holding in Hain Celestial Group Inc (NASDAQ:HAIN) by 218,295 shares in the quarter, for a total of 218,566 shares, and has risen its stake in Paypal Hldgs Inc. (The) from a "buy" rating to a "hold" rating and decreased their price objective for the stock from $288.00 to $221.00 in a report on Tuesday, April 18th. The stock of Goldman Sachs Group Inc (NYSE:GS) has "Buy" rating given on Monday, October 12 by Citigroup. (The) in a research note on Monday, March 27th.

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