First Foundation Advisors Has Upped Goldman Sachs Group INC (GS) Stake

The Goldman Sachs Group, Inc. (NYSE:GS) LogoInvestors sentiment decreased to 0.66 in Q4 2018. Its down 0.54, from 1.2 in 2018Q3. It dived, as 146 investors sold GS shares while 407 reduced holdings. 107 funds opened positions while 257 raised stakes. 261.53 million shares or 3.65% more from 252.31 million shares in 2018Q3 were reported. Axa reported 0.06% stake. Texas Yale Capital Corp stated it has 0.28% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). North Point Port Managers Oh has invested 2.13% in The Goldman Sachs Group, Inc. (NYSE:GS). Northwestern Mutual Wealth Mngmt Communication has 0.01% invested in The Goldman Sachs Group, Inc. (NYSE:GS). Acg Wealth stated it has 0.04% in The Goldman Sachs Group, Inc. (NYSE:GS). Massmutual Trust Fsb Adv reported 9,500 shares. Mackenzie Fincl holds 0.2% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS) for 450,548 shares. Karp Mngmt owns 15 shares. Blackrock Incorporated invested in 22.32 million shares or 0.19% of the stock. The Hong Kong-based Fosun Intl Ltd has invested 0.07% in The Goldman Sachs Group, Inc. (NYSE:GS). Cypress Asset Tx reported 2,025 shares or 0.13% of all its holdings. Advisory Serv Network Limited Com has invested 0.11% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Mercer Cap Advisers holds 1,466 shares. Culbertson A N has invested 1.54% in The Goldman Sachs Group, Inc. (NYSE:GS). Prio Wealth Ltd Partnership stated it has 1.06% in The Goldman Sachs Group, Inc. (NYSE:GS).

Since December 26, 2018, it had 0 buys, and 1 insider sale for $2.61 million activity.

First Foundation Advisors increased its stake in Goldman Sachs Group Inc (GS) by 19.03% based on its latest 2018Q4 regulatory filing with the SEC. First Foundation Advisors bought 19,357 shares as the company’s stock declined 1.19% while stock markets rallied. The hedge fund held 121,072 shares of the finance company at the end of 2018Q4, valued at $20.23 million, up from 101,715 at the end of the previous reported quarter. First Foundation Advisors who had been investing in Goldman Sachs Group Inc for a number of months, seems to be bullish on the $73.01B market cap company. The stock increased 0.40% or $0.79 during the last trading session, reaching $198.26. About 2.99 million shares traded. The Goldman Sachs Group, Inc. (NYSE:GS) has declined 23.68% since March 17, 2018 and is downtrending. It has underperformed by 28.05% the S&P500.

More notable recent The Goldman Sachs Group, Inc. (NYSE:GS) news were published by: Digitaljournal.com which released: “NYSE:GS Long-Term Shareholder Notice: Investigation over Possible Wrongdoing at the Goldman Sachs Group, Inc. – Press Release – Digital Journal” on March 12, 2019, also Benzinga.com with their article: “Tilray Adds Former Goldman Sachs Managing Director To Senior Management Team (NASDAQ:TLRY)(NYSE:GS) – Benzinga” published on March 14, 2019, Benzinga.com published: “Wells Fargo CEO Tim Sloan: Bank’s Culture Has ‘Substantially Improved’ (NYSE:WFC) – Benzinga” on March 13, 2019. More interesting news about The Goldman Sachs Group, Inc. (NYSE:GS) were released by: Seekingalpha.com and their article: “Goldman loosens up, a little – Seeking Alpha” published on March 05, 2019 as well as Finance.Yahoo.com‘s news article titled: “Gold Prices Up, GS Boosts Price Forecast – Yahoo Finance” with publication date: March 04, 2019.

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

Among 5 analysts covering Goldman Sachs Group (NYSE:GS), 1 have Buy rating, 1 Sell and 3 Hold. Therefore 20% are positive. Goldman Sachs Group had 8 analyst reports since October 17, 2018 according to SRatingsIntel. The stock has “Outperform” rating by Credit Suisse on Monday, December 24. Credit Suisse maintained the stock with “Outperform” rating in Friday, December 7 report. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) has “Equal-Weight” rating given on Tuesday, January 8 by Morgan Stanley. The rating was downgraded by Bank of America to “Neutral” on Friday, November 30. BMO Capital Markets maintained it with “Market Perform” rating and $276 target in Wednesday, October 17 report. On Friday, February 1 the stock rating was downgraded by Societe Generale to “Sell”. On Wednesday, November 21 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”.

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

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