State Of Wisconsin Investment Board Has Decreased Its Goldman Sachs Group INC (GS) Stake as Stock Value Declined

The Goldman Sachs Group, Inc. (NYSE:GS) LogoInvestors sentiment decreased to 1.03 in 2018 Q2. Its down 0.13, from 1.16 in 2018Q1. It dived, as 88 investors sold GS shares while 354 reduced holdings. 89 funds opened positions while 366 raised stakes. 257.97 million shares or 3.02% less from 266.01 million shares in 2018Q1 were reported. Moreover, State Of Alaska Department Of Revenue has 0.2% invested in The Goldman Sachs Group, Inc. (NYSE:GS). Ssi Management holds 902 shares or 0.02% of its portfolio. 1,500 are owned by Syntal Prtnrs Limited Liability Company. Ledyard Comml Bank owns 0.03% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 1,285 shares. Ariel Investments Limited Liability Company accumulated 22,654 shares. First Republic Investment Mgmt Inc reported 258,024 shares stake. Delphi Mgmt Ma invested in 1.39% or 9,485 shares. Wells Fargo & Mn holds 0.1% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS) for 1.47 million shares. The Ontario – Canada-based 1832 Asset Management LP has invested 0% in The Goldman Sachs Group, Inc. (NYSE:GS). Chicago Equity Ptnrs Limited Liability Com owns 0.23% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 33,834 shares. Bessemer Gp reported 5,473 shares. Lenox Wealth Management Incorporated has 0.02% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 298 shares. Dsc Ltd Partnership owns 54,686 shares. Schroder Inv Mgmt Group Inc has invested 0.3% in The Goldman Sachs Group, Inc. (NYSE:GS). Athena Advisors stated it has 5,000 shares.

Since July 18, 2018, it had 0 insider purchases, and 1 sale for $1.95 million activity.

State Of Wisconsin Investment Board decreased its stake in Goldman Sachs Group Inc (GS) by 6.97% based on its latest 2018Q2 regulatory filing with the SEC. State Of Wisconsin Investment Board sold 33,690 shares as the company’s stock declined 2.43% while stock markets rallied. The institutional investor held 449,908 shares of the finance company at the end of 2018Q2, valued at $99.24M, down from 483,598 at the end of the previous reported quarter. State Of Wisconsin Investment Board who had been investing in Goldman Sachs Group Inc for a number of months, seems to be less bullish one the $67.86 billion market cap company. The stock decreased 1.02% or $1.89 during the last trading session, reaching $182.42. About 3.27 million shares traded. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 0.97% since December 6, 2017 and is uptrending. It has underperformed by 14.65% the S&P500.

State Of Wisconsin Investment Board, which manages about $34.77 billion US Long portfolio, upped its stake in Knight Swift Transn Hldgs In by 108,009 shares to 556,375 shares, valued at $21.26M in 2018Q2, according to the filing. It also increased its holding in Godaddy Inc by 142,801 shares in the quarter, for a total of 168,019 shares, and has risen its stake in Spdr S&P 500 Etf Tr (SPY).

Analysts await The Goldman Sachs Group, Inc. (NYSE:GS) to report earnings on January, 16. They expect $6.12 EPS, up 7.75 % or $0.44 from last year’s $5.68 per share. GS’s profit will be $2.28 billion for 7.45 P/E if the $6.12 EPS becomes a reality. After $6.28 actual EPS reported by The Goldman Sachs Group, Inc. for the previous quarter, Wall Street now forecasts -2.55 % negative EPS growth.

More notable recent The Goldman Sachs Group, Inc. (NYSE:GS) news were published by: Seekingalpha.com which released: “Banks fall premarket after Citi, JPMorgan note weak trading – Seeking Alpha” on December 06, 2018, also Seekingalpha.com with their article: “Betsy Graseck throws in the towel on Goldman – Seeking Alpha” published on November 21, 2018, Globenewswire.com published: “Bragar Eagel & Squire, PC is Investigating The Goldman Sachs Group, Inc. (GS) on Behalf of Stockholders and Encourages GS Investors to Contact the Firm – GlobeNewswire” on November 13, 2018. More interesting news about The Goldman Sachs Group, Inc. (NYSE:GS) were released by: Seekingalpha.com and their article: “Goldman Sachs Trading Below Tangible Book Value – Seeking Alpha” published on December 05, 2018 as well as Fool.com‘s news article titled: “Two Bank Stocks on Our Radar Right Now – The Motley Fool” with publication date: December 05, 2018.

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

Among 5 analysts covering Goldman Sachs Group (NYSE:GS), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. Goldman Sachs Group had 5 analyst reports since July 18, 2018 according to SRatingsIntel. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) earned “Market Perform” rating by BMO Capital Markets on Wednesday, October 17. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) earned “Neutral” rating by Bank of America on Friday, November 30. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) has “Outperform” rating given on Wednesday, July 18 by Oppenheimer. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) earned “Market Perform” rating by Wood on Wednesday, July 18. The firm earned “Equal-Weight” rating on Wednesday, November 21 by Morgan Stanley.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.