As Goldman Sachs Group INC (GS) Stock Value Declined, Richard Bernstein Advisors LLC Trimmed Position by $3.29 Million

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 fall, 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. Mariner Limited Liability Company owns 6,402 shares. Gsa Cap Prtnrs Llp, a United Kingdom-based fund reported 3,206 shares. Adage Capital Ptnrs Grp Limited Liability Corp owns 362,000 shares. Destination Wealth Management stated it has 538 shares. Ajo Lp owns 23,383 shares. State Street Corporation invested 0.4% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Main Street Limited Liability Corporation reported 46,510 shares or 1.61% of all its holdings. Fund Mngmt Sa holds 0.11% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS) for 98,846 shares. Jpmorgan Chase And stated it has 1.88M shares. Cap Ww Investors reported 0.47% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). San Francisco Sentry Grp Inc (Ca) accumulated 1,433 shares. Department Mb Retail Bank N A stated it has 0.02% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Price T Rowe Associate Md holds 622,481 shares. Bridgewater Limited Partnership owns 33,045 shares for 0.07% of their portfolio. Rnc Cap Lc holds 0.33% or 21,165 shares.

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

Richard Bernstein Advisors Llc decreased its stake in Goldman Sachs Group Inc (GS) by 45.68% based on its latest 2018Q2 regulatory filing with the SEC. Richard Bernstein Advisors Llc sold 14,937 shares as the company’s stock declined 2.43% while stock markets rallied. The institutional investor held 17,759 shares of the finance company at the end of 2018Q2, valued at $3.92M, down from 32,696 at the end of the previous reported quarter. Richard Bernstein Advisors Llc who had been investing in Goldman Sachs Group Inc for a number of months, seems to be less bullish one the $70.93 billion market cap company. The stock decreased 2.13% or $4.16 during the last trading session, reaching $190.69. About 6.22 million shares traded or 84.53% up from the average. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 0.97% since December 2, 2017 and is uptrending. It has underperformed by 14.65% the S&P500.

Richard Bernstein Advisors Llc, which manages about $1.18 billion and $3.12B US Long portfolio, upped its stake in Harris Corp Del (NYSE:HRS) by 28,778 shares to 31,633 shares, valued at $4.57M in 2018Q2, according to the filing. It also increased its holding in Vanguard World Fds (VGT) by 137,063 shares in the quarter, for a total of 1.20M shares, and has risen its stake in Vanguard World Fds (VAW).

Analysts await The Goldman Sachs Group, Inc. (NYSE:GS) to report earnings on January, 16. They expect $6.23 EPS, up 9.68 % or $0.55 from last year’s $5.68 per share. GS’s profit will be $2.32B for 7.65 P/E if the $6.23 EPS becomes a reality. After $6.28 actual EPS reported by The Goldman Sachs Group, Inc. for the previous quarter, Wall Street now forecasts -0.80 % negative EPS growth.

More notable recent The Goldman Sachs Group, Inc. (NYSE:GS) news were published by: Fool.com which released: “3 Interesting Things About Warren Buffett’s Bank Stock Buys – The Motley Fool” on November 17, 2018, also Investorplace.com with their article: “10 Boring Stocks to Buy for Red-Hot Returns – Investorplace.com” published on November 30, 2018, Investorplace.com published: “5 Top Stock Trades for Tuesday: Goldman, Apple, and AMD Fall Hard – Investorplace.com” on November 12, 2018. More interesting news about The Goldman Sachs Group, Inc. (NYSE:GS) were released by: Globenewswire.com and their article: “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” published on November 13, 2018 as well as Streetinsider.com‘s news article titled: “Wall Street edges down as tech, bank stocks weigh – StreetInsider.com” with publication date: November 29, 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 has $335 highest and $225 lowest target. $263.40’s average target is 38.13% above currents $190.69 stock price. 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 “Outperform” rating by Oppenheimer on Wednesday, July 18. On Wednesday, November 21 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. Bank of America downgraded the stock to “Neutral” rating in Friday, November 30 report. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) earned “Market Perform” rating by Wood on Wednesday, July 18. The firm has “Market Perform” rating given on Wednesday, October 17 by BMO Capital Markets.

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.