How Many The Goldman Sachs Group, Inc. (NYSE:GS)’s Analysts Are Bearish?

May 18, 2018 - By Ned Sandoval

The Goldman Sachs Group, Inc. (NYSE:GS) LogoInvestors sentiment increased to 0.99 in 2017 Q4. Its up 0.24, from 0.75 in 2017Q3. It increased, as 60 investors sold The Goldman Sachs Group, Inc. shares while 371 reduced holdings. 106 funds opened positions while 322 raised stakes. 268.85 million shares or 1.06% less from 271.74 million shares in 2017Q3 were reported.
Brave Asset Mgmt has invested 1.49% in The Goldman Sachs Group, Inc. (NYSE:GS). Vanguard has 23.70M shares. Sawgrass Asset Management Ltd Com reported 10,576 shares. Bartlett & Com Lc reported 606 shares or 0.01% of all its holdings. The New York-based Joel Isaacson Lc has invested 0.28% in The Goldman Sachs Group, Inc. (NYSE:GS). Checchi Advisers Ltd Liability Corp accumulated 3,231 shares or 0.11% of the stock. Highlander Capital Limited Com owns 53 shares or 0.01% of their US portfolio. Canandaigua Natl Bank Tru has 5,382 shares. Baystate Wealth Management Ltd Liability Company reported 145 shares. Vantage Inv Advisors Limited Liability holds 365 shares. Bessemer Inc owns 6,368 shares or 0.01% of their US portfolio. Buckingham Mgmt Incorporated holds 1.27% or 41,698 shares in its portfolio. Prudential holds 0.29% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS) for 847,053 shares. Ferguson Wellman Capital Mgmt, Oregon-based fund reported 80,652 shares. Mycio Wealth Prns Ltd Liability Com reported 2,610 shares.

Since January 18, 2018, it had 0 insider buys, and 8 insider sales for $22.92 million activity. 11,829 shares were sold by CHAVEZ R. MARTIN, worth $3.07 million. LEE BRIAN J had sold 6,738 shares worth $1.78M on Wednesday, February 21. On Thursday, February 1 the insider SALAME PABLO J sold $2.70M. ROGERS JOHN F.W. sold $1.17 million worth of stock or 4,400 shares. Shares for $4.40M were sold by VINIAR DAVID A on Thursday, January 18.

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

Among 15 analysts covering Goldman Sachs Group Inc (NYSE:GS), 7 have Buy rating, 0 Sell and 8 Hold. Therefore 47% are positive. Goldman Sachs Group Inc had 24 analyst reports since December 12, 2017 according to SRatingsIntel. Keefe Bruyette & Woods maintained The Goldman Sachs Group, Inc. (NYSE:GS) on Tuesday, January 9 with “Hold” rating. The stock has “Hold” rating by Nomura on Tuesday, April 17. The stock has “Neutral” rating by Buckingham Research on Wednesday, April 18. On Friday, April 6 the stock rating was upgraded by Vining Sparks to “Buy”. BMO Capital Markets maintained it with “Hold” rating and $221.0 target in Wednesday, January 17 report. Vertical Group upgraded the shares of GS in report on Friday, December 29 to “Buy” rating. Morgan Stanley maintained the shares of GS in report on Friday, February 2 with “Overweight” rating. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, January 18 report. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Tuesday, April 17 report. The stock has “Overweight” rating by Morgan Stanley on Thursday, March 15. Below is a list of The Goldman Sachs Group, Inc. (NYSE:GS) latest ratings and price target changes.

23/04/2018 Broker: Oppenheimer Rating: Buy New Target: $308.0000 Maintain
17/04/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $265.0000 Maintain
18/04/2018 Broker: Argus Research Rating: Hold
17/04/2018 Broker: Nomura Rating: Hold New Target: $246.0000 Maintain
18/04/2018 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Market Perform Old Target: $221 New Target: $245 Maintain
18/04/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $274 New Target: $280 Maintain
18/04/2018 Broker: Buckingham Research Old Rating: Neutral New Rating: Neutral Old Target: $285 New Target: $292 Maintain
10/04/2018 Broker: Bernstein Rating: Outperform New Target: $300 Initiates Coverage On
06/04/2018 Broker: Vining Sparks Rating: Buy New Target: $280.0000 Upgrade
26/03/2018 Broker: Oppenheimer Rating: Buy New Target: $280.0000 Maintain

The stock decreased 0.77% or $1.86 during the last trading session, reaching $239.1. About 2.46M shares traded. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 9.66% since May 18, 2017 and is uptrending. It has underperformed by 1.89% the S&P500.

The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment management firm worldwide. The company has market cap of $90.31 billion. It operates through four divisions: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. It has a 22.59 P/E ratio. The Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs, and risk management; and underwriting services, such as debt and equity underwriting of public offerings and private placements of various securities and other financial instruments, as well as derivative transactions with public and private sector clients.

More notable recent The Goldman Sachs Group, Inc. (NYSE:GS) news were published by: Investingnews.com which released: “Anglo American Seeking Partner: Must Love Copper” on May 18, 2018, also Seekingalpha.com with their article: “Goldman hires cryptocurrency head” published on April 23, 2018, Seekingalpha.com published: “Goldman Sachs: Packing My Bags” on May 02, 2018. More interesting news about The Goldman Sachs Group, Inc. (NYSE:GS) were released by: Themiddlemarket.com and their article: “M&A daily wrap: Mark Zuckerberg, Chad Boeding, Iconiq, Epiq, Houston Rockets, Tilman Fertitta, RSM” published on May 17, 2018 as well as Thestreet.com‘s news article titled: “Rumors on TheStreet: Goldman Sachs CEO Hints at a Sales Breakout” with publication date: May 08, 2018.

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

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