Keefe Bruyette & Woods Cuts Rating On Goldman Sachs Group, Inc. (The) (GS)

Looking Past Q2 Beat Goldman Sachs Topline Outlook Still Troublesome
Goldman Sachs Group, Inc. (The) (NYSE:GS) Price Target Raised to $256.00 at Oppenheimer Holdings, Inc.
Author

19 July, 2017

It is positive, as 60 investors sold VZ shares while 658 reduced holdings. 115 funds opened positions while 683 raised stakes. (NYSE:GS) established that the company was able to keep return on investment at 2.04 in the trailing twelve month while Reuters data showed that industry's average stands at 4.01 and sector's optimum level is 0.42. (The) (NYSE:GS) to $256.00 per share. The California-based Mogy Joel R Inv Counsel has invested 2.18% in Verizon Communications Inc. Institutional owners hold 80.90% stake in the company while Insiders ownership held at 1.30%. Northern Tru Corp reported 0.81% stake. Bedrijfstakpensioenfonds Voor De Media Pno owns 6,000 shares. Amer Century Inc holds 0.15% or 598,813 shares in its portfolio. North Star Investment Mngmt reported 2,424 shares.

Investors sentiment increased to 1.54 in Q4 2016. (NYSE:T). First American Retail Bank holds 161,331 shares. Thrivent Fincl For Lutherans accumulated 1.08% or 1.01 million shares. 373,590 are owned by Discovery Capital Management Ltd Liability Ct. Winch Advisory Services Limited Liability Corp holds 0.23% or 1,364 shares. Weatherstone Capital Management reported 0.22% of its portfolio in Verizon Communications Inc. CAE Inc. had 15 analyst reports since August 13, 2015 according to SRatingsIntel. As per Friday, May 27, the company rating was upgraded by Macquarie Research. During the same period in the prior year, the firm earned $3.72 earnings per share. VZ's profit will be $3.88B for 11.42 P/E if the $0.96 EPS becomes a reality. Loeb Partners Corporation sold 3,100 shares as the company's stock declined 13.97% while stock markets rallied.

Among 25 analysts covering AT&T Inc. Therefore 44% are positive. Verizon Communications Inc. had 42 analyst reports since July 22, 2015 according to SRatingsIntel.

On November 29 the stock rating was upgraded from "Market Perform" to "Outperform" in a report from Keefe Bruyette & Woods. Buckingham Research restated a "neutral" rating and issued a $243.00 price target (up previously from $235.00) on shares of Goldman Sachs Group, Inc. The firm earned "Sell" rating on Friday, August 14 by Zacks. On Wednesday, April 19 the stock rating was downgraded by Rafferty to "Hold". The stock of Verizon Communications Inc. (NYSE:T) on Monday, October 24 to "Hold" rating. The third largest holder is State Street Corp, which now holds $5.24 billion worth of this stock and that ownership represents almost 5.91% of its market capitalization. The company was downgraded on Friday, November 11 by IBC. The Jane Street Group Llc holds 158,968 shares with $2.22 million value, up from 18,587 last quarter. COOPER EDITH W sold $539,184 worth of stock. SALAME PABLO J had sold 10,000 shares worth $2.52 million on Tuesday, February 21.

On 2/3/2017 Sarah G Smith, Insider, sold 10,691 with an average share price of $234.89 per share and the total transaction amounting to $2,511,208.99.

In the transaction dated February 15, 2017, the great number of shares disposed came courtesy the EVP-Chief of Staff & Secretary; ROGERS JOHN F.W. disposed a total of 32,325 shares at an average price of $250.06, amounting to approximately $8,083,190. Asset Mngmt One Limited stated it has 0.4% of its portfolio in Goldman Sachs Group Inc (NYSE:GS). Analysts have a mean recommendation of 2.50 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 58% are positive.

Northeast Investment Management increased Goldman Sachs Group Inc (GS) stake by 8.91% reported in 2016Q4 SEC filing. Grandfield And Dodd Ltd Liability Corporation has invested 0.04% in Goldman Sachs Group Inc (NYSE:GS). Bank of America upgraded the shares of GS in report on Wednesday, September 9 to "Buy" rating. The rating was maintained by Oppenheimer on Friday, January 29 with "Outperform". The rating was initiated by Berenberg on Wednesday, July 13 with "Hold". On Friday, January 29 the stock rating was maintained by Oppenheimer with "Outperform". Whereas 7 of them predict the stock is a hold. The stock has "Neutral" rating by UBS on Friday, October 16.


More news


  • Cops: Heroin OD blamed in Falmouth rollover

    A man fell unconscious and crashed his auto in Falmouth on Saturday afternoon while overdosing on heroin, police said. The driver crossed the center line and hit a telephone pole, which caused the auto to rollover onto its roof.

    Bank of America Corporation (NYSE:BAC) Position Cut by Cumberland Partners Ltd

    It dropped, as 104 investors sold QCOM shares while 514 reduced holdings. 207 funds opened positions while 479 raised stakes. Cohen Klingenstein Ltd Liability Com holds 0.7% of its portfolio in Bank of America Corp (NYSE: BAC ) for 184,400 shares.
    FHP: Man captured after killing family of 3 in 2015 crash

    FHP: Man captured after killing family of 3 in 2015 crash

    Dameron, along with 24-year-old Joseph Kieran IV, were booked at the Palm Beach County Jail. Montes says troopers a tip received on Monday that led to Dameron's arrest.
  • Why Mayawati resigns from Rajya Sabha?

    Why Mayawati resigns from Rajya Sabha?

    The government was ready for discussion under Rule 193, which does not entail voting, and answering all questions. He said that BJP leader tried to suppress her voice and they ensured that she does not speak.
    Man Tied to 4 Sex Attacks in Brooklyn Just Hours Apart

    Man Tied to 4 Sex Attacks in Brooklyn Just Hours Apart

    As she left the elevator when it arrived at her floor, the man put his hand over her mouth and tried to drag her to the ground. The man is seen on surveillance wearing a black shirt with a very distinctive message that uses the F word three times.

    Turkish PM changes 11 positions in cabinet reshuffle

    The key ministries for the economy, finance, foreign affairs, the interior and European Union affairs remained unchanged. Erdogan has complained of a "fatigue" within the ruling party, speaking of a need for rejuvenation.
  • Ed Sheeran has returned to Twitter after the GoT backlash

    Ed Sheeran has returned to Twitter after the GoT backlash

    The episode was screened a few days before the broadcast premiere and was enjoyed by the audience before the credits. However, Podeswa made the point that numerous actors in the Game of Thrones cast are famous like Sheeran.
    United Continental Holdings Inc (UAL) Q2 Earnings Beat, But PRASM Outlook Weak

    United Continental Holdings Inc (UAL) Q2 Earnings Beat, But PRASM Outlook Weak

    The stock of United Continental Holdings Inc (NYSE: UAL ) has "Buy" rating given on Tuesday, December 6 by Bank of America. Whereas, in last 21 trading days (one month) was moved up 2.76% and surged in last 63 trading days (quarter) of 16.46%.

    Insider Trading at Varian Medical Systems Inc.?

    MYL's profit will be $643.31M for 8.17 P/E if the $1.20 EPS becomes a reality. $147,761 worth of Varian Medical Systems, Inc . Varian Medical Systems, Inc . has a one year low of $75.20 and a one year high of $107.08. (NYSE: VAR ) for 7,560 shares.
  • Campbell Soup Company (NYSE:CPB) Shares Dip Under Moving Averages

    Kbc Group Nv increased Apogee Enterprises Inc (NASDAQ:APOG) stake by 27,391 shares to 52,764 valued at $2.83 million in 2016Q4. The company reported $0.59 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.64 by $0.05.
    Herath overtakes Ashwin to reach 2nd spot in test bowlers' rankings

    Herath overtakes Ashwin to reach 2nd spot in test bowlers' rankings

    India's Cheteshwar Pujara is at the fourth spot while his skipper Virat Kohli completes the top five. The all-rounder's chart witnessed no major change apart from Vernon Philander .
    Khushbu's tweets directed at a popular actress?

    Khushbu's tweets directed at a popular actress?

    Sangamithra's budget is expected to surpass that of 2.0 and the Baahubali films. She went on to add, "Work has started already". We're just as confused as you are.