Tech

Goldman Sachs (NYSE:GS) Given a $330.00 Price Target at Wells Fargo

Goldman Sachs (NYSE:GS) Given a $330.00 Price Target at Wells Fargo

Spectra Energy Partners, LP (NYSE:SEP) has declined 22.60% since April 24, 2017 and is downtrending. It has underperformed by 15.27% the S&P500.

Next Century Growth Investors Llc decreased Goldman Sachs Group Com (GS) stake by 32.13% reported in 2017Q4 SEC filing. In the last three months, insiders have sold 66,048 shares of company stock worth $17,668,347. The Focused Investors Llc holds 409,000 shares with $104.20M value, down from 420,200 last quarter.

The Goldman Sachs Group, Inc is an investment banking, securities and investment management company that provides a range of financial services to corporations, financial institutions, governments and individuals. The stock decreased 1.69% or $4.18 during the last trading session, reaching $242.49. About 325,598 shares traded. Thomas J. Herzfeld Advisors Inc. acquired a new stake in Goldman Sachs Group, Inc. Since April 24, 2017 GS has risen 9.66% and is uptrending. GS underperformed by 1.89% the S&P 500. ROGERS JOHN F.W. had sold 4,400 shares worth $1.17 million on Friday, February 23. It also increased its holding in Micron Technology (NASDAQ:MU) by 18,450 shares in the quarter, for a total of 69,144 shares, and has risen its stake in Yum China Holdings.

Also, insider David M. Solomon sold 21,252 shares of the firm's stock in a transaction dated Monday, January 29th. Therefore 64% are positive. Newpark Resources had 14 analyst reports since September 4, 2015 according to SRatingsIntel. The institutional investor held 10,844 shares of the finance company at the end of 2017Q4, valued at $2.76M, up from 6,764 at the end of the previous reported quarter. Using market capitalization to show the size of a company is important because company size is a basic determinant of various characteristics in which investors are interested, including risk. The rating was upgraded by UBS to "Buy" on Monday, January 29. On Thursday, July 30 the stock rating was maintained by Canaccord Genuity with "Buy". Williams Capital Group maintained the shares of SM in report on Thursday, February 22 with "Buy" rating. (NASDAQ:AMZN). M&T Retail Bank reported 73,588 shares. The firm has "Buy" rating given on Monday, May 2 by Tudor Pickering. Barclays Capital has "Equal Weight" rating and $262 target. (GS) will report its next earnings on April 17 BMO. Usca Ria Ltd Com reported 1,758 shares or 0.05% of all its holdings. MDT's profit will be $1.87 billion for 14.39 P/E if the $1.38 EPS becomes a reality.

Nevertheless, these rumors have circulated since late a year ago, when Bloomberg first reported that the firm would launch a cryptocurrency trading desk by the end of June 2018. Veritable Ltd Partnership invested 0.06% of its capital in The Goldman Sachs Group, Inc. That's change of 0.24, from 2017Q3's 0.75. It is positive, as 18 investors sold Newpark Resources, Inc. shares while 53 reduced holdings. 111 funds opened positions while 393 raised stakes.

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Schwab Charles Investment Management Inc, which manages about $126.11 billion US Long portfolio, decreased its stake in Ugi Corp New (NYSE:UGI) by 75,579 shares to 1.36M shares, valued at $63.73 million in 2017Q4, according to the filing. Texas Permanent School Fund accumulated 109,054 shares. Silvercrest Asset Gp Ltd Company holds 0.79% of its portfolio in Verizon Communications Inc. Dodge & Cox invested in 11.54 million shares or 2.28% of the stock. Blume invested in 0.01% or 100 shares. Aqr Capital Management Llc reported 660,210 shares stake. Bnp Paribas Asset Mgmt Hldgs has 0.24% invested in Waste Management, Inc. The difference between the expected and actual EPS was $0.76/share, which represents an Earnings surprise of 15.4%. Moors And Cabot Inc holds 0.51% or 47,514 shares. 32,000 were accumulated by Ally Fincl.

Big Money Sentiment increased to 0.99 in 2017 Q4. Its up 0.24, from 0.75 in 2017Q3. The investment management company reported $6.95 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $5.58 by $1.37. Bluestein R H & Co has 2.25% invested in Waste Management, Inc. Gradient Invs Limited Company holds 28 shares. First Merchants Corporation reported 0.06% in The Goldman Sachs Group, Inc. (NYSE:GS) or 1,450 shares. Martingale Asset LP invested in 519,770 shares or 0.59% of the stock. Donald Smith holds 113,549 shares or 0.7% of its portfolio. Price T Rowe Assoc Md invested 0.03% in The Goldman Sachs Group, Inc. Comparatively, GS posted earnings of $4.62 per share in the same quarter, a year earlier. (NYSE:GS). Ballentine holds 0.02% or 1,560 shares in its portfolio. $1.78 million worth of The Goldman Sachs Group, Inc. (NYSE:GS) or 4,400 shares. Brookfield Asset Management accumulated 4.24M shares. Shares for $2.70M were sold by SALAME PABLO J. Cleararc Capital Inc holds 0.31% or 8,933 shares in its portfolio. Moreover, Colonial Trust Advsr has 0.97% invested in The Goldman Sachs Group, Inc.

Returns and Valuations for The Goldman Sachs Group, Inc. Keep in mind that Investors should not rely only on an analyst's recommendation when taking a decision whether to buy, hold, or sell a stock.

According to 2017Q4 Securities and Exchange filling the California State Teachers Retirement System reduced its holdings in Goldman Sachs Group Inc (GS) by 3.42%. Finally, BMO Capital Markets cut their price objective on Goldman Sachs to $221.00 and set a "market perform" rating on the stock in a research report on Thursday, January 18th. The firm has a market capitalization of $90.79 billion, a price-to-earnings ratio of 11.80 and a beta of 1.39. (NYSE:GS) earned "Outperform" rating by Oppenheimer on Tuesday, October 6. The firm has "Hold" rating given on Tuesday, December 12 by Keefe Bruyette & Woods. Nelson Van Denburg And Campbell Wealth Management Gru Ltd Liability has invested 0.45% in The Goldman Sachs Group, Inc. (NYSE:GS). Roundview Ltd holds 0.53% or 8,057 shs in its capital. (NYSE:NR) on Tuesday, February 16 with "Outperform" rating. Oppenheimer maintained The Goldman Sachs Group, Inc.