The Goldman Sachs Group, Inc. (GS) Analysts See $5.80 EPS

September 15, 2018 - By Alfred Lee

The Goldman Sachs Group, Inc. (NYSE:GS) LogoInvestors sentiment decreased to 1.03 in Q2 2018. Its down 0.13, from 1.16 in 2018Q1. It turned negative, as 88 investors sold The Goldman Sachs Group, Inc. 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.
Hartford Co owns 47,404 shares. Strategic Advisors Limited Com holds 6,953 shares or 0.62% of its portfolio. The California-based Baker Avenue Asset L P has invested 0.36% in The Goldman Sachs Group, Inc. (NYSE:GS). Macroview Invest Limited Liability Company accumulated 0.16% or 202 shares. Canandaigua Financial Bank & Tru reported 11,367 shares. Cna stated it has 7,949 shares. Pinebridge Investments Lp owns 39,466 shares. First Quadrant L P Ca has 0% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 600 shares. New York-based Indexiq Advsrs Lc has invested 0.18% in The Goldman Sachs Group, Inc. (NYSE:GS). Advisors Asset Mngmt Inc reported 0.05% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Huntington Bancshares owns 26,538 shares for 0.1% of their portfolio. Moreover, Kcm Advsr Limited Company has 0.04% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 3,140 shares. Next Century Growth Investors Limited Liability Com reported 4,317 shares or 0.12% of all its holdings. New Jersey-based Murphy Cap Mngmt has invested 0.22% in The Goldman Sachs Group, Inc. (NYSE:GS). 32,940 were reported by Bridgecreek Investment Ltd Llc.

Since May 14, 2018, it had 0 insider buys, and 2 insider sales for $2.80 million activity.

Analysts expect The Goldman Sachs Group, Inc. (NYSE:GS) to report $5.80 EPS on October, 16.They anticipate $0.78 EPS change or 15.54 % from last quarter’s $5.02 EPS. GS’s profit would be $2.19B giving it 9.88 P/E if the $5.80 EPS is correct. After having $5.98 EPS previously, The Goldman Sachs Group, Inc.’s analysts see -3.01 % EPS growth. The stock increased 0.40% or $0.91 during the last trading session, reaching $229.24. About 2.23M shares traded. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 0.97% since September 15, 2017 and is uptrending. It has underperformed by 14.65% the S&P500.

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

Among 12 analysts covering Goldman Sachs Group (NYSE:GS), 5 have Buy rating, 0 Sell and 7 Hold. Therefore 42% are positive. Goldman Sachs Group had 14 analyst reports since March 15, 2018 according to SRatingsIntel. Wood maintained The Goldman Sachs Group, Inc. (NYSE:GS) rating on Wednesday, July 18. Wood has “Market Perform” rating and $255 target. The firm earned “Neutral” rating on Wednesday, April 18 by Credit Suisse. On Wednesday, July 18 the stock rating was maintained by Oppenheimer with “Outperform”. Nomura maintained it with “Hold” rating and $24600 target in Tuesday, April 17 report. The firm has “Buy” rating given on Monday, March 26 by Oppenheimer. On Thursday, March 15 the stock rating was maintained by Morgan Stanley with “Overweight”. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) has “Market Perform” rating given on Wednesday, April 18 by BMO Capital Markets. Vining Sparks upgraded the stock to “Buy” rating in Friday, April 6 report. The rating was maintained by Oppenheimer on Monday, April 23 with “Buy”. On Wednesday, April 18 the stock rating was maintained by Buckingham Research with “Neutral”.

The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment management firm worldwide. The company has market cap of $86.55 billion. It operates through four divisions: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. It has a 18.3 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: Streetinsider.com which released: “Goldman Sachs (GS) Names John Waldron as President and COO; Stephen Scherr Named as CFO” on September 13, 2018, also Gurufocus.com with their article: “3 Companies Warren Buffett Turned Down During the Financial Crisis” published on September 14, 2018, Bizjournals.com published: “Morgan Stanley to offer trading in complex derivatives tied to bitcoin” on September 13, 2018. More interesting news about The Goldman Sachs Group, Inc. (NYSE:GS) were released by: Gurufocus.com and their article: “5 Defensive Retail Companies Gurus Agree On” published on September 14, 2018 as well as Bizjournals.com‘s news article titled: “Bitcoin review: A win for the Winklevoss brothers, Seed CX clinches $15M” with publication date: September 14, 2018.

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

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