Goldman Sachs Group Inc (GS) EPS Estimated At $3.98

June 19, 2017 - By Nellie Frank

 Goldman Sachs Group Inc (GS) EPS Estimated At $3.98
Investors sentiment increased to 0.88 in Q4 2016. Its up 0.02, from 0.86 in 2016Q3. It improved, as 65 investors sold Goldman Sachs Group Inc shares while 424 reduced holdings. 168 funds opened positions while 262 raised stakes. 287.95 million shares or 5.61% more from 272.65 million shares in 2016Q3 were reported.
Grandfield And Dodd Ltd Liability invested in 1,323 shares. 5.74M are held by Bank Of America De. Rothschild Ptnrs Ltd Liability Com holds 0.97% or 8,000 shares in its portfolio. Cookson Peirce & holds 0.7% of its portfolio in Goldman Sachs Group Inc (NYSE:GS) for 21,120 shares. 6,687 are owned by Roundview Limited Liability. Rocky Mountain Advisers Ltd owns 120 shares. Cg Asset Limited Liability Company stated it has 973 shares. Moreover, Cap International Investors has 0.3% invested in Goldman Sachs Group Inc (NYSE:GS). Tukman Grossman Capital Mgmt owns 427,750 shares or 10.46% of their US portfolio. Pension Ser has invested 0.44% in Goldman Sachs Group Inc (NYSE:GS). Timber Creek Mngmt Lc stated it has 0% of its portfolio in Goldman Sachs Group Inc (NYSE:GS). Comerica Savings Bank invested in 0.22% or 113,473 shares. Sol Cap Management owns 1,655 shares. Pacific Glob Inv owns 11,603 shares. Bb&T Secs Ltd Com owns 16,392 shares.

Since January 19, 2017, it had 0 insider buys, and 16 insider sales for $38.08 million activity. SCHWARTZ HARVEY M sold $5.85M worth of stock. 4,186 shares were sold by COOPER EDITH W, worth $991,013. 16,185 Goldman Sachs Group Inc (NYSE:GS) shares with value of $3.89 million were sold by SALAME PABLO J. COHEN ALAN M had sold 2,384 shares worth $571,767. The insider Spar Debora L sold $46,814. SMITH SARAH G also sold $2.51M worth of Goldman Sachs Group Inc (NYSE:GS) on Friday, February 3. $8.08 million worth of Goldman Sachs Group Inc (NYSE:GS) was sold by ROGERS JOHN F.W..

Analysts await Goldman Sachs Group Inc (NYSE:GS) to report earnings on July, 18. They expect $3.98 EPS, up 6.99 % or $0.26 from last year’s $3.72 per share. GS’s profit will be $1.56 billion for 14.08 P/E if the $3.98 EPS becomes a reality. After $5.15 actual EPS reported by Goldman Sachs Group Inc for the previous quarter, Wall Street now forecasts -22.72 % negative EPS growth. About 128,119 shares traded. Goldman Sachs Group Inc (NYSE:GS) has risen 39.23% since June 19, 2016 and is uptrending. It has outperformed by 22.53% the S&P500.

Goldman Sachs Group Inc (NYSE:GS) Ratings Coverage

Among 26 analysts covering Goldman Sachs Group Inc. (NYSE:GS), 15 have Buy rating, 1 Sell and 10 Hold. Therefore 58% are positive. Goldman Sachs Group Inc. had 60 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was downgraded by Atlantic Securities to “Neutral” on Wednesday, December 21. RBC Capital Markets maintained it with “Sector Perform” rating and $150 target in Wednesday, July 20 report. The firm has “Outperform” rating by Oppenheimer given on Friday, January 29. JP Morgan upgraded Goldman Sachs Group Inc (NYSE:GS) on Tuesday, February 16 to “Overweight” rating. Oppenheimer maintained the shares of GS in report on Tuesday, January 5 with “Outperform” rating. The stock has “Buy” rating by on Monday, October 10. The firm has “Sell” rating by Citigroup given on Tuesday, January 10. The stock has “Equal Weight” rating by Barclays Capital on Tuesday, January 3. The rating was maintained by Wood on Friday, April 7 with “Outperform”. The firm has “Neutral” rating by Nomura given on Tuesday, November 29.

The Goldman Sachs Group, Inc. is an investment banking, securities and investment management firm that provides a range of financial services to firms, financial institutions, governments and individuals. The company has market cap of $87.67 billion. The Firm operates in four business divisions: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. It has a 11.91 P/E ratio. The Investment Banking segment consists of financial advisory and underwriting.

More notable recent Goldman Sachs Group Inc (NYSE:GS) news were published by: Benzinga.com which released: “Goldman Sachs, Riding A Slide, Downgraded By Vetr” on June 15, 2017, also Bloomberg.com with their article: “Goldman Sachs Veteran Asset Manager to Start Own India Fund” published on June 13, 2017, Reuters.com published: “Goldman Sachs raises $7 billion for new private equity fund: sources” on June 14, 2017. More interesting news about Goldman Sachs Group Inc (NYSE:GS) were released by: Bloomberg.com and their article: “Goldman Set Out to Automate IPOs and It Has Come Far, Really Fast” published on June 13, 2017 as well as Bloomberg.com‘s news article titled: “Goldman to Double Frankfurt Staff on Brexit, Europe Head Says” with publication date: June 18, 2017.

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