As At&T (T) Market Value Declined, Park Circle Co Lifted Its Holding; Qvt Financial LP Cut Its Holding in Goldman Sachs Group (GS) as Share Value Declined

May 16, 2018 - By wolcottdaily

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

Daniel Gold decreased its stake in Goldman Sachs Group Inc (GS) by 10.4% based on its latest 2017Q4 regulatory filing with the SEC. Qvt Financial Lp sold 6,597 shares as the company’s stock declined 4.52% with the market. The hedge fund run by Daniel Gold held 56,832 shares of the finance company at the end of 2017Q4, valued at $14.48 million, down from 63,429 at the end of the previous reported quarter. Qvt Financial Lp who had been investing in Goldman Sachs Group Inc for a number of months, seems to be less bullish one the $91.01B market cap company. The stock decreased 0.25% or $0.6 during the last trading session, reaching $240.96. About 1.96M shares traded. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 9.66% since May 16, 2017 and is uptrending. It has underperformed by 1.89% the S&P500.

Peter S. Park increased its stake in At&T Inc (T) by 57.14% based on its latest 2017Q4 regulatory filing with the SEC. Park Circle Co bought 56,300 shares as the company’s stock declined 10.37% with the market. The hedge fund run by Peter S. Park held 154,825 shares of the telecommunications equipment company at the end of 2017Q4, valued at $6.02 million, up from 98,525 at the end of the previous reported quarter. Park Circle Co who had been investing in At&T Inc for a number of months, seems to be bullish on the $198.35B market cap company. The stock increased 0.65% or $0.21 during the last trading session, reaching $32.3. About 19.03M shares traded. AT&T Inc. (NYSE:T) has declined 15.88% since May 16, 2017 and is downtrending. It has underperformed by 27.43% the S&P500.

Investors sentiment increased to 0.99 in Q4 2017. Its up 0.24, from 0.75 in 2017Q3. It is positive, as 60 investors sold GS 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. Lpl Financial Limited Liability Co holds 0.05% or 63,913 shares. Tru Department Mb Bancorporation N A reported 923 shares or 0.02% of all its holdings. The Maryland-based Columbia Ptnrs L L C Management has invested 0.43% in The Goldman Sachs Group, Inc. (NYSE:GS). Nomura Asset Mgmt Ltd holds 0.26% or 88,081 shares in its portfolio. Rnc Capital Management Lc owns 1,294 shares. 626 are held by Johnson Financial Grp Inc. Ally Finance Incorporated, a Michigan-based fund reported 15,000 shares. Cadence Bankshares Na holds 0.11% or 1,164 shares. Moreover, Glob Thematic Partners Ltd Com has 2.68% invested in The Goldman Sachs Group, Inc. (NYSE:GS). Pinnacle Limited Liability Corporation reported 16,544 shares stake. Parsons Cap Inc Ri has 1,418 shares. Tiverton Asset Mngmt has invested 0.05% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Weik Cap Management reported 0.43% in The Goldman Sachs Group, Inc. (NYSE:GS). Bkd Wealth Advsrs Limited Liability Co invested 0.03% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Amundi Pioneer Asset reported 411,036 shares.

Since January 18, 2018, it had 0 buys, and 7 sales for $22.06 million activity. Shares for $2.70 million were sold by SALAME PABLO J on Thursday, February 1. LEE BRIAN J had sold 6,738 shares worth $1.78M on Wednesday, February 21. SOLOMON DAVID M sold $5.77 million worth of stock. ROGERS JOHN F.W. sold $1.17 million worth of The Goldman Sachs Group, Inc. (NYSE:GS) on Friday, February 23. On Thursday, January 18 the insider VINIAR DAVID A sold $4.40M.

Qvt Financial Lp, which manages about $8.91 billion and $1.77 billion US Long portfolio, upped its stake in Patterson Uti Energy Inc (NASDAQ:PTEN) by 129,400 shares to 291,100 shares, valued at $6.70M in 2017Q4, according to the filing. It also increased its holding in Iovance Biotherapeutics Inc by 463,486 shares in the quarter, for a total of 1.12M shares, and has risen its stake in Sinclair Broadcast Group Inc (NASDAQ:SBGI).

Analysts await The Goldman Sachs Group, Inc. (NYSE:GS) to report earnings on July, 17. They expect $4.67 earnings per share, up 18.23% or $0.72 from last year’s $3.95 per share. GS’s profit will be $1.76 billion for 12.90 P/E if the $4.67 EPS becomes a reality. After $6.95 actual earnings per share reported by The Goldman Sachs Group, Inc. for the previous quarter, Wall Street now forecasts -32.81% negative EPS growth.

More notable recent The Goldman Sachs Group, Inc. (NYSE:GS) news were published by: Thestreet.com which released: “Rumors on TheStreet: Goldman Sachs CEO Hints at a Sales Breakout” on May 08, 2018, also Benzinga.com with their article: “Today In Cryptocurrency: Former Goldman Exec Rips Bitcoin, Fed Report Shows Futures Dented Crypto Valuations” published on May 09, 2018, Seekingalpha.com published: “Goldman Sachs’ First Quarter Performance: Whoa” on April 17, 2018. More interesting news about The Goldman Sachs Group, Inc. (NYSE:GS) were released by: Seekingalpha.com and their article: “Goldman Sachs: Packing My Bags” published on May 02, 2018 as well as Fool.com‘s news article titled: “How Warren Buffett Decides It’s Time to Sell a Stock” with publication date: May 16, 2018.

Among 32 analysts covering Goldman Sachs Group Inc. (NYSE:GS), 14 have Buy rating, 1 Sell and 17 Hold. Therefore 44% are positive. Goldman Sachs Group Inc. had 109 analyst reports since July 21, 2015 according to SRatingsIntel. As per Monday, March 26, the company rating was maintained by Oppenheimer. The rating was maintained by Barclays Capital on Thursday, January 18 with “Hold”. RBC Capital Markets maintained it with “Sector Perform” rating and $180 target in Monday, January 25 report. On Wednesday, October 19 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The firm earned “Hold” rating on Wednesday, January 17 by Keefe Bruyette & Woods. The firm has “Overweight” rating given on Friday, February 2 by Morgan Stanley. The firm has “Overweight” rating by Atlantic Securities given on Friday, April 21. Buckingham Research maintained the shares of GS in report on Wednesday, April 18 with “Neutral” rating. RBC Capital Markets maintained The Goldman Sachs Group, Inc. (NYSE:GS) rating on Wednesday, August 30. RBC Capital Markets has “Hold” rating and $240.0 target. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) earned “Buy” rating by Bank of America on Wednesday, September 9.

Investors sentiment decreased to 0.91 in 2017 Q4. Its down 0.26, from 1.17 in 2017Q3. It worsened, as 67 investors sold T shares while 714 reduced holdings. 125 funds opened positions while 589 raised stakes. 3.09 billion shares or 7.58% less from 3.34 billion shares in 2017Q3 were reported. Telemus Limited Co invested in 0.23% or 77,362 shares. Bridgecreek Invest Mngmt Limited Company, a Oklahoma-based fund reported 129,037 shares. Forte Llc Adv reported 47,338 shares stake. Japan-based National Mutual Insur Federation Of Agricultural Cooperatives has invested 0.04% in AT&T Inc. (NYSE:T). Colony Grp Ltd Liability Com reported 0.08% stake. Kentucky Retirement invested 1.05% in AT&T Inc. (NYSE:T). Mcdaniel Terry And reported 12,743 shares. Tiemann Inv Limited Liability Corp stated it has 34,728 shares. Quantbot Tech Limited Partnership stated it has 119,738 shares. 7,339 were reported by Chelsea Counsel. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Corporation invested 0.6% in AT&T Inc. (NYSE:T). Kistler owns 0.68% invested in AT&T Inc. (NYSE:T) for 44,432 shares. Putnam Invs Llc reported 7.66 million shares stake. Advisory Svcs Networks Ltd Liability Corp reported 131,363 shares stake. Pathstone Family Office Limited Liability reported 466 shares.

Among 33 analysts covering AT&T Inc. (NYSE:T), 13 have Buy rating, 1 Sell and 19 Hold. Therefore 39% are positive. AT&T Inc. had 83 analyst reports since July 27, 2015 according to SRatingsIntel. Macquarie Research initiated AT&T Inc. (NYSE:T) on Tuesday, April 5 with “Outperform” rating. RBC Capital Markets maintained the shares of T in report on Monday, October 2 with “Hold” rating. On Tuesday, July 18 the stock rating was maintained by Cowen & Co with “Hold”. The rating was maintained by Cowen & Co on Thursday, February 1 with “Hold”. Robert W. Baird maintained it with “Buy” rating and $43.0 target in Wednesday, September 20 report. Goldman Sachs reinitiated the stock with “Neutral” rating in Monday, July 27 report. Scotia Capital maintained it with “Hold” rating and $40.0 target in Tuesday, January 30 report. The stock of AT&T Inc. (NYSE:T) earned “Equal-Weight” rating by Barclays Capital on Friday, April 13. On Friday, February 23 the stock rating was maintained by Wells Fargo with “Buy”. The firm earned “Equal-Weight” rating on Wednesday, September 27 by Morgan Stanley.

More notable recent AT&T Inc. (NYSE:T) news were published by: Seekingalpha.com which released: “Retirement Strategy: Is It Time To Dump AT&T?” on May 11, 2018, also Investorplace.com with their article: “Merger Speeds Up the Comeback of T-Mobile US Inc” published on May 16, 2018, Seekingalpha.com published: “AT&T: The Sky Isn’t Falling” on May 02, 2018. More interesting news about AT&T Inc. (NYSE:T) were released by: Seekingalpha.com and their article: “AT&T conference update: Network speed investment, streaming video upgrades” published on May 15, 2018 as well as Seekingalpha.com‘s news article titled: “AT&T: Should We Be Worried?” with publication date: April 30, 2018.

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

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