Goldman Sachs Group (GS) Shareholder First Allied Advisory Services Has Decreased Holding by $1.29 Million as Share Price Declined; H&R Block (HRB) Shareholder Denali Advisors Has Cut Its Position as Stock Rose

January 16, 2018 - By reb123z

First Allied Advisory Services Inc decreased its stake in Goldman Sachs Group Inc (GS) by 27.82% based on its latest 2017Q3 regulatory filing with the SEC. First Allied Advisory Services Inc sold 5,424 shares as the company’s stock declined 13.97% while stock markets rallied. The institutional investor held 14,075 shares of the finance company at the end of 2017Q3, valued at $3.34 million, down from 19,499 at the end of the previous reported quarter. First Allied Advisory Services Inc who had been investing in Goldman Sachs Group Inc for a number of months, seems to be less bullish one the $96.95B market cap company. The stock increased 0.74% or $1.9 during the last trading session, reaching $257.03. About 2.85 million shares traded or 5.27% up from the average. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 39.23% since January 16, 2017 and is uptrending. It has outperformed by 22.53% the S&P500.

Denali Advisors Llc decreased its stake in H&R Block Inc. (HRB) by 54.17% based on its latest 2017Q3 regulatory filing with the SEC. Denali Advisors Llc sold 27,900 shares as the company’s stock rose 25.06% with the market. The institutional investor held 23,600 shares of the consumer services company at the end of 2017Q3, valued at $625,000, down from 51,500 at the end of the previous reported quarter. Denali Advisors Llc who had been investing in H&R Block Inc. for a number of months, seems to be less bullish one the $5.51B market cap company. The stock increased 1.07% or $0.28 during the last trading session, reaching $26.36. About 1.98M shares traded. H&R Block, Inc. (NYSE:HRB) has risen 27.23% since January 16, 2017 and is uptrending. It has outperformed by 10.53% the S&P500.

Among 30 analysts covering Goldman Sachs Group Inc. (NYSE:GS), 13 have Buy rating, 1 Sell and 16 Hold. Therefore 43% are positive. Goldman Sachs Group Inc. had 90 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Wednesday, June 7. The stock has “Hold” rating by BMO Capital Markets on Tuesday, October 17. On Friday, October 16 the stock rating was maintained by UBS with “Neutral”. Citigroup downgraded The Goldman Sachs Group, Inc. (NYSE:GS) on Tuesday, January 10 to “Sell” rating. The firm earned “Neutral” rating on Monday, July 24 by UBS. The firm earned “Buy” rating on Monday, August 31 by Evercore. BMO Capital Markets maintained The Goldman Sachs Group, Inc. (NYSE:GS) on Wednesday, August 23 with “Hold” rating. The firm has “Buy” rating by UBS given on Friday, January 6. The firm has “Hold” rating by Keefe Bruyette & Woods given on Tuesday, January 9. Citigroup upgraded the shares of GS in report on Monday, October 12 to “Buy” rating.

First Allied Advisory Services Inc, which manages about $4.57B and $2.32 billion US Long portfolio, upped its stake in First Tr Exchange Traded Fd (FXL) by 9,107 shares to 33,154 shares, valued at $1.59M in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (IYF) by 20,292 shares in the quarter, for a total of 29,890 shares, and has risen its stake in Vanguard Index Fds (VTI).

Investors sentiment decreased to 0.75 in 2017 Q3. Its down 0.33, from 1.08 in 2017Q2. It dropped, as 63 investors sold GS shares while 427 reduced holdings. 82 funds opened positions while 285 raised stakes. 271.74 million shares or 2.47% less from 278.62 million shares in 2017Q2 were reported. Ifc Fl holds 0.02% in The Goldman Sachs Group, Inc. (NYSE:GS) or 1,385 shares. Signature Financial Management reported 3,788 shares. Schwerin Boyle Cap Mgmt has 18,475 shares. Suntrust Banks Incorporated accumulated 235,158 shares or 0.3% of the stock. Alpine Glob Ltd Llc owns 2,918 shares for 0.2% of their portfolio. Scott Selber holds 1.75% in The Goldman Sachs Group, Inc. (NYSE:GS) or 12,756 shares. Whalerock Point Partners Ltd accumulated 0.18% or 2,135 shares. Truenorth holds 0.74% or 6,764 shares. Goodwin Daniel L accumulated 6,000 shares or 0.63% of the stock. Chemung Canal Tru has invested 0.55% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Bridgecreek Investment Limited Com stated it has 32,635 shares or 2.1% of all its holdings. Wright Investors Service has 1,442 shares. 1,800 were reported by Crestpoint Cap Management Lc. 70,997 are owned by Suffolk Capital Management Llc. Boothbay Fund Mgmt Ltd Liability Corp holds 1,410 shares or 0.06% of its portfolio.

Since August 1, 2017, it had 0 buys, and 6 selling transactions for $15.08 million activity. Another trade for 25,000 shares valued at $6.13 million was sold by SCHWARTZ HARVEY M. The insider ROGERS JOHN F.W. sold $4.16M. Another trade for 3,260 shares valued at $754,997 was made by SOLOMON DAVID M on Monday, August 7. Shares for $1.19M were sold by GNODDE RICHARD J on Wednesday, October 18.

Analysts await The Goldman Sachs Group, Inc. (NYSE:GS) to report earnings on January, 17 before the open. They expect $5.10 earnings per share, up 0.39% or $0.02 from last year’s $5.08 per share. GS’s profit will be $1.92 billion for 12.60 P/E if the $5.10 EPS becomes a reality. After $5.02 actual earnings per share reported by The Goldman Sachs Group, Inc. for the previous quarter, Wall Street now forecasts 1.59% EPS growth.

Denali Advisors Llc, which manages about $357.49 million and $604.52 million US Long portfolio, upped its stake in Idexx Laboratories Inc. (NASDAQ:IDXX) by 26,500 shares to 28,000 shares, valued at $4.35M in 2017Q3, according to the filing. It also increased its holding in Eaton Corporation Plc (NYSE:ETN) by 17,800 shares in the quarter, for a total of 95,409 shares, and has risen its stake in Tegna Inc..

Investors sentiment decreased to 0.99 in Q3 2017. Its down 0.11, from 1.1 in 2017Q2. It turned negative, as 48 investors sold HRB shares while 123 reduced holdings. 56 funds opened positions while 113 raised stakes. 193.25 million shares or 4.16% more from 185.52 million shares in 2017Q2 were reported. Pacad Invest Ltd has 0.09% invested in H&R Block, Inc. (NYSE:HRB). Massachusetts-based Ngam Advsr LP has invested 0.01% in H&R Block, Inc. (NYSE:HRB). Renaissance Tech Limited Liability stated it has 1.58M shares or 0.05% of all its holdings. Panagora Asset Mgmt Incorporated reported 2.36M shares. Argyle Cap Mngmt Inc stated it has 45,950 shares. Piedmont Investment Advsr Limited Liability Corp reported 89,236 shares. Sg Americas owns 69,589 shares or 0.02% of their US portfolio. Cadence Ltd Liability holds 29,643 shares or 0.05% of its portfolio. Hussman Strategic invested in 53,000 shares or 0.34% of the stock. Jane Street Group Ltd Liability Corporation holds 157,081 shares. Research & Mngmt reported 200 shares. Dupont Cap Mngmt stated it has 168,127 shares. Hutchin Hill Capital Ltd Partnership, New York-based fund reported 23,000 shares. Continental Advsrs Ltd Liability accumulated 1.71% or 282,242 shares. Boston Family Office Ltd holds 0.03% or 9,000 shares in its portfolio.

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