Dr Pepper Snapple Group (DPS) Stock Rose While Cedar Rock Capital LTD Decreased Its Stake by $491,111; Goldman Sachs Group (GS) Shareholder Brave Asset Management Has Increased Position

May 20, 2018 - By Vivian Park

Dr Pepper Snapple Group, Inc. (NYSE:DPS) Logo

Brave Asset Management Inc increased its stake in Goldman Sachs Group Inc (GS) by 254.27% based on its latest 2017Q4 regulatory filing with the SEC. Brave Asset Management Inc bought 8,045 shares as the company’s stock declined 4.52% with the market. The institutional investor held 11,209 shares of the finance company at the end of 2017Q4, valued at $2.86 million, up from 3,164 at the end of the previous reported quarter. Brave Asset Management Inc who had been investing in Goldman Sachs Group Inc for a number of months, seems to be bullish on the $89.52B market cap company. The stock decreased 0.88% or $2.1 during the last trading session, reaching $237. About 2.70M shares traded. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 9.66% since May 20, 2017 and is uptrending. It has underperformed by 1.89% the S&P500.

Andy Brown decreased its stake in Dr Pepper Snapple Group Inc (DPS) by 0.05% based on its latest 2017Q4 regulatory filing with the SEC. Cedar Rock Capital Ltd sold 5,063 shares as the company’s stock rose 23.05% while stock markets declined. The hedge fund run by Andy Brown held 10.06M shares of the consumer non-durables company at the end of 2017Q4, valued at $976.83 million, down from 10.07 million at the end of the previous reported quarter. Cedar Rock Capital Ltd who had been investing in Dr Pepper Snapple Group Inc for a number of months, seems to be less bullish one the $21.53 billion market cap company. The stock increased 0.08% or $0.09 during the last trading session, reaching $119.47. About 987,765 shares traded. Dr Pepper Snapple Group, Inc. (NYSE:DPS) has risen 21.65% since May 20, 2017 and is uptrending. It has outperformed by 10.10% the S&P500.

Brave Asset Management Inc, which manages about $193.32 million and $192.00 million US Long portfolio, decreased its stake in Duke Energy Corp New (NYSE:DUK) by 17,985 shares to 3,993 shares, valued at $336,000 in 2017Q4, according to the filing. It also reduced its holding in General Electric Co (Call) (NYSE:GE) by 78,214 shares in the quarter, leaving it with 16,500 shares, and cut its stake in Annaly Cap Mgmt Inc (NYSE:NLY).

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. Oppenheimer maintained The Goldman Sachs Group, Inc. (NYSE:GS) rating on Tuesday, January 5. Oppenheimer has “Outperform” rating and $259.0 target. The stock has “Hold” rating by BMO Capital Markets on Wednesday, May 31. Buckingham Research maintained the stock with “Neutral” rating in Wednesday, April 18 report. On Tuesday, February 16 the stock rating was upgraded by JP Morgan to “Overweight”. The company was maintained on Monday, April 23 by Oppenheimer. The firm earned “Equal Weight” rating on Tuesday, January 3 by Barclays Capital. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) earned “Sector Perform” rating by RBC Capital Markets on Wednesday, October 19. On Friday, February 24 the stock rating was downgraded by Berenberg to “Sell”. BMO Capital Markets maintained the stock with “Hold” rating in Tuesday, July 18 report. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) earned “Hold” rating by Keefe Bruyette & Woods on Tuesday, December 12.

Since January 18, 2018, it had 0 buys, and 8 sales for $22.92 million activity. $3.07M worth of stock was sold by CHAVEZ R. MARTIN on Wednesday, February 7. On Friday, February 23 ROGERS JOHN F.W. sold $1.17M worth of The Goldman Sachs Group, Inc. (NYSE:GS) or 4,400 shares. SOLOMON DAVID M had sold 3,497 shares worth $854,665. $2.70M worth of The Goldman Sachs Group, Inc. (NYSE:GS) shares were sold by SALAME PABLO J. $4.40 million worth of The Goldman Sachs Group, Inc. (NYSE:GS) was sold by VINIAR DAVID A on Thursday, January 18.

More notable recent The Goldman Sachs Group, Inc. (NYSE:GS) news were published by: Benzinga.com which released: “Today In Cryptocurrency: Former Goldman Exec Rips Bitcoin, Fed Report Shows Futures Dented Crypto Valuations” on May 09, 2018, also Bizjournals.com with their article: “Banking Roundup: JPMorgan keeps board… Apple credit card in the works… BofA on technology” published on May 16, 2018, Seekingalpha.com published: “Goldman hires cryptocurrency head” on April 23, 2018. More interesting news about The Goldman Sachs Group, Inc. (NYSE:GS) were released by: Streetinsider.com and their article: “Goldman Sachs (GS) CEO Blankfein Likely to Step Down in December – NYT” published on May 18, 2018 as well as 247Wallst.com‘s news article titled: “Why Goldman Sachs and Apple Will Launch a New Credit Card” with publication date: May 11, 2018.

Investors sentiment increased to 0.99 in Q4 2017. Its up 0.24, from 0.75 in 2017Q3. It improved, 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. Burke Herbert National Bank Tru Co holds 0.36% or 1,635 shares in its portfolio. Bourgeon Cap Mngmt Ltd Liability Co holds 0.32% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS) for 2,290 shares. 14,063 are held by Alpine Global Mgmt Ltd Liability Co. Greenwich Wealth Ltd Liability Com has 48,015 shares. Carlson Cap Limited Partnership holds 117,153 shares or 0.51% of its portfolio. Wharton Business Grp Incorporated Limited Liability Corporation, a Pennsylvania-based fund reported 22,502 shares. Addison Capital invested in 0.39% or 1,920 shares. Ipg Investment Limited Co invested in 1,630 shares or 0.17% of the stock. 10,047 are held by Asset Strategies. Raab Moskowitz Asset Mngmt holds 0.24% or 1,966 shares in its portfolio. Federated Invsts Pa accumulated 26,337 shares. Sumitomo Mitsui Asset Limited owns 43,522 shares for 0.17% of their portfolio. Yacktman Asset Mngmt Limited Partnership holds 0.35% or 141,000 shares. First Natl Company accumulated 3,450 shares or 0.1% of the stock. Tdam Usa Inc reported 0.04% in The Goldman Sachs Group, Inc. (NYSE:GS).

Analysts await Dr Pepper Snapple Group, Inc. (NYSE:DPS) to report earnings on July, 26. They expect $1.48 EPS, up 18.40% or $0.23 from last year’s $1.25 per share. DPS’s profit will be $266.73M for 20.18 P/E if the $1.48 EPS becomes a reality. After $0.98 actual EPS reported by Dr Pepper Snapple Group, Inc. for the previous quarter, Wall Street now forecasts 51.02% EPS growth.

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

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