Locust Wood Capital Advisers Holding in Suncor Energy New (SU) Decreased as Stock Declined; As Goldman Sachs Group (GS) Valuation Declined, Shareholder Davis-Rea LTD Has Boosted Position

April 19, 2018 - By Dolores Ford

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

Stephen J. Errico decreased its stake in Suncor Energy Inc New (SU) by 10.51% based on its latest 2017Q4 regulatory filing with the SEC. Locust Wood Capital Advisers Llc sold 151,938 shares as the company’s stock declined 2.02% with the market. The hedge fund run by Stephen J. Errico held 1.29M shares of the integrated oil company at the end of 2017Q4, valued at $47.49M, down from 1.45M at the end of the previous reported quarter. Locust Wood Capital Advisers Llc who had been investing in Suncor Energy Inc New for a number of months, seems to be less bullish one the $60.68 billion market cap company. The stock increased 1.69% or $0.64 during the last trading session, reaching $38.5. About 3.38 million shares traded. Suncor Energy Inc. (NYSE:SU) has risen 13.82% since April 19, 2017 and is uptrending. It has outperformed by 2.27% the S&P500.

Davis-Rea Ltd increased its stake in Goldman Sachs Group (GS) by 30.02% based on its latest 2017Q4 regulatory filing with the SEC. Davis-Rea Ltd bought 4,278 shares as the company’s stock declined 4.52% with the market. The institutional investor held 18,528 shares of the finance company at the end of 2017Q4, valued at $4.72M, up from 14,250 at the end of the previous reported quarter. Davis-Rea Ltd who had been investing in Goldman Sachs Group for a number of months, seems to be bullish on the $96.27 billion market cap company. The stock increased 0.15% or $0.37 during the last trading session, reaching $254. About 4.52 million shares traded or 26.56% up from the average. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 9.66% since April 19, 2017 and is uptrending. It has underperformed by 1.89% the S&P500.

Since October 18, 2017, it had 0 buys, and 7 selling transactions for $22.06 million activity. 17,500 shares were sold by VINIAR DAVID A, worth $4.40M on Thursday, January 18. 4,951 The Goldman Sachs Group, Inc. (NYSE:GS) shares with value of $1.19 million were sold by GNODDE RICHARD J. CHAVEZ R. MARTIN had sold 11,829 shares worth $3.18 million. ROGERS JOHN F.W. sold $1.17M worth of stock or 4,400 shares. On Thursday, February 1 the insider SALAME PABLO J sold $2.70M. LEE BRIAN J also sold $1.78M worth of The Goldman Sachs Group, Inc. (NYSE:GS) on Wednesday, February 21.

Investors sentiment increased to 0.99 in 2017 Q4. Its up 0.24, from 0.75 in 2017Q3. It increased, 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. Pictet North America Sa reported 3,098 shares or 0.12% of all its holdings. Gemmer Asset Ltd Limited Liability Company invested in 315 shares. Ckw Fincl Gp has invested 0.03% in The Goldman Sachs Group, Inc. (NYSE:GS). Neuberger Berman Gru Limited Com reported 0.7% in The Goldman Sachs Group, Inc. (NYSE:GS). Profund Advsrs Limited Liability Company invested 0.19% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Tru Of Toledo Na Oh accumulated 1,815 shares. Finemark Commercial Bank holds 0.02% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS) for 1,224 shares. Financial Bank Of New York Mellon owns 3.35 million shares for 0.22% of their portfolio. Gradient Ltd Liability holds 0% in The Goldman Sachs Group, Inc. (NYSE:GS) or 28 shares. Gamble Jones Counsel reported 2,946 shares. Girard Prtn Ltd accumulated 1,428 shares. 318,770 were reported by Thematic Prtnrs Ltd Limited Liability Company. California-based Weatherly Asset Mgmt LP has invested 0.05% in The Goldman Sachs Group, Inc. (NYSE:GS). 74,080 are owned by Hartford Investment Mgmt Company. Lee Danner And Bass Inc stated it has 5,543 shares or 0.14% of all its holdings.

Among 31 analysts covering Goldman Sachs Group Inc. (NYSE:GS), 15 have Buy rating, 1 Sell and 15 Hold. Therefore 48% are positive. Goldman Sachs Group Inc. had 102 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) has “Overweight” rating given on Monday, October 26 by Morgan Stanley. The company was maintained on Tuesday, January 3 by Barclays Capital. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Hold”. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) has “Buy” rating given on Monday, October 10 by . The firm has “Hold” rating given on Tuesday, January 9 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained The Goldman Sachs Group, Inc. (NYSE:GS) on Tuesday, October 17 with “Hold” rating. The rating was maintained by RBC Capital Markets with “Hold” on Thursday, June 22. The firm has “Overweight” rating given on Tuesday, February 16 by JP Morgan. RBC Capital Markets maintained The Goldman Sachs Group, Inc. (NYSE:GS) on Friday, October 6 with “Hold” rating. BMO Capital Markets maintained The Goldman Sachs Group, Inc. (NYSE:GS) rating on Tuesday, October 17. BMO Capital Markets has “Hold” rating and $217.0 target.

Analysts await Suncor Energy Inc. (NYSE:SU) to report earnings on May, 1 after the close. They expect $0.46 earnings per share, up 24.32% or $0.09 from last year’s $0.37 per share. SU’s profit will be $725.04M for 20.92 P/E if the $0.46 EPS becomes a reality. After $0.62 actual earnings per share reported by Suncor Energy Inc. for the previous quarter, Wall Street now forecasts -25.81% negative EPS growth.

Among 16 analysts covering Suncor Energy Inc. (NYSE:SU), 15 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. Suncor Energy Inc. had 33 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Wells Fargo given on Friday, December 16. The stock has “Overweight” rating by Morgan Stanley on Friday, October 13. TD Securities downgraded the shares of SU in report on Thursday, November 16 to “Hold” rating. The rating was upgraded by National Bank Canada on Friday, October 30 to “Outperform”. The stock of Suncor Energy Inc. (NYSE:SU) earned “Buy” rating by Piper Jaffray on Tuesday, January 23. The stock of Suncor Energy Inc. (NYSE:SU) earned “Overweight” rating by Morgan Stanley on Wednesday, November 2. The stock of Suncor Energy Inc. (NYSE:SU) earned “Neutral” rating by Citigroup on Wednesday, September 16. The firm earned “Buy” rating on Thursday, January 11 by Piper Jaffray. TD Securities upgraded the stock to “Buy” rating in Friday, February 9 report. Bank of America initiated Suncor Energy Inc. (NYSE:SU) on Friday, August 19 with “Buy” rating.

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

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