Goldman Sachs Group (GS) Market Value Declined While Teewinot Capital Advisers Has Cut Position; As Gilead Sciences Com (GILD) Stock Price Rose, Holder Cleararc Capital Lowered by $2.25 Million Its Position

May 25, 2018 - By Darrin Black

Gilead Sciences, Inc. (NASDAQ:GILD) Logo

Cleararc Capital Inc decreased its stake in Gilead Sciences Inc Com (GILD) by 48.8% based on its latest 2017Q4 regulatory filing with the SEC. Cleararc Capital Inc sold 31,698 shares as the company’s stock rose 1.93% while stock markets declined. The institutional investor held 33,255 shares of the health care company at the end of 2017Q4, valued at $2.38 million, down from 64,953 at the end of the previous reported quarter. Cleararc Capital Inc who had been investing in Gilead Sciences Inc Com for a number of months, seems to be less bullish one the $87.81B market cap company. The stock decreased 0.94% or $0.64 during the last trading session, reaching $67.53. About 4.35M shares traded. Gilead Sciences, Inc. (NASDAQ:GILD) has risen 9.79% since May 25, 2017 and is uptrending. It has underperformed by 1.76% the S&P500.

Michael Moriarty decreased its stake in Goldman Sachs Group Inc (GS) by 19.68% based on its latest 2017Q4 regulatory filing with the SEC. Teewinot Capital Advisers Llc sold 4,000 shares as the company’s stock declined 4.52% with the market. The hedge fund run by Michael Moriarty held 16,327 shares of the finance company at the end of 2017Q4, valued at $4.16M, down from 20,327 at the end of the previous reported quarter. Teewinot Capital Advisers Llc who had been investing in Goldman Sachs Group Inc for a number of months, seems to be less bullish one the $89.18B market cap company. The stock decreased 0.72% or $1.71 during the last trading session, reaching $236.1. About 2.31M shares traded. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 9.66% since May 25, 2017 and is uptrending. It has underperformed by 1.89% the S&P500.

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 $1.76B for 12.64 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.

Investors sentiment increased to 0.99 in 2017 Q4. 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. Westpac Bk Corporation owns 71,449 shares. Iat Reinsurance owns 111,500 shares. Landscape Capital Mngmt Ltd Llc owns 2,436 shares. Richard Bernstein Ltd Liability Com holds 0.37% or 32,696 shares in its portfolio. Palisades Hudson Asset Management Ltd Partnership owns 2,523 shares or 0.35% of their US portfolio. Matrix Asset Advisors Ny invested in 1,026 shares or 0.04% of the stock. Ibm Retirement Fund holds 8,673 shares or 0.41% of its portfolio. Arizona State Retirement Systems holds 101,108 shares or 0.25% of its portfolio. Cibc Ww owns 181,822 shares. 6,307 are owned by Joel Isaacson & Limited Co. Massachusetts Fincl Svcs Ma invested 1.3% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Baskin invested 2.14% in The Goldman Sachs Group, Inc. (NYSE:GS). Moreover, Bollard Grp Ltd Liability has 0.18% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 14,760 shares. Cornerstone Advisors Incorporated reported 18,000 shares. Schwab Charles, a California-based fund reported 1.35M shares.

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. The stock has “Sell” rating by Vertical Group on Monday, November 6. The firm has “Hold” rating by BMO Capital Markets given on Tuesday, October 17. The stock has “Hold” rating by Keefe Bruyette & Woods on Tuesday, September 26. The firm has “Neutral” rating given on Tuesday, November 8 by Citigroup. Keefe Bruyette & Woods maintained The Goldman Sachs Group, Inc. (NYSE:GS) rating on Wednesday, January 17. Keefe Bruyette & Woods has “Hold” rating and $260.0 target. BMO Capital Markets maintained the shares of GS in report on Wednesday, April 18 with “Market Perform” rating. The firm has “Buy” rating given on Monday, August 24 by Vetr. BMO Capital Markets maintained the stock with “Hold” rating in Tuesday, July 18 report. On Thursday, March 15 the stock rating was maintained by Morgan Stanley with “Overweight”. Deutsche Bank maintained The Goldman Sachs Group, Inc. (NYSE:GS) on Wednesday, August 12 with “Hold” rating.

Teewinot Capital Advisers Llc, which manages about $260.49M and $237.24 million US Long portfolio, upped its stake in Bank Amer Corp (Call) by 4,000 shares to 7,000 shares, valued at $2.74 million in 2017Q4, according to the filing.

More notable recent The Goldman Sachs Group, Inc. (NYSE:GS) news were published by: 247Wallst.com which released: “6 Most Important Things in Business Today” on May 24, 2018, also Livetradingnews.com with their article: “The Goldman Sachs Group, Inc. (NYSE:GS) Stock Oversold” published on May 21, 2018, Marketwatch.com published: “A 1-day spike in Wall Street’s ‘fear index’ made Goldman $200 million” on May 24, 2018. More interesting news about The Goldman Sachs Group, Inc. (NYSE:GS) were released by: Bizjournals.com and their article: “Banking Roundup: Wells Fargo hit by reports of altered documents… BofA rolls out AI assistant Erica” published on May 23, 2018 as well as Thestreet.com‘s news article titled: “Rumors on TheStreet: Goldman Sachs CEO Hints at a Sales Breakout” with publication date: May 08, 2018.

Since January 18, 2018, it had 0 buys, and 8 insider sales for $22.92 million activity. ROGERS JOHN F.W. sold $1.17 million worth of stock or 4,400 shares. SOLOMON DAVID M sold $854,665 worth of stock. 6,738 shares were sold by LEE BRIAN J, worth $1.78M. SALAME PABLO J sold $2.70 million worth of The Goldman Sachs Group, Inc. (NYSE:GS) on Thursday, February 1. 17,500 The Goldman Sachs Group, Inc. (NYSE:GS) shares with value of $4.40 million were sold by VINIAR DAVID A.

Analysts await Gilead Sciences, Inc. (NASDAQ:GILD) to report earnings on July, 25. They expect $1.43 EPS, down 43.03% or $1.08 from last year’s $2.51 per share. GILD’s profit will be $1.86B for 11.81 P/E if the $1.43 EPS becomes a reality. After $1.37 actual EPS reported by Gilead Sciences, Inc. for the previous quarter, Wall Street now forecasts 4.38% EPS growth.

Since January 2, 2018, it had 0 buys, and 22 insider sales for $44.80 million activity. WILSON GAYLE E sold $4.68M worth of Gilead Sciences, Inc. (NASDAQ:GILD) on Friday, February 9. $434,384 worth of Gilead Sciences, Inc. (NASDAQ:GILD) was sold by Cogan John Francis. 100,000 Gilead Sciences, Inc. (NASDAQ:GILD) shares with value of $8.02 million were sold by Meyers James R. Another trade for 30,000 shares valued at $2.37 million was sold by Alton Gregg H. Another trade for 5,000 shares valued at $401,566 was sold by Washington Robin L.

Cleararc Capital Inc, which manages about $7.05 billion and $736.37M US Long portfolio, upped its stake in Crown Castle Intl Corp (NYSE:CCI) by 9,778 shares to 132,025 shares, valued at $14.66M in 2017Q4, according to the filing. It also increased its holding in Nextera Energy Inc (NYSE:NEE) by 5,012 shares in the quarter, for a total of 40,019 shares, and has risen its stake in Stanley Black & Decker Inc (NYSE:SWK).

Investors sentiment decreased to 0.8 in 2017 Q4. Its down 0.23, from 1.03 in 2017Q3. It dropped, as 95 investors sold GILD shares while 545 reduced holdings. 104 funds opened positions while 411 raised stakes. 972.68 million shares or 1.57% more from 957.62 million shares in 2017Q3 were reported. Panagora Asset Mngmt Inc accumulated 1.04 million shares or 0.28% of the stock. Selway Asset Mngmt holds 0.83% in Gilead Sciences, Inc. (NASDAQ:GILD) or 19,650 shares. Jacobs And Ca reported 0.36% in Gilead Sciences, Inc. (NASDAQ:GILD). Foster And Motley holds 0.1% or 8,471 shares in its portfolio. Ci holds 1.47% or 2.14 million shares. Waverton Invest Limited holds 0.04% or 10,525 shares. Alpha Cubed Lc stated it has 29,967 shares or 0.28% of all its holdings. Ct Mason, a Massachusetts-based fund reported 53,163 shares. Cubic Asset Ltd accumulated 0.64% or 32,275 shares. 1.26 million are held by Amf Pensionsforsakring. Roberts Glore And Co Il stated it has 1.18% in Gilead Sciences, Inc. (NASDAQ:GILD). Wendell David Associates Incorporated invested in 0.43% or 35,168 shares. Axa reported 1.33M shares. 29,497 are owned by Sheets Smith Wealth Mgmt. First Foundation Advsrs invested in 0.26% or 67,006 shares.

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

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