Moors & Cabot Inc., Alpine Woods Capital Investors LLC, Impact Capital Partners LLC and several other investment firms increased their stakes in
The Goldman Sachs Group, Inc. (GS). On the other hand,
Sienna Gestion, Hilton Capital Management LLC, Amundi, and Pzena Investment Management LLC among others reduced their shares from the firm. A potential sale is being explored by Goldman Sachs for their
Apple Card Partnership which led to a 6% dip. Exceptional options activity was noted within the firm. Financial forecaster
Morgan Stanley targets a new price for GS at
$659.00. Goldman is also acknowledged as one of the
best performing Dow stocks and deemed as ‘Incredible’ by Jim Cramer.
Raymond James Financial Inc. significantly bought 1,091,202 shares. Dealing with internal changes,
Steve Barry is retiring after 26 years with GS. It’s reported that Goldman Sachs delivered
stellar returns of 224% over the last 5 years. The firm announced a
dividend of $3.00. In contrast to the positive outlook, GS reduced its S&P 500 year-end target due to stock market concerns. Meanwhile, they are aiming for a
3% to 5% staff reduction despite exceeding the quarterly earnings expectations.
Goldman Sachs Group GS News Analytics from Fri, 20 Dec 2024 08:00:00 GMT to Sat, 15 Mar 2025 23:19:22 GMT -
Rating 3
- Innovation -4
- Information 6
- Rumor -3