Tukman Grossman Capital Management Cut Goldman Sachs Group (GS) Holding By $17.11 Million; Tiedemann Wealth Management Has Lifted By $2.04 Million Its Magellan Midstream Prtnrs LP (MMP) Stake

Tukman Grossman Capital Management Inc decreased Goldman Sachs Group Inc (GS) stake by 59.8% reported in 2017Q3 SEC filing. Tukman Grossman Capital Management Inc sold 72,200 shares as Goldman Sachs Group Inc (GS)’s stock declined 13.97%. The Tukman Grossman Capital Management Inc holds 48,539 shares with $11.51M value, down from 120,739 last quarter. Goldman Sachs Group Inc now has $102.47 billion valuation. The stock increased 0.96% or $2.61 during the last trading session, reaching $273.38. About 3.07M shares traded. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 39.23% since March 13, 2017 and is uptrending. It has outperformed by 22.53% the S&P500.

Tiedemann Wealth Management Llc increased Magellan Midstream Prtnrs Lp (MMP) stake by 9.67% reported in 2017Q3 SEC filing. Tiedemann Wealth Management Llc acquired 29,090 shares as Magellan Midstream Prtnrs Lp (MMP)’s stock declined 7.68%. The Tiedemann Wealth Management Llc holds 330,069 shares with $23.41 million value, up from 300,979 last quarter. Magellan Midstream Prtnrs Lp now has $14.69 billion valuation. The stock increased 1.69% or $1.07 during the last trading session, reaching $64.36. About 553,688 shares traded. Magellan Midstream Partners, L.P. (NYSE:MMP) has risen 3.55% since March 13, 2017 and is uptrending. It has underperformed by 13.15% 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. has $320 highest and $140 lowest target. $247.61’s average target is -9.43% below currents $273.38 stock price. Goldman Sachs Group Inc. had 97 analyst reports since July 21, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained The Goldman Sachs Group, Inc. (NYSE:GS) rating on Tuesday, October 17. Keefe Bruyette & Woods has “Hold” rating and $240.0 target. BMO Capital Markets maintained The Goldman Sachs Group, Inc. (NYSE:GS) on Tuesday, October 17 with “Hold” rating. BMO Capital Markets maintained it with “Hold” rating and $202.0 target in Friday, October 6 report. The stock has “Hold” rating by Deutsche Bank on Wednesday, August 12. On Thursday, August 10 the stock rating was maintained by Wells Fargo with “Outperform”. The firm has “Buy” rating given on Monday, August 24 by Vetr. Instinet downgraded the shares of GS in report on Tuesday, November 29 to “Neutral” rating. As per Wednesday, April 19, the company rating was upgraded by Citigroup. As per Tuesday, July 18, the company rating was maintained by Oppenheimer. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) earned “Sell” rating by Berenberg on Friday, February 24.

Analysts await The Goldman Sachs Group, Inc. (NYSE:GS) to report earnings on April, 17. They expect $5.41 earnings per share, up 5.05% or $0.26 from last year’s $5.15 per share. GS’s profit will be $2.03B for 12.63 P/E if the $5.41 EPS becomes a reality. After $5.68 actual earnings per share reported by The Goldman Sachs Group, Inc. for the previous quarter, Wall Street now forecasts -4.75% negative EPS growth.

Since October 18, 2017, it had 0 insider purchases, and 10 selling transactions for $31.19 million activity. $4.40M worth of The Goldman Sachs Group, Inc. (NYSE:GS) was sold by VINIAR DAVID A on Thursday, January 18. 10,000 shares were sold by SALAME PABLO J, worth $2.70M. CHAVEZ R. MARTIN sold 11,829 shares worth $3.07 million. 25,000 shares were sold by SCHWARTZ HARVEY M, worth $6.13 million. Shares for $1.78 million were sold by LEE BRIAN J on Wednesday, February 21. GNODDE RICHARD J sold 4,951 shares worth $1.19M. $1.17M worth of The Goldman Sachs Group, Inc. (NYSE:GS) was sold by ROGERS JOHN F.W..

Investors sentiment increased to 0.99 in 2017 Q3. Its up 0.24, from 0.75 in 2017Q2. It improved, 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. 3,341 were accumulated by Leisure Mngmt. South State holds 0.9% or 33,906 shares in its portfolio. Fort Washington Advisors Oh reported 397,898 shares stake. Deutsche Bancorporation Ag has 1.17 million shares for 0.19% of their portfolio. Centurylink Inv Mgmt accumulated 11,274 shares. Proshare Advsr reported 0.38% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Envestnet Asset Mgmt reported 49,861 shares stake. American Company Tx holds 0.74% in The Goldman Sachs Group, Inc. (NYSE:GS) or 58,900 shares. The New York-based Greenhaven Assoc Incorporated has invested 13.19% in The Goldman Sachs Group, Inc. (NYSE:GS). Jarislowsky Fraser owns 900 shares or 0% of their US portfolio. Prudential Fin has invested 0.25% in The Goldman Sachs Group, Inc. (NYSE:GS). Bokf Na, Oklahoma-based fund reported 43,425 shares. 10,000 are held by Maltese Mngmt Ltd Liability. Baxter Bros owns 19,487 shares. Violich Cap Management has 0.07% invested in The Goldman Sachs Group, Inc. (NYSE:GS).

Since September 14, 2017, it had 0 buys, and 1 insider sale for $1.51 million activity. MEARS MICHAEL N had sold 22,251 shares worth $1.51 million. 5,000 shares were sold by Selvidge Jeff R, worth $353,200.

Among 23 analysts covering Magellan Midstream Partners L.P. (NYSE:MMP), 12 have Buy rating, 3 Sell and 8 Hold. Therefore 52% are positive. Magellan Midstream Partners L.P. has $91 highest and $61 lowest target. $75.56’s average target is 17.40% above currents $64.36 stock price. Magellan Midstream Partners L.P. had 60 analyst reports since August 7, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Hold” rating in Sunday, November 5 report. RBC Capital Markets maintained Magellan Midstream Partners, L.P. (NYSE:MMP) rating on Wednesday, November 4. RBC Capital Markets has “Outperform” rating and $82 target. The rating was maintained by Citigroup on Friday, August 7 with “Buy”. The stock of Magellan Midstream Partners, L.P. (NYSE:MMP) earned “Underperform” rating by Mizuho on Monday, July 10. The rating was initiated by Ladenburg Thalmann with “Buy” on Wednesday, July 13. The firm has “Buy” rating by UBS given on Friday, March 2. Morgan Stanley initiated Magellan Midstream Partners, L.P. (NYSE:MMP) on Thursday, February 25 with “Equal-Weight” rating. The rating was maintained by Stifel Nicolaus on Thursday, September 7 with “Hold”. On Monday, August 10 the stock rating was maintained by Argus Research with “Buy”. RBC Capital Markets maintained the stock with “Hold” rating in Sunday, October 1 report.

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