Grand Jean Capital Management Cut By $2.00 Million Its Goldman Sachs Group (GS) Stake, Interactive Brokers Group (IBKR)’s Sentiment Is 1.12

June 19, 2017 - By Migdalia James

Interactive Brokers Group, Inc. is a holding company. The company has market cap of $14.94 billion. The Firm is an automated global electronic broker and market maker specializing in routing orders, and executing and processing trades in securities, futures, foreign exchange instruments, bonds and mutual funds on over 120 electronic exchanges and market centers around the world and offering custody, prime brokerage, securities and margin lending services to customers. It has a 33.36 P/E ratio. It operates in two divisions: electronic brokerage and market making.

Grand Jean Capital Management Inc decreased Goldman Sachs Group (GS) stake by 17.42% reported in 2016Q4 SEC filing. Grand Jean Capital Management Inc sold 8,365 shares as Goldman Sachs Group (GS)’s stock declined 13.97%. The Grand Jean Capital Management Inc holds 39,653 shares with $9.50 million value, down from 48,018 last quarter. Goldman Sachs Group now has $88.51 billion valuation. The stock rose 2.02% or $4.49 reaching $226.3. About 1.45M shares traded. Goldman Sachs Group Inc (NYSE:GS) has risen 39.23% since June 19, 2016 and is uptrending. It has outperformed by 22.53% the S&P500.

About 138,770 shares traded. Interactive Brokers Group, Inc. (IBKR) has declined 4.87% since June 19, 2016 and is downtrending. It has underperformed by 21.57% the S&P500.

Analysts await Interactive Brokers Group, Inc. (NASDAQ:IBKR) to report earnings on July, 18. They expect $0.31 earnings per share, down 22.50% or $0.09 from last year’s $0.4 per share. IBKR’s profit will be $125.82 million for 29.69 P/E if the $0.31 EPS becomes a reality. After $0.34 actual earnings per share reported by Interactive Brokers Group, Inc. for the previous quarter, Wall Street now forecasts -8.82% negative EPS growth.

Ancient Art L.P. holds 18.53% of its portfolio in Interactive Brokers Group, Inc. for 3.30 million shares. Arlington Value Capital Llc owns 1.86 million shares or 9.35% of their US portfolio. Moreover, Bares Capital Management Inc. has 7.01% invested in the company for 3.23 million shares. The New York-based Kylin Management Llc has invested 6.69% in the stock. Crestwood Capital Management L.P., a New York-based fund reported 411,950 shares.

Investors sentiment increased to 0.88 in Q4 2016. Its up 0.02, from 0.86 in 2016Q3. It improved, as 65 investors sold GS shares while 424 reduced holdings. 168 funds opened positions while 262 raised stakes. 287.95 million shares or 5.61% more from 272.65 million shares in 2016Q3 were reported. Fort Washington Advsrs Incorporated Oh invested in 1.57% or 392,112 shares. High Pointe Mngmt Ltd Liability Company stated it has 6,030 shares. 4,200 were accumulated by Intact Mgmt. Caldwell And Orkin Inc invested in 0.2% or 1,300 shares. Janus Cap Ltd Co stated it has 0.21% of its portfolio in Goldman Sachs Group Inc (NYSE:GS). Old National State Bank In invested in 1.13% or 82,124 shares. Ubs Asset Mngmt Americas Inc stated it has 0.29% of its portfolio in Goldman Sachs Group Inc (NYSE:GS). Transamerica Fincl Advsr Inc accumulated 5 shares or 0% of the stock. The Massachusetts-based Anchor Advsrs Limited Co has invested 0.08% in Goldman Sachs Group Inc (NYSE:GS). Allianz Asset Mgmt Ag has invested 0.07% of its portfolio in Goldman Sachs Group Inc (NYSE:GS). 636,356 are held by Rhumbline Advisers. Monetary Mgmt Grp owns 0.12% invested in Goldman Sachs Group Inc (NYSE:GS) for 1,085 shares. Pax World Ltd, a New Hampshire-based fund reported 83,601 shares. Suvretta Capital Mgmt Ltd Com holds 336,605 shares or 2.09% of its portfolio. Guernsey-based Bluecrest Cap Limited has invested 0.02% in Goldman Sachs Group Inc (NYSE:GS).

Among 26 analysts covering Goldman Sachs Group Inc. (NYSE:GS), 15 have Buy rating, 1 Sell and 10 Hold. Therefore 58% are positive. Goldman Sachs Group Inc. had 60 analyst reports since July 21, 2015 according to SRatingsIntel. Oppenheimer maintained the shares of GS in report on Friday, January 29 with “Outperform” rating. Sandler O’Neill upgraded the stock to “Buy” rating in Monday, October 12 report. As per Tuesday, November 29, the company rating was upgraded by Keefe Bruyette & Woods. The company was initiated on Wednesday, July 13 by Berenberg. UBS maintained Goldman Sachs Group Inc (NYSE:GS) on Friday, October 16 with “Neutral” rating. The rating was upgraded by Nomura to “Buy” on Monday, January 25. The stock has “Buy” rating by UBS on Friday, February 5. On Wednesday, April 19 the stock rating was downgraded by Rafferty to “Hold”. The rating was maintained by Rafferty with “Buy” on Thursday, November 10. The stock of Goldman Sachs Group Inc (NYSE:GS) has “Buy” rating given on Wednesday, November 30 by Deutsche Bank.

Analysts await Goldman Sachs Group Inc (NYSE:GS) to report earnings on July, 18. They expect $3.98 EPS, up 6.99% or $0.26 from last year’s $3.72 per share. GS’s profit will be $1.56B for 14.21 P/E if the $3.98 EPS becomes a reality. After $5.15 actual EPS reported by Goldman Sachs Group Inc for the previous quarter, Wall Street now forecasts -22.72% negative EPS growth.

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