Te Connectivity LTD (TEL) Share Value Rose While Teacher Retirement System Of Texas Has Trimmed Its Position; Goldman Sachs Group (GS) Stock Declined While Lpl Financial Has Decreased Stake by $3.28 Million

May 21, 2018 - By Kurt Siggers

TE Connectivity Ltd. (NYSE:TEL) Logo

Teacher Retirement System Of Texas decreased its stake in Te Connectivity Ltd (TEL) by 32.22% based on its latest 2017Q4 regulatory filing with the SEC. Teacher Retirement System Of Texas sold 62,653 shares as the company’s stock rose 3.00% while stock markets declined. The institutional investor held 131,806 shares of the electronic components company at the end of 2017Q4, valued at $12.53M, down from 194,459 at the end of the previous reported quarter. Teacher Retirement System Of Texas who had been investing in Te Connectivity Ltd for a number of months, seems to be less bullish one the $33.69B market cap company. The stock increased 1.12% or $1.07 during the last trading session, reaching $96.23. About 523,043 shares traded. TE Connectivity Ltd. (NYSE:TEL) has risen 31.35% since May 21, 2017 and is uptrending. It has outperformed by 19.80% the S&P500.

Lpl Financial Llc decreased its stake in Goldman Sachs Group Inc (GS) by 16.8% based on its latest 2017Q4 regulatory filing with the SEC. Lpl Financial Llc sold 12,909 shares as the company’s stock declined 4.52% with the market. The institutional investor held 63,913 shares of the finance company at the end of 2017Q4, valued at $16.28M, down from 76,822 at the end of the previous reported quarter. Lpl Financial Llc who had been investing in Goldman Sachs Group Inc for a number of months, seems to be less bullish one the $90.08B market cap company. The stock increased 0.63% or $1.5 during the last trading session, reaching $238.5. About 901,634 shares traded. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 9.66% since May 21, 2017 and is uptrending. It has underperformed by 1.89% the S&P500.

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. Barclays Capital maintained the shares of GS in report on Thursday, January 18 with “Hold” rating. The rating was upgraded by Deutsche Bank to “Buy” on Wednesday, November 30. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) earned “Hold” rating by BMO Capital Markets on Wednesday, January 17. The company was downgraded on Monday, November 6 by Vertical Group. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) has “Sector Perform” rating given on Wednesday, July 20 by RBC Capital Markets. Keefe Bruyette & Woods maintained the shares of GS in report on Wednesday, June 7 with “Buy” rating. The firm has “Overweight” rating given on Friday, February 2 by Morgan Stanley. RBC Capital Markets maintained The Goldman Sachs Group, Inc. (NYSE:GS) rating on Monday, November 13. RBC Capital Markets has “Hold” rating and $240.0 target. Rafferty downgraded The Goldman Sachs Group, Inc. (NYSE:GS) on Wednesday, April 19 to “Hold” rating. Buckingham Research maintained The Goldman Sachs Group, Inc. (NYSE:GS) rating on Wednesday, April 18. Buckingham Research has “Neutral” rating and $292 target.

Since January 18, 2018, it had 0 insider purchases, and 8 insider sales for $22.92 million activity. $1.17 million worth of The Goldman Sachs Group, Inc. (NYSE:GS) shares were sold by ROGERS JOHN F.W.. The insider CHAVEZ R. MARTIN sold 11,829 shares worth $3.07 million. VINIAR DAVID A sold $4.40M worth of stock or 17,500 shares. Shares for $2.70 million were sold by SALAME PABLO J. LEE BRIAN J sold $1.78 million worth of stock or 6,738 shares.

Investors sentiment increased to 0.99 in Q4 2017. 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. Loews Corporation reported 0% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). City holds 677 shares or 0.05% of its portfolio. Moreover, Syntal Capital Partners Lc has 0.08% invested in The Goldman Sachs Group, Inc. (NYSE:GS). Mathes holds 1.29% or 11,040 shares. Alliancebernstein Limited Partnership reported 2.48M shares. Weatherly Asset Management Lp holds 0.05% in The Goldman Sachs Group, Inc. (NYSE:GS) or 803 shares. Drw holds 0.13% or 4,920 shares in its portfolio. Nelson Van Denburg And Campbell Wealth Gru Lc holds 7,925 shares or 0.45% of its portfolio. Moreover, Bradley Foster & Sargent Incorporated Ct has 0.01% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 1,605 shares. 2,652 are held by Avalon Limited Liability Company. Outfitter Ltd reported 2,130 shares. Robeco Institutional Asset Mngmt Bv invested in 96,991 shares. Aspen Invest has invested 0.54% in The Goldman Sachs Group, Inc. (NYSE:GS). Company Natl Bank stated it has 53,371 shares. Dubuque Natl Bank & Tru, Iowa-based fund reported 1,795 shares.

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 12.77 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.

Lpl Financial Llc, which manages about $32.86 billion US Long portfolio, upped its stake in Jd Com Inc (NASDAQ:JD) by 14,709 shares to 20,838 shares, valued at $863,000 in 2017Q4, according to the filing. It also increased its holding in Waste Mgmt Inc Del (NYSE:WM) by 52,585 shares in the quarter, for a total of 261,720 shares, and has risen its stake in Anadarko Pete Corp (NYSE:APC).

More notable recent The Goldman Sachs Group, Inc. (NYSE:GS) news were published by: Seekingalpha.com which released: “Are We In A Buyback Bubble?” on May 21, 2018, also Streetinsider.com with their article: “IHS Markit (INFO) Announces Acquisition of Ipreo from Blackstone (BX) and Goldman Sachs Merchant Banking …” published on May 21, 2018, Seekingalpha.com published: “Goldman hires cryptocurrency head” on April 23, 2018. More interesting news about The Goldman Sachs Group, Inc. (NYSE:GS) were released by: Livetradingnews.com and their article: “The Goldman Sachs Group, Inc. (NYSE:GS) Remains Under Pressure” published on April 26, 2018 as well as 247Wallst.com‘s news article titled: “Why Goldman Sachs and Apple Will Launch a New Credit Card” with publication date: May 11, 2018.

Since January 29, 2018, it had 0 insider buys, and 5 insider sales for $35.35 million activity. $14.85 million worth of TE Connectivity Ltd. (NYSE:TEL) was sold by CURTIN TERRENCE R on Monday, January 29. $3.78 million worth of TE Connectivity Ltd. (NYSE:TEL) shares were sold by Jenkins John S. Another trade for 10,684 shares valued at $1.10M was sold by MERKT STEVEN T.

Teacher Retirement System Of Texas, which manages about $15.05 billion US Long portfolio, upped its stake in Finisar Corp (NASDAQ:FNSR) by 28,967 shares to 38,160 shares, valued at $777,000 in 2017Q4, according to the filing. It also increased its holding in Pitney Bowes Inc (NYSE:PBI) by 48,501 shares in the quarter, for a total of 63,941 shares, and has risen its stake in Firstenergy Corp (NYSE:FE).

Investors sentiment increased to 1.02 in Q4 2017. Its up 0.02, from 1 in 2017Q3. It increased, as 34 investors sold TEL shares while 210 reduced holdings. 83 funds opened positions while 167 raised stakes. 303.06 million shares or 2.83% less from 311.89 million shares in 2017Q3 were reported. Evercore Wealth Mgmt Lc stated it has 965 shares. Amp Investors Limited invested 0.1% in TE Connectivity Ltd. (NYSE:TEL). Plante Moran Advisors Ltd, a Michigan-based fund reported 625 shares. Amg Funds Ltd Liability Corp stated it has 0.88% of its portfolio in TE Connectivity Ltd. (NYSE:TEL). Ledyard Bankshares invested in 0% or 259 shares. Dana Incorporated stated it has 1.31% of its portfolio in TE Connectivity Ltd. (NYSE:TEL). 170 were reported by Mckinley Cap Ltd Liability Delaware. Bokf Na holds 21,965 shares or 0.06% of its portfolio. Arizona State Retirement invested 0.12% of its portfolio in TE Connectivity Ltd. (NYSE:TEL). Catalyst Cap Ltd Liability Corp holds 3,750 shares or 0.01% of its portfolio. Virginia Retirement Et Al reported 0.2% stake. Tiverton Asset Management Limited invested in 4,388 shares. Visionary Asset Management invested in 0.07% or 2,673 shares. Balasa Dinverno Foltz Ltd Llc invested 0.05% of its portfolio in TE Connectivity Ltd. (NYSE:TEL). Ent Services Corporation invested in 0.01% or 128 shares.

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

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