Okumus Fund Management LTD Holding in Goldman Sachs Group (GS) Decreased by $17.19 Million as Share Value Rose; Permit Capital Has Increased Its Mgic Invt Wis (MTG) Holding by $1.01 Million

The Goldman Sachs Group, Inc. (NYSE:GS) Logo

Permit Capital Llc increased its stake in Mgic Invt Corp Wis (MTG) by 18.79% based on its latest 2019Q1 regulatory filing with the SEC. Permit Capital Llc bought 77,500 shares as the company’s stock declined 11.81% . The hedge fund held 490,000 shares of the property-casualty insurers company at the end of 2019Q1, valued at $6.46 million, up from 412,500 at the end of the previous reported quarter. Permit Capital Llc who had been investing in Mgic Invt Corp Wis for a number of months, seems to be bullish on the $4.31B market cap company. The stock increased 1.42% or $0.17 during the last trading session, reaching $12.18. About 2.15M shares traded. MGIC Investment Corporation (NYSE:MTG) has risen 3.30% since August 16, 2018 and is uptrending. It has outperformed by 3.30% the S&P500. Some Historical MTG News: 08/03/2018 – MGIC FEB. ENDING PRIMARY DELINQUENT INVENTORY DOWN 9.2% Y/Y; 04/05/2018 – MGIC hires Greg Korn, Sales Manager — New England; 10/04/2018 – MGIC INVESTMENT CORP MTG.N : RBC CUTS TO SECTOR PERFORM FROM OUTPERFORM; 18/04/2018 – MGIC Invest 1Q New Insurance Written $10.6 Billion; 08/03/2018 – MGIC Investment Corporation Releases Monthly Operating Statistics; 06/03/2018 MGIC Announces Enhancement to Fiserv Inc.’s PCLender; 18/04/2018 – MGIC Invest 1Q Rev $265.8M; 15/05/2018 – Point72 Asset Management Buys New 1.3% Position in MGIC; 04/04/2018 – MGIC Announces Promotions; 18/04/2018 – MGIC Invest 1Q Book Value Per Share $8.70

Okumus Fund Management Ltd decreased its stake in Goldman Sachs Group Inc (GS) by 11.72% based on its latest 2019Q1 regulatory filing with the SEC. Okumus Fund Management Ltd sold 90,000 shares as the company’s stock rose 7.52% . The hedge fund held 678,207 shares of the finance company at the end of 2019Q1, valued at $130.21M, down from 768,207 at the end of the previous reported quarter. Okumus Fund Management Ltd who had been investing in Goldman Sachs Group Inc for a number of months, seems to be less bullish one the $70.54 billion market cap company. The stock increased 0.32% or $0.62 during the last trading session, reaching $196.18. About 1.97M shares traded. The Goldman Sachs Group, Inc. (NYSE:GS) has declined 7.88% since August 16, 2018 and is downtrending. It has underperformed by 7.88% the S&P500. Some Historical GS News: 08/03/2018 – TabbFORUM: NEWS: Exclusive: Goldman puts some London staff on notice for German move by June – sources (Reuters); 06/03/2018 – After tariff fight loss, Trump economic adviser Cohn quits; 17/04/2018 – Goldman may acquire its way to a bigger consumer bank; 07/05/2018 – Goldman Adds AutoZone And McDonald’s To Its Conviction List — MarketWatch; 29/05/2018 – Techmeme: Source: French mobile freemium game maker Voodoo raises $200M from Goldman Sachs and plans to more than double staff; 07/03/2018 – GOLDMAN IS SAID TO WORK WITH MUBADALA ON $8B PETROBRAS UNIT BID; 03/04/2018 – Equity International, Goldman Sachs Merchant Banking Division and Centaurus Capital Close Single Largest Real Estate Investment; 16/04/2018 – Fed speakers and earnings from Goldman Sachs and others could influence Tuesday’s market; 30/05/2018 – Goldman’s Ex-Brazil Chief Leme Jumps to Young Hedge Fund Vinland; 24/05/2018 – Incyte at Goldman Sachs Global Health Care Conference Jun 12

Since August 5, 2019, it had 1 buying transaction, and 0 sales for $61,450 activity.

Investors sentiment decreased to 0.91 in Q1 2019. Its down 0.08, from 0.99 in 2018Q4. It fall, as 26 investors sold MTG shares while 93 reduced holdings. 31 funds opened positions while 77 raised stakes. 304.47 million shares or 1.28% less from 308.41 million shares in 2018Q4 were reported. Goldman Sachs Gru reported 7.47M shares or 0.03% of all its holdings. Brandywine Global Inv Mngmt Ltd Liability Corp holds 0.08% or 893,129 shares in its portfolio. Meeder Asset Mngmt Inc invested 0.03% of its portfolio in MGIC Investment Corporation (NYSE:MTG). Vanguard Grp invested in 35.59M shares or 0.02% of the stock. Sumitomo Mitsui Asset Management owns 0.03% invested in MGIC Investment Corporation (NYSE:MTG) for 118,052 shares. Northern Trust Corp has 0.02% invested in MGIC Investment Corporation (NYSE:MTG). Prudential reported 0.06% in MGIC Investment Corporation (NYSE:MTG). The Connecticut-based Cubist Systematic Strategies Ltd Limited Liability Company has invested 0.01% in MGIC Investment Corporation (NYSE:MTG). Great West Life Assurance Communications Can invested in 0% or 47,413 shares. Lazard Asset Mngmt Llc has invested 0% in MGIC Investment Corporation (NYSE:MTG). Ameritas Invest Prtn Inc has 29,287 shares. Hsbc Public Ltd Liability Corp holds 0% or 141,379 shares in its portfolio. Loomis Sayles Communications LP has 1,953 shares. State Of Alaska Department Of Revenue accumulated 22,374 shares. Jane Street Grp Lc holds 15,705 shares or 0% of its portfolio.

More notable recent MGIC Investment Corporation (NYSE:MTG) news were published by: Seekingalpha.com which released: “MGIC Investment Q2 2019 Earnings Preview – Seeking Alpha” on July 22, 2019, also Finance.Yahoo.com with their article: “If You Had Bought MGIC Investment (NYSE:MTG) Shares Three Years Ago You’d Have Made 86% – Yahoo Finance” published on July 22, 2019, Seekingalpha.com published: “BTIG sees private mortgage insurers attractively valued – Seeking Alpha” on April 22, 2019. More interesting news about MGIC Investment Corporation (NYSE:MTG) were released by: Finance.Yahoo.com and their article: “Were Hedge Funds Right About Flocking Into MGIC Investment Corporation (MTG) ? – Yahoo Finance” published on April 26, 2019 as well as Seekingalpha.com‘s news article titled: “MGIC’s Q2 Is Excellent. The Stock Remains Cheap, Even To Liquidation Value – Seeking Alpha” with publication date: July 24, 2019.

Analysts await The Goldman Sachs Group, Inc. (NYSE:GS) to report earnings on October, 15. They expect $5.54 earnings per share, down 11.78% or $0.74 from last year’s $6.28 per share. GS’s profit will be $1.99 billion for 8.85 P/E if the $5.54 EPS becomes a reality. After $5.81 actual earnings per share reported by The Goldman Sachs Group, Inc. for the previous quarter, Wall Street now forecasts -4.65% negative EPS growth.

More notable recent The Goldman Sachs Group, Inc. (NYSE:GS) news were published by: Benzinga.com which released: “Apple, Goldman Sachs To Launch Credit Card In August – Benzinga” on August 02, 2019, also Finance.Yahoo.com with their article: “Is The Goldman Sachs Group, Inc. (NYSE:GS) A Smart Pick For Income Investors? – Yahoo Finance” published on June 15, 2019, Streetinsider.com published: “Revlon taps Goldman to explore strategic options: Bloomberg – StreetInsider.com” on August 15, 2019. More interesting news about The Goldman Sachs Group, Inc. (NYSE:GS) were released by: Marketwatch.com and their article: “Bank stocks sink as yield curve inverts, with Bank of America, Citigroup and Regions leading the losers – MarketWatch” published on August 14, 2019 as well as Finance.Yahoo.com‘s news article titled: “Ray Dalio Is Still Bullish on China – Yahoo Finance” with publication date: August 15, 2019.

Okumus Fund Management Ltd, which manages about $447.95 million US Long portfolio, upped its stake in Realogy Hldgs Corp (NYSE:RLGY) by 569,728 shares to 8.19M shares, valued at $93.39M in 2019Q1, according to the filing.

Investors sentiment increased to 0.97 in 2019 Q1. Its up 0.31, from 0.66 in 2018Q4. It improved, as 54 investors sold GS shares while 358 reduced holdings. 112 funds opened positions while 288 raised stakes. 242.16 million shares or 7.41% less from 261.53 million shares in 2018Q4 were reported. Tarbox Family Office Inc owns 0.01% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 158 shares. Barclays Public Limited Company, a United Kingdom-based fund reported 750,153 shares. Hollencrest Cap reported 0.05% in The Goldman Sachs Group, Inc. (NYSE:GS). Jpmorgan Chase holds 0.05% or 1.36 million shares. 22,672 were reported by Dowling & Yahnke. Shapiro Mngmt Limited Company owns 6,200 shares. Seizert Prns Limited Liability stated it has 173,255 shares. Two Sigma Limited Liability Company holds 5,554 shares. Motco owns 60 shares. Cullinan Associate invested 0.19% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Blue Financial Inc reported 1,141 shares. Hl Fin Services Limited Company stated it has 0.02% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Jane Street Group Inc Inc Ltd invested 0.07% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Carnegie Cap Asset Mngmt Limited Liability Corporation reported 0.09% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Loring Wolcott Coolidge Fiduciary Advsrs Llp Ma accumulated 170 shares.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.