Goldman Sachs' CEO Pondering Upon Bitcoin

(The) were worth $20,715,000 at the end of the most recent quarter. Everence Cap Mngmt, a Indiana-based fund reported 7,297 shares. Brunswick had 30 analyst reports since September 4, 2015 according to SRatingsIntel. (The) by 22,290.9% in the second quarter. The Obermeyer Wood Investment Counsel Lllp holds 213,544 shares with $47.39 million value, down from 215,968 last quarter. Sumitomo Life Insurance holds 0.28% in Goldman Sachs Group Inc (NYSE:GS) or 9,660 shares. The stock of Goldman Sachs Group Inc (NYSE:GS) has "Outperform" rating given on Tuesday, January 5 by Oppenheimer. Epoch Prtnrs owns 621,063 shares for 0.13% of their portfolio. After having $0.51 EPS previously, Restaurant Brands International Inc's analysts see -3.92% EPS growth. (The) by 10.7% during the first quarter. The investment management company reported $3.95 EPS for the quarter, topping analysts' consensus estimates of $3.39 by $0.56.

Goldman Sachs, the finance giant, is seriously considering official trading options for Bitcoin - the first blue-chip Wall Street firm to do so. (The) during the 2nd quarter valued at approximately $128,000. If you are reading this story on another publication, it was stolen and republished in violation of worldwide copyright legislation.

As analysts monitor volatile markets in recent weeks they have updated their price targets on shares of Goldman Sachs Group, Inc. On Monday, it traded at $4,375. The stock kicked off the session at $235.01 and later approached $237.19 with a change of 0.73%. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Bank of America maintained the stock with "Buy" rating in Monday, February 22 report. The shares were sold at an average price of $231.59, for a total transaction of $754,983.40. The disclosure for this sale can be found here. Insiders sold 25,535 shares of company stock worth $5,956,868 over the last quarter.

What do you think of Goldman Sachs potentially trading Bitcoin for its customers? PPL's profit will be $370.39 million for 17.57 P/E if the $0.54 EPS becomes a reality. Bitcoin's daily trading volume is now about the same as Caterpillar, whose market cap is roughly equivalent to the total value of bitcoin in circulation, and total cryptocurrency trading volume is expected to surpass that of Apple - the most liquid company stock - within the near future.

Goldman Sachs' high profile name would certainly add legitimacy to bitcoin, the reputation of which is less than stellar and characterized by highly volatile swings and its association with criminal activities. (The) (NYSE:GS) last announced its quarterly earnings results on Tuesday, July 18th. JMP Securities reissued a market perform rating on shares of Goldman Sachs Group in a report on Wednesday, April 19th. During the same period in the previous year, the firm earned $3.72 earnings per share. The stock has "Buy" rating by Rafferty on Thursday, November 10. Days to cover decreased from 4.0 to 3.0 and the short interest percentage is 0.00% as of August 31. This represents a $3.00 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend is Tuesday, May 30th. (The)'s dividend payout ratio (DPR) is presently 15.74%.

The revision of the Markets in Financial Instruments Directive, known as MiFID II, is forcing firms to separate the cost of research from trading-related expenses in an attempt to improve returns for asset owners. Wells Fargo & Company assumed coverage on Goldman Sachs Group, Inc. (GS) surprised the stock market in its last reported earnings when it earned $3.95 a piece versus the consensus-estimated $3.4.

10/12/2015 - Goldman Sachs Group, Inc. The stock of Goldman Sachs Group Inc (NYSE:GS) has "Neutral" rating given on Tuesday, November 29 by Instinet. (The) in a report on Wednesday, September 13th. Finally, State Street Corp raised its stake in Goldman Sachs Group by 8.8% in the fourth quarter. As per Friday, July 14, the company rating was maintained by Stifel Nicolaus.

  • Anthony Vega