Factory Mutual Insurance Company Has Trimmed Its Goldman Sachs Group (GS) Holding; Dime Community Bancshares (DCOM) Sellers Increased By 14.26% Their Shorts

May 25, 2018 - By Peter Mason

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

Dime Community Bancshares Inc (NASDAQ:DCOM) had an increase of 14.26% in short interest. DCOM’s SI was 1.13M shares in May as released by FINRA. Its up 14.26% from 984,700 shares previously. With 195,000 avg volume, 6 days are for Dime Community Bancshares Inc (NASDAQ:DCOM)’s short sellers to cover DCOM’s short positions. The SI to Dime Community Bancshares Inc’s float is 3.59%. The stock decreased 0.49% or $0.1 during the last trading session, reaching $20.15. About 98,786 shares traded. Dime Community Bancshares, Inc. (NASDAQ:DCOM) has declined 6.58% since May 25, 2017 and is downtrending. It has underperformed by 18.13% the S&P500.

Factory Mutual Insurance Company decreased Goldman Sachs Group Inc (GS) stake by 6.23% reported in 2017Q4 SEC filing. Factory Mutual Insurance Company sold 23,300 shares as Goldman Sachs Group Inc (GS)’s stock declined 4.52%. The Factory Mutual Insurance Company holds 350,700 shares with $89.34M value, down from 374,000 last quarter. Goldman Sachs Group Inc now has $89.18 billion valuation. The stock decreased 0.72% or $1.71 during the last trading session, reaching $236.1. About 2.31 million shares traded. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 9.66% since May 25, 2017 and is uptrending. It has underperformed by 1.89% the S&P500.

Investors sentiment increased to 1.2 in 2017 Q4. Its up 0.39, from 0.81 in 2017Q3. It increased, as 11 investors sold Dime Community Bancshares, Inc. shares while 38 reduced holdings. 15 funds opened positions while 44 raised stakes. 24.03 million shares or 1.57% less from 24.42 million shares in 2017Q3 were reported. 254,489 are owned by Phocas Corporation. Teachers Retirement Of The State Of Kentucky, a Kentucky-based fund reported 9,500 shares. Mutual Of America Cap Mgmt Ltd Liability Corp, New York-based fund reported 233,709 shares. Envestnet Asset Mgmt Inc reported 74 shares. Sector Pension Board holds 0% or 19,647 shares. Barclays Pcl has invested 0% in Dime Community Bancshares, Inc. (NASDAQ:DCOM). Dimensional Fund Advsrs Lp invested in 0.03% or 3.04M shares. Thrivent Fin For Lutherans, a Minnesota-based fund reported 19,040 shares. Us Savings Bank De reported 0% of its portfolio in Dime Community Bancshares, Inc. (NASDAQ:DCOM). Moreover, California State Teachers Retirement has 0% invested in Dime Community Bancshares, Inc. (NASDAQ:DCOM) for 49,938 shares. Geode Management Limited Co reported 289,175 shares. Comerica Natl Bank stated it has 31,540 shares or 0% of all its holdings. Moreover, Ulysses Lc has 0.27% invested in Dime Community Bancshares, Inc. (NASDAQ:DCOM). Teacher Retirement System Of Texas reported 10,886 shares stake. Hotchkis And Wiley Capital Management holds 0.01% or 79,576 shares in its portfolio.

Among 6 analysts covering Dime Community Bancshares (NASDAQ:DCOM), 1 have Buy rating, 1 Sell and 4 Hold. Therefore 17% are positive. Dime Community Bancshares had 23 analyst reports since July 29, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the shares of DCOM in report on Tuesday, October 3 with “Hold” rating. On Tuesday, May 9 the stock rating was upgraded by PiperJaffray to “Overweight”. The rating was downgraded by Barclays Capital to “Underweight” on Tuesday, December 6. The firm has “Hold” rating by Piper Jaffray given on Tuesday, February 6. The firm earned “Hold” rating on Thursday, December 21 by Keefe Bruyette & Woods. The rating was maintained by Keefe Bruyette & Woods on Tuesday, January 9 with “Hold”. The rating was initiated by Piper Jaffray with “Neutral” on Wednesday, September 16. The firm earned “Neutral” rating on Friday, November 3 by PiperJaffray. The firm has “Neutral” rating by Piper Jaffray given on Friday, June 3. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Tuesday, January 30 report.

Since January 31, 2018, it had 4 insider purchases, and 7 selling transactions for $953,554 activity. 10,000 shares valued at $192,058 were sold by COHN STEVEN D on Friday, February 2. Another trade for 13,601 shares valued at $268,560 was sold by DEVINE MICHAEL P. 1,306 Dime Community Bancshares, Inc. (NASDAQ:DCOM) shares with value of $25,637 were sold by Rizzo James L.. $9,245 worth of Dime Community Bancshares, Inc. (NASDAQ:DCOM) shares were bought by STEIN KEVIN. On Thursday, May 10 the insider Williams Omer SJ sold $192,815. Another trade for 2,300 shares valued at $44,275 was made by Lubow Stuart H on Thursday, February 1. MAHON KENNETH J sold $182,607 worth of stock or 9,475 shares.

Dime Community Bancshares, Inc. operates as the unitary savings bank holding firm for Dime Community Bank that provides financial services and loans for housing in New York. The company has market cap of $757.06 million. It accepts deposit products, such as savings, money market, and interest bearing and non-interest bearing checking accounts, as well as certificates of deposit. It has a 14.6 P/E ratio. The firm also offers multifamily residential and commercial real estate loans; small investment property loans; one- to four-family residential and condominium/cooperative apartment loans; home equity and improvement loans; equity lines of credit on multifamily residential and commercial real estate loans; and commercial and industrial loans, including acquisition, land development and construction loans, finance loans and leases, and small business administration loans.

Another recent and important Dime Community Bancshares, Inc. (NASDAQ:DCOM) news was published by Nasdaq.com which published an article titled: “Dime Community Bancshares, Inc. Increases Quarterly Earnings Per Share by 30% on a Year-Over-Year Basis” on April 26, 2018.

Since January 18, 2018, it had 0 insider purchases, and 8 insider sales for $22.92 million activity. $1.17 million worth of stock was sold by ROGERS JOHN F.W. on Friday, February 23. $2.70 million worth of The Goldman Sachs Group, Inc. (NYSE:GS) was sold by SALAME PABLO J on Thursday, February 1. 6,738 shares were sold by LEE BRIAN J, worth $1.78M on Wednesday, February 21. 11,829 shares were sold by CHAVEZ R. MARTIN, worth $3.18 million. SOLOMON DAVID M had sold 3,497 shares worth $854,665. VINIAR DAVID A sold $4.40M worth of stock.

Factory Mutual Insurance Company increased Intel Corp (NASDAQ:INTC) stake by 33,000 shares to 836,300 valued at $38.60 million in 2017Q4. It also upped Blackstone Group LP (NYSE:BX) stake by 60,000 shares and now owns 1.86 million shares. Dowdupont Inc was raised too.

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 $1.76 billion for 12.64 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.

Investors sentiment increased to 0.99 in 2017 Q4. 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. Moreover, Advisory Lc has 0.14% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 6,388 shares. Geller Family Office Svcs Limited Liability Corporation holds 950 shares. Waldron LP invested in 799 shares or 0.05% of the stock. Jpmorgan Chase stated it has 2.62M shares. Legacy Private Tru holds 0.04% or 1,209 shares in its portfolio. Atlantic invested in 13,876 shares. Elkhorn Prns Partnership invested in 1.13% or 7,000 shares. Fulton Retail Bank Na has 8,210 shares for 0.15% of their portfolio. Numeric Investors Limited Liability Com has 884,822 shares for 1.64% of their portfolio. Fayez Sarofim And reported 0% stake. Bremer National Association has invested 0.58% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). 20,643 are owned by Oakwood Cap Management Limited Liability Company Ca. Principal Finance Gp reported 629,901 shares. Amg Natl State Bank owns 9,558 shares for 0.16% of their portfolio. Raymond James Na reported 8,414 shares.

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. has $330.0 highest and $140 lowest target. $258.67’s average target is 9.56% above currents $236.1 stock price. Goldman Sachs Group Inc. had 109 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, August 23 by BMO Capital Markets. Evercore upgraded the shares of GS in report on Monday, August 31 to “Buy” rating. The firm has “Neutral” rating given on Tuesday, November 29 by Nomura. The company was maintained on Wednesday, August 12 by Deutsche Bank. Berenberg initiated The Goldman Sachs Group, Inc. (NYSE:GS) rating on Wednesday, July 13. Berenberg has “Hold” rating and $140 target. Wood downgraded the stock to “Market Perform” rating in Wednesday, July 19 report. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, January 18 report. RBC Capital Markets maintained it with “Hold” rating and $240.0 target in Monday, November 13 report. The stock has “Sell” rating by Berenberg on Friday, February 24. UBS upgraded the stock to “Buy” rating in Friday, February 5 report.

More notable recent The Goldman Sachs Group, Inc. (NYSE:GS) news were published by: Seekingalpha.com which released: “Goldman Sachs: Runway For Growth” on May 23, 2018, also Livetradingnews.com with their article: “The Goldman Sachs Group, Inc. (NYSE:GS) Stock Oversold” published on May 21, 2018, Seekingalpha.com published: “Goldman Sachs: Packing My Bags” on May 02, 2018. More interesting news about The Goldman Sachs Group, Inc. (NYSE:GS) were released by: 247Wallst.com and their article: “6 Most Important Things in Business Today” published on May 24, 2018 as well as Seekingalpha.com‘s news article titled: “Goldman, Blackstone resolve dispute over credit derivative trade: WSJ” with publication date: May 24, 2018.

Dime Community Bancshares, Inc. (NASDAQ:DCOM) Institutional Positions Chart

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