Goldman Sachs Group (GS) Market Value Declined While Teachers Retirement System Of The State Of Kentucky Has Trimmed Its Stake; Indexiq Advisors Raised Stake in Koppers Holdings (KOP) by $428,030

February 18, 2018 - By Henry Gaston

Indexiq Advisors Llc increased its stake in Koppers Holdings Inc (KOP) by 83.39% based on its latest 2017Q3 regulatory filing with the SEC. Indexiq Advisors Llc bought 9,305 shares as the company’s stock declined 12.37% while stock markets rallied. The institutional investor held 20,464 shares of the forest products company at the end of 2017Q3, valued at $944,000, up from 11,159 at the end of the previous reported quarter. Indexiq Advisors Llc who had been investing in Koppers Holdings Inc for a number of months, seems to be bullish on the $845.38 million market cap company. The stock decreased 0.24% or $0.1 during the last trading session, reaching $40.75. About 105,401 shares traded. Koppers Holdings Inc. (NYSE:KOP) has risen 55.42% since February 18, 2017 and is uptrending. It has outperformed by 38.72% the S&P500.

Teachers Retirement System Of The State Of Kentucky decreased its stake in Goldman Sachs Group Inc (GS) by 55.25% based on its latest 2017Q3 regulatory filing with the SEC. Teachers Retirement System Of The State Of Kentucky sold 101,300 shares as the company’s stock declined 13.97% while stock markets rallied. The institutional investor held 82,064 shares of the finance company at the end of 2017Q3, valued at $19.47M, down from 183,364 at the end of the previous reported quarter. Teachers Retirement System Of The State Of Kentucky who had been investing in Goldman Sachs Group Inc for a number of months, seems to be less bullish one the $100.95B market cap company. The stock decreased 0.02% or $0.06 during the last trading session, reaching $267.62. About 2.60M shares traded. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 39.23% since February 18, 2017 and is uptrending. It has outperformed by 22.53% the S&P500.

Among 7 analysts covering Koppers Holdings (NYSE:KOP), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Koppers Holdings had 18 analyst reports since August 7, 2015 according to SRatingsIntel. Zacks upgraded the shares of KOP in report on Friday, August 7 to “Sell” rating. Monness Crespi & Hardt downgraded the stock to “Neutral” rating in Monday, July 18 report. The firm has “Buy” rating by Monness Crespi & Hardt given on Monday, March 14. The stock of Koppers Holdings Inc. (NYSE:KOP) earned “Outperform” rating by Barrington Research on Wednesday, December 28. The firm has “Hold” rating by Wunderlich given on Tuesday, November 29. The stock of Koppers Holdings Inc. (NYSE:KOP) earned “Hold” rating by Jefferies on Tuesday, October 10. On Wednesday, June 28 the stock rating was upgraded by Wunderlich to “Buy”. The stock has “Buy” rating by Jefferies on Tuesday, September 8. On Monday, May 8 the stock rating was maintained by Barrington Research with “Outperform”. Barrington Research initiated the shares of KOP in report on Wednesday, June 8 with “Outperform” rating.

Indexiq Advisors Llc, which manages about $1.21 billion and $2.32 billion US Long portfolio, decreased its stake in Chevron Corp New (NYSE:CVX) by 26,058 shares to 6,729 shares, valued at $790,000 in 2017Q3, according to the filing. It also reduced its holding in Coeur Mng Inc (NYSE:CDE) by 47,929 shares in the quarter, leaving it with 7,703 shares, and cut its stake in Ishares Tr (IEF).

Since September 22, 2017, it had 0 insider buys, and 2 selling transactions for $158,850 activity.

Investors sentiment increased to 1.43 in Q3 2017. Its up 0.34, from 1.09 in 2017Q2. It is positive, as 10 investors sold KOP shares while 53 reduced holdings. 30 funds opened positions while 60 raised stakes. 18.30 million shares or 0.88% more from 18.14 million shares in 2017Q2 were reported. 47,500 were reported by Harvey Prtnrs Lc. Mason Street Ltd Com has 5,254 shares. Aqr Capital Limited Liability owns 87,280 shares for 0% of their portfolio. Advisors Preferred Limited Liability holds 1,381 shares. Millennium Management Ltd Llc owns 0.01% invested in Koppers Holdings Inc. (NYSE:KOP) for 143,948 shares. 5,091 are owned by Leucadia Natl. Kennedy Cap Inc stated it has 0.14% in Koppers Holdings Inc. (NYSE:KOP). Howe Rusling Inc reported 0.1% stake. Nordea Ab stated it has 0.01% in Koppers Holdings Inc. (NYSE:KOP). Strs Ohio holds 0.02% or 114,500 shares. Cornerstone Capital Mngmt Ltd Liability Corporation holds 0.04% or 97,386 shares. Metropolitan Life Insur Ny owns 0% invested in Koppers Holdings Inc. (NYSE:KOP) for 14,513 shares. Teachers Retirement Systems Of The State Of Kentucky owns 7,800 shares for 0% of their portfolio. Moreover, Cambridge Invest Rech Advsrs has 0.01% invested in Koppers Holdings Inc. (NYSE:KOP). James Research Inc holds 0.1% or 61,509 shares in its portfolio.

Investors sentiment decreased to 0.75 in 2017 Q3. Its down 0.33, from 1.08 in 2017Q2. It dived, as 63 investors sold GS shares while 427 reduced holdings. 82 funds opened positions while 285 raised stakes. 271.74 million shares or 2.47% less from 278.62 million shares in 2017Q2 were reported. Zurcher Kantonalbank (Zurich Cantonalbank) invested 0.3% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Employees Retirement Systems Of Texas holds 30,800 shares or 0.1% of its portfolio. Gabelli Funds Limited Liability Co has 34,600 shares. Sfmg Limited Liability Co, a Texas-based fund reported 1,192 shares. Perkins Coie Trust owns 400 shares for 0.05% of their portfolio. 9,232 were reported by Cleararc. Culbertson A N Inc stated it has 29,336 shares or 2.12% of all its holdings. Sg Americas Lc accumulated 47,488 shares. Camarda Financial Advsr Ltd reported 32 shares or 0.01% of all its holdings. Hudock Cap Gp Ltd Company has 0.13% invested in The Goldman Sachs Group, Inc. (NYSE:GS). First National Trust Co has invested 0.12% in The Goldman Sachs Group, Inc. (NYSE:GS). St Johns Invest Mngmt Com Limited Co accumulated 400 shares. Natl Asset Mngmt Inc, a New York-based fund reported 4,403 shares. Gulf Int Commercial Bank (Uk) invested in 0.36% or 111,539 shares. Public Employees Retirement Of Ohio holds 0.33% or 263,956 shares in its portfolio.

Teachers Retirement System Of The State Of Kentucky, which manages about $8.32 billion US Long portfolio, upped its stake in Viad Corp (NYSE:VVI) by 16,905 shares to 28,205 shares, valued at $1.72 million in 2017Q3, according to the filing. It also increased its holding in Lazard Ltd (NYSE:LAZ) by 75,000 shares in the quarter, for a total of 290,100 shares, and has risen its stake in Priceline Group Inc. (NASDAQ:PCLN).

Among 30 analysts covering Goldman Sachs Group Inc. (NYSE:GS), 13 have Buy rating, 1 Sell and 16 Hold. Therefore 43% are positive. Goldman Sachs Group Inc. had 97 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Wednesday, June 7. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) has “Buy” rating given on Monday, August 31 by Evercore. The company was maintained on Monday, November 13 by RBC Capital Markets. The firm has “Hold” rating by Keefe Bruyette & Woods given on Tuesday, September 26. The firm has “Hold” rating by BMO Capital Markets given on Tuesday, July 18. On Wednesday, July 19 the stock rating was downgraded by Wood to “Market Perform”. The rating was upgraded by Oppenheimer to “Outperform” on Monday, September 21. The firm has “Neutral” rating by UBS given on Monday, July 24. The company was maintained on Tuesday, October 17 by BMO Capital Markets. The firm has “Neutral” rating given on Wednesday, December 21 by Atlantic Securities.

Since October 18, 2017, it had 0 buys, and 8 insider sales for $28.24 million activity. Another trade for 7,393 shares valued at $1.81 million was made by VINIAR DAVID A on Friday, October 20. 4,951 shares were sold by GNODDE RICHARD J, worth $1.19 million. Another trade for 21,252 shares valued at $5.77M was made by SOLOMON DAVID M on Monday, January 29. SCHWARTZ HARVEY M sold 25,000 shares worth $6.13M. SALAME PABLO J sold $2.70M worth of stock.

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.

By1 Henry Gaston

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:








Recent Posts