New Jersey Better Educational Savings Trust Has Lowered Its Goldman Sachs Group (GS) Position; MELIA HOTELS INTERNA (SMIZF) SI Increased By 200%

February 15, 2018 - By David Stenberg

New Jersey Better Educational Savings Trust decreased Goldman Sachs Group Inc (GS) stake by 57.14% reported in 2017Q3 SEC filing. New Jersey Better Educational Savings Trust sold 2,000 shares as Goldman Sachs Group Inc (GS)’s stock declined 13.97%. The New Jersey Better Educational Savings Trust holds 1,500 shares with $356,000 value, down from 3,500 last quarter. Goldman Sachs Group Inc now has $99.05 billion valuation. The stock increased 2.76% or $7.05 during the last trading session, reaching $262.58. About 3.79 million shares traded or 10.60% up from the average. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 39.23% since February 15, 2017 and is uptrending. It has outperformed by 22.53% the S&P500.

MELIA HOTELS INTERNA (OTCMKTS:SMIZF) had an increase of 200% in short interest. SMIZF’s SI was 300 shares in February as released by FINRA. Its up 200% from 100 shares previously. With 1,400 avg volume, 0 days are for MELIA HOTELS INTERNA (OTCMKTS:SMIZF)’s short sellers to cover SMIZF’s short positions. The stock increased 2.87% or $0.39 during the last trading session, reaching $14. About shares traded. Meliá Hotels International, S.A. (OTCMKTS:SMIZF) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Meliá Hotels International, S.A. owns, manages, operates, leases, and franchises hotels worldwide. The company has market cap of $3.04 billion. The firm operates approximately 370 hotels in 43 countries under the Gran Meliá Hotels & Resorts, Paradisus Resorts, ME by Meliá, Meliá Hotels & Resorts, Innside by Meliá, Sol Hotels & Resorts, and TRYP by Wyndham brand names. It has a 21.47 P/E ratio. It also operates Club Meliá vacation club; develops and operates real estate properties; and engages in casinos, golf, and tour operations.

Since October 18, 2017, it had 0 insider buys, and 8 insider sales for $28.24 million activity. $2.70M worth of The Goldman Sachs Group, Inc. (NYSE:GS) shares were sold by SALAME PABLO J. The insider VINIAR DAVID A sold $1.81M. CHAVEZ R. MARTIN sold $3.18M worth of The Goldman Sachs Group, Inc. (NYSE:GS) on Wednesday, January 31. SCHWARTZ HARVEY M sold $6.13M worth of The Goldman Sachs Group, Inc. (NYSE:GS) on Friday, October 20. SOLOMON DAVID M also sold $5.77M worth of The Goldman Sachs Group, Inc. (NYSE:GS) on Monday, January 29. 4,951 The Goldman Sachs Group, Inc. (NYSE:GS) shares with value of $1.19 million were sold by GNODDE RICHARD J.

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 firm has “Sell” rating given on Tuesday, January 10 by Citigroup. The stock of The Goldman Sachs Group, Inc. (NYSE:GS) earned “Hold” rating by Rafferty on Wednesday, April 19. BMO Capital Markets maintained the shares of GS in report on Tuesday, October 17 with “Hold” rating. Keefe Bruyette & Woods maintained it with “Hold” rating and $260.0 target in Wednesday, January 17 report. The firm has “Outperform” rating given on Tuesday, January 5 by Oppenheimer. RBC Capital Markets maintained it with “Hold” rating and $240.0 target in Friday, October 6 report. The company was downgraded on Tuesday, November 29 by Instinet. BMO Capital Markets maintained the shares of GS in report on Friday, October 6 with “Hold” rating. The rating was upgraded by Keefe Bruyette & Woods to “Outperform” on Tuesday, November 29. Vertical Group downgraded the shares of GS in report on Monday, November 6 to “Sell” rating.

Investors sentiment decreased to 0.75 in 2017 Q3. Its down 0.33, from 1.08 in 2017Q2. It turned negative, 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. Swedbank holds 473,843 shares or 0.69% of its portfolio. 1.40 million were reported by Pzena Mngmt Llc. Moreover, Umb Fincl Bank N A Mo has 0.08% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 9,634 shares. Numeric Limited Liability Corp reported 0.58% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Locust Wood Capital Advisers Ltd Liability Corp has 78,720 shares. First Amer Commercial Bank holds 0.75% or 41,721 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt holds 29,261 shares. Cheviot Value Management Ltd Liability Com has invested 0.11% in The Goldman Sachs Group, Inc. (NYSE:GS). Balasa Dinverno Foltz Lc has 0.03% invested in The Goldman Sachs Group, Inc. (NYSE:GS). 63,724 were reported by Beck Mngmt Ltd Llc. Essex Svcs stated it has 0.53% in The Goldman Sachs Group, Inc. (NYSE:GS). Hennessy accumulated 0.04% or 6,000 shares. Price T Rowe Associates Inc Md has 704,793 shares. Afam Capital Inc holds 0.56% or 19,547 shares. Cubist Systematic Strategies Limited Liability Company owns 1,517 shares or 0.02% of their US portfolio.

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By1 David Stenberg

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