Kings Point Capital Management Increases Holding in Intel (INTC); Bridgecreek Investment Management Has Raised Goldman Sachs Group (GS) Stake by $382,330

December 7, 2017 - By Marie Mckinney

Bridgecreek Investment Management Llc increased its stake in Goldman Sachs Group Inc (GS) by 5.72% based on its latest 2017Q2 regulatory filing with the SEC. Bridgecreek Investment Management Llc bought 1,730 shares as the company’s stock declined 13.97% while stock markets rallied. The institutional investor held 32,000 shares of the finance company at the end of 2017Q2, valued at $7.10M, up from 30,270 at the end of the previous reported quarter. Bridgecreek Investment Management Llc who had been investing in Goldman Sachs Group Inc for a number of months, seems to be bullish on the $93.24B market cap company. The stock decreased 0.96% or $2.38 during the last trading session, reaching $245.95. About 2.33M shares traded. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 39.23% since December 7, 2016 and is uptrending. It has outperformed by 22.53% the S&P500.

Kings Point Capital Management increased its stake in Intel Corp (INTC) by 9.58% based on its latest 2017Q2 regulatory filing with the SEC. Kings Point Capital Management bought 12,258 shares as the company’s stock declined 2.96% while stock markets rallied. The institutional investor held 140,251 shares of the semiconductors company at the end of 2017Q2, valued at $4.73M, up from 127,993 at the end of the previous reported quarter. Kings Point Capital Management who had been investing in Intel Corp for a number of months, seems to be bullish on the $203.35 billion market cap company. The stock increased 0.02% or $0.01 during the last trading session, reaching $43.45. About 27.71 million shares traded or 4.42% up from the average. Intel Corporation (NASDAQ:INTC) has risen 19.47% since December 7, 2016 and is uptrending. It has outperformed by 2.77% the S&P500.




More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Investorplace.com which released: “How Cheap Does Intel Corporation Stock Need to Get Before It’s Attractive?” on December 04, 2017, also Seekingalpha.com with their article: “Intel: The 15+ Year Breakout” published on December 06, 2017, Seekingalpha.com published: “Intel Corporation (INTC) Presents at Credit Suisse 21st Annual Technology …” on November 28, 2017. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Seekingalpha.com and their article: “Intel Corporation (INTC) presents at UBS Global Technology Conference (Transcript)” published on November 14, 2017 as well as Fool.com‘s news article titled: “Is Intel Corporation a Buy?” with publication date: November 19, 2017.

Among 54 analysts covering Intel Corporation (NASDAQ:INTC), 33 have Buy rating, 5 Sell and 16 Hold. Therefore 61% are positive. Intel Corporation had 199 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Buy” rating by Stifel Nicolaus on Friday, January 15. On Monday, August 31 the stock rating was upgraded by Northland Capital to “Outperform”. Roth Capital maintained Intel Corporation (NASDAQ:INTC) rating on Friday, October 20. Roth Capital has “Buy” rating and $43.0 target. As per Monday, July 10, the company rating was maintained by Canaccord Genuity. Deutsche Bank maintained Intel Corporation (NASDAQ:INTC) rating on Monday, March 21. Deutsche Bank has “Buy” rating and $37 target. Topeka Capital Markets maintained it with “Buy” rating and $36 target in Monday, January 18 report. The firm has “Sell” rating by Raymond James given on Wednesday, July 12. The stock has “Buy” rating by Nomura on Friday, October 27. Bank of America downgraded Intel Corporation (NASDAQ:INTC) on Wednesday, June 21 to “Neutral” rating. The rating was maintained by Morgan Stanley on Wednesday, October 19 with “Underweight”.

Kings Point Capital Management, which manages about $429.64 million US Long portfolio, decreased its stake in Berkshire Hathaway Inc Ne (BRKB) by 12,553 shares to 7,486 shares, valued at $1.27 million in 2017Q2, according to the filing. It also reduced its holding in Newell Rubbermaid Inc Com (NYSE:NWL) by 8,099 shares in the quarter, leaving it with 298,256 shares, and cut its stake in Vanguard Whitehall Fds Inc (VYM).

Investors sentiment increased to 1.03 in 2017 Q2. Its up 0.02, from 1.01 in 2017Q1. It is positive, as 78 investors sold INTC shares while 649 reduced holdings. 97 funds opened positions while 651 raised stakes. 3.05 billion shares or 0.13% less from 3.05 billion shares in 2017Q1 were reported. Badgley Phelps & Bell Inc has 0.04% invested in Intel Corporation (NASDAQ:INTC) for 15,415 shares. 52,950 were reported by Reilly Advsrs Ltd Llc. Livingston Group Inc Asset (Operating As Southport Management) holds 57,002 shares. Brookstone has invested 0.06% in Intel Corporation (NASDAQ:INTC). California Pub Employees Retirement has 0.65% invested in Intel Corporation (NASDAQ:INTC). Crawford Investment Counsel accumulated 0.03% or 22,934 shares. Burt Wealth Advsr owns 4,941 shares for 0.11% of their portfolio. Thompson Rubinstein Invest Mgmt Or invested in 3.2% or 257,145 shares. Signature Financial Mgmt stated it has 0.18% in Intel Corporation (NASDAQ:INTC). Holderness Investments Company accumulated 91,543 shares or 1.64% of the stock. Tru Commerce Of Toledo Na Oh, Ohio-based fund reported 139,569 shares. Psagot Inv House Limited reported 17,150 shares or 0.02% of all its holdings. Carret Asset Mgmt Ltd Limited Liability Company reported 293,190 shares. Virtus Inv Advisers has 0.43% invested in Intel Corporation (NASDAQ:INTC). Jnba Advisors reported 0.76% stake.

More notable recent The Goldman Sachs Group, Inc. (NYSE:GS) news were published by: Bloomberg.com which released: “Goldman Lays Groundwork for China Future Without Owner Curbs” on November 13, 2017, also Bloomberg.com with their article: “Goldman, BlackRock, and Blackstone: Will They Still Rule Wall Street in 10 Years?” published on December 07, 2017, Bloomberg.com published: “Goldman Sachs Shuffles Leadership in Slumping Fixed-Income Unit” on November 07, 2017. More interesting news about The Goldman Sachs Group, Inc. (NYSE:GS) were released by: Investorplace.com and their article: “The Goldman Sachs Group Inc Rally Is Due for a Rest — Profit Anyway” published on December 05, 2017 as well as Nasdaq.com‘s news article titled: “Goldman Sachs Group, Inc. (GS) Ex-Dividend Date Scheduled for November 29, 2017” with publication date: November 28, 2017.

Investors sentiment increased to 1.08 in Q2 2017. Its up 0.06, from 1.02 in 2017Q1. It improved, as 96 investors sold GS shares while 350 reduced holdings. 99 funds opened positions while 383 raised stakes. 278.62 million shares or 2.97% less from 287.14 million shares in 2017Q1 were reported. Vantage Invest Advsrs Ltd Llc holds 0.02% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS) for 365 shares. Summit Secs Ltd stated it has 0.25% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Klingenstein Fields Co Ltd stated it has 0.03% in The Goldman Sachs Group, Inc. (NYSE:GS). Community Bancorporation Na invested 0% in The Goldman Sachs Group, Inc. (NYSE:GS). Teachers Retirement System Of The State Of Kentucky owns 183,364 shares. Rmb Cap Mngmt Ltd has invested 0.18% in The Goldman Sachs Group, Inc. (NYSE:GS). Wedge Capital Management L Ltd Partnership Nc invested in 0.29% or 138,144 shares. Tci Wealth Advisors invested 0.04% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Moreover, Mariner Wealth Advsr Limited Liability has 0.06% invested in The Goldman Sachs Group, Inc. (NYSE:GS) for 5,996 shares. Rainier Mgmt Limited Liability Company has 0.57% invested in The Goldman Sachs Group, Inc. (NYSE:GS). Robeco Institutional Asset Management Bv accumulated 48,091 shares. Waddell And Reed Financial owns 645,348 shares. High Pointe Mgmt Limited Company has 1.32% invested in The Goldman Sachs Group, Inc. (NYSE:GS). 16,201 are owned by Columbia Prtnrs L L C Invest Mngmt. Rathbone Brothers Public Ltd holds 0.05% or 5,346 shares.

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