Summit Securities Group Has Upped Goldman Sachs Group (GS) Position By $1.11 Million; Green Brick Partners, Inc. (GRBK) Had 1 Bulls

February 22, 2018 - By Richard Conner

Summit Securities Group Llc increased Goldman Sachs Group Inc (GS) stake by 46900% reported in 2017Q3 SEC filing. Summit Securities Group Llc acquired 4,690 shares as Goldman Sachs Group Inc (GS)’s stock declined 13.97%. The Summit Securities Group Llc holds 4,700 shares with $1.12 million value, up from 10 last quarter. Goldman Sachs Group Inc now has $99.36B valuation. The stock decreased 0.56% or $1.49 during the last trading session, reaching $263.4. About 3.02 million shares traded. The Goldman Sachs Group, Inc. (NYSE:GS) has risen 39.23% since February 22, 2017 and is uptrending. It has outperformed by 22.53% the S&P500.

Among 2 analysts covering Green Brick Partners (NASDAQ:GRBK), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Green Brick Partners had 5 analyst reports since August 27, 2015 according to SRatingsIntel. The stock of Green Brick Partners, Inc. (NASDAQ:GRBK) has “Neutral” rating given on Wednesday, September 2 by Citigroup. JMP Securities upgraded the shares of GRBK in report on Tuesday, February 20 to “Market Outperform” rating. The firm has “Market Perform” rating by JMP Securities given on Wednesday, January 6. The stock has “Neutral” rating by Credit Suisse on Thursday, August 27. See Green Brick Partners, Inc. (NASDAQ:GRBK) latest ratings:

20/02/2018 Broker: JMP Securities Old Rating: Market Perform New Rating: Market Outperform Upgrade

Green Brick Partners, Inc. engages in the homebuilding business in the United States. The company has market cap of $556.43 million. It operates through two divisions, Builder Operations and Land Development. It has a 17.54 P/E ratio. The firm is involved in the land acquisition and development, entitlements, design, construction, marketing, and sale of various residential projects, such as town, single family, and luxury homes in master planned communities; development of lots for public and large private builders; and land and construction financing business.

The stock decreased 0.45% or $0.05 during the last trading session, reaching $11. About 13,081 shares traded. Green Brick Partners, Inc. (NASDAQ:GRBK) has risen 50.21% since February 22, 2017 and is uptrending. It has outperformed by 33.51% the S&P500.

Investors sentiment decreased to 0.75 in 2017 Q3. Its down 0.33, from 1.08 in 2017Q2. It dropped, 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. 14,767 are owned by Pacific Investment. New York-based Wafra Invest Advisory Inc Ny has invested 0.67% in The Goldman Sachs Group, Inc. (NYSE:GS). Brinker holds 12,304 shares or 0.12% of its portfolio. Plante Moran Fincl Ltd reported 0.04% stake. Dnb Asset Management As has invested 0.12% in The Goldman Sachs Group, Inc. (NYSE:GS). Factory Mutual Ins has invested 0.97% in The Goldman Sachs Group, Inc. (NYSE:GS). Credit Suisse Ag reported 0.18% stake. Grassi Invest Mngmt holds 0.91% or 22,870 shares. Clearbridge Limited holds 0.01% in The Goldman Sachs Group, Inc. (NYSE:GS) or 42,080 shares. Ngam Advsr Limited Partnership owns 121,858 shares or 0.31% of their US portfolio. Global Thematic Prtn invested in 2.88% or 379,520 shares. Central Asset Invests And Mngmt (Hk) Ltd holds 0.46% in The Goldman Sachs Group, Inc. (NYSE:GS) or 2,800 shares. Tower Bridge Advsr reported 7,290 shares. 1,630 were reported by Ipg Invest Advsrs Limited Liability Corporation. First Republic Mngmt invested in 0.42% or 246,392 shares.

Summit Securities Group Llc decreased Vanguard Scottsdale Fds (VCSH) stake by 13,051 shares to 25,900 valued at $2.08M in 2017Q3. It also reduced Costco Whsl Corp New (Call) (NASDAQ:COST) stake by 2,920 shares and now owns 180 shares. Deere And Co (Put) (NYSE:DE) was reduced too.

Since October 18, 2017, it had 0 insider buys, and 8 sales for $28.24 million activity. $2.70M worth of The Goldman Sachs Group, Inc. (NYSE:GS) was sold by SALAME PABLO J on Thursday, February 1. Another trade for 11,829 shares valued at $3.18 million was sold by CHAVEZ R. MARTIN. Another trade for 25,000 shares valued at $6.13M was sold by SCHWARTZ HARVEY M. 21,252 shares valued at $5.77 million were sold by SOLOMON DAVID M on Monday, January 29. VINIAR DAVID A had sold 17,500 shares worth $4.40 million. Another trade for 4,951 shares valued at $1.19 million was sold by GNODDE RICHARD J.

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