Industrial & Cmrcl Bnk f China (IDCBY) Raised to "Buy" at Goldman Sachs

Industrial & Cmrcl Bnk f China (IDCBY) Raised to

Skandinaviska Enskilda Banken AB publ now owns 61,564 shares of the investment management company's stock valued at $14,602,000 after purchasing an additional 1,752 shares during the period. The Goldman Sachs Group, Inc.is a leading global financial services firm founded in 1869 and headquartered in NY. After $5.68 actual EPS reported by The Goldman Sachs Group, Inc. for the previous quarter, Wall Street now forecasts -4.75% negative EPS growth. Vetr downgraded shares of Goldman Sachs from a hold rating to a sell rating and set a $246.36 price objective on the stock.in a research note on Wednesday, February 14th. The legal version of this piece can be viewed at https://stocknewstimes.com/2018/04/16/goldman-sachs-group-inc-buys-new-stake-in-evoqua-water-technologies-aqua.html. Alpha Cubed Investments LLC now owns 4,850 shares of the investment management company's stock worth $782,000 after buying an additional 15 shares in the last quarter. $5.77M worth of The Goldman Sachs Group, Inc. Alpha Windward LLC now owns 838 shares of the investment management company's stock worth $135,000 after buying an additional 18 shares in the last quarter. Investors holded 271.74 million in 2017Q3 but now own 268.85 million shares or 1.06% less. 322 increased stakes while 106 funds bought stakes. Hedge funds and other institutional investors own 72.77% of the company's stock.

GS Bank, a subsidiary of Goldman Sachs, is making the acquisition. Industrial & Cmrcl Bnk f China has a 52 week low of $12.31 and a 52 week high of $19.15. The stock has a market cap of $97,220.68, a PE ratio of 12.95, a P/E/G ratio of 1.03 and a beta of 1.36. The stock has a 50 day moving average of $241.97 and a 200 day moving average of $206.24.

Evoqua Water Technologies (NYSE:AQUA) last posted its earnings results on Tuesday, February 6th.

The Goldman Sachs Group, Inc. registered $30.00 million net activity with 0 insider buys and 9 insider sales since October 18, 2017. The firm had revenue of $7.83 billion during the quarter, compared to analyst estimates of $7.64 billion. During the same quarter in the prior year, the company earned $4.68 EPS. CHAVEZ R. MARTIN had sold 11,829 shares worth $3.18 million.

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 29th. The ex-dividend date of this dividend is Thursday, April 12th. This represents a $3.00 annualized dividend and a yield of 1.17%. Goldman Sachs Group's dividend payout ratio (DPR) is presently 15.89%. 23 are the (NYSE:GS)'s analyst reports since October 17, 2017 according to StockzIntelligence Inc. Vining Sparks reissued a hold rating and set a $270.00 price target on shares of Goldman Sachs in a research note on Monday, January 8th.

Industrial & Cmrcl Bnk f China (OTCMKTS:IDCBY) was upgraded by analysts at Goldman Sachs from a "neutral" rating to a "buy" rating in a report issued on Thursday, April 5th. Morgan Stanley raised their price target on shares of Goldman Sachs from $297.00 to $302.00 and gave the company an overweight rating in a research note on Thursday, March 15th. Finally, Oppenheimer increased their price target on shares of Goldman Sachs from $301.00 to $313.00 and gave the company an outperform rating in a research note on Thursday, January 18th. Four analysts have rated the stock with a sell rating, twelve have given a hold rating and fourteen have assigned a buy rating to the company. Excalibur invested in 4,818 shs or 1.03% of the stock. The shares were sold at an average price of $265.37, for a total transaction of $1,167,628.00. Following the transaction, the executive vice president now owns 41,966 shares in the company, valued at approximately $9,903,976. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The stock was sold at an average price of $251.19, for a total transaction of $4,395,825.00. The Baskin Financial Services Inc holds 44,394 shares with $11.31M value, down from 45,934 last quarter. The disclosure for this sale can be found here. SALAME PABLO J sold 10,000 shares worth $2.70 million. The Bank mainly operates three segments, including Corporate Banking segment, Personal Banking segment and Treasury segment.

INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED is a China-based company principally engaged in the provision of banking and related financial services. Also, the number of institutional investors holding Western Asset Variable Rate Strategic Fund Inc in top ten holdings was flat from 0 to 0 for the same number.

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