Vinva Investment Management Ltd Has $19.57 Million Position in The Goldman Sachs Group, Inc. Vinva Investment Management Ltd increased its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 14% during the third quarter, according to a filing with the Securities and Exchange Commission (SEC). The fund now owns 24,339 shares of the investment management company’s stock, valued at approximately $19.57 million. This brings institutional investors’ ownership of the stock to around 71.21%. The stake increase followed the purchase of an additional 2,984 shares during the period. Other institutional investors also adjusted their positions in Goldman Sachs. Harbor Capital Advisors Inc. acquired a new position worth about $26,000, while First PREMIER Bank and Corundum Trust Company INC added positions valued at $28,000 and $29,000, respectively. Clearstead Trust LLC and Elevation Wealth Partners LLC also modified their holdings, with the latter raising its stake by 100% to 40 shares worth $32,000. Goldman Sachs reported strong quarterly results, exceeding expectations with $13.55 earnings per share (EPS) against an estimated $11.52, and $15.71 billion in revenue. The firm raised its quarterly dividend to $4.50, providing an annualized yield of about 2.2%. Despite these gains, analysts maintain a "Hold" consensus, with an average price target of $916.86. However, some analysts have upgraded their price targets, including Rothschild & Co Redburn, Barclays, BNP Paribas Exane, and Argus, with the latter assigning a "buy" rating. Legal and reputational risks remain a concern for Goldman Sachs. The firm’s top lawyer is expected to testify in a DOJ-related case tied to the Epstein matter, creating headline uncertainty.#vinva_investment_management_ltd #the_goldman_sachs_group_inc #securities_and_exchange_commission #harbor_capital_advisors_inc #first_premier_bank
