Goldman Sachs Group Inc. Has $263,000 Position in Gol Linhas Aereas Inteligentes S.A. (GOL)

Goldman Sachs Group Inc. increased its stake in Gol Linhas Aereas Inteligentes S.A. (NYSE:GOL) by 163.8% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 23,184 shares of the transportation company’s stock after buying an additional 14,396 shares during the period. Goldman Sachs Group Inc. owned 0.06% of Gol Linhas Aereas Inteligentes worth $263,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Dimensional Fund Advisors LP lifted its holdings in shares of Gol Linhas Aereas Inteligentes by 269.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 196,048 shares of the transportation company’s stock valued at $2,227,000 after buying an additional 143,048 shares during the period. Virtu KCG Holdings LLC lifted its holdings in shares of Gol Linhas Aereas Inteligentes by 89.3% during the 2nd quarter. Virtu KCG Holdings LLC now owns 22,285 shares of the transportation company’s stock valued at $253,000 after buying an additional 10,515 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Gol Linhas Aereas Inteligentes by 100.0% during the 2nd quarter. Vanguard Group Inc. now owns 25,640 shares of the transportation company’s stock valued at $291,000 after buying an additional 12,820 shares during the period. Van ECK Associates Corp lifted its holdings in shares of Gol Linhas Aereas Inteligentes by 94.0% during the 2nd quarter. Van ECK Associates Corp now owns 57,974 shares of the transportation company’s stock valued at $659,000 after buying an additional 28,084 shares during the period. Finally, Pinnacle Associates Ltd. lifted its holdings in shares of Gol Linhas Aereas Inteligentes by 342.3% during the 2nd quarter. Pinnacle Associates Ltd. now owns 55,175 shares of the transportation company’s stock valued at $627,000 after buying an additional 42,700 shares during the period. Institutional investors own 0.02% of the company’s stock.

A number of brokerages recently commented on GOL. Zacks Investment Research raised Gol Linhas Aereas Inteligentes from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a report on Thursday, August 17th. ValuEngine cut Gol Linhas Aereas Inteligentes from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. BidaskClub raised Gol Linhas Aereas Inteligentes from a “hold” rating to a “buy” rating in a report on Thursday, August 24th. Finally, Buckingham Research started coverage on Gol Linhas Aereas Inteligentes in a report on Monday, November 6th. They issued a “buy” rating and a $29.00 target price on the stock. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $24.33.

Shares of Gol Linhas Aereas Inteligentes S.A. (NYSE GOL) traded up $0.22 during trading on Monday, hitting $8.82. The stock had a trading volume of 398,770 shares, compared to its average volume of 793,136. The stock has a market capitalization of $1,492.10, a price-to-earnings ratio of 50.00 and a beta of 1.88. The company has a current ratio of 0.45, a quick ratio of 0.41 and a debt-to-equity ratio of -1.73. Gol Linhas Aereas Inteligentes S.A. has a 52-week low of $2.31 and a 52-week high of $9.96.

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Gol Linhas Aereas Inteligentes Company Profile

Gol Linhas Aereas Inteligentes SA is a Brazil-based airline company. The Company focuses on carrying passengers to over 60 destinations, approximately 50 in Brazil and 10 in South America and the Caribbean. The Company’s fleet includes approximately 120 Boeing 737 aircrafts. The Company operates through two segments: Air transportation and Loyalty program.

Institutional Ownership by Quarter for Gol Linhas Aereas Inteligentes (NYSE:GOL)

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