Goldman Sachs Sees New Investment from Fox Hill Wealth Management
Fox Hill Wealth Management has made a significant investment in The Goldman Sachs Group, Inc. (NYSE:GS). According to its most recent Form 13F filing with the Securities and Exchange Commission, Fox Hill bought approximately 5,172 shares of GS stock, valued at about $5.23 million.
This is not the only new investment made by large investors in Goldman Sachs this quarter. BlackRock Inc., for example, acquired a new position worth $24.17 billion during the same period.
The Goldman Sachs Group has been performing well lately, with its recent earnings report exceeding expectations. The company posted $20.98 per share earnings and reported revenue of $20.34 billion for the quarter.
Goldman's strong performance has not gone unnoticed by analysts. Several have upgraded their price targets on the stock, citing the company's growth potential.