Goldman Sachs Group Inc. acquired a new stake in Gol Linhas Aereas Inteligentes S.A. (NYSE:GOL) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 8,788 shares of the transportation company’s stock, valued at approximately $233,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of GOL. SG Americas Securities LLC purchased a new stake in shares of Gol Linhas Aereas Inteligentes during the first quarter valued at about $110,000. KCG Holdings Inc. purchased a new stake in shares of Gol Linhas Aereas Inteligentes during the first quarter valued at about $312,000. Pinnacle Associates Ltd. purchased a new stake in shares of Gol Linhas Aereas Inteligentes during the first quarter valued at about $331,000. Bank of America Corp DE raised its stake in shares of Gol Linhas Aereas Inteligentes by 6.9% in the first quarter. Bank of America Corp DE now owns 13,973 shares of the transportation company’s stock valued at $370,000 after buying an additional 901 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd raised its stake in shares of Gol Linhas Aereas Inteligentes by 82.9% in the first quarter. Dynamic Technology Lab Private Ltd now owns 29,361 shares of the transportation company’s stock valued at $778,000 after buying an additional 13,306 shares during the last quarter. 0.04% of the stock is currently owned by institutional investors and hedge funds.

Gol Linhas Aereas Inteligentes S.A. (GOL) traded up 0.63% during mid-day trading on Tuesday, hitting $17.45. The company had a trading volume of 46,028 shares. Gol Linhas Aereas Inteligentes S.A. has a 52 week low of $5.77 and a 52 week high of $17.96. The firm’s 50 day moving average is $15.01 and its 200 day moving average is $13.96. The company’s market capitalization is $1.21 billion.

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Several analysts have issued reports on the company. BidaskClub lowered Gol Linhas Aereas Inteligentes from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. ValuEngine upgraded Gol Linhas Aereas Inteligentes from a “buy” rating to a “strong-buy” rating in a research note on Monday, August 14th. Zacks Investment Research upgraded Gol Linhas Aereas Inteligentes from a “hold” rating to a “buy” rating and set a $13.00 target price on the stock in a research note on Monday, May 29th. Bank of America Corporation lowered Gol Linhas Aereas Inteligentes from a “buy” rating to a “neutral” rating in a research note on Thursday, May 18th. Finally, Citigroup Inc. upgraded Gol Linhas Aereas Inteligentes from a “sell” rating to a “neutral” rating in a research note on Wednesday, July 5th. Four research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $21.13.

About Gol Linhas Aereas Inteligentes

Gol Linhas Aereas Inteligentes SA (GOL) is an airline company. The Company is engaged in providing mobile geolocation services to its passengers and designing a Website featuring accessibility resources to assist people with visual and motor impairments. 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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