Janus Capital Management LLC raised its stake in shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) by 5.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,087,746 shares of the investment management company’s stock after buying an additional 55,710 shares during the period. Janus Capital Management LLC owned approximately 0.27% of Goldman Sachs Group, Inc. (The) worth $249,857,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of GS. YorkBridge Wealth Partners LLC raised its stake in Goldman Sachs Group, Inc. (The) by 0.3% in the first quarter. YorkBridge Wealth Partners LLC now owns 640 shares of the investment management company’s stock valued at $144,000 after buying an additional 2 shares during the last quarter. Hudock Capital Group LLC raised its stake in Goldman Sachs Group, Inc. (The) by 0.3% in the first quarter. Hudock Capital Group LLC now owns 1,130 shares of the investment management company’s stock valued at $259,000 after buying an additional 3 shares during the last quarter. Chicago Partners Investment Group LLC raised its stake in Goldman Sachs Group, Inc. (The) by 0.3% in the first quarter. Chicago Partners Investment Group LLC now owns 1,052 shares of the investment management company’s stock valued at $242,000 after buying an additional 3 shares during the last quarter. Balasa Dinverno & Foltz LLC raised its stake in Goldman Sachs Group, Inc. (The) by 0.8% in the first quarter. Balasa Dinverno & Foltz LLC now owns 924 shares of the investment management company’s stock valued at $212,000 after buying an additional 7 shares during the last quarter. Finally, Guardian Life Insurance Co. of America raised its stake in Goldman Sachs Group, Inc. (The) by 0.6% in the first quarter. Guardian Life Insurance Co. of America now owns 1,426 shares of the investment management company’s stock valued at $328,000 after buying an additional 8 shares during the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.

Goldman Sachs Group, Inc. (GS) traded down 0.23% during midday trading on Friday, hitting $222.47. 2,232,476 shares of the stock were exchanged. The company has a market cap of $86.37 billion, a PE ratio of 11.66 and a beta of 1.42. The firm’s 50 day moving average price is $225.12 and its 200 day moving average price is $228.90. Goldman Sachs Group, Inc. has a 12 month low of $157.77 and a 12 month high of $255.15.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last issued its earnings results on Tuesday, July 18th. The investment management company reported $3.95 EPS for the quarter, topping the consensus estimate of $3.39 by $0.56. The company had revenue of $7.89 billion for the quarter, compared to analyst estimates of $7.47 billion. Goldman Sachs Group, Inc. (The) had a net margin of 26.44% and a return on equity of 11.27%. The business’s revenue was down .6% on a year-over-year basis. During the same period in the previous year, the firm earned $3.72 EPS. On average, equities research analysts forecast that Goldman Sachs Group, Inc. will post $18.23 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 28th. Shareholders of record on Thursday, August 31st will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $3.00 annualized dividend and a dividend yield of 1.35%. Goldman Sachs Group, Inc. (The)’s payout ratio is currently 15.74%.

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GS has been the subject of several recent analyst reports. Keefe, Bruyette & Woods set a $260.00 price objective on shares of Goldman Sachs Group, Inc. (The) and gave the company a “buy” rating in a research note on Saturday, May 6th. Oppenheimer Holdings, Inc. upped their price objective on shares of Goldman Sachs Group, Inc. (The) from $251.00 to $256.00 and gave the company an “outperform” rating in a research note on Wednesday, July 19th. Berenberg Bank reaffirmed a “sell” rating and set a $190.00 price objective on shares of Goldman Sachs Group, Inc. (The) in a research note on Friday, July 21st. Royal Bank Of Canada reaffirmed a “hold” rating and set a $240.00 price objective on shares of Goldman Sachs Group, Inc. (The) in a research note on Friday, June 23rd. Finally, BidaskClub downgraded shares of Goldman Sachs Group, Inc. (The) from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Two investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $235.44.

In other Goldman Sachs Group, Inc. (The) news, insider David M. Solomon sold 3,260 shares of the business’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $231.59, for a total transaction of $754,983.40. Following the sale, the insider now directly owns 177,594 shares in the company, valued at approximately $41,128,994.46. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David A. Viniar sold 4,590 shares of the business’s stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $227.79, for a total transaction of $1,045,556.10. Following the sale, the director now owns 854,925 shares in the company, valued at $194,743,365.75. The disclosure for this sale can be found here. Insiders have sold a total of 25,535 shares of company stock worth $5,956,868 over the last 90 days. Insiders own 2.57% of the company’s stock.

Goldman Sachs Group, Inc. (The) Company Profile

The Goldman Sachs Group, Inc is an investment banking, securities and investment management company that provides a range of financial services to corporations, financial institutions, governments and individuals. The Company operates in four business segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management.

Institutional Ownership by Quarter for Goldman Sachs Group, Inc. (The) (NYSE:GS)

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