San Francisco Sentry Investment Group CA raised its position in Goldman Sachs Group, Inc. (The) (NYSE:GS) by 16.8% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,112 shares of the investment management company’s stock after purchasing an additional 160 shares during the period. San Francisco Sentry Investment Group CA’s holdings in Goldman Sachs Group, Inc. (The) were worth $247,000 as of its most recent filing with the SEC.

A number of other large investors have also recently modified their holdings of the business. BlackRock Inc. increased its position in shares of Goldman Sachs Group, Inc. (The) by 3,301.2% during the first quarter. BlackRock Inc. now owns 24,569,536 shares of the investment management company’s stock worth $5,644,114,000 after acquiring an additional 23,847,154 shares in the last quarter. New England Asset Management Inc. increased its position in shares of Goldman Sachs Group, Inc. (The) by 440.8% during the first quarter. New England Asset Management Inc. now owns 2,331,063 shares of the investment management company’s stock worth $535,492,000 after acquiring an additional 1,900,000 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of Goldman Sachs Group, Inc. (The) by 84.4% during the first quarter. Alliancebernstein L.P. now owns 3,221,215 shares of the investment management company’s stock worth $739,978,000 after acquiring an additional 1,474,433 shares in the last quarter. Harbour Capital Advisors LLC increased its position in shares of Goldman Sachs Group, Inc. (The) by 22,290.9% during the second quarter. Harbour Capital Advisors LLC now owns 1,113,050 shares of the investment management company’s stock worth $5,016,000 after acquiring an additional 1,108,079 shares in the last quarter. Finally, FMR LLC increased its position in shares of Goldman Sachs Group, Inc. (The) by 10.9% during the first quarter. FMR LLC now owns 10,995,425 shares of the investment management company’s stock worth $2,525,869,000 after acquiring an additional 1,084,624 shares in the last quarter. 73.21% of the stock is owned by hedge funds and other institutional investors.

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GS has been the subject of several research reports. Keefe, Bruyette & Woods reissued an “outperform” rating on shares of Goldman Sachs Group, Inc. (The) in a research report on Tuesday, July 4th. Buckingham Research restated a “neutral” rating and set a $243.00 target price (up previously from $235.00) on shares of Goldman Sachs Group, Inc. (The) in a report on Monday, July 10th. Capital One Financial Corporation restated a “buy” rating on shares of Goldman Sachs Group, Inc. (The) in a report on Tuesday, July 11th. Oppenheimer Holdings, Inc. increased their target price on shares of Goldman Sachs Group, Inc. (The) from $251.00 to $256.00 and gave the stock an “outperform” rating in a report on Wednesday, July 19th. Finally, Berenberg Bank restated a “sell” rating and set a $190.00 target price on shares of Goldman Sachs Group, Inc. (The) in a report on Friday, July 21st. Two equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $244.98.

In other Goldman Sachs Group, Inc. (The) news, Director David A. Viniar sold 7,393 shares of the stock in a transaction that occurred on Friday, October 20th. The shares were sold at an average price of $245.18, for a total transaction of $1,812,615.74. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider David M. Solomon sold 3,260 shares of the stock in a transaction that occurred 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 transaction, the insider now owns 177,594 shares in the company, valued at $41,128,994.46. The disclosure for this sale can be found here. Insiders have sold 58,289 shares of company stock worth $14,036,920 over the last quarter. Company insiders own 2.57% of the company’s stock.

Shares of Goldman Sachs Group, Inc. (GS) opened at 242.48 on Wednesday. Goldman Sachs Group, Inc. has a 52-week low of $174.73 and a 52-week high of $255.15. The firm has a market capitalization of $94.13 billion, a P/E ratio of 12.63 and a beta of 1.41. The company’s 50-day moving average is $237.29 and its 200 day moving average is $226.49.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last posted its quarterly earnings data on Tuesday, October 17th. The investment management company reported $5.02 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $4.17 by $0.85. Goldman Sachs Group, Inc. (The) had a net margin of 26.42% and a return on equity of 11.32%. The company had revenue of $8.33 billion for the quarter, compared to analysts’ expectations of $7.59 billion. During the same period in the prior year, the business earned $4.88 earnings per share. Goldman Sachs Group, Inc. (The)’s revenue for the quarter was up 2.0% compared to the same quarter last year. Analysts expect that Goldman Sachs Group, Inc. will post $19.07 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date of this dividend is Wednesday, November 29th. Goldman Sachs Group, Inc. (The)’s payout ratio is currently 15.63%.

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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