Goldman Sachs Group, Inc. (The) (NYSE:GS) Chairman Lloyd C. Blankfein sold 20,794 shares of the company’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $238.38, for a total transaction of $4,956,873.72. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Goldman Sachs Group, Inc. (NYSE:GS) traded down $0.11 during trading on Wednesday, hitting $238.02. 2,223,800 shares of the company’s stock traded hands, compared to its average volume of 3,288,750. Goldman Sachs Group, Inc. has a one year low of $209.37 and a one year high of $255.15. The firm has a market cap of $89,780.00, a PE ratio of 12.40, a P/E/G ratio of 1.21 and a beta of 1.48. The company has a debt-to-equity ratio of 2.82, a current ratio of 0.90 and a quick ratio of 0.90.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last released its quarterly earnings results on Tuesday, October 17th. The investment management company reported $5.02 earnings per share (EPS) 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 11.34%. The company had revenue of $8.33 billion for the quarter, compared to analysts’ expectations of $7.59 billion. During the same period last year, the company earned $4.88 EPS. The firm’s revenue for the quarter was up 2.0% compared to the same quarter last year. equities research analysts predict that Goldman Sachs Group, Inc. will post 19.03 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th will be paid a dividend of $0.75 per share. The ex-dividend date is Wednesday, November 29th. This represents a $3.00 annualized dividend and a dividend yield of 1.26%. Goldman Sachs Group, Inc. (The)’s dividend payout ratio is currently 15.58%.

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A number of equities analysts have commented on the stock. Zacks Investment Research downgraded shares of Goldman Sachs Group, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Thursday, September 21st. BidaskClub downgraded shares of Goldman Sachs Group, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. Keefe, Bruyette & Woods restated a “hold” rating and set a $240.00 price objective on shares of Goldman Sachs Group, Inc. (The) in a research report on Thursday, October 19th. TheStreet downgraded shares of Goldman Sachs Group, Inc. (The) from a “b” rating to a “c+” rating in a research report on Thursday, September 7th. Finally, BMO Capital Markets restated a “hold” rating and set a $202.00 price objective on shares of Goldman Sachs Group, Inc. (The) in a research report on Friday, October 6th. Three 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 company’s stock. The company has an average rating of “Hold” and a consensus price target of $245.06.

Hedge funds have recently made changes to their positions in the company. Quantbot Technologies LP lifted its holdings in shares of Goldman Sachs Group, Inc. (The) by 223.8% during the 2nd quarter. Quantbot Technologies LP now owns 39,237 shares of the investment management company’s stock worth $8,706,000 after acquiring an additional 27,121 shares during the period. Tudor Investment Corp ET AL lifted its holdings in shares of Goldman Sachs Group, Inc. (The) by 29.9% during the 2nd quarter. Tudor Investment Corp ET AL now owns 20,480 shares of the investment management company’s stock worth $4,545,000 after acquiring an additional 4,714 shares during the period. YorkBridge Wealth Partners LLC lifted its holdings in shares of Goldman Sachs Group, Inc. (The) by 23.8% during the 2nd quarter. YorkBridge Wealth Partners LLC now owns 792 shares of the investment management company’s stock worth $180,000 after acquiring an additional 152 shares during the period. Bank of Montreal Can lifted its holdings in shares of Goldman Sachs Group, Inc. (The) by 33.1% during the 2nd quarter. Bank of Montreal Can now owns 392,464 shares of the investment management company’s stock worth $87,090,000 after acquiring an additional 97,532 shares during the period. Finally, Cornerstone Investment Partners LLC purchased a new position in shares of Goldman Sachs Group, Inc. (The) during the 2nd quarter worth about $42,536,000. Institutional investors and hedge funds own 74.01% of the company’s stock.

About Goldman Sachs Group, Inc. (The)

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.

Insider Buying and Selling by Quarter for Goldman Sachs Group, Inc. (The) (NYSE:GS)

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