Investors purchased shares of Goldman Sachs Group Inc (NYSE:GS) on weakness during trading on Wednesday. $168.04 million flowed into the stock on the tick-up and $131.55 million flowed out of the stock on the tick-down, for a money net flow of $36.49 million into the stock. Of all stocks tracked, Goldman Sachs Group had the 22nd highest net in-flow for the day. Goldman Sachs Group traded down ($2.38) for the day and closed at $245.95

GS has been the subject of several research reports. Royal Bank Of Canada reaffirmed a “hold” rating and set a $240.00 price target on shares of Goldman Sachs Group in a research note on Thursday, August 31st. Morgan Stanley lifted their price target on Goldman Sachs Group from $265.00 to $287.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 18th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $240.00 price target on shares of Goldman Sachs Group in a research note on Thursday, October 19th. JMP Securities reaffirmed a “market perform” rating on shares of Goldman Sachs Group in a research note on Wednesday, September 13th. Finally, J P Morgan Chase & Co set a $260.00 price target on Goldman Sachs Group and gave the stock a “buy” rating in a research note on Friday, September 15th. Three analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. Goldman Sachs Group presently has an average rating of “Hold” and a consensus target price of $244.65.

The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 2.82. The firm has a market capitalization of $92,750.00, a P/E ratio of 13.06, a P/E/G ratio of 1.27 and a beta of 1.46.

Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings data on Tuesday, October 17th. The investment management company reported $5.02 EPS for the quarter, beating the Zacks’ consensus estimate of $4.17 by $0.85. Goldman Sachs Group had a net margin of 26.42% and a return on equity of 11.34%. The company had revenue of $8.33 billion during the quarter, compared to the consensus estimate of $7.59 billion. During the same quarter in the prior year, the company posted $4.88 EPS. The company’s quarterly revenue was up 2.0% compared to the same quarter last year. research analysts anticipate that Goldman Sachs Group Inc will post 19.03 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th will be paid a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend is Wednesday, November 29th. Goldman Sachs Group’s dividend payout ratio is currently 15.58%.

In other news, insider David M. Solomon sold 12,707 shares of the company’s stock in a transaction dated Friday, November 24th. The shares were sold at an average price of $237.94, for a total transaction of $3,023,503.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Gregory K. Palm sold 4,620 shares of the company’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $238.99, for a total transaction of $1,104,133.80. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 135,177 shares of company stock valued at $32,435,160. Corporate insiders own 2.57% of the company’s stock.

Several large investors have recently modified their holdings of GS. Capital Growth Management LP grew its holdings in shares of Goldman Sachs Group by 4.7% during the 1st quarter. Capital Growth Management LP now owns 335,000 shares of the investment management company’s stock worth $76,956,000 after purchasing an additional 15,000 shares during the period. Nelson Van Denburg & Campbell Wealth Management Group LLC grew its holdings in shares of Goldman Sachs Group by 7.0% during the 1st quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 8,231 shares of the investment management company’s stock worth $1,850,000 after purchasing an additional 541 shares during the period. Bluestein R H & Co. grew its holdings in shares of Goldman Sachs Group by 863.6% during the 1st quarter. Bluestein R H & Co. now owns 12,045 shares of the investment management company’s stock worth $2,767,000 after purchasing an additional 10,795 shares during the period. Geode Capital Management LLC grew its holdings in shares of Goldman Sachs Group by 8.4% during the 1st quarter. Geode Capital Management LLC now owns 3,743,111 shares of the investment management company’s stock worth $858,692,000 after purchasing an additional 289,159 shares during the period. Finally, Global Endowment Management LP grew its holdings in shares of Goldman Sachs Group by 18.9% during the 1st quarter. Global Endowment Management LP now owns 2,140 shares of the investment management company’s stock worth $491,000 after purchasing an additional 340 shares during the period. Institutional investors and hedge funds own 73.35% of the company’s stock.

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Goldman Sachs Group 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.

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