Goldman Sachs Group Inc. (NYSE:GS) shares gapped up before the market opened on Monday . The stock had previously closed at $149.92, but opened at $150.38. Goldman Sachs Group shares last traded at $152.20, with a volume of 1,567,816 shares.

Several brokerages have recently issued reports on GS. Wells Fargo & Co. reiterated a “hold” rating on shares of Goldman Sachs Group in a report on Saturday. Vetr downgraded shares of Goldman Sachs Group from a “buy” rating to a “hold” rating and set a $153.68 price target for the company. in a report on Monday. Barclays PLC reiterated an “equal weight” rating and set a $210.00 price target on shares of Goldman Sachs Group in a report on Sunday. Oppenheimer Holdings Inc. reiterated an “outperform” rating and set a $214.00 price target (down from $243.00) on shares of Goldman Sachs Group in a report on Wednesday, July 6th. Finally, Zacks Investment Research downgraded shares of Goldman Sachs Group from a “buy” rating to a “hold” rating in a report on Thursday, June 30th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and nine have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $180.94.

The stock has a market capitalization of $66.54 billion and a PE ratio of 17.21. The company’s 50 day moving average is $150.98 and its 200-day moving average is $155.81.

Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings data on Tuesday, April 19th. The investment management company reported $2.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.45 by $0.23. The business had revenue of $6.34 billion for the quarter, compared to analysts’ expectations of $7.24 billion. During the same quarter in the prior year, the firm earned $5.94 earnings per share. Goldman Sachs Group’s revenue for the quarter was down 40.3% compared to the same quarter last year. Equities research analysts forecast that Goldman Sachs Group Inc. will post $13.73 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 29th. Shareholders of record on Wednesday, June 1st were issued a dividend of $0.65 per share. The ex-dividend date of this dividend was Friday, May 27th. This represents a $2.60 annualized dividend and a yield of 1.71%.

In other Goldman Sachs Group news, insider Sarah G. Smith sold 2,664 shares of Goldman Sachs Group stock in a transaction that occurred on Wednesday, April 20th. The stock was sold at an average price of $162.00, for a total transaction of $431,568.00. Following the sale, the insider now directly owns 13,075 shares in the company, valued at approximately $2,118,150. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Several large investors have recently modified their holdings of the stock. Eaton Vance Management increased its stake in shares of Goldman Sachs Group by 31.4% in the fourth quarter. Eaton Vance Management now owns 1,441,166 shares of the investment management company’s stock worth $259,741,000 after buying an additional 344,014 shares during the period. Victory Capital Management Inc. increased its stake in shares of Goldman Sachs Group by 708.2% in the fourth quarter. Victory Capital Management Inc. now owns 358,075 shares of the investment management company’s stock worth $64,536,000 after buying an additional 313,768 shares during the period. Winton Capital Group Ltd increased its stake in shares of Goldman Sachs Group by 81.9% in the fourth quarter. Winton Capital Group Ltd now owns 636,057 shares of the investment management company’s stock worth $114,637,000 after buying an additional 286,349 shares during the period. Harris Associates L P increased its stake in shares of Goldman Sachs Group by 5.7% in the fourth quarter. Harris Associates L P now owns 4,564,829 shares of the investment management company’s stock worth $822,720,000 after buying an additional 246,758 shares during the period. Finally, Tukman Grossman Capital Management Inc. increased its stake in shares of Goldman Sachs Group by 36.9% in the fourth quarter. Tukman Grossman Capital Management Inc. now owns 792,350 shares of the investment management company’s stock worth $142,805,000 after buying an additional 213,500 shares during the period.

The Goldman Sachs Group, Inc is a bank holding company and a financial holding company. The Company is a global investment banking, securities and investment management company that provides a range of financial services to a diversified client base that include corporations, financial institutions, Governments and individuals.

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