Traders sold shares of Goldman Sachs Group Inc. (NYSE:GS) on strength during trading hours on Tuesday. $165.91 million flowed into the stock on the tick-up and $206.17 million flowed out of the stock on the tick-down, for a money net flow of $40.26 million out of the stock. Of all stocks tracked, Goldman Sachs Group had the 0th highest net out-flow for the day. Goldman Sachs Group traded up $4.73 for the day and closed at $156.92

A number of research firms recently weighed in on GS. Deutsche Bank AG restated a “hold” rating on shares of Goldman Sachs Group in a research note on Saturday, March 19th. Vetr upgraded Goldman Sachs Group from a “buy” rating to a “strong-buy” rating and set a $178.94 price target on the stock in a research note on Thursday, May 5th. Wells Fargo & Co. restated a “hold” rating on shares of Goldman Sachs Group in a research note on Saturday. Oppenheimer Holdings Inc. reiterated an “outperform” rating and set a $214.00 price objective (down previously from $243.00) on shares of Goldman Sachs Group in a research report on Wednesday, July 6th. Finally, Zacks Investment Research cut Goldman Sachs Group from a “buy” rating to a “hold” rating in a research report on Thursday, June 30th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and nine have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $180.94.

The company has a market capitalization of $68.61 billion and a P/E ratio of 17.75. The stock has a 50-day moving average price of $151.02 and a 200 day moving average price of $155.82.

Goldman Sachs Group (NYSE:GS) last released its quarterly earnings data on Tuesday, April 19th. The investment management company reported $2.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.45 by $0.23. During the same quarter in the previous year, the firm posted $5.94 earnings per share. The company had revenue of $6.34 billion for the quarter, compared to the consensus estimate of $7.24 billion. The business’s revenue for the quarter was down 40.3% compared to the same quarter last year. Analysts predict that Goldman Sachs Group Inc. will post $13.61 EPS for the current fiscal year.

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

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

Other institutional investors have made changes to their positions in the company. Tower Research Capital LLC TRC raised its position in shares of Goldman Sachs Group by 2,755.1% in the fourth quarter. Tower Research Capital LLC TRC now owns 6,738 shares of the investment management company’s stock worth $1,214,000 after buying an additional 6,502 shares in the last quarter. Winton Capital Group Ltd raised its position 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 in the last quarter. Baxter Bros Inc. raised its position in shares of Goldman Sachs Group by 24.6% in the fourth quarter. Baxter Bros Inc. now owns 12,617 shares of the investment management company’s stock worth $2,274,000 after buying an additional 2,489 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Goldman Sachs Group by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 21,842,123 shares of the investment management company’s stock worth $3,936,606,000 after buying an additional 179,275 shares in the last quarter. Finally, Bollard Group LLC raised its position in shares of Goldman Sachs Group by 0.3% in the fourth quarter. Bollard Group LLC now owns 13,727 shares of the investment management company’s stock worth $2,474,000 after buying an additional 44 shares in the last quarter.

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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