Goldman Sachs Group Inc. (NYSE:GS)’s share price traded up 2.7% during trading on Thursday . The company traded as high as $162.28 and last traded at $162.20, with a volume of 2,472,562 shares traded. The stock had previously closed at $157.92.

A number of equities analysts have recently commented on the stock. JMP Securities reaffirmed a “market perform” rating on shares of Goldman Sachs Group in a report on Tuesday, April 19th. Nomura Holdings Inc. reduced their price objective on shares of Goldman Sachs Group from $206.00 to $200.00 and set a “buy” rating for the company in a report on Wednesday, April 20th. Zacks Investment Research raised shares of Goldman Sachs Group from a “strong sell” rating to a “hold” rating in a report on Thursday, May 5th. Vetr downgraded shares of Goldman Sachs Group from a “buy” rating to a “hold” rating and set a $164.40 price objective for the company. in a report on Monday, April 4th. Finally, Societe Generale set a $120.00 price objective on shares of Goldman Sachs Group and gave the stock a “sell” rating in a report on Friday, May 6th. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and nine have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $178.89.

The stock has a market capitalization of $71.06 billion and a PE ratio of 18.38. The stock’s 50-day moving average price is $151.03 and its 200 day moving average price is $155.84.

Goldman Sachs Group (NYSE:GS) last released its earnings results on Tuesday, April 19th. The investment management company reported $2.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.45 by $0.23. During the same quarter in the previous year, the company earned $5.94 EPS. The company earned $6.34 billion during the quarter, compared to analysts’ expectations of $7.24 billion. The firm’s quarterly revenue was down 40.3% compared to the same quarter last year. On average, equities analysts forecast that Goldman Sachs Group Inc. will post $13.58 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 29th. Shareholders of record on Wednesday, June 1st were given a $0.65 dividend. The ex-dividend date of this dividend was Friday, May 27th. This represents a $2.60 dividend on an annualized basis and a yield of 1.60%.

In other Goldman Sachs Group news, insider Sarah G. Smith sold 2,664 shares of the stock in a transaction that occurred on Wednesday, April 20th. The shares were sold at an average price of $162.00, for a total value of $431,568.00. Following the completion of the sale, the insider now owns 13,075 shares in the company, valued at approximately $2,118,150. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Other hedge funds and institutional investors have made changes to their positions in the company. 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 valued at $2,474,000 after buying an additional 44 shares during the period. LS Investment Advisors LLC raised its position in shares of Goldman Sachs Group by 0.8% in the fourth quarter. LS Investment Advisors LLC now owns 10,914 shares of the investment management company’s stock valued at $1,967,000 after buying an additional 87 shares during the period. Wetherby Asset Management Inc. raised its position in shares of Goldman Sachs Group by 1.5% in the fourth quarter. Wetherby Asset Management Inc. now owns 7,000 shares of the investment management company’s stock valued at $1,261,000 after buying an additional 102 shares during the period. Advantus Capital Management Inc raised its position in shares of Goldman Sachs Group by 0.3% in the fourth quarter. Advantus Capital Management Inc now owns 37,932 shares of the investment management company’s stock valued at $6,836,000 after buying an additional 102 shares during the period. Finally, Sigma Investment Counselors Inc. raised its position in shares of Goldman Sachs Group by 0.8% in the fourth quarter. Sigma Investment Counselors Inc. now owns 14,652 shares of the investment management company’s stock valued at $2,641,000 after buying an additional 122 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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