Traders sold shares of Goldman Sachs Group Inc. (NYSE:GS) on strength during trading hours on Monday. $65.88 million flowed into the stock on the tick-up and $96.26 million flowed out of the stock on the tick-down, for a money net flow of $30.38 million out of the stock. Of all companies tracked, Goldman Sachs Group had the 0th highest net out-flow for the day. Goldman Sachs Group traded up $0.10 for the day and closed at $160.51

A number of research firms have recently commented on GS. BMO Capital Markets reaffirmed an “outperform” rating and set a $214.00 target price (up previously from $197.00) on shares of Goldman Sachs Group in a research note on Friday. Royal Bank Of Canada upped their target price on Goldman Sachs Group from $145.00 to $150.00 and gave the company a “sector perform” rating in a research note on Wednesday, July 20th. RBC Capital Markets reaffirmed a “hold” rating and set a $150.00 target price (up previously from $145.00) on shares of Goldman Sachs Group in a research note on Wednesday, July 20th. Nomura reaffirmed a “buy” rating and set a $197.00 target price (up previously from $195.00) on shares of Goldman Sachs Group in a research note on Tuesday, July 19th. Finally, Vetr cut Goldman Sachs Group from a “hold” rating to a “sell” rating and set a $154.43 target price on the stock. in a research note on Monday, July 18th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eleven have issued a buy rating to the stock. Goldman Sachs Group currently has a consensus rating of “Hold” and an average price target of $180.20.

The firm has a 50 day moving average of $151.78 and a 200 day moving average of $154.95. The company has a market cap of $68.44 billion and a P/E ratio of 15.22.

Goldman Sachs Group (NYSE:GS) last released its quarterly earnings results on Tuesday, July 19th. The investment management company reported $3.72 earnings per share for the quarter, beating the Zacks’ consensus estimate of $3.00 by $0.72. The firm had revenue of $7.93 billion for the quarter, compared to analyst estimates of $7.58 billion. During the same period in the previous year, the business posted $1.98 earnings per share. On average, analysts anticipate that Goldman Sachs Group Inc. will post $14.20 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 29th. Investors of record on Thursday, September 1st will be issued a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date of this dividend is Tuesday, August 30th.

A number of hedge funds and institutional investors recently bought and sold shares of the stock. Pinnacle Associates Ltd. increased its position in Goldman Sachs Group by 1.1% in the fourth quarter. Pinnacle Associates Ltd. now owns 43,651 shares of the investment management company’s stock worth $7,867,000 after buying an additional 457 shares during the period. Private Advisor Group LLC increased its position in Goldman Sachs Group by 24.9% in the fourth quarter. Private Advisor Group LLC now owns 11,386 shares of the investment management company’s stock worth $2,052,000 after buying an additional 2,269 shares during the period. Mizuho Trust & Banking Co. Ltd. increased its position in Goldman Sachs Group by 0.3% in the fourth quarter. Mizuho Trust & Banking Co. Ltd. now owns 602,068 shares of the investment management company’s stock worth $109,582,000 after buying an additional 1,972 shares during the period. Baxter Bros Inc. increased its position in 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 during the period. Finally, Baillie Gifford & Co. increased its position in Goldman Sachs Group by 2.8% in the fourth quarter. Baillie Gifford & Co. now owns 76,801 shares of the investment management company’s stock worth $13,842,000 after buying an additional 2,114 shares during the period.

The Goldman Sachs Group, Inc is a bank holding company and a financial holding company. The Company operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Company’s Investment Banking segment provides financial advisory services, which include advisory assignments with respect to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs and risk management.

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