Investors purchased shares of Goldman Sachs Group Inc. (NYSE:GS) on weakness during trading on Wednesday. $124.34 million flowed into the stock on the tick-up and $83.25 million flowed out of the stock on the tick-down, for a money net flow of $41.09 million into the stock. Of all stocks tracked, Goldman Sachs Group had the 3rd highest net in-flow for the day. Goldman Sachs Group traded down ($0.17) for the day and closed at $160.99

A number of research analysts recently weighed in on GS shares. JMP Securities reaffirmed a “market perform” rating on shares of Goldman Sachs Group in a research report on Tuesday, April 19th. Deutsche Bank AG reaffirmed a “hold” rating on shares of Goldman Sachs Group in a research report on Tuesday, April 12th. Oppenheimer Holdings Inc. raised their target price on shares of Goldman Sachs Group from $222.00 to $223.00 and gave the company an “outperform” rating in a research report on Wednesday. Morgan Stanley raised shares of Goldman Sachs Group from a “neutral” rating to a “buy” rating in a research report on Friday, May 20th. Finally, JPMorgan Chase & Co. set a $163.00 target price on shares of Goldman Sachs Group and gave the company a “buy” rating in a research report on Monday, June 27th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $179.71.

The firm has a market cap of $68.65 billion and a PE ratio of 15.27. The firm has a 50 day moving average price of $152.06 and a 200-day moving average price of $154.97.

Goldman Sachs Group (NYSE:GS) last issued its earnings results on Tuesday, July 19th. The investment management company reported $3.72 earnings per share for the quarter, topping analysts’ consensus estimates of $3.00 by $0.72. The business had revenue of $7.93 billion for the quarter, compared to the consensus estimate of $7.58 billion. During the same quarter in the prior year, the business earned $1.98 EPS. On average, equities research analysts predict that Goldman Sachs Group Inc. will post $14.24 earnings per share for the current fiscal year.

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

Other large investors have recently made changes to their positions in the company. 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 last quarter. 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 last quarter. 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 last quarter. 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 last quarter. Finally, Morgan Stanley increased its stake in shares of Goldman Sachs Group by 4.2% in the fourth quarter. Morgan Stanley now owns 2,961,361 shares of the investment management company’s stock worth $533,726,000 after buying an additional 118,117 shares during the last quarter.

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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