Traders purchased shares of Goldman Sachs Group Inc. (NYSE:GS) on weakness during trading on Thursday. $87.74 million flowed into the stock on the tick-up and $71.04 million flowed out of the stock on the tick-down, for a money net flow of $16.70 million into the stock. Of all companies tracked, Goldman Sachs Group had the 23rd highest net in-flow for the day. Goldman Sachs Group traded down ($0.46) for the day and closed at $160.53

Several research firms have recently commented on GS. Nomura reaffirmed a “buy” rating and issued a $197.00 price objective (up previously from $195.00) on shares of Goldman Sachs Group in a research note on Tuesday, July 19th. JMP Securities reaffirmed a “market perform” rating on shares of Goldman Sachs Group in a research note on Tuesday, April 19th. Vetr downgraded Goldman Sachs Group from a “hold” rating to a “sell” rating and set a $154.43 price objective on the stock. in a research note on Monday, July 18th. Royal Bank Of Canada raised their price objective on Goldman Sachs Group from $145.00 to $150.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 20th. Finally, RBC Capital Markets reaffirmed a “hold” rating and issued a $150.00 price objective (up previously from $145.00) on shares of Goldman Sachs Group in a research note on Wednesday, July 20th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and ten have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $179.71.

The company has a market capitalization of $67.72 billion and a PE ratio of 15.06. The company has a 50-day moving average of $152.39 and a 200-day moving average of $154.96.

Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Tuesday, July 19th. The investment management company reported $3.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.00 by $0.72. The company earned $7.93 billion during the quarter, compared to analysts’ expectations of $7.58 billion. During the same quarter last year, the company earned $1.98 earnings per share. On average, equities research analysts anticipate that Goldman Sachs Group Inc. will post $14.23 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 29th. Stockholders of record on Thursday, September 1st will be given a $0.65 dividend. The ex-dividend date of this dividend is Tuesday, August 30th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.64%.

Several large investors recently bought and sold shares of GS. Utah Retirement Systems raised its stake in Goldman Sachs Group by 0.3% in the fourth quarter. Utah Retirement Systems now owns 77,588 shares of the investment management company’s stock worth $13,984,000 after buying an additional 200 shares during the period. KBC Group NV raised its stake in Goldman Sachs Group by 29.4% in the fourth quarter. KBC Group NV now owns 83,824 shares of the investment management company’s stock worth $15,108,000 after buying an additional 19,061 shares during the period. Affinity Investment Advisors LLC raised its stake in Goldman Sachs Group by 1.1% in the fourth quarter. Affinity Investment Advisors LLC now owns 124,062 shares of the investment management company’s stock worth $22,360,000 after buying an additional 1,335 shares during the period. I.G. Investment Management LTD. raised its stake in Goldman Sachs Group by 105.0% in the fourth quarter. I.G. Investment Management LTD. now owns 26,175 shares of the investment management company’s stock worth $4,718,000 after buying an additional 13,405 shares during the period. Finally, Tradition Capital Management LLC raised its stake in Goldman Sachs Group by 1.6% in the fourth quarter. Tradition Capital Management LLC now owns 25,432 shares of the investment management company’s stock worth $4,583,000 after buying an additional 410 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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