Goldman Sachs Group Inc. (NYSE:GS)’s share price gapped up prior to trading on Monday . The stock had previously closed at $162.82, but opened at $163.25. Goldman Sachs Group shares last traded at $164.51, with a volume of 966,620 shares changing hands.

Several research firms recently commented on GS. Nomura reiterated 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. TheStreet upgraded Goldman Sachs Group from a “hold” rating to a “buy” rating in a research report on Friday, August 5th. JMP Securities restated a “market perform” rating on shares of Goldman Sachs Group in a research report on Tuesday, April 19th. Vetr downgraded Goldman Sachs Group from a “hold” rating to a “sell” rating and set a $154.43 target price on the stock. in a research report on Monday, August 8th. Finally, RBC Capital Markets restated a “hold” rating and set a $150.00 target price (up previously from $145.00) on shares of Goldman Sachs Group in a research report on Wednesday, July 20th. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $179.66.

The firm has a 50 day moving average price of $156.73 and a 200-day moving average price of $155.34. The stock has a market capitalization of $70.59 billion and a P/E ratio of 15.69.

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

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 29th. Shareholders of record on Thursday, September 1st will be paid a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 1.57%. The ex-dividend date is Tuesday, August 30th.

Other hedge funds recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Goldman Sachs Group by 5.7% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 15,112 shares of the investment management company’s stock valued at $2,724,000 after buying an additional 814 shares during the last quarter. Victory Capital Management Inc. boosted 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 valued at $64,536,000 after buying an additional 313,768 shares during the last quarter. Andra AP fonden boosted its stake in shares of Goldman Sachs Group by 0.9% in the fourth quarter. Andra AP fonden now owns 33,600 shares of the investment management company’s stock valued at $6,056,000 after buying an additional 300 shares during the last quarter. Agran Libbie boosted its stake in shares of Goldman Sachs Group by 1.2% in the fourth quarter. Agran Libbie now owns 30,291 shares of the investment management company’s stock valued at $5,459,000 after buying an additional 350 shares during the last quarter. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC boosted its stake in shares of Goldman Sachs Group by 3.7% in the fourth quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 5,891 shares of the investment management company’s stock valued at $1,062,000 after buying an additional 210 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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