Investors bought shares of Goldman Sachs Group Inc. (NYSE:GS) on weakness during trading hours on Tuesday. $77.22 million flowed into the stock on the tick-up and $63.55 million flowed out of the stock on the tick-down, for a money net flow of $13.67 million into the stock. Of all equities tracked, Goldman Sachs Group had the 21st highest net in-flow for the day. Goldman Sachs Group traded down ($0.18) for the day and closed at $166.08

Several analysts recently issued reports on the stock. TheStreet raised shares of Goldman Sachs Group from a “hold” rating to a “buy” rating in a research note on Friday, August 5th. Oppenheimer Holdings Inc. upped their price objective on shares of Goldman Sachs Group from $222.00 to $223.00 and gave the company an “outperform” rating in a research note on Wednesday, July 27th. Morgan Stanley raised shares of Goldman Sachs Group from a “neutral” rating to a “buy” rating in a research note on Friday, May 20th. JPMorgan Chase & Co. set a $163.00 price objective on shares of Goldman Sachs Group and gave the company a “buy” rating in a research note on Monday, June 27th. Finally, Deutsche Bank AG reaffirmed a “hold” rating on shares of Goldman Sachs Group in a research note on Sunday, June 26th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $180.26.

The company has a market cap of $70.82 billion and a PE ratio of 15.74. The company’s 50-day moving average price is $159.93 and its 200-day moving average price is $155.75.

Goldman Sachs Group (NYSE:GS) last announced its quarterly 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 business had revenue of $7.93 billion for the quarter, compared to analyst estimates of $7.58 billion. During the same period last year, the firm earned $1.98 earnings per share. On average, analysts predict that Goldman Sachs Group Inc. will post $14.30 earnings per share for the current fiscal year.

The firm also recently declared 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 of this dividend is Tuesday, August 30th. This represents a $2.60 dividend on an annualized basis and a yield of 1.57%.

A number of hedge funds and institutional investors have made changes to their positions in GS. Marshall Wace LLP boosted its position in shares of Goldman Sachs Group by 417.6% in the fourth quarter. Marshall Wace LLP now owns 8,095 shares of the investment management company’s stock worth $1,459,000 after buying an additional 6,531 shares during the period. Autus Asset Management LLC boosted its position in shares of Goldman Sachs Group by 7.7% in the fourth quarter. Autus Asset Management LLC now owns 9,393 shares of the investment management company’s stock worth $1,693,000 after buying an additional 670 shares during the period. I.G. Investment Management LTD. boosted its position in shares of 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. KBC Group NV boosted its position in shares of 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. Finally, Farr Miller & Washington LLC DC boosted its position in shares of Goldman Sachs Group by 0.5% in the fourth quarter. Farr Miller & Washington LLC DC now owns 109,224 shares of the investment management company’s stock worth $19,685,000 after buying an additional 501 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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