Macquarie reiterated their outperform rating on shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) in a research note issued to investors on Thursday morning.

A number of other equities research analysts have also recently issued reports on the stock. Vetr cut shares of Goldman Sachs Group, Inc. (The) from a hold rating to a sell rating and set a $170.52 target price for the company. in a research report on Thursday, October 27th. Rafferty Capital Markets increased their target price on shares of Goldman Sachs Group, Inc. (The) from $191.00 to $227.00 and gave the stock a buy rating in a research report on Thursday, November 10th. HSBC Holdings plc started coverage on shares of Goldman Sachs Group, Inc. (The) in a research report on Monday, December 5th. They set a buy rating and a $250.00 target price for the company. Citigroup Inc. cut shares of Goldman Sachs Group, Inc. (The) from a buy rating to a neutral rating and increased their target price for the stock from $138.20 to $181.48 in a research report on Tuesday, November 8th. Finally, JMP Securities reiterated a market perform rating on shares of Goldman Sachs Group, Inc. (The) in a research report on Sunday, November 13th. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and fourteen have given a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of $214.63.

Shares of Goldman Sachs Group, Inc. (NYSE:GS) opened at 249.44 on Thursday. The company’s 50-day moving average is $239.54 and its 200 day moving average is $199.48. Goldman Sachs Group, Inc. has a 1-year low of $138.20 and a 1-year high of $251.95. The firm has a market capitalization of $103.47 billion, a price-to-earnings ratio of 15.31 and a beta of 1.50.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last announced its earnings results on Wednesday, January 18th. The investment management company reported $5.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.82 by $0.26. The business earned $8.17 billion during the quarter, compared to analysts’ expectations of $7.80 billion. Goldman Sachs Group, Inc. (The) had a net margin of 24.17% and a return on equity of 9.78%. The firm’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter last year, the company posted $4.68 EPS. On average, analysts expect that Goldman Sachs Group, Inc. will post $19.19 EPS for the current fiscal year.

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The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 30th. Stockholders of record on Thursday, March 2nd will be paid a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 1.04%. The ex-dividend date is Tuesday, February 28th. Goldman Sachs Group, Inc. (The)’s dividend payout ratio (DPR) is presently 15.89%.

In other news, Director James A. /Dc/ Johnson sold 11,600 shares of the firm’s stock in a transaction dated Thursday, January 19th. The shares were sold at an average price of $233.99, for a total value of $2,714,284.00. Following the transaction, the director now owns 11,600 shares of the company’s stock, valued at approximately $2,714,284. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider David M. Solomon sold 6,250 shares of the firm’s stock in a transaction dated Tuesday, February 7th. The shares were sold at an average price of $240.08, for a total transaction of $1,500,500.00. Following the completion of the transaction, the insider now directly owns 177,594 shares in the company, valued at approximately $42,636,767.52. The disclosure for this sale can be found here. Insiders sold a total of 122,991 shares of company stock worth $29,525,948 in the last ninety days. Insiders own 2.61% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GS. Tortoise Investment Management LLC raised its position in Goldman Sachs Group, Inc. (The) by 220.2% in the fourth quarter. Tortoise Investment Management LLC now owns 1,476 shares of the investment management company’s stock valued at $353,000 after buying an additional 1,015 shares during the last quarter. Thrivent Financial for Lutherans raised its position in Goldman Sachs Group, Inc. (The) by 37.4% in the fourth quarter. Thrivent Financial for Lutherans now owns 1,009,250 shares of the investment management company’s stock valued at $241,665,000 after buying an additional 274,810 shares during the last quarter. Pittenger & Anderson Inc. raised its position in Goldman Sachs Group, Inc. (The) by 1.1% in the fourth quarter. Pittenger & Anderson Inc. now owns 12,453 shares of the investment management company’s stock valued at $2,982,000 after buying an additional 133 shares during the last quarter. IFM Investors Pty Ltd purchased a new position in Goldman Sachs Group, Inc. (The) during the fourth quarter valued at $1,146,000. Finally, CAMG Solamere Management LLC purchased a new position in Goldman Sachs Group, Inc. (The) during the fourth quarter valued at $1,119,000. 72.77% of the stock is currently owned by institutional investors and hedge funds.

Goldman Sachs Group, Inc. (The) Company Profile

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.

5 Day Chart for NYSE:GS

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