Schroder Investment Management Group boosted its position in shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) by 30.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 540,809 shares of the investment management company’s stock after buying an additional 127,168 shares during the period. Schroder Investment Management Group’s holdings in Goldman Sachs Group, Inc. (The) were worth $125,045,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. YorkBridge Wealth Partners LLC raised its stake in Goldman Sachs Group, Inc. (The) by 0.3% in the first quarter. YorkBridge Wealth Partners LLC now owns 640 shares of the investment management company’s stock worth $144,000 after buying an additional 2 shares in the last quarter. Israel Discount Bank of New York GFN purchased a new stake in Goldman Sachs Group, Inc. (The) during the fourth quarter worth approximately $158,000. Thomas J. Herzfeld Advisors Inc. purchased a new stake in Goldman Sachs Group, Inc. (The) during the fourth quarter worth approximately $166,000. Quadrant Capital Group LLC raised its stake in Goldman Sachs Group, Inc. (The) by 11.5% in the first quarter. Quadrant Capital Group LLC now owns 875 shares of the investment management company’s stock worth $192,000 after buying an additional 90 shares in the last quarter. Finally, Wealthsource Partners LLC purchased a new stake in Goldman Sachs Group, Inc. (The) during the first quarter worth approximately $207,000. 74.35% of the stock is currently owned by institutional investors.

Shares of Goldman Sachs Group, Inc. (NYSE:GS) opened at 228.60 on Monday. The stock has a 50 day moving average of $220.24 and a 200 day moving average of $232.67. The stock has a market cap of $93.57 billion, a P/E ratio of 12.16 and a beta of 1.42. Goldman Sachs Group, Inc. has a one year low of $155.37 and a one year high of $255.15.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last posted its quarterly earnings results on Tuesday, April 18th. The investment management company reported $5.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.31 by $0.16. The company had revenue of $8.03 billion during the quarter, compared to analysts’ expectations of $8.33 billion. Goldman Sachs Group, Inc. (The) had a return on equity of 11.26% and a net margin of 26.38%. Goldman Sachs Group, Inc. (The)’s revenue for the quarter was up 26.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.68 EPS. On average, analysts forecast that Goldman Sachs Group, Inc. will post $18.27 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, June 29th. Stockholders of record on Thursday, June 1st were given a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 1.31%. The ex-dividend date of this dividend was Tuesday, May 30th. This is a positive change from Goldman Sachs Group, Inc. (The)’s previous quarterly dividend of $0.65. Goldman Sachs Group, Inc. (The)’s payout ratio is currently 15.93%.

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A number of equities research analysts have recently commented on GS shares. Bank of America Corporation reduced their price objective on shares of Goldman Sachs Group, Inc. (The) from $275.00 to $265.00 and set a “buy” rating on the stock in a research note on Wednesday, April 19th. Credit Suisse Group reissued a “buy” rating on shares of Goldman Sachs Group, Inc. (The) in a research note on Wednesday, April 19th. Vetr raised shares of Goldman Sachs Group, Inc. (The) from a “hold” rating to a “buy” rating and set a $235.71 target price on the stock in a research note on Monday, March 27th. HSBC Holdings plc reissued a “buy” rating and set a $291.00 target price on shares of Goldman Sachs Group, Inc. (The) in a research note on Monday, March 27th. Finally, UBS AG reissued a “buy” rating and set a $285.00 target price on shares of Goldman Sachs Group, Inc. (The) in a research note on Wednesday, April 19th. Two equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. Goldman Sachs Group, Inc. (The) presently has an average rating of “Hold” and a consensus price target of $238.88.

Goldman Sachs Group, Inc. (The) Company Profile

The Goldman Sachs Group, Inc is an investment banking, securities and investment management company that provides a range of financial services to corporations, financial institutions, governments and individuals. The Company operates in four business segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management.

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Institutional Ownership by Quarter for Goldman Sachs Group, Inc. (The) (NYSE:GS)

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