Bp Plc continued to hold its stake in shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,000 shares of the investment management company’s stock at the end of the 2nd quarter. Bp Plc’s holdings in Goldman Sachs Group, Inc. (The) were worth $9,536,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. MV Capital Management Inc. raised its holdings in Goldman Sachs Group, Inc. (The) by 0.5% in the second quarter. MV Capital Management Inc. now owns 618 shares of the investment management company’s stock valued at $137,000 after acquiring an additional 3 shares in the last quarter. Baxter Bros Inc. raised its holdings in Goldman Sachs Group, Inc. (The) by 13.5% in the second quarter. Baxter Bros Inc. now owns 17,451 shares of the investment management company’s stock valued at $3,872,000 after acquiring an additional 2,078 shares in the last quarter. Advisor Partners LLC raised its holdings in Goldman Sachs Group, Inc. (The) by 7.6% in the second quarter. Advisor Partners LLC now owns 7,053 shares of the investment management company’s stock valued at $1,565,000 after acquiring an additional 500 shares in the last quarter. Palisade Capital Management LLC NJ raised its holdings in Goldman Sachs Group, Inc. (The) by 10.2% in the second quarter. Palisade Capital Management LLC NJ now owns 3,141 shares of the investment management company’s stock valued at $697,000 after acquiring an additional 291 shares in the last quarter. Finally, Endurance Wealth Management Inc. increased its stake in Goldman Sachs Group, Inc. (The) by 35.8% in the second quarter. Endurance Wealth Management Inc. now owns 7,525 shares of the investment management company’s stock valued at $1,670,000 after purchasing an additional 1,982 shares during the last quarter. 73.38% of the stock is currently owned by hedge funds and other institutional investors.

Several brokerages have commented on GS. Wells Fargo & Company began coverage on shares of Goldman Sachs Group, Inc. (The) in a research note on Wednesday, August 9th. They issued an “outperform” rating and a $265.00 price target on the stock. Deutsche Bank AG reiterated a “buy” rating on shares of Goldman Sachs Group, Inc. (The) in a research note on Monday, July 3rd. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of Goldman Sachs Group, Inc. (The) in a research note on Tuesday, July 4th. Vetr lowered shares of Goldman Sachs Group, Inc. (The) from a “buy” rating to a “hold” rating and set a $233.49 price target on the stock. in a research note on Wednesday, June 14th. Finally, BidaskClub upgraded shares of Goldman Sachs Group, Inc. (The) from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. One analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $235.44.

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Shares of Goldman Sachs Group, Inc. (NYSE:GS) opened at 226.56 on Thursday. Goldman Sachs Group, Inc. has a 12-month low of $157.77 and a 12-month high of $255.15. The firm has a market cap of $87.95 billion, a P/E ratio of 11.88 and a beta of 1.42. The firm has a 50-day moving average price of $223.79 and a 200-day moving average price of $226.56.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last issued its quarterly earnings data on Tuesday, July 18th. The investment management company reported $3.95 EPS for the quarter, topping the Zacks’ consensus estimate of $3.39 by $0.56. The firm had revenue of $7.89 billion during the quarter, compared to the consensus estimate of $7.47 billion. Goldman Sachs Group, Inc. (The) had a return on equity of 11.27% and a net margin of 26.44%. The firm’s revenue was down .6% on a year-over-year basis. During the same period in the prior year, the business earned $3.72 EPS. On average, equities research analysts expect that Goldman Sachs Group, Inc. will post $18.23 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 28th. Investors of record on Thursday, August 31st will be paid a dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $3.00 dividend on an annualized basis and a yield of 1.32%. Goldman Sachs Group, Inc. (The)’s payout ratio is currently 15.74%.

In other news, EVP John F.W. Rogers sold 17,685 shares of the stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $235.02, for a total value of $4,156,328.70. Following the completion of the transaction, the executive vice president now owns 80,109 shares of the company’s stock, valued at $18,827,217.18. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director David A. Viniar sold 4,590 shares of the stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $227.79, for a total value of $1,045,556.10. Following the completion of the transaction, the director now directly owns 854,925 shares of the company’s stock, valued at approximately $194,743,365.75. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 25,535 shares of company stock valued at $5,956,868. 2.57% of the stock is owned by company insiders.

About Goldman Sachs Group, Inc. (The)

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.

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

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