Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its position in Goldman Sachs Group, Inc. (The) (NYSE:GS) by 85.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 133,340 shares of the investment management company’s stock after purchasing an additional 61,538 shares during the quarter. Goldman Sachs Group, Inc. (The) accounts for about 0.7% of Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings, making the stock its 28th largest holding. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Goldman Sachs Group, Inc. (The) were worth $29,588,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of GS. Waldron LP purchased a new position in shares of Goldman Sachs Group, Inc. (The) in the 1st quarter worth about $277,000. Swedbank boosted its holdings in shares of Goldman Sachs Group, Inc. (The) by 14.4% in the 1st quarter. Swedbank now owns 404,675 shares of the investment management company’s stock worth $92,962,000 after purchasing an additional 51,077 shares in the last quarter. Exane Derivatives boosted its holdings in shares of Goldman Sachs Group, Inc. (The) by 9.4% in the 1st quarter. Exane Derivatives now owns 2,113 shares of the investment management company’s stock worth $485,000 after purchasing an additional 181 shares in the last quarter. North Star Investment Management Corp. boosted its holdings in shares of Goldman Sachs Group, Inc. (The) by 19.5% in the 1st quarter. North Star Investment Management Corp. now owns 2,896 shares of the investment management company’s stock worth $665,000 after purchasing an additional 472 shares in the last quarter. Finally, Northeast Financial Consultants Inc boosted its holdings in shares of Goldman Sachs Group, Inc. (The) by 1.8% in the 1st quarter. Northeast Financial Consultants Inc now owns 2,830 shares of the investment management company’s stock worth $650,000 after purchasing an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 73.38% of the company’s stock.

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Several brokerages recently weighed in on GS. Wells Fargo & Company began coverage on Goldman Sachs Group, Inc. (The) in a report on Wednesday, August 9th. They set an “outperform” rating and a $265.00 target price for the company. Deutsche Bank AG restated a “buy” rating on shares of Goldman Sachs Group, Inc. (The) in a report on Monday, July 3rd. Keefe, Bruyette & Woods restated an “outperform” rating on shares of Goldman Sachs Group, Inc. (The) in a report on Tuesday, July 4th. J P Morgan Chase & Co set a $260.00 target price on Goldman Sachs Group, Inc. (The) and gave the company a “buy” rating in a report on Friday. Finally, Vetr cut Goldman Sachs Group, Inc. (The) from a “buy” rating to a “hold” rating and set a $233.49 target price for the company. in a report on Wednesday, June 14th. One investment analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $235.44.

In other news, insider David M. Solomon sold 3,260 shares of Goldman Sachs Group, Inc. (The) stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $231.59, for a total transaction of $754,983.40. Following the completion of the sale, the insider now owns 177,594 shares of the company’s stock, valued at $41,128,994.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP John F.W. Rogers sold 17,685 shares of Goldman Sachs Group, Inc. (The) stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $235.02, for a total transaction of $4,156,328.70. Following the sale, the executive vice president now directly owns 80,109 shares of the company’s stock, valued at approximately $18,827,217.18. The disclosure for this sale can be found here. Insiders have sold 25,535 shares of company stock valued at $5,956,868 in the last ninety days. Insiders own 2.57% of the company’s stock.

Goldman Sachs Group, Inc. (GS) opened at 225.22 on Friday. The company has a market cap of $87.43 billion, a price-to-earnings ratio of 11.81 and a beta of 1.42. The stock has a 50 day moving average price of $224.17 and a 200 day moving average price of $226.39. Goldman Sachs Group, Inc. has a 12 month low of $157.77 and a 12 month high of $255.15.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last posted its quarterly earnings results on Tuesday, July 18th. The investment management company reported $3.95 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $3.39 by $0.56. Goldman Sachs Group, Inc. (The) had a net margin of 26.44% and a return on equity of 11.27%. The firm had revenue of $7.89 billion during the quarter, compared to the consensus estimate of $7.47 billion. During the same quarter in the previous year, the firm posted $3.72 earnings per share. The company’s revenue was down .6% on a year-over-year basis. Analysts anticipate that Goldman Sachs Group, Inc. will post $18.18 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 28th. Stockholders of record on Thursday, August 31st will be paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 1.33%. The ex-dividend date of this dividend is Tuesday, August 29th. Goldman Sachs Group, Inc. (The)’s dividend payout ratio is presently 15.74%.

Goldman Sachs Group, Inc. (The) 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.

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

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