Rockefeller Financial Services Inc. boosted its stake in Goldman Sachs Group, Inc. (The) (NYSE:GS) by 8.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,829 shares of the investment management company’s stock after acquiring an additional 625 shares during the quarter. Rockefeller Financial Services Inc.’s holdings in Goldman Sachs Group, Inc. (The) were worth $1,857,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Chicago Partners Investment Group LLC raised its position in shares of Goldman Sachs Group, Inc. (The) by 0.3% during the 1st quarter. Chicago Partners Investment Group LLC now owns 1,052 shares of the investment management company’s stock valued at $242,000 after acquiring an additional 3 shares in the last quarter. MV Capital Management Inc. raised its position in shares of Goldman Sachs Group, Inc. (The) by 0.5% during the 2nd 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. Geller Family Office Services LLC raised its position in shares of Goldman Sachs Group, Inc. (The) by 0.3% during the 2nd quarter. Geller Family Office Services LLC now owns 944 shares of the investment management company’s stock valued at $209,000 after acquiring an additional 3 shares in the last quarter. Hudock Capital Group LLC raised its position in shares of Goldman Sachs Group, Inc. (The) by 0.4% during the 2nd quarter. Hudock Capital Group LLC now owns 1,134 shares of the investment management company’s stock valued at $251,000 after acquiring an additional 4 shares in the last quarter. Finally, FTB Advisors Inc. raised its position in shares of Goldman Sachs Group, Inc. (The) by 0.3% during the 2nd quarter. FTB Advisors Inc. now owns 1,605 shares of the investment management company’s stock valued at $360,000 after acquiring an additional 5 shares in the last quarter. Hedge funds and other institutional investors own 73.14% of the company’s stock.

Shares of Goldman Sachs Group, Inc. (NYSE GS) opened at $240.15 on Friday. Goldman Sachs Group, Inc. has a fifty-two week low of $198.25 and a fifty-two week high of $255.15. The firm has a market capitalization of $90,585.05, a P/E ratio of 12.51, a PEG ratio of 1.22 and a beta of 1.48. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 2.82.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last announced its quarterly earnings data on Tuesday, October 17th. The investment management company reported $5.02 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $4.17 by $0.85. Goldman Sachs Group, Inc. (The) had a return on equity of 11.34% and a net margin of 26.42%. The company had revenue of $8.33 billion for the quarter, compared to analyst estimates of $7.59 billion. During the same quarter last year, the firm earned $4.88 EPS. Goldman Sachs Group, Inc. (The)’s revenue for the quarter was up 2.0% compared to the same quarter last year. research analysts expect that Goldman Sachs Group, Inc. will post 19.03 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 28th. Investors of record on Thursday, November 30th will be given a dividend of $0.75 per share. The ex-dividend date is Wednesday, November 29th. This represents a $3.00 annualized dividend and a dividend yield of 1.25%. Goldman Sachs Group, Inc. (The)’s dividend payout ratio (DPR) is presently 15.63%.

In related news, Director David A. Viniar sold 7,393 shares of the firm’s stock in a transaction that occurred on Friday, October 20th. The stock was sold at an average price of $245.18, for a total transaction of $1,812,615.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Vice Chairman Richard J. Gnodde sold 4,951 shares of the firm’s stock in a transaction that occurred on Wednesday, October 18th. The stock was sold at an average price of $239.95, for a total value of $1,187,992.45. The disclosure for this sale can be found here. Insiders have sold a total of 37,344 shares of company stock valued at $9,125,608 in the last 90 days. 2.57% of the stock is owned by corporate insiders.

GS has been the topic of several analyst reports. Zacks Investment Research lowered Goldman Sachs Group, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Friday, November 3rd. Societe Generale set a $198.00 target price on Goldman Sachs Group, Inc. (The) and gave the stock a “sell” rating in a research report on Thursday, October 19th. TheStreet raised Goldman Sachs Group, Inc. (The) from a “c+” rating to a “b” rating in a research report on Friday, October 13th. Citigroup Inc. reissued a “neutral” rating and issued a $250.00 price target (up previously from $225.00) on shares of Goldman Sachs Group, Inc. (The) in a research note on Monday, October 9th. Finally, Morgan Stanley increased their price target on Goldman Sachs Group, Inc. (The) from $265.00 to $287.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 18th. Three research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and an average price target of $245.06.

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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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