CAPROCK Group Inc. boosted its stake in shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) by 11.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,346 shares of the investment management company’s stock after buying an additional 245 shares during the period. CAPROCK Group Inc.’s holdings in Goldman Sachs Group, Inc. (The) were worth $556,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the stock. Whittier Trust Co. increased its position in Goldman Sachs Group, Inc. (The) by 2.2% during the 3rd quarter. Whittier Trust Co. now owns 52,552 shares of the investment management company’s stock valued at $12,465,000 after buying an additional 1,141 shares in the last quarter. Alpha Cubed Investments LLC increased its position in Goldman Sachs Group, Inc. (The) by 14.5% during the 3rd quarter. Alpha Cubed Investments LLC now owns 13,695 shares of the investment management company’s stock valued at $3,248,000 after buying an additional 1,734 shares in the last quarter. Farmers & Merchants Investments Inc. increased its position in Goldman Sachs Group, Inc. (The) by 2.4% during the 3rd quarter. Farmers & Merchants Investments Inc. now owns 9,516 shares of the investment management company’s stock valued at $2,257,000 after buying an additional 221 shares in the last quarter. First Financial Bank Trust Division increased its position in Goldman Sachs Group, Inc. (The) by 2.5% during the 3rd quarter. First Financial Bank Trust Division now owns 15,501 shares of the investment management company’s stock valued at $3,677,000 after buying an additional 380 shares in the last quarter. Finally, Rockefeller Financial Services Inc. increased its position in Goldman Sachs Group, Inc. (The) by 8.7% during the 3rd quarter. Rockefeller Financial Services Inc. now owns 7,829 shares of the investment management company’s stock valued at $1,857,000 after buying an additional 625 shares in the last quarter. 74.41% of the stock is owned by institutional investors.

A number of analysts have commented on GS shares. Keefe, Bruyette & Woods lowered Goldman Sachs Group, Inc. (The) from an “outperform” rating to a “market perform” rating and reduced their target price for the stock from $260.00 to $240.00 in a report on Wednesday, July 19th. Oppenheimer Holdings, Inc. lifted their target price on Goldman Sachs Group, Inc. (The) from $251.00 to $256.00 and gave the stock an “outperform” rating in a report on Wednesday, July 19th. Berenberg Bank reissued a “sell” rating and issued a $190.00 target price on shares of Goldman Sachs Group, Inc. (The) in a report on Friday, July 21st. UBS AG lowered Goldman Sachs Group, Inc. (The) from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $220.19 to $230.00 in a report on Monday, July 24th. Finally, BidaskClub lowered Goldman Sachs Group, Inc. (The) from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th. Three research analysts have rated the stock with a sell rating, seventeen have issued a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. Goldman Sachs Group, Inc. (The) has a consensus rating of “Hold” and a consensus price target of $245.06.

In other news, Vice Chairman Richard J. Gnodde sold 4,951 shares of Goldman Sachs Group, Inc. (The) stock in a transaction dated Wednesday, October 18th. The stock was sold at an average price of $239.95, for a total value of $1,187,992.45. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director David A. Viniar sold 7,393 shares of Goldman Sachs Group, Inc. (The) stock in a transaction dated Friday, October 20th. The stock was sold at an average price of $245.18, for a total value of $1,812,615.74. The disclosure for this sale can be found here. Insiders sold 37,344 shares of company stock worth $9,125,608 over the last 90 days. Company insiders own 2.57% of the company’s stock.

Goldman Sachs Group, Inc. (GS) opened at $240.15 on Monday. Goldman Sachs Group, Inc. has a 52-week low of $198.25 and a 52-week high of $255.15. The company has a market capitalization of $90,584.94, a PE ratio of 12.51, a PEG ratio of 1.22 and a beta of 1.48. The company has a debt-to-equity ratio of 2.82, a current ratio of 0.90 and a quick ratio of 0.90.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last announced its quarterly earnings data on Tuesday, October 17th. The investment management company reported $5.02 EPS for the quarter, beating 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 business had revenue of $8.33 billion for the quarter, compared to the consensus estimate of $7.59 billion. During the same period in the previous year, the business earned $4.88 earnings per share. The business’s revenue was up 2.0% on a year-over-year basis. sell-side analysts predict that Goldman Sachs Group, Inc. will post 19.03 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th will be given a $0.75 dividend. 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 payout ratio is 15.63%.

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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.

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

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