Calamos Wealth Management LLC lifted its stake in shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) by 10.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 23,916 shares of the investment management company’s stock after buying an additional 2,308 shares during the quarter. Calamos Wealth Management LLC’s holdings in Goldman Sachs Group, Inc. (The) were worth $5,673,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Cibc World Markets Corp grew its position in Goldman Sachs Group, Inc. (The) by 47.5% in the 1st quarter. Cibc World Markets Corp now owns 253,888 shares of the investment management company’s stock valued at $58,323,000 after purchasing an additional 81,713 shares during the period. Cornerstone Capital Management Holdings LLC. grew its position in Goldman Sachs Group, Inc. (The) by 5.4% in the 1st quarter. Cornerstone Capital Management Holdings LLC. now owns 82,285 shares of the investment management company’s stock valued at $18,900,000 after purchasing an additional 4,196 shares during the period. Vident Investment Advisory LLC acquired a new stake in Goldman Sachs Group, Inc. (The) in the 1st quarter valued at $392,000. Dynamic Technology Lab Private Ltd acquired a new stake in Goldman Sachs Group, Inc. (The) in the 1st quarter valued at $988,000. Finally, Tredje AP fonden grew its position in Goldman Sachs Group, Inc. (The) by 5.4% in the 1st quarter. Tredje AP fonden now owns 31,692 shares of the investment management company’s stock valued at $7,280,000 after purchasing an additional 1,630 shares during the period. 74.41% of the stock is owned by institutional investors.

In related news, insider David M. Solomon sold 2,400 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $238.49, for a total transaction of $572,376.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director David A. Viniar sold 7,393 shares of the company’s stock in a transaction that occurred on Friday, October 20th. The shares were 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. In the last 90 days, insiders have sold 39,744 shares of company stock valued at $9,697,984. 2.57% of the stock is owned by corporate insiders.

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Shares of Goldman Sachs Group, Inc. (NYSE:GS) opened at $237.61 on Thursday. 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. has a 12-month low of $204.83 and a 12-month high of $255.15. The firm has a market capitalization of $89,487.29, a P/E ratio of 12.36, a price-to-earnings-growth ratio of 1.20 and a beta of 1.48.

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, 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 firm had revenue of $8.33 billion during the quarter, compared to the consensus estimate of $7.59 billion. During the same quarter in the previous year, the company posted $4.88 earnings per share. The business’s revenue was up 2.0% on a year-over-year basis. equities research analysts forecast that Goldman Sachs Group, Inc. will post 19.03 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders 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 yield of 1.26%. Goldman Sachs Group, Inc. (The)’s payout ratio is currently 15.63%.

Several analysts recently issued reports on GS shares. Zacks Investment Research downgraded shares of 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 price target on shares of Goldman Sachs Group, Inc. (The) and gave the company a “sell” rating in a research report on Thursday, October 19th. TheStreet raised shares of 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 report on Monday, October 9th. Finally, Morgan Stanley lifted their price objective on shares of Goldman Sachs Group, Inc. (The) from $265.00 to $287.00 and gave the stock an “overweight” rating in a report on Wednesday, October 18th. Three analysts have rated the stock with a sell rating, seventeen have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $245.06.

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.

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

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