Andra AP fonden lowered its stake in Goldman Sachs Group, Inc. (The) (NYSE:GS) by 8.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,500 shares of the investment management company’s stock after selling 2,100 shares during the quarter. Andra AP fonden’s holdings in Goldman Sachs Group, Inc. (The) were worth $5,100,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. Sumitomo Mitsui Financial Group Inc. acquired a new stake in Goldman Sachs Group, Inc. (The) in the 2nd quarter valued at about $101,000. WealthTrust Arizona LLC lifted its holdings in Goldman Sachs Group, Inc. (The) by 97.1% in the 2nd quarter. WealthTrust Arizona LLC now owns 469 shares of the investment management company’s stock valued at $104,000 after acquiring an additional 231 shares during the last quarter. Sterling Investment Advisors Ltd. lifted its holdings in Goldman Sachs Group, Inc. (The) by 35.7% in the 2nd quarter. Sterling Investment Advisors Ltd. now owns 475 shares of the investment management company’s stock valued at $105,000 after acquiring an additional 125 shares during the last quarter. Shine Investment Advisory Services Inc. acquired a new stake in Goldman Sachs Group, Inc. (The) in the 2nd quarter valued at about $111,000. Finally, Gs Investments Inc. acquired a new stake in Goldman Sachs Group, Inc. (The) in the 2nd quarter valued at about $111,000. 74.01% of the stock is owned by institutional investors and hedge funds.

A number of analysts have commented on GS shares. TheStreet raised shares of Goldman Sachs Group, Inc. (The) from a “c+” rating to a “b” rating in a research note on Friday, October 13th. J P Morgan Chase & Co set a $260.00 price objective on shares of Goldman Sachs Group, Inc. (The) and gave the company a “buy” rating in a research note on Friday, September 15th. Zacks Investment Research raised shares of Goldman Sachs Group, Inc. (The) from a “hold” rating to a “buy” rating and set a $271.00 price objective for the company in a research note on Friday, October 20th. BMO Capital Markets reaffirmed a “hold” rating and set a $202.00 price objective on shares of Goldman Sachs Group, Inc. (The) in a research note on Friday, October 6th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and set a $240.00 price objective on shares of Goldman Sachs Group, Inc. (The) in a research note on Thursday, August 31st. Three equities research 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 company’s stock. The stock has a consensus rating of “Hold” and an average price target of $245.06.

In other Goldman Sachs Group, Inc. (The) news, Vice Chairman Richard J. Gnodde sold 4,951 shares of the stock in a transaction that occurred on Wednesday, October 18th. The stock was sold at an average price of $239.95, for a total transaction of $1,187,992.45. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider David M. Solomon sold 2,400 shares of the stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $238.49, for a total value of $572,376.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 39,744 shares of company stock worth $9,697,984. Corporate insiders own 2.57% of the company’s stock.

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Goldman Sachs Group, Inc. (NYSE GS) opened at $238.13 on Tuesday. Goldman Sachs Group, Inc. has a twelve month low of $209.18 and a twelve month high of $255.15. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 2.82. The company has a market capitalization of $89,820.00, a P/E ratio of 12.40, a price-to-earnings-growth ratio of 1.21 and a beta of 1.48.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last announced its quarterly earnings results on Tuesday, October 17th. The investment management company reported $5.02 EPS for the quarter, beating the 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 the consensus estimate of $7.59 billion. During the same quarter last year, the company posted $4.88 earnings per share. The company’s revenue for the quarter was up 2.0% compared to the same quarter last year. equities research analysts forecast that Goldman Sachs Group, Inc. will post 19.03 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th will be issued a dividend of $0.75 per share. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $3.00 annualized dividend and a yield of 1.26%. Goldman Sachs Group, Inc. (The)’s dividend payout ratio (DPR) is presently 15.58%.

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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