Investors purchased shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) on weakness during trading hours on Tuesday. $136.29 million flowed into the stock on the tick-up and $102.50 million flowed out of the stock on the tick-down, for a money net flow of $33.79 million into the stock. Of all equities tracked, Goldman Sachs Group, Inc. (The) had the 8th highest net in-flow for the day. Goldman Sachs Group, Inc. (The) traded down ($0.11) for the day and closed at $238.02

A number of brokerages have weighed in on GS. Credit Suisse Group lowered shares of Goldman Sachs Group, Inc. (The) from an “outperform” rating to a “neutral” rating and lifted their price target for the company from $240.00 to $255.00 in a research note on Monday, October 9th. They noted that the move was a valuation call. Royal Bank Of Canada reissued a “hold” rating and issued a $240.00 price objective on shares of Goldman Sachs Group, Inc. (The) in a research report on Thursday, August 31st. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $240.00 price objective on shares of Goldman Sachs Group, Inc. (The) in a research report on Thursday, October 19th. BMO Capital Markets boosted their price objective on shares of Goldman Sachs Group, Inc. (The) from $202.00 to $217.00 and gave the stock a “market perform” rating in a research report on Wednesday, October 18th. Finally, Zacks Investment Research lowered shares of Goldman Sachs Group, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Friday, November 3rd. 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 given a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $245.06.

The firm has a market capitalization of $89,740.00, a P/E ratio of 12.40, a PEG ratio of 1.21 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 posted its earnings results on Tuesday, October 17th. The investment management company reported $5.02 EPS for the quarter, topping analysts’ consensus estimates of $4.17 by $0.85. The firm had revenue of $8.33 billion during the quarter, compared to analysts’ expectations of $7.59 billion. Goldman Sachs Group, Inc. (The) had a net margin of 26.42% and a return on equity of 11.34%. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.88 earnings per share. equities research analysts forecast that Goldman Sachs Group, Inc. will post 19.03 earnings per share for the current fiscal year.

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

In other Goldman Sachs Group, Inc. (The) news, 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 transaction of $572,376.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Vice Chairman Richard J. Gnodde sold 4,951 shares of the stock in a transaction that occurred on Wednesday, October 18th. The shares were sold at an average price of $239.95, for a total transaction of $1,187,992.45. The disclosure for this sale can be found here. Insiders have sold a total of 39,744 shares of company stock valued at $9,697,984 in the last three months. Insiders own 2.57% of the company’s stock.

Several hedge funds have recently made changes to their positions in the company. Suffolk Capital Management LLC grew its position in Goldman Sachs Group, Inc. (The) by 16.3% in the 1st quarter. Suffolk Capital Management LLC now owns 64,600 shares of the investment management company’s stock valued at $14,840,000 after purchasing an additional 9,054 shares during the period. O Shaughnessy Asset Management LLC grew its position in Goldman Sachs Group, Inc. (The) by 1,124.6% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 12,968 shares of the investment management company’s stock valued at $2,979,000 after purchasing an additional 11,909 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives bought a new position in Goldman Sachs Group, Inc. (The) during the 1st quarter valued at $2,090,000. Chicago Partners Investment Group LLC lifted its stake in 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. Finally, ZWJ Investment Counsel Inc. lifted its stake in Goldman Sachs Group, Inc. (The) by 57.4% during the 1st quarter. ZWJ Investment Counsel Inc. now owns 5,382 shares of the investment management company’s stock valued at $1,236,000 after acquiring an additional 1,962 shares in the last quarter. 74.01% of the stock is owned by institutional investors.

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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.

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