ING Groep NV boosted its position in shares of Goldman Sachs Group Inc (NYSE:GS) by 3.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 218,233 shares of the investment management company’s stock after buying an additional 7,848 shares during the period. Goldman Sachs Group makes up about 0.9% of ING Groep NV’s portfolio, making the stock its 15th biggest holding. ING Groep NV’s holdings in Goldman Sachs Group were worth $55,597,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in GS. Janus Henderson Group PLC lifted its stake in shares of Goldman Sachs Group by 4,096.0% in the 2nd quarter. Janus Henderson Group PLC now owns 2,475,978 shares of the investment management company’s stock valued at $549,415,000 after purchasing an additional 2,416,970 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of Goldman Sachs Group by 47.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,602,847 shares of the investment management company’s stock valued at $799,472,000 after purchasing an additional 1,152,869 shares during the last quarter. Balyasny Asset Management LLC lifted its stake in shares of Goldman Sachs Group by 1,654.0% in the 2nd quarter. Balyasny Asset Management LLC now owns 1,034,680 shares of the investment management company’s stock valued at $229,595,000 after purchasing an additional 975,690 shares during the last quarter. Jennison Associates LLC lifted its stake in shares of Goldman Sachs Group by 15.1% in the 4th quarter. Jennison Associates LLC now owns 5,538,407 shares of the investment management company’s stock valued at $1,410,965,000 after purchasing an additional 727,698 shares during the last quarter. Finally, Capital World Investors lifted its stake in shares of Goldman Sachs Group by 10.5% in the 2nd quarter. Capital World Investors now owns 7,649,583 shares of the investment management company’s stock valued at $1,697,442,000 after purchasing an additional 726,582 shares during the last quarter. 73.52% of the stock is owned by institutional investors.

In other news, VP Gregory K. Palm sold 4,620 shares of Goldman Sachs Group stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $238.99, for a total value of $1,104,133.80. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider David M. Solomon sold 12,707 shares of Goldman Sachs Group stock in a transaction on Friday, November 24th. The shares were sold at an average price of $237.94, for a total value of $3,023,503.58. The disclosure for this sale can be found here. Insiders have sold a total of 158,414 shares of company stock worth $39,361,490 over the last 90 days. 2.57% of the stock is currently owned by company insiders.

A number of equities research analysts recently issued reports on GS shares. Instinet reissued an “outperform” rating and set a $225.00 price target (down from $238.00) on shares of Goldman Sachs Group in a research note on Thursday, January 4th. Zacks Investment Research lowered Goldman Sachs Group from a “buy” rating to a “hold” rating in a research note on Friday, November 3rd. Vining Sparks reissued a “hold” rating and set a $270.00 price target on shares of Goldman Sachs Group in a research note on Monday, January 8th. Barclays raised their price target on Goldman Sachs Group from $262.00 to $308.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 2nd. Finally, Societe Generale set a $198.00 price target on Goldman Sachs Group and gave the stock a “sell” rating in a research note on Thursday, October 19th. Two equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. Goldman Sachs Group presently has an average rating of “Hold” and an average price target of $256.20.

Goldman Sachs Group Inc (GS) opened at $257.10 on Thursday. The company has a market capitalization of $97,582.03, a price-to-earnings ratio of 29.86, a price-to-earnings-growth ratio of 0.93 and a beta of 1.37. Goldman Sachs Group Inc has a fifty-two week low of $209.62 and a fifty-two week high of $273.79. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 2.82.

Goldman Sachs Group (NYSE:GS) last released its quarterly earnings data on Wednesday, January 17th. The investment management company reported $5.68 EPS for the quarter, topping the consensus estimate of $4.90 by $0.78. The company had revenue of $7.83 billion for the quarter, compared to the consensus estimate of $7.64 billion. Goldman Sachs Group had a return on equity of 11.47% and a net margin of 13.36%. Goldman Sachs Group’s quarterly revenue was down 4.2% on a year-over-year basis. During the same period last year, the business posted $5.08 EPS. equities analysts predict that Goldman Sachs Group Inc will post 21.56 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Thursday, March 1st will be issued a dividend of $0.75 per share. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $3.00 annualized dividend and a yield of 1.17%. Goldman Sachs Group’s payout ratio is currently 34.84%.

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Goldman Sachs Group 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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Institutional Ownership by Quarter for Goldman Sachs Group (NYSE:GS)

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