Traders sold shares of Goldman Sachs Group Inc (NYSE:GS) on strength during trading hours on Monday after an insider sold shares in the company. $217.02 million flowed into the stock on the tick-up and $310.03 million flowed out of the stock on the tick-down, for a money net flow of $93.01 million out of the stock. Of all equities tracked, Goldman Sachs Group had the 25th highest net out-flow for the day. Goldman Sachs Group traded up $3.86 for the day and closed at $253.16Specifically, insider David M. Solomon sold 6,104 shares of Goldman Sachs Group stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $238.99, for a total transaction of $1,458,794.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Vice Chairman Richard J. Gnodde sold 5,718 shares of Goldman Sachs Group stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $238.99, for a total transaction of $1,366,544.82. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 167,843 shares of company stock valued at $41,855,427. 2.57% of the stock is currently owned by company insiders.

Several research analysts have commented on the stock. Morgan Stanley lifted their price target on shares of Goldman Sachs Group from $294.00 to $297.00 and gave the stock an “overweight” rating in a research note on Friday, February 2nd. Wells Fargo & Co reissued an “outperform” rating and set a $320.00 price target on shares of Goldman Sachs Group in a research note on Thursday, January 25th. Zacks Investment Research raised shares of Goldman Sachs Group from a “hold” rating to a “buy” rating and set a $291.00 price target on the stock in a research note on Tuesday, December 19th. Vertical Group raised shares of Goldman Sachs Group from a “hold” rating to a “buy” rating in a research note on Friday, December 29th. Finally, Barclays lifted their price target on shares of 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. Two research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Goldman Sachs Group presently has a consensus rating of “Hold” and an average price target of $256.75.

The company has a debt-to-equity ratio of 2.82, a current ratio of 0.90 and a quick ratio of 0.90. The company has a market cap of $95,490.00, a P/E ratio of 29.20, a P/E/G ratio of 0.90 and a beta of 1.37.

Goldman Sachs Group (NYSE:GS) last issued its earnings results 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. Goldman Sachs Group had a net margin of 13.36% and a return on equity of 11.47%. The company had revenue of $7.83 billion for the quarter, compared to the consensus estimate of $7.64 billion. During the same period in the previous year, the firm earned $5.08 earnings per share. The firm’s revenue for the quarter was down 4.2% on a year-over-year basis. equities research analysts expect that Goldman Sachs Group Inc will post 21.56 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Thursday, March 1st will be paid a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 1.19%. The ex-dividend date is Wednesday, February 28th. Goldman Sachs Group’s payout ratio is 34.60%.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Geller Family Office Services LLC increased its position in Goldman Sachs Group by 0.3% during the 2nd quarter. Geller Family Office Services LLC now owns 944 shares of the investment management company’s stock valued at $209,000 after purchasing an additional 3 shares during the period. FTB Advisors Inc. increased its position in Goldman Sachs Group by 0.3% during the 2nd quarter. FTB Advisors Inc. now owns 1,605 shares of the investment management company’s stock valued at $360,000 after purchasing an additional 5 shares during the period. King Luther Capital Management Corp increased its position in Goldman Sachs Group by 0.4% during the 2nd quarter. King Luther Capital Management Corp now owns 1,725 shares of the investment management company’s stock valued at $383,000 after purchasing an additional 7 shares during the period. Quadrant Capital Group LLC increased its position in Goldman Sachs Group by 1.5% during the 2nd quarter. Quadrant Capital Group LLC now owns 888 shares of the investment management company’s stock valued at $159,000 after purchasing an additional 13 shares during the period. Finally, Keel Point LLC increased its position in Goldman Sachs Group by 0.4% during the 2nd quarter. Keel Point LLC now owns 4,024 shares of the investment management company’s stock valued at $893,000 after purchasing an additional 18 shares during the period. 73.28% of the stock is currently owned by institutional investors.

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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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