Centaurus Financial Inc. raised its holdings in shares of Goldman Sachs Group Inc (NYSE:GS) by 35.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,780 shares of the investment management company’s stock after purchasing an additional 2,837 shares during the period. Centaurus Financial Inc.’s holdings in Goldman Sachs Group were worth $2,378,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Afam Capital Inc. raised its position in shares of Goldman Sachs Group by 1.7% in the 1st quarter. Afam Capital Inc. now owns 21,270 shares of the investment management company’s stock worth $5,357,000 after acquiring an additional 352 shares in the last quarter. Tyers Asset Management LLC raised its position in shares of Goldman Sachs Group by 31.6% in the 1st quarter. Tyers Asset Management LLC now owns 39,452 shares of the investment management company’s stock worth $9,936,000 after acquiring an additional 9,464 shares in the last quarter. Wallington Asset Management LLC raised its position in shares of Goldman Sachs Group by 2.0% in the 1st quarter. Wallington Asset Management LLC now owns 32,270 shares of the investment management company’s stock worth $8,128,000 after acquiring an additional 644 shares in the last quarter. Penserra Capital Management LLC raised its position in shares of Goldman Sachs Group by 63.3% in the 1st quarter. Penserra Capital Management LLC now owns 4,319 shares of the investment management company’s stock worth $1,086,000 after acquiring an additional 1,674 shares in the last quarter. Finally, Douglass Winthrop Advisors LLC raised its position in shares of Goldman Sachs Group by 6.2% in the 1st quarter. Douglass Winthrop Advisors LLC now owns 7,420 shares of the investment management company’s stock worth $1,869,000 after acquiring an additional 435 shares in the last quarter. 71.04% of the stock is owned by institutional investors and hedge funds.

GS stock opened at $228.33 on Friday. Goldman Sachs Group Inc has a twelve month low of $218.89 and a twelve month high of $275.31. The company has a debt-to-equity ratio of 3.02, a current ratio of 0.90 and a quick ratio of 0.90. The company has a market cap of $86.14 billion, a P/E ratio of 9.66, a P/E/G ratio of 0.72 and a beta of 1.27.

Goldman Sachs Group (NYSE:GS) last issued its earnings results on Tuesday, July 17th. The investment management company reported $5.98 EPS for the quarter, beating the consensus estimate of $4.66 by $1.32. Goldman Sachs Group had a return on equity of 13.58% and a net margin of 15.72%. The business had revenue of $9.40 billion for the quarter, compared to the consensus estimate of $8.74 billion. During the same period last year, the business posted $3.95 EPS. The company’s revenue was up 19.2% compared to the same quarter last year. equities research analysts forecast that Goldman Sachs Group Inc will post 24.92 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 27th. Shareholders of record on Thursday, August 30th will be paid a dividend of $0.80 per share. The ex-dividend date is Wednesday, August 29th. This represents a $3.20 annualized dividend and a yield of 1.40%. Goldman Sachs Group’s dividend payout ratio is 16.19%.

In other Goldman Sachs Group news, insider David M. Solomon sold 8,382 shares of the stock in a transaction on Wednesday, July 18th. The stock was sold at an average price of $232.08, for a total transaction of $1,945,294.56. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider David M. Solomon sold 8,488 shares of the stock in a transaction on Wednesday, August 1st. The shares were sold at an average price of $237.92, for a total value of $2,019,464.96. The disclosure for this sale can be found here. Company insiders own 2.57% of the company’s stock.

Several brokerages have recently issued reports on GS. Zacks Investment Research lowered Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 22nd. JPMorgan Chase & Co. reissued a “buy” rating and issued a $280.00 target price on shares of Goldman Sachs Group in a research report on Tuesday, June 12th. Keefe, Bruyette & Woods decreased their target price on Goldman Sachs Group from $260.00 to $255.00 and set a “hold” rating for the company in a research report on Wednesday, July 18th. Credit Suisse Group raised Goldman Sachs Group from a “neutral” rating to an “outperform” rating in a research report on Tuesday, July 17th. Finally, Oppenheimer raised their price objective on Goldman Sachs Group from $304.00 to $335.00 and gave the company an “outperform” rating in a research report on Wednesday, July 18th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have issued a buy rating to the stock. Goldman Sachs Group has a consensus rating of “Hold” and a consensus target price of $273.69.

Goldman Sachs Group Company Profile

The Goldman Sachs Group, Inc operates as an investment banking, securities, and investment management company worldwide. It operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs, and risk management; and underwriting services, such as debt and equity underwriting of public offerings and private placements of various securities and other financial instruments, as well as derivative transactions with public and private sector clients.

See Also: What Factors Can Affect Return on Equity?

Want to see what other hedge funds are holding GS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Goldman Sachs Group Inc (NYSE:GS).

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

Receive News & Ratings for Goldman Sachs Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goldman Sachs Group and related companies with MarketBeat.com's FREE daily email newsletter.