Dynamic Technology Lab Private Ltd purchased a new stake in shares of Goldman Sachs Group Inc (NYSE:GS) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 3,291 shares of the investment management company’s stock, valued at approximately $632,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in GS. Vanguard Group Inc boosted its stake in shares of Goldman Sachs Group by 1.3% during the 3rd quarter. Vanguard Group Inc now owns 24,669,387 shares of the investment management company’s stock worth $5,531,864,000 after acquiring an additional 307,849 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its stake in shares of Goldman Sachs Group by 10.9% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 1,552 shares of the investment management company’s stock worth $259,000 after acquiring an additional 152 shares in the last quarter. First Mercantile Trust Co. boosted its stake in shares of Goldman Sachs Group by 69.0% during the 4th quarter. First Mercantile Trust Co. now owns 710 shares of the investment management company’s stock worth $119,000 after acquiring an additional 290 shares in the last quarter. Manchester Capital Management LLC boosted its stake in shares of Goldman Sachs Group by 2.6% during the 4th quarter. Manchester Capital Management LLC now owns 3,943 shares of the investment management company’s stock worth $870,000 after acquiring an additional 100 shares in the last quarter. Finally, Thompson Investment Management Inc. boosted its stake in shares of Goldman Sachs Group by 14.3% during the 4th quarter. Thompson Investment Management Inc. now owns 6,576 shares of the investment management company’s stock worth $1,098,000 after acquiring an additional 825 shares in the last quarter. Institutional investors own 68.52% of the company’s stock.

GS has been the subject of several recent analyst reports. Zacks Investment Research upgraded Goldman Sachs Group from a “strong sell” rating to a “hold” rating in a research note on Monday, February 18th. ValuEngine downgraded Goldman Sachs Group from a “sell” rating to a “strong sell” rating in a research note on Friday, March 1st. Oppenheimer upped their price target on Goldman Sachs Group from $302.00 to $312.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 26th. HSBC set a $202.00 price target on Goldman Sachs Group and gave the stock a “neutral” rating in a research note on Thursday, April 4th. Finally, Bank of America reiterated a “hold” rating and set a $212.00 price target on shares of Goldman Sachs Group in a research note on Monday, April 15th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $239.91.

Shares of NYSE:GS opened at $194.12 on Tuesday. Goldman Sachs Group Inc has a twelve month low of $151.70 and a twelve month high of $245.08. The company has a market cap of $69.44 billion, a P/E ratio of 7.68, a price-to-earnings-growth ratio of 1.22 and a beta of 1.27. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 2.84.

Goldman Sachs Group (NYSE:GS) last announced its earnings results on Monday, April 15th. The investment management company reported $5.71 earnings per share for the quarter, beating the consensus estimate of $4.74 by $0.97. Goldman Sachs Group had a return on equity of 12.79% and a net margin of 25.13%. The firm had revenue of $8.81 billion during the quarter, compared to the consensus estimate of $8.89 billion. During the same quarter in the prior year, the company earned $6.95 EPS. The firm’s revenue for the quarter was down 12.6% compared to the same quarter last year. On average, equities research analysts forecast that Goldman Sachs Group Inc will post 23.18 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 27th. Investors of record on Thursday, May 30th will be paid a dividend of $0.85 per share. This is an increase from Goldman Sachs Group’s previous quarterly dividend of $0.80. The ex-dividend date is Wednesday, May 29th. This represents a $3.40 annualized dividend and a yield of 1.75%. Goldman Sachs Group’s dividend payout ratio is presently 13.45%.

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Goldman Sachs Group Profile

The Goldman Sachs Group, Inc operates as an investment banking, securities, and investment management company worldwide. It operates in 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.

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

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