Fort Washington Investment Advisors Inc. OH Sells 63,789 Shares of The Goldman Sachs Group, Inc. $GS

Fort Washington Investment Advisors Inc. OH cut its stake in The Goldman Sachs Group, Inc. (NYSE:GSFree Report) by 15.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 338,295 shares of the investment management company’s stock after selling 63,789 shares during the period. The Goldman Sachs Group accounts for 1.5% of Fort Washington Investment Advisors Inc. OH’s investment portfolio, making the stock its 13th largest holding. Fort Washington Investment Advisors Inc. OH owned about 0.11% of The Goldman Sachs Group worth $269,401,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in The Goldman Sachs Group by 17.1% in the fourth quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock valued at $1,989,000 after buying an additional 508 shares during the period. Revolve Wealth Partners LLC raised its position in shares of The Goldman Sachs Group by 7.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock worth $508,000 after acquiring an additional 58 shares in the last quarter. Panagora Asset Management Inc. raised its position in shares of The Goldman Sachs Group by 746.4% in the 1st quarter. Panagora Asset Management Inc. now owns 17,995 shares of the investment management company’s stock worth $9,830,000 after acquiring an additional 15,869 shares in the last quarter. Betterment LLC lifted its stake in shares of The Goldman Sachs Group by 4.0% in the 1st quarter. Betterment LLC now owns 595 shares of the investment management company’s stock valued at $325,000 after purchasing an additional 23 shares during the period. Finally, Flputnam Investment Management Co. boosted its position in shares of The Goldman Sachs Group by 3.5% during the 1st quarter. Flputnam Investment Management Co. now owns 1,167 shares of the investment management company’s stock valued at $638,000 after purchasing an additional 39 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

Key The Goldman Sachs Group News

Here are the key news stories impacting The Goldman Sachs Group this week:

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. UBS Group raised their target price on The Goldman Sachs Group from $762.00 to $805.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 7th. BMO Capital Markets assumed coverage on shares of The Goldman Sachs Group in a research report on Friday, October 3rd. They set a “market perform” rating and a $785.00 price objective for the company. Daiwa Capital Markets lifted their price objective on shares of The Goldman Sachs Group from $756.00 to $810.00 and gave the company a “neutral” rating in a research note on Wednesday, October 8th. Dbs Bank increased their target price on shares of The Goldman Sachs Group from $800.00 to $890.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Finally, BNP Paribas Exane lifted their price target on shares of The Goldman Sachs Group from $685.00 to $775.00 and gave the company a “neutral” rating in a research note on Friday, October 17th. Four analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, The Goldman Sachs Group currently has a consensus rating of “Hold” and a consensus price target of $792.67.

Get Our Latest Stock Report on The Goldman Sachs Group

The Goldman Sachs Group Stock Down 1.7%

The Goldman Sachs Group stock opened at $891.88 on Tuesday. The Goldman Sachs Group, Inc. has a 1-year low of $439.38 and a 1-year high of $919.10. The firm has a market capitalization of $267.50 billion, a price-to-earnings ratio of 18.12, a price-to-earnings-growth ratio of 1.19 and a beta of 1.36. The firm’s fifty day moving average price is $826.54 and its two-hundred day moving average price is $767.10. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 2.53.

The Goldman Sachs Group (NYSE:GSGet Free Report) last posted its earnings results on Tuesday, October 14th. The investment management company reported $12.25 EPS for the quarter, topping the consensus estimate of $10.27 by $1.98. The Goldman Sachs Group had a net margin of 13.18% and a return on equity of 15.29%. The company had revenue of $15.18 billion during the quarter, compared to the consensus estimate of $13.68 billion. During the same period in the previous year, the firm posted $8.40 earnings per share. The firm’s revenue for the quarter was up 19.5% on a year-over-year basis. On average, equities research analysts predict that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Tuesday, December 2nd will be issued a dividend of $4.00 per share. This represents a $16.00 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Tuesday, December 2nd. The Goldman Sachs Group’s payout ratio is currently 32.50%.

The Goldman Sachs Group Profile

(Free Report)

The Goldman Sachs Group, Inc is a global investment banking and financial services firm headquartered in New York City. Founded in 1869 as a commercial paper business, the company has grown into a diversified financial institution that provides a broad range of services to corporations, financial institutions, governments and individuals. The firm is led by Chief Executive Officer David M. Solomon and operates across major financial centers worldwide.

Goldman Sachs’ core businesses include investment banking, global markets, asset and wealth management, and consumer banking.

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

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