Autus Asset Management LLC boosted its holdings in Goldman Sachs Group, Inc. (The) (NYSE:GS) by 4.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,670 shares of the investment management company’s stock after acquiring an additional 530 shares during the quarter. Autus Asset Management LLC’s holdings in Goldman Sachs Group, Inc. (The) were worth $3,034,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of GS. WealthTrust Arizona LLC raised its position in Goldman Sachs Group, Inc. (The) by 97.1% in the second quarter. WealthTrust Arizona LLC now owns 469 shares of the investment management company’s stock worth $104,000 after acquiring an additional 231 shares in the last quarter. Shine Investment Advisory Services Inc. acquired a new stake in Goldman Sachs Group, Inc. (The) during the 2nd quarter worth about $111,000. First Personal Financial Services raised its holdings in Goldman Sachs Group, Inc. (The) by 230.2% during the 2nd quarter. First Personal Financial Services now owns 525 shares of the investment management company’s stock worth $116,000 after buying an additional 366 shares during the period. Parallel Advisors LLC raised its holdings in Goldman Sachs Group, Inc. (The) by 10.7% during the 1st quarter. Parallel Advisors LLC now owns 558 shares of the investment management company’s stock worth $126,000 after buying an additional 54 shares during the period. Finally, Security Asset Management acquired a new stake in Goldman Sachs Group, Inc. (The) during the 2nd quarter worth about $128,000. Hedge funds and other institutional investors own 73.31% of the company’s stock.

In other Goldman Sachs Group, Inc. (The) news, EVP John F.W. Rogers sold 17,685 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $235.02, for a total value of $4,156,328.70. Following the completion of the transaction, the executive vice president now directly owns 80,109 shares in the company, valued at $18,827,217.18. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider David M. Solomon sold 3,260 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $231.59, for a total value of $754,983.40. Following the completion of the transaction, the insider now owns 177,594 shares of the company’s stock, valued at $41,128,994.46. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,535 shares of company stock valued at $5,956,868. Corporate insiders own 2.57% of the company’s stock.

Several analysts have issued reports on the company. BMO Capital Markets restated a “hold” rating and set a $202.00 price objective on shares of Goldman Sachs Group, Inc. (The) in a report on Friday. Wells Fargo & Company assumed coverage on Goldman Sachs Group, Inc. (The) in a report on Wednesday, August 9th. They set an “outperform” rating and a $265.00 price objective on the stock. Zacks Investment Research downgraded Goldman Sachs Group, Inc. (The) from a “hold” rating to a “sell” rating in a report on Thursday, September 21st. Keefe, Bruyette & Woods restated an “outperform” rating on shares of Goldman Sachs Group, Inc. (The) in a report on Tuesday, July 4th. Finally, Deutsche Bank AG restated a “buy” rating on shares of Goldman Sachs Group, Inc. (The) in a report on Monday, July 3rd. Two investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $238.35.

Shares of Goldman Sachs Group, Inc. (GS) opened at 246.02 on Friday. The company has a 50 day moving average price of $227.81 and a 200 day moving average price of $224.94. Goldman Sachs Group, Inc. has a 52 week low of $165.51 and a 52 week high of $255.15. The company has a market cap of $95.51 billion, a PE ratio of 12.90 and a beta of 1.41.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last posted its quarterly earnings results on Tuesday, July 18th. The investment management company reported $3.95 earnings per share for the quarter, beating the Zacks’ consensus estimate of $3.39 by $0.56. The firm had revenue of $7.89 billion during the quarter, compared to the consensus estimate of $7.47 billion. Goldman Sachs Group, Inc. (The) had a return on equity of 11.27% and a net margin of 26.44%. The business’s revenue was down .6% compared to the same quarter last year. During the same period last year, the company earned $3.72 earnings per share. On average, equities analysts expect that Goldman Sachs Group, Inc. will post $18.17 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, September 28th. Shareholders of record on Thursday, August 31st were paid a $0.75 dividend. The ex-dividend date was Tuesday, August 29th. This represents a $3.00 dividend on an annualized basis and a yield of 1.22%. Goldman Sachs Group, Inc. (The)’s dividend payout ratio is 15.74%.

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About Goldman Sachs Group, Inc. (The)

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, Inc. (The) (NYSE:GS)

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