Campbell Newman Asset Management Inc. maintained its stake in Goldman Sachs Group, Inc. (The) (NYSE:GS) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,126 shares of the investment management company’s stock at the end of the 2nd quarter. Campbell Newman Asset Management Inc.’s holdings in Goldman Sachs Group, Inc. (The) were worth $694,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in GS. BlackRock Inc. lifted its position in Goldman Sachs Group, Inc. (The) by 3,301.2% in the first quarter. BlackRock Inc. now owns 24,569,536 shares of the investment management company’s stock valued at $5,644,114,000 after acquiring an additional 23,847,154 shares during the last quarter. New England Asset Management Inc. increased its stake in Goldman Sachs Group, Inc. (The) by 440.8% in the first quarter. New England Asset Management Inc. now owns 2,331,063 shares of the investment management company’s stock valued at $535,492,000 after purchasing an additional 1,900,000 shares during the period. Alliancebernstein L.P. increased its stake in Goldman Sachs Group, Inc. (The) by 84.4% in the first quarter. Alliancebernstein L.P. now owns 3,221,215 shares of the investment management company’s stock valued at $739,978,000 after purchasing an additional 1,474,433 shares during the period. Harbour Capital Advisors LLC increased its stake in Goldman Sachs Group, Inc. (The) by 22,290.9% in the second quarter. Harbour Capital Advisors LLC now owns 1,113,050 shares of the investment management company’s stock valued at $5,016,000 after purchasing an additional 1,108,079 shares during the period. Finally, FMR LLC increased its stake in Goldman Sachs Group, Inc. (The) by 10.9% in the first quarter. FMR LLC now owns 10,995,425 shares of the investment management company’s stock valued at $2,525,869,000 after purchasing an additional 1,084,624 shares during the period. 73.31% of the stock is owned by hedge funds and other institutional investors.

Shares of Goldman Sachs Group, Inc. (NYSE:GS) opened at 246.02 on Friday. Goldman Sachs Group, Inc. has a one year low of $165.51 and a one year high of $255.15. The stock has a market cap of $95.51 billion, a P/E ratio of 12.90 and a beta of 1.41. The firm has a 50 day moving average of $227.81 and a 200 day moving average of $224.94.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last announced its quarterly earnings data on Tuesday, July 18th. The investment management company reported $3.95 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $3.39 by $0.56. The company had revenue of $7.89 billion for the quarter, compared to analysts’ expectations of $7.47 billion. Goldman Sachs Group, Inc. (The) had a net margin of 26.44% and a return on equity of 11.27%. The business’s revenue was down .6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.72 EPS. On average, equities research analysts predict that Goldman Sachs Group, Inc. will post $18.17 EPS for the current fiscal year.

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

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In other news, insider David M. Solomon sold 3,260 shares of Goldman Sachs Group, Inc. (The) 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 transaction, the insider now owns 177,594 shares of the company’s stock, valued at approximately $41,128,994.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David A. Viniar sold 4,590 shares of Goldman Sachs Group, Inc. (The) stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $227.79, for a total transaction of $1,045,556.10. Following the completion of the transaction, the director now directly owns 854,925 shares in the company, valued at approximately $194,743,365.75. The disclosure for this sale can be found here. Insiders sold a total of 25,535 shares of company stock worth $5,956,868 in the last ninety days. Corporate insiders own 2.57% of the company’s stock.

GS has been the topic of a number of recent research reports. Capital One Financial Corporation restated a “buy” rating on shares of Goldman Sachs Group, Inc. (The) in a research note on Tuesday, July 11th. Deutsche Bank AG restated a “buy” rating on shares of Goldman Sachs Group, Inc. (The) in a research note on Monday, July 3rd. J P Morgan Chase & Co restated a “buy” rating and issued a $260.00 price objective on shares of Goldman Sachs Group, Inc. (The) in a research note on Monday, June 26th. TheStreet lowered shares of Goldman Sachs Group, Inc. (The) from a “b” rating to a “c+” rating in a research note on Thursday, September 7th. Finally, Royal Bank Of Canada restated a “hold” rating and issued a $240.00 price objective on shares of Goldman Sachs Group, Inc. (The) in a research note on Friday, June 23rd. Two equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $238.87.

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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