Canandaigua National Bank & Trust Co. decreased its position in Goldman Sachs Group, Inc. (The) (NYSE:GS) by 1.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,396 shares of the investment management company’s stock after selling 53 shares during the quarter. Canandaigua National Bank & Trust Co.’s holdings in Goldman Sachs Group, Inc. (The) were worth $1,197,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. YorkBridge Wealth Partners LLC boosted its position in Goldman Sachs Group, Inc. (The) by 0.3% during the first quarter. YorkBridge Wealth Partners LLC now owns 640 shares of the investment management company’s stock worth $144,000 after purchasing an additional 2 shares during the period. Chicago Partners Investment Group LLC boosted its position in Goldman Sachs Group, Inc. (The) by 0.3% during the first quarter. Chicago Partners Investment Group LLC now owns 1,052 shares of the investment management company’s stock worth $242,000 after purchasing an additional 3 shares during the period. MV Capital Management Inc. boosted its position in Goldman Sachs Group, Inc. (The) by 0.5% during the second quarter. MV Capital Management Inc. now owns 618 shares of the investment management company’s stock worth $137,000 after purchasing an additional 3 shares during the period. Lowe Brockenbrough & Co. Inc. boosted its position in Goldman Sachs Group, Inc. (The) by 0.7% during the second quarter. Lowe Brockenbrough & Co. Inc. now owns 912 shares of the investment management company’s stock worth $202,000 after purchasing an additional 6 shares during the period. Finally, Balasa Dinverno & Foltz LLC boosted its position in Goldman Sachs Group, Inc. (The) by 0.8% during the first quarter. Balasa Dinverno & Foltz LLC now owns 924 shares of the investment management company’s stock worth $212,000 after purchasing an additional 7 shares during the period. 73.31% of the stock is owned by institutional investors and hedge funds.

In other Goldman Sachs Group, Inc. (The) news, Director David A. Viniar sold 4,590 shares of Goldman Sachs Group, Inc. (The) stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $227.79, for a total value of $1,045,556.10. Following the completion of the transaction, the director now directly owns 854,925 shares of the company’s stock, valued at approximately $194,743,365.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John F.W. Rogers sold 17,685 shares of the business’s stock in a transaction 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 transaction, the executive vice president now directly owns 80,109 shares of the company’s stock, valued at approximately $18,827,217.18. The disclosure for this sale can be found here. Insiders sold a total of 25,535 shares of company stock valued at $5,956,868 over the last ninety days. Insiders own 2.57% of the company’s stock.

A number of equities research analysts have issued reports on GS shares. Deutsche Bank AG reaffirmed a “buy” rating on shares of Goldman Sachs Group, Inc. (The) in a research report on Monday, July 3rd. Zacks Investment Research raised Goldman Sachs Group, Inc. (The) from a “sell” rating to a “hold” rating in a research report on Tuesday, August 29th. Capital One Financial Corporation reaffirmed a “buy” rating on shares of Goldman Sachs Group, Inc. (The) in a research report on Tuesday, July 11th. UBS AG cut Goldman Sachs Group, Inc. (The) from a “buy” rating to a “neutral” rating and upped their target price for the stock from $220.19 to $230.00 in a research report on Monday, July 24th. Finally, J P Morgan Chase & Co reaffirmed a “buy” rating and set a $260.00 target price on shares of Goldman Sachs Group, Inc. (The) in a research report on Monday, June 26th. Two equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $237.04.

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Goldman Sachs Group, Inc. (NYSE GS) opened at 237.19 on Friday. The firm has a market capitalization of $92.08 billion, a price-to-earnings ratio of 12.44 and a beta of 1.42. The firm’s 50-day moving average price is $224.38 and its 200 day moving average price is $225.69. Goldman Sachs Group, Inc. has a 1-year low of $157.77 and a 1-year high of $255.15.

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 for the quarter, beating the Thomson Reuters’ consensus estimate of $3.39 by $0.56. The firm had revenue of $7.89 billion during the quarter, compared to analysts’ expectations 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 company’s quarterly revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.72 EPS. On average, analysts predict that Goldman Sachs Group, Inc. will post $18.17 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 28th. Shareholders of record on Thursday, August 31st were issued a $0.75 dividend. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $3.00 annualized dividend and a yield of 1.26%. Goldman Sachs Group, Inc. (The)’s dividend payout ratio is presently 15.74%.

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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