Donaldson Capital Management LLC increased its position in Goldman Sachs Group, Inc. (The) (NYSE:GS) by 1.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,417 shares of the investment management company’s stock after acquiring an additional 69 shares during the period. Donaldson Capital Management LLC’s holdings in Goldman Sachs Group, Inc. (The) were worth $980,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the stock. BlackRock Inc. grew its position in Goldman Sachs Group, Inc. (The) by 3,301.2% in the 1st quarter. BlackRock Inc. now owns 24,569,536 shares of the investment management company’s stock valued at $5,644,114,000 after buying an additional 23,847,154 shares in the last quarter. New England Asset Management Inc. grew its position in Goldman Sachs Group, Inc. (The) by 440.8% in the 1st 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 buying an additional 1,900,000 shares in the last quarter. Alliancebernstein L.P. grew its position in Goldman Sachs Group, Inc. (The) by 84.4% in the 1st quarter. Alliancebernstein L.P. now owns 3,221,215 shares of the investment management company’s stock valued at $739,978,000 after buying an additional 1,474,433 shares in the last quarter. Harbour Capital Advisors LLC grew its position in Goldman Sachs Group, Inc. (The) by 22,290.9% in the 2nd quarter. Harbour Capital Advisors LLC now owns 1,113,050 shares of the investment management company’s stock valued at $5,016,000 after buying an additional 1,108,079 shares in the last quarter. Finally, FMR LLC grew its position in Goldman Sachs Group, Inc. (The) by 10.9% in the 1st quarter. FMR LLC now owns 10,995,425 shares of the investment management company’s stock valued at $2,525,869,000 after buying an additional 1,084,624 shares in the last quarter. 73.31% of the stock is currently owned by institutional investors and hedge funds.

In related news, EVP John F.W. Rogers sold 17,685 shares of the business’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 approximately $18,827,217.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David A. Viniar sold 4,590 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The shares were 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 owns 854,925 shares of the company’s stock, valued at $194,743,365.75. The disclosure for this sale can be found here. Insiders have sold a total of 25,535 shares of company stock valued at $5,956,868 over the last 90 days. Corporate insiders own 2.57% of the company’s stock.

Shares of Goldman Sachs Group, Inc. (NYSE GS) opened at 229.79 on Thursday. The stock has a market capitalization of $89.21 billion, a price-to-earnings ratio of 12.05 and a beta of 1.42. The stock has a 50 day moving average of $224.38 and a 200-day moving average of $225.69. Goldman Sachs Group, Inc. has a 52-week low of $157.77 and a 52-week high of $255.15.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last posted its earnings results 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 during the quarter, compared to analyst estimates 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 revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the previous year, the company earned $3.72 EPS. On average, equities research analysts predict that Goldman Sachs Group, Inc. will post $18.18 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 28th. Stockholders of record on Thursday, August 31st will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $3.00 annualized dividend and a dividend yield of 1.31%. Goldman Sachs Group, Inc. (The)’s payout ratio is currently 15.74%.

A number of brokerages recently issued reports on GS. J P Morgan Chase & Co set a $260.00 target price on shares of Goldman Sachs Group, Inc. (The) and gave the company a “buy” rating in a research report on Friday, September 15th. JMP Securities reiterated a “market perform” rating on shares of Goldman Sachs Group, Inc. (The) in a research report on Wednesday, September 13th. TheStreet lowered shares of Goldman Sachs Group, Inc. (The) from a “b” rating to a “c+” rating in a research report on Thursday, September 7th. Royal Bank Of Canada reiterated a “hold” rating and issued a $240.00 target price on shares of Goldman Sachs Group, Inc. (The) in a research report on Thursday, August 31st. Finally, Zacks Investment Research upgraded shares of Goldman Sachs Group, Inc. (The) from a “sell” rating to a “hold” rating in a research report on Tuesday, August 29th. One investment analyst has rated the stock with a sell rating, eighteen have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $235.44.

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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.

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

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