Neuberger Berman Group LLC lifted its stake in shares of Goldman Sachs Group Inc (NYSE:GS) by 0.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,340,096 shares of the investment management company’s stock after purchasing an additional 14,831 shares during the period. Goldman Sachs Group comprises about 0.7% of Neuberger Berman Group LLC’s investment portfolio, making the stock its 13th biggest holding. Neuberger Berman Group LLC owned about 0.62% of Goldman Sachs Group worth $555,048,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. NorthCoast Asset Management LLC lifted its holdings in Goldman Sachs Group by 729.6% in the first quarter. NorthCoast Asset Management LLC now owns 75,930 shares of the investment management company’s stock worth $17,443,000 after acquiring an additional 66,777 shares during the last quarter. Parallel Advisors LLC lifted its holdings in Goldman Sachs Group by 10.7% in the first quarter. Parallel Advisors LLC now owns 558 shares of the investment management company’s stock worth $126,000 after acquiring an additional 54 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Goldman Sachs Group by 3.7% in the first quarter. Dimensional Fund Advisors LP now owns 2,440,198 shares of the investment management company’s stock worth $560,573,000 after acquiring an additional 87,995 shares during the last quarter. Aureus Asset Management LLC lifted its holdings in Goldman Sachs Group by 13.6% in the first quarter. Aureus Asset Management LLC now owns 1,252 shares of the investment management company’s stock worth $281,000 after acquiring an additional 150 shares during the last quarter. Finally, Northside Capital Management LLC lifted its holdings in Goldman Sachs Group by 132.0% in the first quarter. Northside Capital Management LLC now owns 6,855 shares of the investment management company’s stock worth $1,575,000 after acquiring an additional 3,900 shares during the last quarter. 73.35% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have issued reports on the stock. Vertical Group raised shares of Goldman Sachs Group from a “sell” rating to a “hold” rating in a report on Friday, December 8th. Bank of America raised their price target on shares of Goldman Sachs Group from $290.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, December 7th. J P Morgan Chase & Co restated a “buy” rating on shares of Goldman Sachs Group in a research note on Monday, November 20th. Royal Bank of Canada restated a “hold” rating and issued a $240.00 price target on shares of Goldman Sachs Group in a research note on Wednesday, November 15th. Finally, Zacks Investment Research upgraded shares of Goldman Sachs Group from a “hold” rating to a “buy” rating and set a $273.00 price target on the stock in a research note on Tuesday, November 7th. Two analysts have rated the stock with a sell rating, seventeen have given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $246.10.

In related news, VP Gregory K. Palm sold 4,620 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $238.99, for a total value of $1,104,133.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director David A. Viniar sold 7,393 shares of the firm’s stock in a transaction that occurred on Friday, October 20th. The stock was sold at an average price of $245.18, for a total transaction of $1,812,615.74. The disclosure for this sale can be found here. Insiders sold a total of 135,177 shares of company stock valued at $32,435,160 in the last ninety days. Company insiders own 2.57% of the company’s stock.

Goldman Sachs Group Inc (GS) opened at $257.17 on Friday. Goldman Sachs Group Inc has a 52 week low of $209.62 and a 52 week high of $260.50. The company has a debt-to-equity ratio of 2.82, a current ratio of 0.90 and a quick ratio of 0.90. The company has a market cap of $97,005.04, a P/E ratio of 13.39, a P/E/G ratio of 1.30 and a beta of 1.47.

Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings data on Tuesday, October 17th. The investment management company reported $5.02 EPS for the quarter, topping analysts’ consensus estimates of $4.17 by $0.85. Goldman Sachs Group had a net margin of 26.42% and a return on equity of 11.34%. The firm had revenue of $8.33 billion during the quarter, compared to analyst estimates of $7.59 billion. During the same quarter last year, the business posted $4.88 EPS. The company’s revenue was up 2.0% on a year-over-year basis. analysts forecast that Goldman Sachs Group Inc will post 19.03 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Investors of record on Thursday, November 30th will be paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date is Wednesday, November 29th. Goldman Sachs Group’s dividend payout ratio is 15.63%.

ILLEGAL ACTIVITY NOTICE: “Goldman Sachs Group Inc (GS) Shares Bought by Neuberger Berman Group LLC” was published by Watch List News and is the sole property of of Watch List News. If you are accessing this piece on another publication, it was stolen and republished in violation of international copyright and trademark legislation. The correct version of this piece can be accessed at https://www.watchlistnews.com/goldman-sachs-group-inc-gs-shares-bought-by-neuberger-berman-group-llc/1769700.html.

About Goldman Sachs Group

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 (NYSE:GS)

Receive News & Ratings for Goldman Sachs Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goldman Sachs Group and related companies with Analyst Ratings Network's FREE daily email newsletter.