Adviser Investments LLC boosted its stake in shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) by 51.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,075 shares of the investment management company’s stock after buying an additional 2,400 shares during the quarter. Adviser Investments LLC’s holdings in Goldman Sachs Group, Inc. (The) were worth $1,678,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of GS. Chicago Partners Investment Group LLC lifted its holdings in shares of Goldman Sachs Group, Inc. (The) by 0.3% in the first quarter. Chicago Partners Investment Group LLC now owns 1,052 shares of the investment management company’s stock valued at $242,000 after purchasing an additional 3 shares in the last quarter. MV Capital Management Inc. lifted its holdings in shares of Goldman Sachs Group, Inc. (The) by 0.5% in the second quarter. MV Capital Management Inc. now owns 618 shares of the investment management company’s stock valued at $137,000 after purchasing an additional 3 shares in the last quarter. Geller Family Office Services LLC lifted its holdings in shares of Goldman Sachs Group, Inc. (The) by 0.3% in the second quarter. Geller Family Office Services LLC now owns 944 shares of the investment management company’s stock valued at $209,000 after purchasing an additional 3 shares in the last quarter. Hudock Capital Group LLC lifted its holdings in shares of Goldman Sachs Group, Inc. (The) by 0.4% in the second quarter. Hudock Capital Group LLC now owns 1,134 shares of the investment management company’s stock valued at $251,000 after purchasing an additional 4 shares in the last quarter. Finally, FTB Advisors Inc. lifted its holdings in shares of Goldman Sachs Group, Inc. (The) by 0.3% in the second quarter. FTB Advisors Inc. now owns 1,605 shares of the investment management company’s stock valued at $360,000 after purchasing an additional 5 shares in the last quarter. Institutional investors own 74.41% of the company’s stock.

Shares of Goldman Sachs Group, Inc. (NYSE:GS) opened at $240.15 on Monday. The firm has a market cap of $90,584.94, a price-to-earnings ratio of 12.51, a P/E/G ratio of 1.22 and a beta of 1.48. Goldman Sachs Group, Inc. has a fifty-two week low of $198.25 and a fifty-two week high of $255.15. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 2.82.

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

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Investors of record on Thursday, November 30th will be issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend is Wednesday, November 29th. Goldman Sachs Group, Inc. (The)’s payout ratio is 15.63%.

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Several analysts have issued reports on the stock. HSBC Holdings plc downgraded shares of Goldman Sachs Group, Inc. (The) from a “buy” rating to a “hold” rating and upped their price target for the company from $223.80 to $250.00 in a report on Friday, August 11th. Buckingham Research reissued a “neutral” rating and set a $250.00 price objective (up previously from $243.00) on shares of Goldman Sachs Group, Inc. (The) in a research note on Wednesday, October 18th. Zacks Investment Research downgraded shares of Goldman Sachs Group, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Friday, November 3rd. Wells Fargo & Company initiated coverage on shares of Goldman Sachs Group, Inc. (The) in a research note on Wednesday, August 9th. They set an “outperform” rating and a $265.00 price objective on the stock. Finally, Vertical Group downgraded shares of Goldman Sachs Group, Inc. (The) from a “hold” rating to a “sell” rating in a research note on Monday, November 6th. Three equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. Goldman Sachs Group, Inc. (The) has an average rating of “Hold” and an average target price of $245.06.

In related news, insider Harvey M. Schwartz sold 25,000 shares of the firm’s stock in a transaction on Friday, October 20th. The shares were sold at an average price of $245.00, for a total transaction of $6,125,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Vice Chairman Richard J. Gnodde sold 4,951 shares of the firm’s stock in a transaction on Wednesday, October 18th. The shares were sold at an average price of $239.95, for a total transaction of $1,187,992.45. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 37,344 shares of company stock valued at $9,125,608. Company insiders own 2.57% of the company’s stock.

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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