State of Wisconsin Investment Board increased its stake in shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) by 3.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 509,922 shares of the investment management company’s stock after buying an additional 16,971 shares during the period. State of Wisconsin Investment Board owned about 0.13% of Goldman Sachs Group, Inc. (The) worth $120,948,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Sumitomo Mitsui Financial Group Inc. acquired a new position in Goldman Sachs Group, Inc. (The) during the second quarter worth about $101,000. WealthTrust Arizona LLC raised its position in Goldman Sachs Group, Inc. (The) by 97.1% during the second quarter. WealthTrust Arizona LLC now owns 469 shares of the investment management company’s stock worth $104,000 after acquiring an additional 231 shares during the last quarter. Sterling Investment Advisors Ltd. raised its position in Goldman Sachs Group, Inc. (The) by 35.7% during the second quarter. Sterling Investment Advisors Ltd. now owns 475 shares of the investment management company’s stock worth $105,000 after acquiring an additional 125 shares during the last quarter. Shine Investment Advisory Services Inc. acquired a new position in Goldman Sachs Group, Inc. (The) during the second quarter worth about $111,000. Finally, Gs Investments Inc. acquired a new position in Goldman Sachs Group, Inc. (The) during the second quarter worth about $111,000. 74.01% of the stock is currently owned by hedge funds and other institutional investors.

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Goldman Sachs Group, Inc. (GS) opened at $236.43 on Thursday. The firm has a market cap of $89,781.51, a price-to-earnings ratio of 12.40, a PEG ratio of 1.21 and a beta of 1.48. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 2.82. Goldman Sachs Group, Inc. has a 52 week low of $209.37 and a 52 week high of $255.15.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last announced its earnings results on Tuesday, October 17th. The investment management company reported $5.02 earnings per share for the quarter, beating the consensus estimate of $4.17 by $0.85. The business had revenue of $8.33 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.88 earnings per share. analysts anticipate that Goldman Sachs Group, Inc. will post 19.03 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th will be paid a $0.75 dividend. The ex-dividend date is Wednesday, November 29th. This represents a $3.00 annualized dividend and a dividend yield of 1.27%. Goldman Sachs Group, Inc. (The)’s dividend payout ratio (DPR) is presently 15.63%.

In related news, EVP John F.W. Rogers sold 20,490 shares of the company’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $238.01, for a total value of $4,876,824.90. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider David M. Solomon sold 2,400 shares of the company’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $238.49, for a total transaction of $572,376.00. The disclosure for this sale can be found here. Insiders sold 122,470 shares of company stock valued at $29,411,656 over the last 90 days. Insiders own 2.57% of the company’s stock.

A number of equities analysts have recently weighed in on GS shares. Royal Bank Of Canada reissued a “hold” rating and issued a $240.00 price objective on shares of Goldman Sachs Group, Inc. (The) in a research report on Thursday, August 31st. Morgan Stanley boosted their price objective on shares of Goldman Sachs Group, Inc. (The) from $265.00 to $287.00 and gave the company an “overweight” rating in a research report on Wednesday, October 18th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $240.00 price objective on shares of Goldman Sachs Group, Inc. (The) in a research report on Thursday, October 19th. JMP Securities reissued a “market perform” rating on shares of Goldman Sachs Group, Inc. (The) in a research report on Wednesday, September 13th. Finally, J P Morgan Chase & Co set a $260.00 price objective on shares of Goldman Sachs Group, Inc. (The) and gave the company a “buy” rating in a research report on Friday, September 15th. Three investment analysts have rated the stock with a sell rating, seventeen have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. Goldman Sachs Group, Inc. (The) has an average rating of “Hold” and a consensus target price of $245.06.

Goldman Sachs Group, Inc. (The) Profile

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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