Oakbrook Investments LLC lessened its stake in shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) by 23.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 22,125 shares of the investment management company’s stock after selling 6,700 shares during the period. Oakbrook Investments LLC’s holdings in Goldman Sachs Group, Inc. (The) were worth $5,248,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Chicago Partners Investment Group LLC boosted its holdings in shares of Goldman Sachs Group, Inc. (The) by 0.3% in the 1st quarter. Chicago Partners Investment Group LLC now owns 1,052 shares of the investment management company’s stock valued at $242,000 after acquiring an additional 3 shares during the last quarter. MV Capital Management Inc. boosted its holdings in shares of Goldman Sachs Group, Inc. (The) by 0.5% in the 2nd quarter. MV Capital Management Inc. now owns 618 shares of the investment management company’s stock valued at $137,000 after acquiring an additional 3 shares during the last quarter. Geller Family Office Services LLC boosted its holdings in shares of Goldman Sachs Group, Inc. (The) by 0.3% in the 2nd quarter. Geller Family Office Services LLC now owns 944 shares of the investment management company’s stock valued at $209,000 after acquiring an additional 3 shares during the last quarter. Hudock Capital Group LLC boosted its holdings in shares of Goldman Sachs Group, Inc. (The) by 0.4% in the 2nd quarter. Hudock Capital Group LLC now owns 1,134 shares of the investment management company’s stock valued at $251,000 after acquiring an additional 4 shares during the last quarter. Finally, FTB Advisors Inc. boosted its holdings in shares of Goldman Sachs Group, Inc. (The) by 0.3% in the 2nd quarter. FTB Advisors Inc. now owns 1,605 shares of the investment management company’s stock valued at $360,000 after acquiring an additional 5 shares during the last quarter. 73.14% of the stock is currently owned by institutional investors.

In other Goldman Sachs Group, Inc. (The) news, Director David A. Viniar sold 7,393 shares of the stock in a transaction dated Friday, October 20th. The shares were sold at an average price of $245.18, for a total transaction of $1,812,615.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Vice Chairman Richard J. Gnodde sold 4,951 shares of the stock in a transaction dated Wednesday, October 18th. The stock was 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. In the last ninety days, insiders have sold 37,344 shares of company stock valued at $9,125,608. 2.57% of the stock is currently owned by insiders.

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Shares of Goldman Sachs Group, Inc. (NYSE:GS) opened at $240.15 on Friday. Goldman Sachs Group, Inc. has a 12-month low of $198.25 and a 12-month high of $255.15. The stock has a market cap of $90,585.05, a PE ratio of 12.51, a P/E/G ratio of 1.22 and a beta of 1.48. The company has a debt-to-equity ratio of 2.82, a quick ratio of 0.89 and a current ratio of 0.90.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last released its quarterly earnings data on Tuesday, October 17th. The investment management company reported $5.02 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $4.17 by $0.85. Goldman Sachs Group, Inc. (The) 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 analysts’ expectations of $7.59 billion. During the same period last year, the business earned $4.88 earnings per share. Goldman Sachs Group, Inc. (The)’s revenue was up 2.0% compared to the same quarter last year. analysts predict that Goldman Sachs Group, Inc. will post 19.03 EPS for the current 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 given a dividend of $0.75 per share. This represents a $3.00 annualized dividend 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 currently 15.63%.

Several analysts have recently commented on the stock. Berenberg Bank reaffirmed a “sell” rating and issued a $190.00 price objective on shares of Goldman Sachs Group, Inc. (The) in a report on Friday, July 21st. Oppenheimer Holdings, Inc. upped their price objective on shares of Goldman Sachs Group, Inc. (The) from $251.00 to $256.00 and gave the company an “outperform” rating in a report on Wednesday, July 19th. Keefe, Bruyette & Woods downgraded shares of Goldman Sachs Group, Inc. (The) from an “outperform” rating to a “market perform” rating and dropped their price objective for the company from $260.00 to $240.00 in a report on Wednesday, July 19th. BidaskClub downgraded shares of Goldman Sachs Group, Inc. (The) from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th. Finally, Zacks Investment Research downgraded shares of Goldman Sachs Group, Inc. (The) from a “hold” rating to a “sell” rating in a report on Thursday, September 21st. Three research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $245.06.

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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