Traders bought shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) on weakness during trading hours on Monday. $141.45 million flowed into the stock on the tick-up and $92.54 million flowed out of the stock on the tick-down, for a money net flow of $48.91 million into the stock. Of all companies tracked, Goldman Sachs Group, Inc. (The) had the 18th highest net in-flow for the day. Goldman Sachs Group, Inc. (The) traded down ($0.91) for the day and closed at $243.49

GS has been the subject of several research reports. Credit Suisse Group lowered Goldman Sachs Group, Inc. (The) from an “outperform” rating to a “neutral” rating and boosted their price objective for the stock from $240.00 to $255.00 in a research note on Monday, October 9th. They noted that the move was a valuation call. Royal Bank Of Canada reiterated a “hold” rating and set a $240.00 price objective on shares of Goldman Sachs Group, Inc. (The) in a research note on Thursday, August 31st. Keefe, Bruyette & Woods lowered Goldman Sachs Group, Inc. (The) from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from $260.00 to $240.00 in a research note on Wednesday, July 19th. BMO Capital Markets boosted their price objective on Goldman Sachs Group, Inc. (The) from $202.00 to $217.00 and gave the stock a “market perform” rating in a research note on Wednesday, October 18th. Finally, Zacks Investment Research lowered Goldman Sachs Group, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Friday. Three analysts have rated the stock with a sell rating, eighteen have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Goldman Sachs Group, Inc. (The) currently has a consensus rating of “Hold” and an average target price of $244.98.

The company has a market cap of $92,190.00, a price-to-earnings ratio of 12.73, a P/E/G ratio of 1.24 and a beta of 1.48. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 2.70.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last posted its earnings results on Tuesday, October 17th. The investment management company reported $5.02 EPS for the quarter, beating the consensus estimate of $4.17 by $0.85. The firm had revenue of $8.33 billion for the quarter, compared to analyst estimates of $7.59 billion. Goldman Sachs Group, Inc. (The) had a return on equity of 11.32% and a net margin of 26.42%. Goldman Sachs Group, Inc. (The)’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.88 earnings per share. sell-side analysts forecast that Goldman Sachs Group, Inc. will post 19.03 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th will be paid a $0.75 dividend. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $3.00 annualized dividend and a yield of 1.23%. Goldman Sachs Group, Inc. (The)’s dividend payout ratio is presently 15.58%.

In other news, Vice Chairman Richard J. Gnodde sold 4,951 shares of the stock in a transaction dated Wednesday, October 18th. The shares were sold at an average price of $239.95, for a total transaction of $1,187,992.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John F.W. Rogers sold 17,685 shares of the stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $235.02, for a total transaction of $4,156,328.70. Following the sale, the executive vice president now owns 80,109 shares of the company’s stock, valued at approximately $18,827,217.18. The disclosure for this sale can be found here. Insiders sold 55,029 shares of company stock valued at $13,281,937 in the last 90 days. 2.57% of the stock is currently owned by insiders.

A number of large investors have recently made changes to their positions in GS. Sumitomo Mitsui Financial Group Inc. acquired a new stake in Goldman Sachs Group, Inc. (The) in the second quarter valued at about $101,000. WealthTrust Arizona LLC increased its holdings in Goldman Sachs Group, Inc. (The) by 97.1% in the second quarter. WealthTrust Arizona LLC now owns 469 shares of the investment management company’s stock valued at $104,000 after buying an additional 231 shares in the last quarter. Sterling Investment Advisors Ltd. increased its holdings in Goldman Sachs Group, Inc. (The) by 35.7% in the second quarter. Sterling Investment Advisors Ltd. now owns 475 shares of the investment management company’s stock valued at $105,000 after buying an additional 125 shares in the last quarter. Shine Investment Advisory Services Inc. purchased a new position in Goldman Sachs Group, Inc. (The) in the second quarter valued at about $111,000. Finally, Gs Investments Inc. purchased a new position in Goldman Sachs Group, Inc. (The) in the second quarter valued at about $111,000. Hedge funds and other institutional investors own 73.14% of the company’s stock.

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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.

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