NumerixS Investment Technologies Inc bought a new stake in shares of Goldman Sachs Group Inc (NYSE:GS) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,810 shares of the investment management company’s stock, valued at approximately $728,000.

Several other institutional investors also recently added to or reduced their stakes in the company. Capital Financial Planning LLC bought a new position in Goldman Sachs Group in the 4th quarter worth approximately $26,000. Toth Financial Advisory Corp boosted its holdings in Goldman Sachs Group by 100.0% in the 1st quarter. Toth Financial Advisory Corp now owns 140 shares of the investment management company’s stock worth $27,000 after buying an additional 70 shares during the period. Liberty Wealth Management LLC bought a new position in Goldman Sachs Group in the 4th quarter worth approximately $29,000. Loeb Partners Corp bought a new position in Goldman Sachs Group in the 4th quarter worth approximately $33,000. Finally, Riverview Trust Co bought a new position in Goldman Sachs Group in the 4th quarter worth approximately $33,000. 68.52% of the stock is owned by hedge funds and other institutional investors.

NYSE GS opened at $186.46 on Tuesday. Goldman Sachs Group Inc has a 1 year low of $151.70 and a 1 year high of $245.08. The company has a debt-to-equity ratio of 2.84, a quick ratio of 0.86 and a current ratio of 0.86. The company has a market capitalization of $67.02 billion, a price-to-earnings ratio of 7.38, a PEG ratio of 1.17 and a beta of 1.27.

Goldman Sachs Group (NYSE:GS) last posted its earnings results on Monday, April 15th. The investment management company reported $5.71 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $4.74 by $0.97. Goldman Sachs Group had a net margin of 25.13% and a return on equity of 12.79%. The business had revenue of $8.81 billion for the quarter, compared to analysts’ expectations of $8.89 billion. During the same period in the prior year, the company posted $6.95 EPS. The business’s revenue for the quarter was down 12.6% compared to the same quarter last year. As a group, research analysts forecast that Goldman Sachs Group Inc will post 23.18 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 27th. Shareholders of record on Thursday, May 30th will be paid a $0.85 dividend. The ex-dividend date of this dividend is Wednesday, May 29th. This is a boost from Goldman Sachs Group’s previous quarterly dividend of $0.80. This represents a $3.40 annualized dividend and a yield of 1.82%. Goldman Sachs Group’s dividend payout ratio is currently 13.45%.

Several research firms recently commented on GS. Morgan Stanley raised their price objective on shares of Goldman Sachs Group from $207.00 to $218.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 16th. Odeon Capital Group raised shares of Goldman Sachs Group from a “sell” rating to a “hold” rating in a report on Wednesday, April 17th. ValuEngine raised shares of Goldman Sachs Group from a “strong sell” rating to a “sell” rating in a report on Wednesday, May 1st. Zacks Investment Research downgraded shares of Goldman Sachs Group from a “hold” rating to a “sell” rating in a report on Tuesday, April 2nd. Finally, HSBC set a $202.00 price objective on shares of Goldman Sachs Group and gave the stock a “neutral” rating in a report on Thursday, April 4th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $239.91.

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Goldman Sachs Group Profile

The Goldman Sachs Group, Inc operates as an investment banking, securities, and investment management company worldwide. It operates in four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs, and risk management; and underwriting services, such as debt and equity underwriting of public offerings and private placements of various securities and other financial instruments, as well as derivative transactions with public and private sector clients.

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Institutional Ownership by Quarter for Goldman Sachs Group (NYSE:GS)

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