Regentatlantic Capital LLC boosted its position in Goldman Sachs Group, Inc. (The) (NYSE:GS) by 12.3% during the second quarter, Holdings Channel reports. The firm owned 15,463 shares of the investment management company’s stock after buying an additional 1,696 shares during the period. Regentatlantic Capital LLC’s holdings in Goldman Sachs Group, Inc. (The) were worth $3,431,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. BlackRock Inc. raised its stake in Goldman Sachs Group, Inc. (The) by 3,301.2% in the first quarter. BlackRock Inc. now owns 24,569,536 shares of the investment management company’s stock worth $5,644,114,000 after buying an additional 23,847,154 shares during the period. Vanguard Group Inc. raised its stake in Goldman Sachs Group, Inc. (The) by 4.4% in the first quarter. Vanguard Group Inc. now owns 23,768,377 shares of the investment management company’s stock worth $5,460,072,000 after buying an additional 1,001,162 shares during the period. State Street Corp raised its stake in Goldman Sachs Group, Inc. (The) by 2.7% in the first quarter. State Street Corp now owns 22,851,344 shares of the investment management company’s stock worth $5,249,408,000 after buying an additional 603,165 shares during the period. FMR LLC raised its stake in Goldman Sachs Group, Inc. (The) by 10.9% in the first quarter. FMR LLC now owns 10,995,425 shares of the investment management company’s stock worth $2,525,869,000 after buying an additional 1,084,624 shares during the period. Finally, Geode Capital Management LLC raised its stake in Goldman Sachs Group, Inc. (The) by 8.4% in the first quarter. Geode Capital Management LLC now owns 3,743,111 shares of the investment management company’s stock worth $858,692,000 after buying an additional 289,159 shares during the period. 73.72% of the stock is currently owned by institutional investors and hedge funds.

Shares of Goldman Sachs Group, Inc. (NYSE:GS) traded down 0.60% during midday trading on Friday, reaching $224.15. 2,956,601 shares of the company’s stock traded hands. The company has a market capitalization of $87.02 billion, a price-to-earnings ratio of 11.75 and a beta of 1.42. The company has a 50-day moving average of $225.05 and a 200-day moving average of $229.72. Goldman Sachs Group, Inc. has a one year low of $157.77 and a one year high of $255.15.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last issued its earnings results on Tuesday, July 18th. The investment management company reported $3.95 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $3.39 by $0.56. The firm had revenue of $7.89 billion during the quarter, compared to analyst estimates of $7.47 billion. Goldman Sachs Group, Inc. (The) had a net margin of 26.44% and a return on equity of 11.27%. The business’s revenue was down .6% on a year-over-year basis. During the same period in the previous year, the firm earned $3.72 earnings per share. Equities research analysts anticipate that Goldman Sachs Group, Inc. will post $18.20 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 28th. Stockholders of record on Thursday, August 31st will be paid a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.34%. Goldman Sachs Group, Inc. (The)’s dividend payout ratio is currently 15.74%.

Goldman Sachs Group, Inc. (The) announced that its Board of Directors has initiated a share buyback plan on Tuesday, April 18th that authorizes the company to buyback 50,000,000 shares. This buyback authorization authorizes the investment management company to purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

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A number of analysts recently weighed in on GS shares. Royal Bank Of Canada decreased their target price on shares of Goldman Sachs Group, Inc. (The) to $250.00 and set a “neutral” rating on the stock in a report on Tuesday, April 18th. Credit Suisse Group reissued a “buy” rating on shares of Goldman Sachs Group, Inc. (The) in a research note on Wednesday, April 19th. Keefe, Bruyette & Woods reissued an “outperform” rating on shares of Goldman Sachs Group, Inc. (The) in a research note on Monday, June 12th. Rafferty Capital Markets cut shares of Goldman Sachs Group, Inc. (The) from a “buy” rating to a “hold” rating and cut their price target for the stock from $288.00 to $221.00 in a research note on Tuesday, April 18th. Finally, Vetr cut shares of Goldman Sachs Group, Inc. (The) from a “sell” rating to a “strong sell” rating and set a $191.87 price target for the company. in a research note on Monday, April 24th. Two equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Goldman Sachs Group, Inc. (The) currently has a consensus rating of “Hold” and a consensus price target of $235.44.

In other news, EVP John F.W. Rogers sold 17,685 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $235.02, for a total transaction of $4,156,328.70. Following the completion of the sale, the executive vice president now directly owns 80,109 shares of the company’s stock, valued at $18,827,217.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David A. Viniar sold 4,590 shares of the business’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $227.79, for a total transaction of $1,045,556.10. Following the sale, the director now directly owns 854,925 shares of the company’s stock, valued at $194,743,365.75. The disclosure for this sale can be found here. Insiders have sold 25,535 shares of company stock valued at $5,956,868 over the last three months. Insiders own 2.57% of the company’s stock.

Goldman Sachs Group, Inc. (The) Company 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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