Wafra Investment Advisory Group Inc. NY purchased a new position in shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 35,816 shares of the investment management company’s stock, valued at approximately $7,948,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sumitomo Mitsui Financial Group Inc. purchased a new stake in shares of Goldman Sachs Group, Inc. (The) during the second quarter worth approximately $101,000. WealthTrust Arizona LLC increased its position in shares of 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 purchasing an additional 231 shares in the last quarter. Sterling Investment Advisors Ltd. increased its position in shares of 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 purchasing an additional 125 shares in the last quarter. Shine Investment Advisory Services Inc. purchased a new stake in shares of Goldman Sachs Group, Inc. (The) during the second quarter worth approximately $111,000. Finally, First Personal Financial Services increased its position in shares of Goldman Sachs Group, Inc. (The) by 230.2% during the second quarter. First Personal Financial Services now owns 525 shares of the investment management company’s stock worth $116,000 after purchasing an additional 366 shares in the last quarter. Hedge funds and other institutional investors own 73.21% of the company’s stock.

In other Goldman Sachs Group, Inc. (The) news, EVP John F.W. Rogers sold 17,685 shares of the stock in a transaction that occurred on 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 completion of the sale, the executive vice president now directly owns 80,109 shares of the company’s stock, valued at approximately $18,827,217.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director David A. Viniar sold 7,393 shares of the stock in a transaction that occurred on Friday, October 20th. The stock was sold at an average price of $245.18, for a total value of $1,812,615.74. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 58,289 shares of company stock worth $14,036,920. 2.57% of the stock is owned by company insiders.

Shares of Goldman Sachs Group, Inc. (GS) opened at $244.40 on Friday. 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. has a 1-year low of $174.73 and a 1-year high of $255.15. The firm has a market capitalization of $94,552.25, a PE ratio of 12.73, a price-to-earnings-growth ratio of 1.24 and a beta of 1.48.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last issued its quarterly earnings results on Tuesday, October 17th. The investment management company reported $5.02 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $4.17 by $0.85. Goldman Sachs Group, Inc. (The) had a return on equity of 11.32% and a net margin of 26.42%. The company had revenue of $8.33 billion for the quarter, compared to the consensus estimate of $7.59 billion. During the same quarter in the prior year, the business earned $4.88 EPS. Goldman Sachs Group, Inc. (The)’s revenue was up 2.0% on a year-over-year basis. equities analysts expect that Goldman Sachs Group, Inc. will post 19.03 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th will be issued a dividend of $0.75 per share. 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 (DPR) is 15.63%.

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GS has been the topic of a number of recent research reports. TheStreet raised Goldman Sachs Group, Inc. (The) from a “c+” rating to a “b” rating in a research note on Friday, October 13th. Capital One Financial Corporation reissued a “buy” rating on shares of Goldman Sachs Group, Inc. (The) in a research note on Tuesday, July 11th. J P Morgan Chase & Co set a $260.00 price objective on Goldman Sachs Group, Inc. (The) and gave the stock a “buy” rating in a research note on Friday, September 15th. Zacks Investment Research raised Goldman Sachs Group, Inc. (The) from a “hold” rating to a “buy” rating and set a $271.00 price objective on the stock in a research note on Friday, October 20th. Finally, Royal Bank Of Canada reissued 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. Two investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and an average price target of $244.98.

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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