Clinton Group Inc. lessened its holdings in shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The company's outstanding shares are 350.65 Million. Tiaa Fsb's holdings in Goldman Sachs Group, Inc. (The) by 0.6% in the first quarter. The stock was sold at an average price of $245.00, for a total value of $6,125,000.00. Eagle Global Advisors LLC bought a new position in shares of Goldman Sachs Group, Inc. (The) by 4,096.0% during the second quarter.
Investors are feeling more bullish on shares of Goldman Sachs Group of late if you take into consideration the motion in short interest. (The) by 440.8% during the first quarter. Insiders own 2.57% of the company's stock.
Shares of Goldman Sachs Group, Inc. (The) by 84.4% during the first quarter. The short ratio in the company's stock is documented at 1.82 and the short float is around of 1.28%. Finally, The Manufacturers Life Insurance Company boosted its holdings in shares of Goldman Sachs Group, Inc. (The) by 223.8% in the second quarter.
A total of 1.95 Billion shares exchanged at hands and its average trading volume is standing at 2.61 Million shares.
Here are a few institutional investors who have updated their positions. Also, Director David A. Viniar sold 7,393 shares of the business's stock in a transaction that occurred on Friday, October 20th. The stock has a 50 day moving average price of $169.61 and a 200 day moving average price of $161.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The disclosure for this sale can be found here. Insiders have sold 37,344 shares of company stock worth $9,125,608 in the last quarter.
GS has been the subject of a number of analyst reports.
The Goldman Sachs Group, Inc.'s insider ownership stands at 0.4 percent, while its insider transaction is 0 percent. (The) from a "buy" rating to a "hold" rating in a research report on Friday, November 3rd. Societe Generale set a $198.00 target price on Goldman Sachs Group, Inc.
Goldman Sachs Group, Inc. (The) from a "c+" rating to a "b" rating in a research report on Friday, October 13th. (The) in a research report on Monday, October 9th.
TRADEMARK VIOLATION NOTICE: "Goldman Sachs Group, Inc". (The) in a research note on Wednesday, October 18th. (The) presently has an average rating of "Hold" and a consensus price target of $245.06.
ILLEGAL ACTIVITY WARNING: This news story was first reported by Week Herald and is the sole property of of Week Herald. If you are accessing this news story on another site, it was illegally stolen and reposted in violation of United States and worldwide trademark and copyright laws. Vertical Group downgraded Goldman Sachs Group, Inc.
Shares of Goldman Sachs Group, Inc. (NYSE GS) opened at $240.27 on Tuesday. The company's market cap is $90.87 Billion, and the average volume is $2.61 Million. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 2.82. The value of the company's investment in Goldman Sachs Group went from $9,173,000 to $9,974,000 a change of 8.7% since the last quarter. The investment management company reported $4.88 earnings per share for the quarter, beating the Zacks' consensus estimate of $3.79 by $1.09.
The Goldman Sachs Group, Inc. has been given an analysts' mean target of 248.24. The business had revenue of $8.33 billion for the quarter, compared to the consensus estimate of $7.59 billion. Tudor Investment Corp ET AL now owns 20,480 shares of the investment management company's stock valued at $4,545,000 after buying an additional 4,714 shares during the last quarter.
Quarterly Revenue Growth on year-over-year basis stands at 11.7 percent.
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th will be issued a dividend of $0.75 per share. The ex-dividend date is Wednesday, November 29th. This represents a $3.00 annualized dividend and a yield of 1.25%. (The)'s dividend payout ratio (DPR) is presently 15.63%.
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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