Goldman Sachs Group, Inc. (The) (NYSE:GS) Director David A. Viniar sold 7,393 shares of the company’s stock in a transaction that occurred on Friday, October 20th. The stock was sold at an average price of $245.18, for a total transaction of $1,812,615.74. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Goldman Sachs Group, Inc. (NYSE GS) traded up 1.09% during trading on Tuesday, reaching $244.76. 1,845,260 shares of the company’s stock traded hands. The stock has a market cap of $95.02 billion, a price-to-earnings ratio of 12.75 and a beta of 1.41. The company’s 50 day moving average is $233.70 and its 200-day moving average is $225.81. Goldman Sachs Group, Inc. has a 52-week low of $172.51 and a 52-week high of $255.15.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last announced its quarterly earnings results on Tuesday, October 17th. The investment management company reported $5.02 earnings per share for the quarter, beating 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 firm had revenue of $8.33 billion for the quarter, compared to analysts’ expectations of $7.59 billion. During the same period in the prior year, the business posted $4.88 earnings per share. The company’s revenue was up 2.0% on a year-over-year basis. On average, analysts anticipate that Goldman Sachs Group, Inc. will post $18.96 earnings per share for the current fiscal year.

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 given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend is Wednesday, November 29th. Goldman Sachs Group, Inc. (The)’s dividend payout ratio is presently 15.63%.

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GS has been the subject of a number of recent research reports. BMO Capital Markets reissued a “hold” rating and set a $202.00 price target on shares of Goldman Sachs Group, Inc. (The) in a research note on Friday, October 6th. Credit Suisse Group downgraded shares of Goldman Sachs Group, Inc. (The) from an “outperform” rating to a “neutral” rating and boosted their price target 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. Citigroup Inc. reissued a “neutral” rating and set a $250.00 price target (up from $225.00) on shares of Goldman Sachs Group, Inc. (The) in a research note on Monday, October 9th. TheStreet raised shares of Goldman Sachs Group, Inc. (The) from a “c+” rating to a “b” rating in a research note on Friday, October 13th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $240.00 price target on shares of Goldman Sachs Group, Inc. (The) in a research note on Thursday, October 19th. Two research analysts have rated the stock with a sell rating, seventeen have given a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $244.98.

Several hedge funds have recently bought and sold shares of the stock. BlackRock Inc. increased its position in shares of 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 purchasing an additional 23,847,154 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Goldman Sachs Group, Inc. (The) by 1.3% in the second quarter. Vanguard Group Inc. now owns 24,072,777 shares of the investment management company’s stock worth $5,341,749,000 after purchasing an additional 304,400 shares during the last quarter. State Street Corp increased its position in shares of 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 purchasing an additional 603,165 shares during the last quarter. FMR LLC increased its position in shares of 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 purchasing an additional 1,084,624 shares during the last quarter. Finally, Capital World Investors increased its position in shares of Goldman Sachs Group, Inc. (The) by 10.5% in the second quarter. Capital World Investors now owns 7,649,583 shares of the investment management company’s stock worth $1,697,442,000 after purchasing an additional 726,582 shares during the last quarter. Institutional investors own 73.34% of the company’s stock.

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.

Insider Buying and Selling by Quarter for Goldman Sachs Group, Inc. (The) (NYSE:GS)

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