Goldman Sachs Group, Inc. (The) (NYSE:GS) insider Harvey M. Schwartz sold 25,000 shares of Goldman Sachs Group, Inc. (The) stock in a transaction dated Friday, October 20th. The shares were sold at an average price of $245.00, for a total value of $6,125,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of Goldman Sachs Group, Inc. (NYSE:GS) traded up 1.08% during midday trading on Tuesday, hitting $244.75. The company’s stock had a trading volume of 1,841,618 shares. The firm has a market cap of $95.02 billion, a price-to-earnings ratio of 12.75 and a beta of 1.41. The firm has a 50-day moving average of $233.70 and a 200 day moving average of $225.81. Goldman Sachs Group, Inc. has a 12-month low of $172.51 and a 12-month high of $255.15.

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

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th will be paid a $0.75 dividend. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.24%. Goldman Sachs Group, Inc. (The)’s payout ratio is presently 15.63%.

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Several hedge funds and other institutional investors have recently modified their holdings of the company. Chicago Partners Investment Group LLC grew its stake in shares of Goldman Sachs Group, Inc. (The) by 0.3% in the first quarter. Chicago Partners Investment Group LLC now owns 1,052 shares of the investment management company’s stock valued at $242,000 after buying an additional 3 shares in the last quarter. MV Capital Management Inc. grew its stake in shares of Goldman Sachs Group, Inc. (The) by 0.5% in the second quarter. MV Capital Management Inc. now owns 618 shares of the investment management company’s stock valued at $137,000 after buying an additional 3 shares in the last quarter. Geller Family Office Services LLC grew its stake in shares of Goldman Sachs Group, Inc. (The) by 0.3% in the second quarter. Geller Family Office Services LLC now owns 944 shares of the investment management company’s stock valued at $209,000 after buying an additional 3 shares in the last quarter. Hudock Capital Group LLC grew its stake in shares of Goldman Sachs Group, Inc. (The) by 0.4% in the second quarter. Hudock Capital Group LLC now owns 1,134 shares of the investment management company’s stock valued at $251,000 after buying an additional 4 shares in the last quarter. Finally, FTB Advisors Inc. grew its stake in shares of Goldman Sachs Group, Inc. (The) by 0.3% in the second quarter. FTB Advisors Inc. now owns 1,605 shares of the investment management company’s stock valued at $360,000 after buying an additional 5 shares in the last quarter. 73.34% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have recently weighed in on GS shares. TheStreet raised Goldman Sachs Group, Inc. (The) from a “c+” rating to a “b” rating in a research report on Friday, October 13th. Capital One Financial Corporation reissued a “buy” rating on shares of Goldman Sachs Group, Inc. (The) in a report on Tuesday, July 11th. J P Morgan Chase & Co reissued a “buy” rating and issued a $260.00 price target on shares of Goldman Sachs Group, Inc. (The) in a report on Monday, June 26th. Deutsche Bank AG reissued a “buy” rating on shares of Goldman Sachs Group, Inc. (The) in a report on Monday, July 3rd. Finally, Zacks Investment Research raised Goldman Sachs Group, Inc. (The) from a “hold” rating to a “buy” rating and set a $271.00 price target on the stock in a report on Friday. Two equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus 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.

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

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