JMP Securities reissued their market perform rating on shares of Goldman Sachs Group Inc. (NYSE:GS) in a report published on Sunday morning.

GS has been the topic of several other reports. Vetr downgraded shares of Goldman Sachs Group from a hold rating to a sell rating and set a $154.43 target price on the stock. in a research report on Monday, July 18th. Rafferty Capital Markets lifted their target price on shares of Goldman Sachs Group from $191.00 to $227.00 and gave the stock a buy rating in a research report on Thursday. Nomura reiterated a buy rating and set a $197.00 target price (up from $195.00) on shares of Goldman Sachs Group in a research report on Tuesday, July 19th. BMO Capital Markets reiterated an outperform rating and set a $214.00 target price (up from $197.00) on shares of Goldman Sachs Group in a research report on Friday, July 22nd. Finally, Zacks Investment Research upgraded shares of Goldman Sachs Group from a hold rating to a buy rating and set a $186.00 target price on the stock in a research report on Tuesday, September 20th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have assigned a buy rating to the company’s stock. Goldman Sachs Group presently has a consensus rating of Hold and a consensus target price of $181.38.

Goldman Sachs Group (NYSE:GS) traded up 1.53% on Friday, hitting $203.94. 6,290,179 shares of the stock traded hands. The company has a market cap of $85.41 billion, a price-to-earnings ratio of 16.37 and a beta of 1.55. The stock has a 50-day moving average price of $173.36 and a 200 day moving average price of $162.82. Goldman Sachs Group has a 1-year low of $138.20 and a 1-year high of $205.00.

Goldman Sachs Group (NYSE:GS) last posted its earnings results on Tuesday, October 18th. The investment management company reported $4.88 EPS for the quarter, topping the consensus estimate of $3.79 by $1.09. Goldman Sachs Group had a net margin of 19.58% and a return on equity of 9.73%. The business had revenue of $8.17 billion for the quarter, compared to the consensus estimate of $7.41 billion. During the same period last year, the company earned $4.51 EPS. The firm’s revenue was up 19.0% compared to the same quarter last year. On average, analysts anticipate that Goldman Sachs Group will post $15.52 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 29th. Investors of record on Thursday, December 1st will be issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend is Tuesday, November 29th. Goldman Sachs Group’s dividend payout ratio (DPR) is currently 20.72%.

In related news, EVP Edith W. Cooper sold 14,000 shares of the business’s stock in a transaction dated Friday, August 26th. The stock was sold at an average price of $166.11, for a total value of $2,325,540.00. Following the sale, the executive vice president now directly owns 33,634 shares in the company, valued at approximately $5,586,943.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Alan M. Cohen sold 5,000 shares of the business’s stock in a transaction dated Monday, November 7th. The shares were sold at an average price of $181.19, for a total value of $905,950.00. Following the completion of the sale, the executive vice president now owns 61,444 shares in the company, valued at $11,133,038.36. The disclosure for this sale can be found here. 2.61% of the stock is currently owned by corporate insiders.

A number of large investors have recently made changes to their positions in GS. South Dakota Investment Council boosted its stake in shares of Goldman Sachs Group by 1.0% in the second quarter. South Dakota Investment Council now owns 147,870 shares of the investment management company’s stock worth $21,971,000 after buying an additional 1,500 shares in the last quarter. IFC Holdings Incorporated FL purchased a new stake in shares of Goldman Sachs Group during the second quarter worth about $265,000. Harris Associates L P boosted its stake in shares of Goldman Sachs Group by 6.3% in the second quarter. Harris Associates L P now owns 5,743,708 shares of the investment management company’s stock worth $853,400,000 after buying an additional 338,324 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in shares of Goldman Sachs Group during the first quarter worth about $34,473,000. Finally, Panagora Asset Management Inc. boosted its stake in shares of Goldman Sachs Group by 4.4% in the first quarter. Panagora Asset Management Inc. now owns 342,183 shares of the investment management company’s stock worth $53,716,000 after buying an additional 14,325 shares in the last quarter. Institutional investors and hedge funds own 71.28% of the company’s stock.

About Goldman Sachs Group

The Goldman Sachs Group, Inc is a bank holding company and a financial holding company. The Company operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Company’s Investment Banking segment provides financial advisory services, which include advisory assignments with respect to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs and risk management.

5 Day Chart for NYSE:GS

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