Goldman Sachs Group Inc. (NYSE:GS) EVP Alan M. Cohen sold 5,000 shares of Goldman Sachs Group 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 directly owns 61,444 shares in the company, valued at approximately $11,133,038.36. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Goldman Sachs Group Inc. (NYSE:GS) opened at 203.94 on Monday. Goldman Sachs Group Inc. has a one year low of $138.20 and a one year high of $205.00. The firm has a market capitalization of $85.41 billion, a P/E ratio of 16.37 and a beta of 1.55. The stock’s 50 day moving average is $173.36 and its 200 day moving average is $162.82.

Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings results on Tuesday, October 18th. The investment management company reported $4.88 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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 company earned $8.17 billion during the quarter, compared to analyst estimates of $7.41 billion. During the same quarter last year, the business posted $4.51 EPS. Goldman Sachs Group’s quarterly revenue was up 19.0% compared to the same quarter last year. On average, equities research analysts predict that Goldman Sachs Group Inc. will post $15.52 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Goldman Sachs Group (NYSE:GS)

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

GS has been the topic of a number of recent research reports. Vetr downgraded 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. Nomura reaffirmed a “buy” rating and issued a $197.00 target price (up previously from $195.00) on shares of Goldman Sachs Group in a research report on Tuesday, July 19th. RBC Capital Markets reaffirmed a “hold” rating and issued a $150.00 target price (up previously from $145.00) on shares of Goldman Sachs Group in a research report on Wednesday, July 20th. Royal Bank Of Canada lifted their target price on Goldman Sachs Group from $145.00 to $150.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 20th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $214.00 target price (up previously from $197.00) on shares of Goldman Sachs Group in a research report on Friday, July 22nd. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $181.38.

Several large investors have recently modified their holdings of GS. KCG Holdings Inc. raised its stake in shares of Goldman Sachs Group by 2,430.5% in the third quarter. KCG Holdings Inc. now owns 96,008 shares of the investment management company’s stock valued at $15,483,000 after buying an additional 92,214 shares during the last quarter. Investment House LLC increased its position in Goldman Sachs Group by 13.3% in the third quarter. Investment House LLC now owns 4,145 shares of the investment management company’s stock valued at $668,000 after buying an additional 485 shares during the period. Checchi Capital Advisers LLC increased its position in Goldman Sachs Group by 9.1% in the third quarter. Checchi Capital Advisers LLC now owns 3,624 shares of the investment management company’s stock valued at $584,000 after buying an additional 301 shares during the period. BOKF NA increased its position in Goldman Sachs Group by 24.0% in the third quarter. BOKF NA now owns 40,885 shares of the investment management company’s stock valued at $6,593,000 after buying an additional 7,922 shares during the period. Finally, Stephens Inc. AR increased its position in Goldman Sachs Group by 45.0% in the third quarter. Stephens Inc. AR now owns 3,462 shares of the investment management company’s stock valued at $558,000 after buying an additional 1,074 shares during the period. Institutional investors own 71.29% of the company’s stock.

Goldman Sachs Group Company Profile

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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