Goldman Sachs Group Inc. (NYSE:GS) insider Gary D. Cohn sold 3,566 shares of the firm’s stock in a transaction that occurred on Monday, November 14th. The stock was sold at an average price of $208.65, for a total value of $744,045.90. Following the transaction, the insider now owns 566,791 shares of the company’s stock, valued at approximately $118,260,942.15. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Shares of Goldman Sachs Group Inc. (NYSE:GS) opened at 209.63 on Friday. Goldman Sachs Group Inc. has a one year low of $138.20 and a one year high of $211.77. The stock has a 50 day moving average price of $177.17 and a 200-day moving average price of $163.74. The company has a market capitalization of $87.79 billion, a price-to-earnings ratio of 16.82 and a beta of 1.55.

Goldman Sachs Group (NYSE:GS) last announced its 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. The business earned $8.17 billion during the quarter, compared to analyst estimates of $7.41 billion. Goldman Sachs Group had a return on equity of 9.73% and a net margin of 19.58%. Goldman Sachs Group’s revenue for the quarter was up 19.0% compared to the same quarter last year. During the same period last year, the company earned $4.51 EPS. On average, equities research analysts expect that Goldman Sachs Group Inc. will post $15.52 EPS for the current year.

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

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 29th. Investors of record on Thursday, December 1st will be given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 1.24%. The ex-dividend date of this dividend is Tuesday, November 29th. Goldman Sachs Group’s dividend payout ratio is currently 20.72%.

Several equities analysts recently commented on the company. Oppenheimer Holdings Inc. raised their target price on Goldman Sachs Group from $222.00 to $223.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 27th. BMO Capital Markets restated a “market perform” rating and set a $214.00 target price (up previously from $200.00) on shares of Goldman Sachs Group in a research report on Friday, October 21st. Vetr upgraded Goldman Sachs Group from a “sell” rating to a “strong-buy” rating and set a $179.28 price objective for the company in a research report on Thursday, September 29th. Zacks Investment Research upgraded Goldman Sachs Group from a “hold” rating to a “buy” rating and set a $186.00 price objective for the company in a research report on Tuesday, September 20th. Finally, TheStreet upgraded Goldman Sachs Group from a “hold” rating to a “buy” rating in a research report on Friday, August 5th. Two investment 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 has an average rating of “Hold” and an average price target of $181.38.

A number of hedge funds and other institutional investors have recently made changes to their positions in GS. Colony Group LLC raised its position in shares of Goldman Sachs Group by 3.8% in the third quarter. Colony Group LLC now owns 9,149 shares of the investment management company’s stock valued at $1,475,000 after buying an additional 331 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Goldman Sachs Group by 1.6% in the third quarter. Price T Rowe Associates Inc. MD now owns 819,351 shares of the investment management company’s stock valued at $132,137,000 after buying an additional 12,956 shares in the last quarter. LPL Financial LLC raised its position in shares of Goldman Sachs Group by 0.7% in the third quarter. LPL Financial LLC now owns 27,936 shares of the investment management company’s stock valued at $4,533,000 after buying an additional 193 shares in the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC raised its position in shares of Goldman Sachs Group by 12.1% in the third quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 7,861 shares of the investment management company’s stock valued at $1,275,000 after buying an additional 848 shares in the last quarter. Finally, Martin & Co. Inc. TN raised its position in shares of Goldman Sachs Group by 0.5% in the third quarter. Martin & Co. Inc. TN now owns 12,435 shares of the investment management company’s stock valued at $2,005,000 after buying an additional 65 shares in the last quarter. 71.29% of the stock is owned by institutional investors and hedge funds.

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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