Goldman Sachs Group Inc. (NYSE:GS) Chairman Lloyd C. Blankfein sold 2,483 shares of the business’s stock in a transaction that occurred on Wednesday, November 16th. The stock was sold at an average price of $206.23, for a total value of $512,069.09. Following the completion of the sale, the chairman now owns 1,524,471 shares of the company’s stock, valued at $314,391,654.33. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of Goldman Sachs Group Inc. (NYSE:GS) opened at 210.35 on Monday. Goldman Sachs Group Inc. has a 12-month low of $138.20 and a 12-month high of $212.07. The company has a 50-day moving average price of $173.36 and a 200-day moving average price of $162.82. The company has a market cap of $88.09 billion, a P/E ratio of 16.88 and a beta of 1.55.

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

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

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 29th. Shareholders of record on Thursday, December 1st will be paid a dividend of $0.65 per share. The ex-dividend date is Tuesday, November 29th. This represents a $2.60 dividend on an annualized basis and a yield of 1.24%. Goldman Sachs Group’s dividend payout ratio (DPR) is presently 20.72%.

Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Goldman Sachs Group by 0.4% in the second quarter. Vanguard Group Inc. now owns 22,472,479 shares of the investment management company’s stock valued at $3,338,962,000 after buying an additional 93,526 shares during the last quarter. Dodge & Cox raised its position in shares of Goldman Sachs Group by 11.4% in the second quarter. Dodge & Cox now owns 15,020,855 shares of the investment management company’s stock valued at $2,231,799,000 after buying an additional 1,531,815 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of Goldman Sachs Group by 1.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 12,644,354 shares of the investment management company’s stock valued at $1,878,700,000 after buying an additional 194,684 shares during the last quarter. Capital World Investors raised its position in shares of Goldman Sachs Group by 0.3% in the second quarter. Capital World Investors now owns 11,404,284 shares of the investment management company’s stock valued at $1,694,449,000 after buying an additional 38,554 shares during the last quarter. Finally, Harris Associates L P raised its position 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 valued at $853,400,000 after buying an additional 338,324 shares during the last quarter. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Several brokerages have commented on GS. Rafferty Capital Markets raised Goldman Sachs Group from a “hold” rating to a “buy” rating and set a $184.00 price target on the stock in a research report on Monday, October 17th. TheStreet raised Goldman Sachs Group from a “hold” rating to a “buy” rating in a research report on Friday, August 5th. Royal Bank Of Canada lifted their price target on Goldman Sachs Group from $160.00 to $170.00 and gave the stock a “sector perform” rating in a research report on Wednesday, October 19th. JPMorgan Chase & Co. set a $176.00 price target on Goldman Sachs Group and gave the stock a “buy” rating in a research report on Thursday, September 22nd. Finally, Barclays PLC reaffirmed an “equal weight” rating and issued a $210.00 price target on shares of Goldman Sachs Group in a research report on Tuesday, October 11th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $181.38.

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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