Sei Investments Co. boosted its position in Goldman Sachs Group Inc. (NYSE:GS) by 13.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 189,278 shares of the investment management company’s stock after buying an additional 22,668 shares during the period. Sei Investments Co.’s holdings in Goldman Sachs Group were worth $30,525,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Jennison Associates LLC boosted its stake in shares of Goldman Sachs Group by 237.3% in the third quarter. Jennison Associates LLC now owns 4,371,336 shares of the investment management company’s stock worth $704,965,000 after buying an additional 3,075,277 shares during the last quarter. Fisher Asset Management LLC boosted its stake in shares of Goldman Sachs Group by 693.1% in the third quarter. Fisher Asset Management LLC now owns 1,971,845 shares of the investment management company’s stock worth $318,000,000 after buying an additional 1,723,214 shares during the last quarter. Dodge & Cox boosted its stake 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 worth $2,231,799,000 after buying an additional 1,531,815 shares during the last quarter. Emerald Acquisition Ltd. bought a new stake in shares of Goldman Sachs Group during the second quarter worth about $157,768,000. Finally, Capital Research Global Investors boosted its stake in shares of Goldman Sachs Group by 26.8% in the second quarter. Capital Research Global Investors now owns 3,789,717 shares of the investment management company’s stock worth $563,076,000 after buying an additional 802,067 shares during the last quarter. Hedge funds and other institutional investors own 69.61% of the company’s stock.

Institutional Ownership by Quarter for Goldman Sachs Group (NYSE:GS)

Goldman Sachs Group Inc. (NYSE:GS) traded up 0.97% during trading on Tuesday, reaching $211.73. The company had a trading volume of 568,209 shares. The firm has a market capitalization of $88.67 billion, a PE ratio of 16.99 and a beta of 1.55. Goldman Sachs Group Inc. has a 12-month low of $138.20 and a 12-month high of $213.41. The firm’s 50 day moving average price is $186.97 and its 200 day moving average price is $166.34.

Goldman Sachs Group (NYSE:GS) last released its earnings results on Tuesday, October 18th. The investment management company reported $4.88 earnings per share for the quarter, beating analysts’ consensus estimates of $3.79 by $1.09. The firm earned $8.17 billion during the quarter, compared to the consensus estimate of $7.41 billion. Goldman Sachs Group had a return on equity of 9.73% and a net margin of 19.58%. The company’s revenue was up 19.0% compared to the same quarter last year. During the same period in the prior year, the company posted $4.51 EPS. Analysts anticipate that Goldman Sachs Group Inc. will post $15.53 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 29th. Stockholders of record on Thursday, December 1st will be given 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 dividend yield of 1.24%. Goldman Sachs Group’s payout ratio is 20.72%.

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A number of brokerages have issued reports on GS. Vetr cut Goldman Sachs Group from a “sell” rating to a “strong sell” rating and set a $188.57 target price for the company. in a research report on Thursday, November 24th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Goldman Sachs Group in a research report on Monday. Nomura cut Goldman Sachs Group from a “buy” rating to a “neutral” rating in a research report on Tuesday. They noted that the move was a valuation call. Instinet cut Goldman Sachs Group from a “buy” rating to a “neutral” rating in a research report on Tuesday. Finally, Keefe, Bruyette & Woods raised Goldman Sachs Group from a “market perform” rating to an “outperform” rating in a research report on Tuesday. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have given a buy rating to the stock. Goldman Sachs Group currently has an average rating of “Hold” and an average target price of $182.28.

In other news, insider Sarah G. Smith sold 218 shares of the company’s stock in a transaction on Friday, November 18th. The stock was sold at an average price of $211.47, for a total transaction of $46,100.46. Following the completion of the sale, the insider now directly owns 22,103 shares in the company, valued at approximately $4,674,121.41. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Alan M. Cohen sold 5,322 shares of the company’s stock in a transaction on Tuesday, November 15th. The shares were sold at an average price of $208.82, for a total value of $1,111,340.04. Following the sale, the executive vice president now owns 85,528 shares of the company’s stock, valued at $17,859,956.96. The disclosure for this sale can be found here. Insiders own 2.61% 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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