Goldman Sachs Group, Inc. (The) (NYSE:GS) was the target of unusually large options trading on Wednesday. Stock traders purchased 43,953 call options on the company. This is an increase of 117% compared to the typical volume of 20,215 call options.

Several equities analysts have recently weighed in on GS shares. Royal Bank Of Canada reduced their price target on Goldman Sachs Group, Inc. (The) from $250.00 to $240.00 and set a “sector perform” rating for the company in a research report on Wednesday, April 19th. UBS AG reissued a “buy” rating and set a $285.00 price objective on shares of Goldman Sachs Group, Inc. (The) in a research note on Wednesday, April 19th. Atlantic Securities raised Goldman Sachs Group, Inc. (The) from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $214.00 to $254.00 in a research note on Thursday, April 20th. Keefe, Bruyette & Woods set a $260.00 price target on Goldman Sachs Group, Inc. (The) and gave the stock a “buy” rating in a research note on Saturday, May 6th. Finally, JMP Securities reissued a “market perform” rating on shares of Goldman Sachs Group, Inc. (The) in a research note on Wednesday, April 19th. Two analysts have rated the stock with a sell rating, fourteen have given a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $238.88.

Shares of Goldman Sachs Group, Inc. (NYSE GS) traded down 0.78% on Friday, hitting $228.60. The stock had a trading volume of 3,703,571 shares. The firm has a market cap of $89.98 billion, a P/E ratio of 12.19 and a beta of 1.42. The firm’s 50-day moving average price is $220.24 and its 200 day moving average price is $232.67. Goldman Sachs Group, Inc. has a 12 month low of $155.37 and a 12 month high of $255.15.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last announced its quarterly earnings data on Tuesday, April 18th. The investment management company reported $5.15 EPS for the quarter, missing the Zacks’ consensus estimate of $5.31 by $0.16. Goldman Sachs Group, Inc. (The) had a net margin of 26.38% and a return on equity of 11.26%. The firm had revenue of $8.03 billion during the quarter, compared to analysts’ expectations of $8.33 billion. During the same period in the prior year, the company posted $2.68 earnings per share. The company’s revenue for the quarter was up 26.6% on a year-over-year basis. Analysts anticipate that Goldman Sachs Group, Inc. will post $18.27 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 29th. Shareholders of record on Thursday, June 1st were given a $0.75 dividend. The ex-dividend date of this dividend was Tuesday, May 30th. This is an increase from Goldman Sachs Group, Inc. (The)’s previous quarterly dividend of $0.65. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.31%. Goldman Sachs Group, Inc. (The)’s dividend payout ratio is currently 15.93%.

Several large investors have recently made changes to their positions in the stock. YorkBridge Wealth Partners LLC increased its position in Goldman Sachs Group, Inc. (The) by 0.3% in the first quarter. YorkBridge Wealth Partners LLC now owns 640 shares of the investment management company’s stock worth $144,000 after buying an additional 2 shares during the period. Hudock Capital Group LLC increased its position in Goldman Sachs Group, Inc. (The) by 0.3% in the first quarter. Hudock Capital Group LLC now owns 1,130 shares of the investment management company’s stock worth $259,000 after buying an additional 3 shares during the period. Chicago Partners Investment Group LLC increased its position in Goldman Sachs Group, Inc. (The) by 0.3% in the first quarter. Chicago Partners Investment Group LLC now owns 1,052 shares of the investment management company’s stock worth $242,000 after buying an additional 3 shares during the period. Fiera Capital Corp increased its position in shares of Goldman Sachs Group, Inc. (The) by 0.4% in the fourth quarter. Fiera Capital Corp now owns 1,430 shares of the investment management company’s stock valued at $342,000 after buying an additional 5 shares during the last quarter. Finally, Balasa Dinverno & Foltz LLC increased its position in shares of Goldman Sachs Group, Inc. (The) by 0.8% in the first quarter. Balasa Dinverno & Foltz LLC now owns 924 shares of the investment management company’s stock valued at $212,000 after buying an additional 7 shares during the last quarter. 74.30% of the stock is currently owned by institutional investors.

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Goldman Sachs Group, Inc. (The) Company Profile

The Goldman Sachs Group, Inc is an investment banking, securities and investment management company that provides a range of financial services to corporations, financial institutions, governments and individuals. The Company operates in four business segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management.

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