Strs Ohio cut its position in shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) by 7.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 380,003 shares of the investment management company’s stock after selling 30,560 shares during the period. Strs Ohio owned 0.09% of Goldman Sachs Group, Inc. (The) worth $84,322,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in GS. WealthTrust Arizona LLC raised its position in Goldman Sachs Group, Inc. (The) by 97.1% in the second quarter. WealthTrust Arizona LLC now owns 469 shares of the investment management company’s stock valued at $104,000 after buying an additional 231 shares in the last quarter. Parallel Advisors LLC raised its position in Goldman Sachs Group, Inc. (The) by 10.7% in the first quarter. Parallel Advisors LLC now owns 558 shares of the investment management company’s stock valued at $126,000 after buying an additional 54 shares in the last quarter. Carroll Financial Associates Inc. raised its position in Goldman Sachs Group, Inc. (The) by 4.1% in the second quarter. Carroll Financial Associates Inc. now owns 586 shares of the investment management company’s stock valued at $130,000 after buying an additional 23 shares in the last quarter. YorkBridge Wealth Partners LLC raised 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 valued at $144,000 after buying an additional 2 shares in the last quarter. Finally, Franklin Parlapiano Turner & Welch LLC bought a new position in Goldman Sachs Group, Inc. (The) during the first quarter valued at approximately $161,000. Institutional investors own 74.66% of the company’s stock.

Goldman Sachs Group, Inc. (NYSE:GS) opened at 222.15 on Monday. Goldman Sachs Group, Inc. has a 52 week low of $157.77 and a 52 week high of $255.15. The stock has a 50 day moving average price of $225.59 and a 200 day moving average price of $229.32. The stock has a market cap of $86.24 billion, a PE ratio of 11.65 and a beta of 1.42.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last posted its earnings results on Tuesday, July 18th. The investment management company reported $3.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.39 by $0.56. Goldman Sachs Group, Inc. (The) had a return on equity of 11.27% and a net margin of 26.44%. The business had revenue of $7.89 billion during the quarter, compared to analyst estimates of $7.47 billion. During the same quarter last year, the firm earned $3.72 earnings per share. The company’s revenue for the quarter was down .6% compared to the same quarter last year. On average, equities analysts predict that Goldman Sachs Group, Inc. will post $18.23 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 28th. Stockholders of record on Thursday, August 31st will be paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.35%. Goldman Sachs Group, Inc. (The)’s dividend payout ratio (DPR) is currently 15.74%.

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Several research analysts have recently commented on GS shares. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of Goldman Sachs Group, Inc. (The) in a report on Monday, June 12th. Vetr lowered Goldman Sachs Group, Inc. (The) from a “sell” rating to a “strong sell” rating and set a $191.87 price target on the stock. in a report on Monday, April 24th. Royal Bank Of Canada reiterated a “hold” rating and set a $240.00 price target on shares of Goldman Sachs Group, Inc. (The) in a report on Friday, June 23rd. Capital One Financial Corporation reiterated a “buy” rating on shares of Goldman Sachs Group, Inc. (The) in a report on Tuesday, July 11th. Finally, Citigroup Inc. reiterated a “neutral” rating and set a $225.00 price target on shares of Goldman Sachs Group, Inc. (The) in a report on Wednesday, June 28th. Two equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $235.44.

In other news, EVP John F.W. Rogers sold 17,685 shares of the stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $235.02, for a total value of $4,156,328.70. Following the completion of the sale, the executive vice president now owns 80,109 shares in the company, valued at $18,827,217.18. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider David M. Solomon sold 3,260 shares of the stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $231.59, for a total value of $754,983.40. Following the completion of the sale, the insider now owns 177,594 shares of the company’s stock, valued at approximately $41,128,994.46. The disclosure for this sale can be found here. In the last quarter, insiders sold 25,535 shares of company stock valued at $5,956,868. Insiders own 2.57% of the company’s stock.

About Goldman Sachs Group, Inc. (The)

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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Institutional Ownership by Quarter for Goldman Sachs Group, Inc. (The) (NYSE:GS)

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