Bessemer Group Inc. increased its holdings in shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) by 18.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 64,690 shares of the investment management company’s stock after purchasing an additional 9,959 shares during the period. Bessemer Group Inc.’s holdings in Goldman Sachs Group, Inc. (The) were worth $14,355,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. WealthTrust Arizona LLC boosted its stake 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 acquiring an additional 231 shares in the last quarter. Parallel Advisors LLC boosted its stake 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 acquiring an additional 54 shares in the last quarter. Carroll Financial Associates Inc. boosted its stake 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 acquiring an additional 23 shares in the last quarter. YorkBridge Wealth Partners LLC boosted its stake 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 acquiring an additional 2 shares in the last quarter. Finally, Franklin Parlapiano Turner & Welch LLC acquired a new stake in Goldman Sachs Group, Inc. (The) in the first quarter valued at approximately $161,000. Hedge funds and other institutional investors own 73.38% of the company’s stock.

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In other Goldman Sachs Group, Inc. (The) news, Director David A. Viniar sold 4,590 shares of the company’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $227.79, for a total transaction of $1,045,556.10. Following the completion of the transaction, the director now owns 854,925 shares in the company, valued at approximately $194,743,365.75. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John F.W. Rogers sold 17,685 shares of the company’s stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $235.02, for a total transaction of $4,156,328.70. Following the transaction, the executive vice president now owns 80,109 shares of the company’s stock, valued at approximately $18,827,217.18. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 25,535 shares of company stock valued at $5,956,868. 2.57% of the stock is owned by insiders.

GS has been the subject of several recent analyst reports. Keefe, Bruyette & Woods restated an “outperform” rating on shares of Goldman Sachs Group, Inc. (The) in a research note on Monday, June 12th. Royal Bank Of Canada restated a “hold” rating and issued a $240.00 target price on shares of Goldman Sachs Group, Inc. (The) in a research note on Thursday. Capital One Financial Corporation restated a “buy” rating on shares of Goldman Sachs Group, Inc. (The) in a research note on Tuesday, July 11th. Citigroup Inc. restated a “neutral” rating and issued a $225.00 target price on shares of Goldman Sachs Group, Inc. (The) in a research note on Wednesday, June 28th. Finally, Zacks Investment Research downgraded shares of Goldman Sachs Group, Inc. (The) from a “hold” rating to a “sell” rating in a research note on Friday, June 2nd. One research analyst has rated the stock with a sell rating, eighteen have given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. Goldman Sachs Group, Inc. (The) currently has an average rating of “Hold” and an average target price of $235.44.

Goldman Sachs Group, Inc. (NYSE GS) opened at 225.88 on Monday. Goldman Sachs Group, Inc. has a 12-month low of $157.77 and a 12-month high of $255.15. The firm has a 50-day moving average of $224.46 and a 200-day moving average of $228.21. The stock has a market cap of $87.69 billion, a PE ratio of 11.84 and a beta of 1.42.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last announced its quarterly earnings data on Tuesday, July 18th. The investment management company reported $3.95 EPS for the quarter, topping the Zacks’ consensus estimate of $3.39 by $0.56. The company had revenue of $7.89 billion during the quarter, compared to the consensus estimate of $7.47 billion. Goldman Sachs Group, Inc. (The) had a net margin of 26.44% and a return on equity of 11.27%. Goldman Sachs Group, Inc. (The)’s quarterly revenue was down .6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.72 EPS. Equities analysts predict that Goldman Sachs Group, Inc. will post $18.23 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 28th. Shareholders of record on Thursday, August 31st will be given a dividend of $0.75 per share. The ex-dividend date is Tuesday, August 29th. This represents a $3.00 dividend on an annualized basis and a yield of 1.33%. Goldman Sachs Group, Inc. (The)’s payout ratio is currently 15.74%.

Goldman Sachs Group, Inc. (The) 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.

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

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