Anchor Capital Advisors LLC lowered its holdings in Goldman Sachs Group, Inc. (The) (NYSE:GS) by 44.3% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 3,886 shares of the investment management company’s stock after selling 3,091 shares during the quarter. Anchor Capital Advisors LLC’s holdings in Goldman Sachs Group, Inc. (The) were worth $862,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. YorkBridge Wealth Partners LLC lifted its stake in shares of Goldman Sachs Group, Inc. (The) by 0.3% in the 1st quarter. YorkBridge Wealth Partners LLC now owns 640 shares of the investment management company’s stock valued at $144,000 after purchasing an additional 2 shares during the period. Chicago Partners Investment Group LLC lifted its stake in shares of Goldman Sachs Group, Inc. (The) by 0.3% in the 1st quarter. Chicago Partners Investment Group LLC now owns 1,052 shares of the investment management company’s stock valued at $242,000 after purchasing an additional 3 shares during the period. Lowe Brockenbrough & Co. Inc. lifted its stake in shares of Goldman Sachs Group, Inc. (The) by 0.7% in the 2nd quarter. Lowe Brockenbrough & Co. Inc. now owns 912 shares of the investment management company’s stock valued at $202,000 after purchasing an additional 6 shares during the period. Balasa Dinverno & Foltz LLC lifted its stake in shares of Goldman Sachs Group, Inc. (The) by 0.8% in the 1st quarter. Balasa Dinverno & Foltz LLC now owns 924 shares of the investment management company’s stock valued at $212,000 after purchasing an additional 7 shares during the period. Finally, Guardian Life Insurance Co. of America lifted its stake in shares of Goldman Sachs Group, Inc. (The) by 0.6% in the 1st quarter. Guardian Life Insurance Co. of America now owns 1,426 shares of the investment management company’s stock valued at $328,000 after purchasing an additional 8 shares during the period. Institutional investors and hedge funds own 73.38% of the company’s stock.

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A number of research analysts have recently commented on GS shares. J P Morgan Chase & Co restated a “buy” rating on shares of Goldman Sachs Group, Inc. (The) in a research note on Tuesday, May 23rd. Vetr upgraded Goldman Sachs Group, Inc. (The) from a “strong sell” rating to a “sell” rating and set a $189.07 target price for the company in a research note on Wednesday, May 31st. Zacks Investment Research lowered Goldman Sachs Group, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Friday, June 2nd. Instinet reaffirmed a “neutral” rating and set a $205.00 price objective (down previously from $214.00) on shares of Goldman Sachs Group, Inc. (The) in a research report on Saturday, June 3rd. Finally, Keefe, Bruyette & Woods set a $260.00 price objective on Goldman Sachs Group, Inc. (The) and gave the company a “buy” rating in a research report on Thursday, June 8th. One analyst has rated the stock with a sell rating, eighteen have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $235.44.

Shares of Goldman Sachs Group, Inc. (GS) opened at 221.06 on Tuesday. The company has a market cap of $85.82 billion, a price-to-earnings ratio of 11.59 and a beta of 1.42. Goldman Sachs Group, Inc. has a one year low of $157.77 and a one year high of $255.15. The company has a 50 day moving average price of $223.64 and a 200 day moving average price of $226.75.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last posted its earnings results on Tuesday, July 18th. The investment management company reported $3.95 EPS for the quarter, beating the Zacks’ consensus estimate 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 firm had revenue of $7.89 billion for the quarter, compared to analysts’ expectations of $7.47 billion. During the same period last year, the firm earned $3.72 EPS. The company’s quarterly revenue was down .6% on a year-over-year basis. Equities analysts predict that Goldman Sachs Group, Inc. will post $18.23 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 28th. Stockholders of record on Thursday, August 31st will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date of this dividend is Tuesday, August 29th. Goldman Sachs Group, Inc. (The)’s dividend payout ratio (DPR) is presently 15.74%.

In related news, insider David M. Solomon sold 3,260 shares of the firm’s 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 transaction, the insider now directly owns 177,594 shares of the company’s stock, valued at approximately $41,128,994.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director David A. Viniar sold 4,590 shares of the firm’s stock in a transaction dated 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 directly owns 854,925 shares in the company, valued at $194,743,365.75. The disclosure for this sale can be found here. Insiders sold a total of 25,535 shares of company stock worth $5,956,868 over the last ninety days. 2.57% of the stock is currently owned by corporate insiders.

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.

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

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