Traders sold shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) on strength during trading hours on Monday. $120.91 million flowed into the stock on the tick-up and $177.45 million flowed out of the stock on the tick-down, for a money net flow of $56.54 million out of the stock. Of all equities tracked, Goldman Sachs Group, Inc. (The) had the 19th highest net out-flow for the day. Goldman Sachs Group, Inc. (The) traded up $2.31 for the day and closed at $227.53

GS has been the subject of several recent analyst reports. Deutsche Bank AG reissued a “buy” rating on shares of Goldman Sachs Group, Inc. (The) in a report on Monday, July 3rd. Citigroup Inc. reissued a “neutral” rating and issued a $225.00 price target on shares of Goldman Sachs Group, Inc. (The) in a report on Wednesday, June 28th. BidaskClub downgraded Goldman Sachs Group, Inc. (The) from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th. Royal Bank Of Canada reissued a “hold” rating and issued a $240.00 price target on shares of Goldman Sachs Group, Inc. (The) in a report on Thursday, August 31st. Finally, Capital One Financial Corporation reissued a “buy” rating on shares of Goldman Sachs Group, Inc. (The) in a report on Tuesday, July 11th. One equities research analyst has rated the stock with a sell rating, eighteen have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $235.44.

The stock has a market capitalization of $88.33 billion, a PE ratio of 11.93 and a beta of 1.42. The company has a 50 day moving average of $224.17 and a 200 day moving average of $226.39.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last released its quarterly earnings data on Tuesday, July 18th. The investment management company reported $3.95 earnings per share for the quarter, beating the 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 during the quarter, compared to the consensus estimate of $7.47 billion. During the same period last year, the business posted $3.72 EPS. Goldman Sachs Group, Inc. (The)’s quarterly revenue was down .6% on a year-over-year basis. On average, equities analysts predict that Goldman Sachs Group, Inc. will post $18.18 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 28th. Investors of record on Thursday, August 31st will be paid a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 1.32%. The ex-dividend date is Tuesday, August 29th. Goldman Sachs Group, Inc. (The)’s payout ratio is currently 15.74%.

In other Goldman Sachs Group, Inc. (The) news, Director David A. Viniar sold 4,590 shares of the firm’s stock in a transaction on Tuesday, August 1st. The stock was 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 of the company’s stock, valued at $194,743,365.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider David M. Solomon sold 3,260 shares of the firm’s stock in a transaction on Monday, August 7th. The stock was 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 disclosure for this sale can be found here. Insiders sold a total of 25,535 shares of company stock valued at $5,956,868 over the last ninety days. 2.57% of the stock is currently owned by company insiders.

A number of institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. increased its position in Goldman Sachs Group, Inc. (The) by 3,301.2% during the first quarter. BlackRock Inc. now owns 24,569,536 shares of the investment management company’s stock worth $5,644,114,000 after buying an additional 23,847,154 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Goldman Sachs Group, Inc. (The) by 1.3% in the second quarter. Vanguard Group Inc. now owns 24,072,777 shares of the investment management company’s stock valued at $5,341,749,000 after purchasing an additional 304,400 shares during the period. State Street Corp grew its position in shares of Goldman Sachs Group, Inc. (The) by 2.7% in the first quarter. State Street Corp now owns 22,851,344 shares of the investment management company’s stock valued at $5,249,408,000 after purchasing an additional 603,165 shares during the period. FMR LLC grew its position in shares of Goldman Sachs Group, Inc. (The) by 10.9% in the first quarter. FMR LLC now owns 10,995,425 shares of the investment management company’s stock valued at $2,525,869,000 after purchasing an additional 1,084,624 shares during the period. Finally, Capital World Investors grew its position in shares of Goldman Sachs Group, Inc. (The) by 10.5% in the second quarter. Capital World Investors now owns 7,649,583 shares of the investment management company’s stock valued at $1,697,442,000 after purchasing an additional 726,582 shares during the period. 73.31% of the stock is owned by institutional investors.

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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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