Traders sold shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) on strength during trading on Friday. $94.93 million flowed into the stock on the tick-up and $143.57 million flowed out of the stock on the tick-down, for a money net flow of $48.64 million out of the stock. Of all equities tracked, Goldman Sachs Group, Inc. (The) had the 0th highest net out-flow for the day. Goldman Sachs Group, Inc. (The) traded up $1.72 for the day and closed at $237.19

A number of research analysts recently issued reports on the company. HSBC Holdings plc downgraded Goldman Sachs Group, Inc. (The) from a “buy” rating to a “hold” rating and boosted their price target for the company from $223.80 to $250.00 in a report on Friday, August 11th. Wells Fargo & Company started coverage on Goldman Sachs Group, Inc. (The) in a report on Wednesday, August 9th. They set an “outperform” rating and a $265.00 target price on the stock. Keefe, Bruyette & Woods set a $260.00 target price on Goldman Sachs Group, Inc. (The) and gave the stock a “buy” rating in a report on Thursday, June 8th. Vetr upgraded Goldman Sachs Group, Inc. (The) from a “strong sell” rating to a “buy” rating and set a $233.49 target price on the stock in a report on Wednesday, June 7th. Finally, Instinet reiterated a “neutral” rating and set a $205.00 target price (down previously from $214.00) on shares of Goldman Sachs Group, Inc. (The) in a report on Saturday, June 3rd. Two equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $237.04.

The stock has a market cap of $92.08 billion, a PE ratio of 12.44 and a beta of 1.42. The firm’s 50-day moving average is $224.38 and its 200-day moving average is $225.69.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last posted its quarterly earnings data on Tuesday, July 18th. The investment management company reported $3.95 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $3.39 by $0.56. Goldman Sachs Group, Inc. (The) had a net margin of 26.44% and a return on equity of 11.27%. The business had revenue of $7.89 billion during the quarter, compared to the consensus estimate of $7.47 billion. During the same period in the previous year, the firm posted $3.72 earnings per share. The business’s revenue for the quarter was down .6% compared to the same quarter last year. Equities analysts predict that Goldman Sachs Group, Inc. will post $18.17 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 28th. Stockholders of record on Thursday, August 31st were paid a dividend of $0.75 per share. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $3.00 annualized dividend and a dividend yield of 1.26%. Goldman Sachs Group, Inc. (The)’s payout ratio is currently 15.74%.

In other news, Director David A. Viniar sold 4,590 shares of Goldman Sachs Group, Inc. (The) 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 sale, the director now directly owns 854,925 shares in the company, valued at $194,743,365.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP John F.W. Rogers sold 17,685 shares of Goldman Sachs Group, Inc. (The) 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 sale, the executive vice president now owns 80,109 shares of the company’s stock, valued at $18,827,217.18. The disclosure for this sale can be found here. Insiders have sold 25,535 shares of company stock valued at $5,956,868 over the last quarter. Insiders own 2.57% of the company’s stock.

Large investors have recently bought and sold shares of the company. Waldron LP acquired a new position in Goldman Sachs Group, Inc. (The) during the first quarter valued at $277,000. American Century Companies Inc. lifted its position in Goldman Sachs Group, Inc. (The) by 3.0% during the first quarter. American Century Companies Inc. now owns 616,720 shares of the investment management company’s stock valued at $141,673,000 after purchasing an additional 17,907 shares during the period. Flinton Capital Management LLC lifted its position in Goldman Sachs Group, Inc. (The) by 506.5% during the first quarter. Flinton Capital Management LLC now owns 31,756 shares of the investment management company’s stock valued at $7,295,000 after purchasing an additional 26,520 shares during the period. FTB Advisors Inc. lifted its position in Goldman Sachs Group, Inc. (The) by 22.0% during the first quarter. FTB Advisors Inc. now owns 1,600 shares of the investment management company’s stock valued at $364,000 after purchasing an additional 288 shares during the period. Finally, DekaBank Deutsche Girozentrale lifted its position in Goldman Sachs Group, Inc. (The) by 10.5% during the first quarter. DekaBank Deutsche Girozentrale now owns 89,927 shares of the investment management company’s stock valued at $20,972,000 after purchasing an additional 8,557 shares during the period. Institutional investors and hedge funds own 73.31% of the company’s stock.

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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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