Greenhaven Associates Inc. increased its stake in Goldman Sachs Group, Inc. (The) (NYSE:GS) by 2.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,793,287 shares of the investment management company’s stock after acquiring an additional 91,200 shares during the period. Goldman Sachs Group, Inc. (The) makes up 12.7% of Greenhaven Associates Inc.’s investment portfolio, making the stock its largest position. Greenhaven Associates Inc. owned about 0.98% of Goldman Sachs Group, Inc. (The) worth $841,730,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. WealthTrust Arizona LLC lifted its position in Goldman Sachs Group, Inc. (The) by 97.1% during 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. Shine Investment Advisory Services Inc. acquired a new position in Goldman Sachs Group, Inc. (The) during the second quarter valued at approximately $111,000. First Personal Financial Services lifted its position in Goldman Sachs Group, Inc. (The) by 230.2% during the second quarter. First Personal Financial Services now owns 525 shares of the investment management company’s stock valued at $116,000 after buying an additional 366 shares in the last quarter. Parallel Advisors LLC lifted its position in Goldman Sachs Group, Inc. (The) by 10.7% during 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. Finally, Security Asset Management acquired a new position in Goldman Sachs Group, Inc. (The) during the second quarter valued at approximately $128,000. 73.31% of the stock is currently owned by institutional investors and hedge funds.

Shares of Goldman Sachs Group, Inc. (NYSE GS) opened at 246.02 on Friday. The company has a market cap of $95.51 billion, a price-to-earnings ratio of 12.90 and a beta of 1.41. The company has a 50 day moving average of $227.81 and a 200-day moving average of $224.94. Goldman Sachs Group, Inc. has a 52 week low of $165.51 and a 52 week high of $255.15.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last issued its quarterly earnings results on Tuesday, July 18th. The investment management company reported $3.95 EPS for the quarter, topping 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 company had revenue of $7.89 billion during the quarter, compared to analyst estimates of $7.47 billion. During the same period in the previous year, the company earned $3.72 earnings per share. The company’s quarterly revenue was down .6% compared to the same quarter last year. On average, equities research analysts expect that Goldman Sachs Group, Inc. will post $18.17 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, September 28th. Investors of record on Thursday, August 31st were paid a $0.75 dividend. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.22%. Goldman Sachs Group, Inc. (The)’s payout ratio is 15.74%.

In related news, 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 value of $4,156,328.70. Following the completion of the transaction, the executive vice president now directly owns 80,109 shares in the company, valued at $18,827,217.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 value 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 disclosure for this sale can be found here. Insiders sold 25,535 shares of company stock valued at $5,956,868 over the last 90 days. 2.57% of the stock is currently owned by corporate insiders.

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GS has been the topic of a number of recent research reports. Keefe, Bruyette & Woods reaffirmed an “outperform” rating on shares of Goldman Sachs Group, Inc. (The) in a research report on Monday, June 12th. ValuEngine raised shares of Goldman Sachs Group, Inc. (The) from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 13th. Vetr cut shares of Goldman Sachs Group, Inc. (The) from a “buy” rating to a “hold” rating and set a $233.49 price target on the stock. in a research report on Wednesday, June 14th. Royal Bank Of Canada reaffirmed a “hold” rating and set a $240.00 price target on shares of Goldman Sachs Group, Inc. (The) in a research report on Friday, June 23rd. Finally, J P Morgan Chase & Co reaffirmed a “buy” rating and set a $260.00 price target on shares of Goldman Sachs Group, Inc. (The) in a research report on Monday, June 26th. Two equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. Goldman Sachs Group, Inc. (The) has a consensus rating of “Hold” and an average price target of $238.35.

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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