National Mutual Insurance Federation of Agricultural Cooperatives held its position in Goldman Sachs Group, Inc. (The) (NYSE:GS) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,100 shares of the investment management company’s stock at the close of the second quarter. National Mutual Insurance Federation of Agricultural Cooperatives’ holdings in Goldman Sachs Group, Inc. (The) were worth $2,019,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the company. BlackRock Inc. raised its holdings in shares of Goldman Sachs Group, Inc. (The) by 3,301.2% during the 1st 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. raised its holdings in shares of Goldman Sachs Group, Inc. (The) by 4.4% during the 1st quarter. Vanguard Group Inc. now owns 23,768,377 shares of the investment management company’s stock worth $5,460,072,000 after buying an additional 1,001,162 shares in the last quarter. State Street Corp raised its holdings in shares of Goldman Sachs Group, Inc. (The) by 2.7% during the 1st quarter. State Street Corp now owns 22,851,344 shares of the investment management company’s stock worth $5,249,408,000 after buying an additional 603,165 shares in the last quarter. FMR LLC raised its holdings in shares of Goldman Sachs Group, Inc. (The) by 10.9% during the 1st quarter. FMR LLC now owns 10,995,425 shares of the investment management company’s stock worth $2,525,869,000 after buying an additional 1,084,624 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Goldman Sachs Group, Inc. (The) by 8.4% during the 1st quarter. Geode Capital Management LLC now owns 3,743,111 shares of the investment management company’s stock worth $858,692,000 after buying an additional 289,159 shares in the last quarter. 73.31% of the stock is owned by institutional investors.

Goldman Sachs Group, Inc. (GS) opened at 246.02 on Friday. The firm has a market capitalization of $95.51 billion, a P/E ratio of 12.90 and a beta of 1.41. Goldman Sachs Group, Inc. has a 52 week low of $165.51 and a 52 week high of $255.15. The stock has a 50 day moving average price of $227.81 and a 200-day moving average price of $224.94.

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

The firm 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 was Tuesday, August 29th. This represents a $3.00 annualized dividend and a dividend yield of 1.22%. Goldman Sachs Group, Inc. (The)’s payout ratio is presently 15.74%.

In related news, EVP John F.W. Rogers sold 17,685 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president now directly owns 80,109 shares of the company’s stock, valued at $18,827,217.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David A. Viniar sold 4,590 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $227.79, for a total value 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 disclosure for this sale can be found here. Insiders sold 25,535 shares of company stock worth $5,956,868 over the last three months. 2.57% of the stock is owned by insiders.

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A number of research firms have recently commented on GS. HSBC Holdings plc cut Goldman Sachs Group, Inc. (The) from a “buy” rating to a “hold” rating and boosted their price target for the stock from $223.80 to $250.00 in a report on Friday, August 11th. Wells Fargo & Company assumed coverage on Goldman Sachs Group, Inc. (The) in a research report on Wednesday, August 9th. They set an “outperform” rating and a $265.00 price objective on the stock. BMO Capital Markets restated a “hold” rating and set a $202.00 price objective on shares of Goldman Sachs Group, Inc. (The) in a research report on Friday. Keefe, Bruyette & Woods restated an “outperform” rating on shares of Goldman Sachs Group, Inc. (The) in a research report on Monday, June 12th. Finally, Buckingham Research restated a “neutral” rating and set a $243.00 price objective (up previously from $235.00) on shares of Goldman Sachs Group, Inc. (The) in a research report on Monday, July 10th. Two analysts have rated the stock with a sell rating, seventeen have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $238.35.

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.

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

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