North Star Asset Management Inc. lifted its position in shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) by 3.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,015 shares of the investment management company’s stock after purchasing an additional 150 shares during the quarter. North Star Asset Management Inc.’s holdings in Goldman Sachs Group, Inc. (The) were worth $891,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of GS. Sumitomo Mitsui Financial Group Inc. bought a new stake in Goldman Sachs Group, Inc. (The) during the second quarter worth $101,000. WealthTrust Arizona LLC grew its holdings 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 worth $104,000 after buying an additional 231 shares in the last quarter. Sterling Investment Advisors Ltd. grew its holdings in Goldman Sachs Group, Inc. (The) by 35.7% during the second quarter. Sterling Investment Advisors Ltd. now owns 475 shares of the investment management company’s stock worth $105,000 after buying an additional 125 shares in the last quarter. Shine Investment Advisory Services Inc. bought a new stake in Goldman Sachs Group, Inc. (The) during the second quarter worth $111,000. Finally, First Personal Financial Services grew its holdings 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 worth $116,000 after buying an additional 366 shares in the last quarter. 73.14% of the stock is currently owned by institutional investors.

Shares of Goldman Sachs Group, Inc. (NYSE:GS) opened at $239.81 on Wednesday. The stock has a market capitalization of $91,844.80, a PE ratio of 12.68, a P/E/G ratio of 1.24 and a beta of 1.48. The company has a debt-to-equity ratio of 2.70, a quick ratio of 0.89 and a current ratio of 0.89. Goldman Sachs Group, Inc. has a 1-year low of $178.46 and a 1-year high of $255.15.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last issued its quarterly earnings data on Tuesday, October 17th. The investment management company reported $5.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.17 by $0.85. The business had revenue of $8.33 billion for the quarter, compared to analysts’ expectations of $7.59 billion. Goldman Sachs Group, Inc. (The) had a return on equity of 11.32% and a net margin of 26.42%. The firm’s quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.88 EPS. analysts expect that Goldman Sachs Group, Inc. will post 19.03 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th will be issued a $0.75 dividend. The ex-dividend date is Wednesday, November 29th. This represents a $3.00 annualized dividend and a dividend yield of 1.25%. Goldman Sachs Group, Inc. (The)’s payout ratio is currently 15.63%.

GS has been the subject of several recent research reports. 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 reiterated a “hold” rating and set a $240.00 price target on shares of Goldman Sachs Group, Inc. (The) in a report on Thursday, August 31st. Morgan Stanley upped their price target on Goldman Sachs Group, Inc. (The) from $265.00 to $287.00 and gave the stock an “overweight” rating in a report on Wednesday, October 18th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $240.00 price target on shares of Goldman Sachs Group, Inc. (The) in a report on Thursday, October 19th. Finally, Capital One Financial Corporation reiterated a “buy” rating on shares of Goldman Sachs Group, Inc. (The) in a report on Tuesday, July 11th. Three analysts have rated the stock with a sell rating, seventeen have given a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $245.06.

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In other Goldman Sachs Group, Inc. (The) news, Vice Chairman Richard J. Gnodde sold 4,951 shares of the firm’s stock in a transaction dated Wednesday, October 18th. The stock was sold at an average price of $239.95, for a total value of $1,187,992.45. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director David A. Viniar sold 7,393 shares of the firm’s stock in a transaction dated Friday, October 20th. The shares were sold at an average price of $245.18, for a total value of $1,812,615.74. The disclosure for this sale can be found here. In the last ninety days, insiders sold 37,344 shares of company stock worth $9,125,608. Insiders own 2.57% of the company’s stock.

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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