Goldman Sachs Group, Inc. (The) (NYSE:GS) insider David M. Solomon sold 2,400 shares of the stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $238.49, for a total value of $572,376.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Goldman Sachs Group, Inc. (GS) traded down $1.35 during trading on Friday, reaching $238.02. The company’s stock had a trading volume of 2,826,139 shares, compared to its average volume of 3,299,301. Goldman Sachs Group, Inc. has a one year low of $209.18 and a one year high of $255.15. The company has a debt-to-equity ratio of 2.82, a quick ratio of 0.90 and a current ratio of 0.90. The firm has a market capitalization of $90,290.00, a PE ratio of 12.36, a PEG ratio of 1.20 and a beta of 1.48.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last posted its quarterly earnings results on Tuesday, October 17th. The investment management company reported $5.02 earnings per share for the quarter, beating the Zacks’ consensus estimate of $4.17 by $0.85. Goldman Sachs Group, Inc. (The) had a return on equity of 11.34% and a net margin of 26.42%. The company had revenue of $8.33 billion for the quarter, compared to analysts’ expectations of $7.59 billion. During the same period last year, the firm earned $4.88 earnings per share. Goldman Sachs Group, Inc. (The)’s quarterly revenue was up 2.0% on a year-over-year basis. analysts anticipate that Goldman Sachs Group, Inc. will post 19.03 earnings per share for the current 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 paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date is Wednesday, November 29th. Goldman Sachs Group, Inc. (The)’s dividend payout ratio is presently 15.58%.

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Several institutional investors and hedge funds have recently bought and sold shares of the company. Coastline Trust Co increased its position in shares of Goldman Sachs Group, Inc. (The) by 25.0% during the third quarter. Coastline Trust Co now owns 1,500 shares of the investment management company’s stock worth $356,000 after purchasing an additional 300 shares in the last quarter. Davis Selected Advisers increased its position in shares of Goldman Sachs Group, Inc. (The) by 0.7% during the third quarter. Davis Selected Advisers now owns 252,986 shares of the investment management company’s stock worth $60,006,000 after purchasing an additional 1,860 shares in the last quarter. Americafirst Capital Management LLC acquired a new stake in shares of Goldman Sachs Group, Inc. (The) during the third quarter worth about $301,000. Gofen & Glossberg LLC IL increased its position in shares of Goldman Sachs Group, Inc. (The) by 103.4% during the third quarter. Gofen & Glossberg LLC IL now owns 8,865 shares of the investment management company’s stock worth $2,103,000 after purchasing an additional 4,506 shares in the last quarter. Finally, Belpointe Asset Management LLC acquired a new stake in shares of Goldman Sachs Group, Inc. (The) during the third quarter worth about $658,000. Institutional investors and hedge funds own 74.41% of the company’s stock.

Several research analysts recently weighed in on GS shares. BMO Capital Markets reiterated a “hold” rating and issued a $202.00 price objective on shares of Goldman Sachs Group, Inc. (The) in a research report on Friday, October 6th. Credit Suisse Group lowered Goldman Sachs Group, Inc. (The) from an “outperform” rating to a “neutral” rating and increased their price objective for the stock from $240.00 to $255.00 in a research report on Monday, October 9th. They noted that the move was a valuation call. Citigroup Inc. reiterated a “neutral” rating and issued a $250.00 price objective (up from $225.00) on shares of Goldman Sachs Group, Inc. (The) in a research report on Monday, October 9th. Zacks Investment Research lowered Goldman Sachs Group, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Friday, November 3rd. Finally, Vertical Group lowered Goldman Sachs Group, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Monday, November 6th. Three equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $245.06.

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.

Insider Buying and Selling by Quarter for Goldman Sachs Group, Inc. (The) (NYSE:GS)

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