Horseman Capital Management Ltd lowered its position in Goldman Sachs Group, Inc. (The) (NYSE:GS) by 0.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 36,200 shares of the investment management company’s stock after selling 300 shares during the period. Goldman Sachs Group, Inc. (The) accounts for about 1.9% of Horseman Capital Management Ltd’s holdings, making the stock its 21st biggest position. Horseman Capital Management Ltd’s holdings in Goldman Sachs Group, Inc. (The) were worth $8,586,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in GS. BlackRock Inc. boosted its holdings in Goldman Sachs Group, Inc. (The) by 3,301.2% in the first quarter. BlackRock Inc. now owns 24,569,536 shares of the investment management company’s stock worth $5,644,114,000 after acquiring an additional 23,847,154 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in Goldman Sachs Group, Inc. (The) by 4,096.0% in the second quarter. Janus Henderson Group PLC now owns 2,475,978 shares of the investment management company’s stock worth $549,415,000 after acquiring an additional 2,416,970 shares in the last quarter. New England Asset Management Inc. boosted its holdings in Goldman Sachs Group, Inc. (The) by 440.8% in the first quarter. New England Asset Management Inc. now owns 2,331,063 shares of the investment management company’s stock worth $535,492,000 after acquiring an additional 1,900,000 shares in the last quarter. Alliancebernstein L.P. raised its stake in shares of Goldman Sachs Group, Inc. (The) by 84.4% in the first quarter. Alliancebernstein L.P. now owns 3,221,215 shares of the investment management company’s stock worth $739,978,000 after purchasing an additional 1,474,433 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake in shares of Goldman Sachs Group, Inc. (The) by 47.1% in the second quarter. The Manufacturers Life Insurance Company now owns 3,602,847 shares of the investment management company’s stock worth $799,472,000 after purchasing an additional 1,152,869 shares during the last quarter. Institutional investors and hedge funds own 74.41% of the company’s stock.

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Several analysts have recently commented on the company. BidaskClub downgraded Goldman Sachs Group, Inc. (The) from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Zacks Investment Research downgraded Goldman Sachs Group, Inc. (The) from a “hold” rating to a “sell” rating in a research note on Thursday, September 21st. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $240.00 price objective on shares of Goldman Sachs Group, Inc. (The) in a research note on Thursday, October 19th. BMO Capital Markets reissued a “hold” rating and issued a $202.00 price objective on shares of Goldman Sachs Group, Inc. (The) in a research note on Friday, October 6th. Finally, TheStreet downgraded Goldman Sachs Group, Inc. (The) from a “b” rating to a “c+” rating in a research note on Thursday, September 7th. Three research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $245.06.

Goldman Sachs Group, Inc. (GS) opened at $238.02 on Friday. Goldman Sachs Group, Inc. has a twelve month low of $209.18 and a twelve month high of $255.15. The company has a debt-to-equity ratio of 2.82, a current ratio of 0.90 and a quick ratio of 0.90. The company has a market capitalization of $89,781.62, a price-to-earnings ratio of 12.40, a PEG ratio of 1.21 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 EPS for the quarter, topping 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 firm had revenue of $8.33 billion during the quarter, compared to analyst estimates of $7.59 billion. During the same period last year, the company earned $4.88 earnings per share. The business’s revenue for the quarter was up 2.0% on a year-over-year basis. research analysts anticipate that Goldman Sachs Group, Inc. will post 19.03 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th will be issued a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date is Wednesday, November 29th. Goldman Sachs Group, Inc. (The)’s payout ratio is currently 15.63%.

In related news, insider David M. Solomon sold 2,400 shares of Goldman Sachs Group, Inc. (The) stock in a transaction on Monday, November 13th. The stock was sold at an average price of $238.49, for a total transaction of $572,376.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director David A. Viniar sold 7,393 shares of Goldman Sachs Group, Inc. (The) stock in a transaction on 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. Insiders sold 39,744 shares of company stock valued at $9,697,984 over the last ninety days. Corporate insiders own 2.57% of the company’s stock.

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

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