Tokio Marine Asset Management Co. Ltd. lessened its holdings in shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) by 18.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,428 shares of the investment management company’s stock after selling 972 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Goldman Sachs Group, Inc. (The) were worth $1,050,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Northwest Quadrant Wealth Management LLC acquired a new stake in shares of Goldman Sachs Group, Inc. (The) during the 2nd quarter worth about $407,000. Sumitomo Mitsui Financial Group Inc. acquired a new stake in shares of Goldman Sachs Group, Inc. (The) during the 2nd quarter worth about $101,000. WealthTrust Arizona LLC raised its position in shares of Goldman Sachs Group, Inc. (The) by 97.1% during the 2nd quarter. WealthTrust Arizona LLC now owns 469 shares of the investment management company’s stock worth $104,000 after acquiring an additional 231 shares in the last quarter. Sterling Investment Advisors Ltd. raised its position in shares of Goldman Sachs Group, Inc. (The) by 35.7% during the 2nd quarter. Sterling Investment Advisors Ltd. now owns 475 shares of the investment management company’s stock worth $105,000 after acquiring an additional 125 shares in the last quarter. Finally, Shine Investment Advisory Services Inc. acquired a new stake in shares of Goldman Sachs Group, Inc. (The) during the 2nd quarter worth about $111,000. 74.01% of the stock is currently owned by institutional investors and hedge funds.

GS has been the topic of a number of research reports. Zacks Investment Research downgraded Goldman Sachs Group, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Friday, November 3rd. Societe Generale set a $198.00 price target on Goldman Sachs Group, Inc. (The) and gave the stock a “sell” rating in a research note on Thursday, October 19th. TheStreet upgraded Goldman Sachs Group, Inc. (The) from a “c+” rating to a “b” rating in a research note on Friday, October 13th. Citigroup Inc. restated a “neutral” rating and set a $250.00 price target (up previously from $225.00) on shares of Goldman Sachs Group, Inc. (The) in a research note on Monday, October 9th. Finally, Morgan Stanley raised their price target on Goldman Sachs Group, Inc. (The) from $265.00 to $287.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 18th. 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 given a strong buy rating to the stock. Goldman Sachs Group, Inc. (The) presently has a consensus rating of “Hold” and a consensus target price of $245.06.

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Goldman Sachs Group, Inc. (NYSE GS) opened at $238.02 on Monday. The stock has a market capitalization of $89,781.51, a price-to-earnings ratio of 12.40, a P/E/G ratio of 1.21 and a beta of 1.48. Goldman Sachs Group, Inc. has a 1-year low of $209.18 and a 1-year high of $255.15. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 2.82.

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 the consensus estimate of $4.17 by $0.85. The firm had revenue of $8.33 billion during the quarter, compared to analysts’ expectations of $7.59 billion. Goldman Sachs Group, Inc. (The) had a return on equity of 11.34% and a net margin of 26.42%. Goldman Sachs Group, Inc. (The)’s revenue was up 2.0% on a year-over-year basis. During the same period in the previous year, the firm posted $4.88 earnings per share. analysts predict that Goldman Sachs Group, Inc. will post 19.03 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Investors of record on Thursday, November 30th will be issued a dividend of $0.75 per share. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $3.00 annualized dividend and a yield of 1.26%. Goldman Sachs Group, Inc. (The)’s dividend payout ratio is presently 15.63%.

In related news, Vice Chairman Richard J. Gnodde sold 4,951 shares of Goldman Sachs Group, Inc. (The) stock in a transaction on Wednesday, October 18th. The stock was sold at an average price of $239.95, for a total transaction of $1,187,992.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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 stock was 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. Over the last ninety days, insiders have sold 39,744 shares of company stock valued at $9,697,984. 2.57% of the stock is currently owned by insiders.

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.

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

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