Goldman Sachs Group, Inc. (The) (NYSE:GS) Chairman Lloyd C. Blankfein sold 20,794 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $238.38, for a total value of $4,956,873.72. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Goldman Sachs Group, Inc. (GS) opened at $236.43 on Friday. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 2.82. Goldman Sachs Group, Inc. has a twelve month low of $209.37 and a twelve month high of $255.15. The stock has a market cap of $89,181.75, a PE ratio of 12.31, a price-to-earnings-growth ratio of 1.20 and a beta of 1.48.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last issued its earnings results on Tuesday, October 17th. The investment management company reported $5.02 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $4.17 by $0.85. Goldman Sachs Group, Inc. (The) had a net margin of 26.42% and a return on equity of 11.34%. The firm had revenue of $8.33 billion for the quarter, compared to analysts’ expectations of $7.59 billion. During the same quarter last year, the company posted $4.88 earnings per share. Goldman Sachs Group, Inc. (The)’s revenue was up 2.0% on a year-over-year basis. equities analysts expect that Goldman Sachs Group, Inc. will post 19.03 EPS for the current fiscal year.

The firm also recently announced 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 dividend on an annualized basis and a yield of 1.27%. Goldman Sachs Group, Inc. (The)’s dividend payout ratio is currently 15.63%.

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Several analysts have recently weighed in on the company. Zacks Investment Research upgraded Goldman Sachs Group, Inc. (The) from a “hold” rating to a “buy” rating and set a $271.00 target price for the company in a research note on Friday, October 20th. BidaskClub upgraded Goldman Sachs Group, Inc. (The) from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Wells Fargo & Co assumed coverage on Goldman Sachs Group, Inc. (The) in a research note on Wednesday, August 9th. They set an “outperform” rating and a $265.00 target price for the company. Buckingham Research restated a “neutral” rating and set a $250.00 target price (up from $243.00) on shares of Goldman Sachs Group, Inc. (The) in a research note on Wednesday, October 18th. Finally, TheStreet upgraded Goldman Sachs Group, Inc. (The) from a “c+” rating to a “b” rating in a research note on Friday, October 13th. Three equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $245.06.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Northwest Quadrant Wealth Management LLC bought a new stake in shares of Goldman Sachs Group, Inc. (The) during the second quarter valued at approximately $407,000. Sumitomo Mitsui Financial Group Inc. bought a new stake in shares of Goldman Sachs Group, Inc. (The) during the second quarter valued at approximately $101,000. WealthTrust Arizona LLC raised its holdings in shares of 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 valued at $104,000 after buying an additional 231 shares during the last quarter. Sterling Investment Advisors Ltd. raised its holdings in shares of 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 valued at $105,000 after buying an additional 125 shares during the last quarter. Finally, Shine Investment Advisory Services Inc. bought a new stake in shares of Goldman Sachs Group, Inc. (The) during the second quarter valued at approximately $111,000. 74.01% of the stock is currently owned by hedge funds and other institutional investors.

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.

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

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