Real Talk Capital LLC Has $304,000 Stock Position in The Goldman Sachs Group, Inc. $GS

Real Talk Capital LLC lowered its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 4.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 557 shares of the investment management company’s stock after selling 23 shares during the period. Real Talk Capital LLC’s holdings in The Goldman Sachs Group were worth $304,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Harold Davidson & Associates Inc. raised its holdings in shares of The Goldman Sachs Group by 50.1% during the first quarter. Harold Davidson & Associates Inc. now owns 3,081 shares of the investment management company’s stock valued at $1,683,000 after purchasing an additional 1,028 shares during the period. Invst LLC raised its holdings in shares of The Goldman Sachs Group by 503.5% during the first quarter. Invst LLC now owns 2,559 shares of the investment management company’s stock valued at $1,398,000 after purchasing an additional 2,135 shares during the period. Modern Wealth Management LLC raised its holdings in shares of The Goldman Sachs Group by 5.5% during the first quarter. Modern Wealth Management LLC now owns 946 shares of the investment management company’s stock valued at $517,000 after purchasing an additional 49 shares during the period. Anson Funds Management LP acquired a new position in shares of The Goldman Sachs Group during the first quarter valued at about $1,093,000. Finally, Strs Ohio acquired a new position in shares of The Goldman Sachs Group during the first quarter valued at about $106,371,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

The Goldman Sachs Group Trading Up 2.0%

NYSE:GS opened at $785.23 on Friday. The company has a debt-to-equity ratio of 2.57, a quick ratio of 0.67 and a current ratio of 0.67. The firm has a market cap of $237.70 billion, a price-to-earnings ratio of 17.30, a price-to-earnings-growth ratio of 1.61 and a beta of 1.41. The Goldman Sachs Group, Inc. has a 52 week low of $439.38 and a 52 week high of $793.17. The firm has a 50-day moving average price of $727.73 and a two-hundred day moving average price of $630.35.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings data on Wednesday, July 16th. The investment management company reported $10.91 EPS for the quarter, beating the consensus estimate of $9.82 by $1.09. The Goldman Sachs Group had a net margin of 12.37% and a return on equity of 14.32%. The firm had revenue of $14.58 billion during the quarter, compared to analyst estimates of $13.53 billion. During the same quarter last year, the business posted $8.62 EPS. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. On average, equities analysts expect that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Friday, August 29th will be paid a dividend of $4.00 per share. This represents a $16.00 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Friday, August 29th. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $3.00. The Goldman Sachs Group’s dividend payout ratio (DPR) is 35.26%.

Insider Activity at The Goldman Sachs Group

In other news, EVP John F.W. Rogers sold 6,008 shares of the firm’s stock in a transaction that occurred on Wednesday, July 23rd. The shares were sold at an average price of $717.39, for a total transaction of $4,310,079.12. Following the completion of the sale, the executive vice president owned 65,761 shares in the company, valued at $47,176,283.79. This trade represents a 8.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Denis P. Coleman sold 7,463 shares of the firm’s stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of $724.40, for a total transaction of $5,406,197.20. Following the sale, the chief financial officer owned 18,594 shares of the company’s stock, valued at approximately $13,469,493.60. The trade was a 28.64% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 38,323 shares of company stock worth $28,111,828. 0.55% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

GS has been the topic of several research reports. Zacks Research upgraded shares of The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a report on Friday, August 15th. Royal Bank Of Canada restated a “sector perform” rating on shares of The Goldman Sachs Group in a report on Thursday, July 10th. JMP Securities restated a “market perform” rating and issued a $600.00 target price on shares of The Goldman Sachs Group in a report on Monday, July 14th. Wall Street Zen upgraded shares of The Goldman Sachs Group from a “sell” rating to a “hold” rating in a report on Saturday, July 12th. Finally, Citizens Jmp restated a “market perform” rating on shares of The Goldman Sachs Group in a report on Monday, July 14th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $660.00.

About The Goldman Sachs Group

The Goldman Sachs Group, Inc, a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through Global Banking & Markets, Asset & Wealth Management, and Platform Solutions segments. The Global Banking & Markets segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and relationship lending, and acquisition financing, as well as secured lending, through structured credit and asset-backed lending and involved in financing under securities to resale agreements.