Company shares are trading at $19.49 a tad above $19.43, the 50 day moving average and which is a tad above the 200 day moving average of $19.18.
Among 27 analysts covering Goldman Sachs Group Inc. The hedge fund run by Thomas Lenox Kempner held 23,203 shares of the finance company at the end of 2017Q2, valued at $5.15M, up from 20,241 at the end of the previous reported quarter.
A number of other institutional investors have also modified their holdings of GS. Carroll Fin Associates stated it has 0.02% of its portfolio in Goldman Sachs Group Inc (NYSE:GS). The Suffolk Capital Management Llc holds 68,340 shares with $15.17 million value, up from 64,600 last quarter. Moreover, Genesee Valley Trust has 0.54% invested in Goldman Sachs Group Inc (NYSE:GS) for 5,696 shares. (The) by 230.2% in the 2nd quarter. The firm owned 93,355 shares of the investment management company's stock after acquiring an additional 3,070 shares during the period.
Analysts await Goldman Sachs Group Inc (NYSE:GS) to report earnings on October, 17 before the open. (The) by 10.7% in the first quarter. Jennison Associates LLC now owns 4,371,336 shares of the investment management company's stock valued at $704,965,000 after buying an additional 3,075,277 shares in the last quarter. (The) in the second quarter valued at $128,000. The stock of Goldman Sachs Group Inc (NYSE:GS) has "Neutral" rating given on Friday, October 16 by UBS. (NYSE:GS) opened at 240.65 on Tuesday. Meiji Yasuda Life Insurance Com reported 0.33% in Goldman Sachs Group Inc (NYSE:GS). Overall, volume was down 97.18% under the stocks normal daily volume. The company has a market cap of $92.08 billion, a P/E ratio of 12.44 and a beta of 1.42.
Several analysts have issued reports on the company. (The) had a net margin of 26.44% and a return on equity of 11.27%.
Average Revenue Estimate for the current quarter is $7.71 Billion, according to consensus forecast of 16 analysts. The investment management company reported $3.95 earnings per share for the quarter, topping the consensus estimate of $3.39 by $0.56. (The)'s revenue was down.6% compared to the same quarter a year ago. Its sales stood at 0.60% a year on average in the period of last five years.
The company also recently declared a quarterly dividend, which was paid on Thursday, September 28th. Days to cover decreased from 4.0 to 3.0 and the short interest percentage is 0.00% as of August 31. The ex-dividend date of this dividend is Tuesday, May 30th. This represents a $3.00 annualized dividend and a yield of 1.25%. Goldman Sachs Group's dividend payout ratio (DPR) is now 15.89%.
ILLEGAL ACTIVITY NOTICE: This piece was originally reported by Equities Focus and is the property of of Equities Focus. If you are accessing this piece of content on another site, it was copied illegally and reposted in violation of USA and global copyright and trademark law. Suffolk Capital Management Llc acquired 3,740 shares as Goldman Sachs Group Inc (GS)'s stock declined 13.97%. Bbva Compass Comml Bank has invested 0.15% in Goldman Sachs Group Inc (NYSE:GS). The rating was maintained by RBC Capital Markets with "Hold" on Thursday, June 22. Credit Suisse maintained it with "Outperform" rating and $180 target in Wednesday, March 30 report. Parallel Advisors LLC increased its position in shares of Goldman Sachs Group, Inc. BidaskClub lowered Goldman Sachs Group, Inc. (The) in a research report on Thursday, August 31st. Presently, Goldman Sachs Group (GS)'s Williams Percent Range or 14 day Williams %R is resting at -2.60. The rating was maintained by RBC Capital Markets on Monday, July 10 with "Buy". Buckingham Research reaffirmed a "neutral" rating and set a $243.00 price target (up from $235.00) on shares of Goldman Sachs Group, Inc. Goldman Sachs Group now has a consensus rating of Hold and an average target price of $228.54.
Goldman Sachs's approach differs from that of JPMorgan Chase & Co. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The shares were sold at an average price of $231.59, for a total value of $754,983.40. Following the completion of the sale, the executive vice president now owns 80,109 shares of the company's stock, valued at approximately $18,827,217.18.