Goldman Sachs Group Inc (NYSE:GS) Shares Sold by Blair William & Co. IL

Blair William & Co. IL decreased its holdings in Goldman Sachs Group Inc (NYSE:GS) by 7.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 324,014 shares of the investment management company’s stock after selling 27,399 shares during the quarter. Blair William & Co. IL owned 0.09% of Goldman Sachs Group worth $50,089,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Massachusetts Financial Services Co. MA boosted its stake in shares of Goldman Sachs Group by 4.1% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 10,678,804 shares of the investment management company’s stock valued at $2,455,378,000 after purchasing an additional 418,905 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Goldman Sachs Group by 8.6% in the first quarter. Bank of New York Mellon Corp now owns 5,779,100 shares of the investment management company’s stock valued at $893,392,000 after purchasing an additional 455,790 shares during the period. Geode Capital Management LLC boosted its stake in shares of Goldman Sachs Group by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 4,517,391 shares of the investment management company’s stock valued at $1,036,340,000 after purchasing an additional 65,392 shares during the period. Jennison Associates LLC boosted its stake in shares of Goldman Sachs Group by 303.0% in the first quarter. Jennison Associates LLC now owns 3,562,391 shares of the investment management company’s stock valued at $550,710,000 after purchasing an additional 2,678,477 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC boosted its stake in shares of Goldman Sachs Group by 2.3% in the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 3,310,513 shares of the investment management company’s stock valued at $761,186,000 after purchasing an additional 74,239 shares during the period. 70.37% of the stock is owned by institutional investors and hedge funds.

Shares of Goldman Sachs Group stock traded down $0.17 during trading on Friday, reaching $179.93. The company’s stock had a trading volume of 2,174,148 shares, compared to its average volume of 2,885,359. The company has a 50-day moving average price of $175.68 and a two-hundred day moving average price of $207.26. The firm has a market cap of $61.93 billion, a PE ratio of 9.78, a P/E/G ratio of 0.73 and a beta of 1.45. Goldman Sachs Group Inc has a fifty-two week low of $130.85 and a fifty-two week high of $250.46. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 2.78.

Goldman Sachs Group (NYSE:GS) last announced its earnings results on Wednesday, April 15th. The investment management company reported $3.11 EPS for the quarter, beating analysts’ consensus estimates of $2.83 by $0.28. The business had revenue of $8.74 billion for the quarter, compared to analysts’ expectations of $7.92 billion. Goldman Sachs Group had a net margin of 14.04% and a return on equity of 9.26%. The company’s quarterly revenue was down .7% on a year-over-year basis. During the same period in the previous year, the company posted $5.71 EPS. On average, analysts predict that Goldman Sachs Group Inc will post 13.42 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 1st will be paid a $1.25 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $5.00 annualized dividend and a yield of 2.78%. Goldman Sachs Group’s dividend payout ratio is currently 23.78%.

A number of research analysts recently issued reports on GS shares. Wells Fargo & Co decreased their price target on shares of Goldman Sachs Group from $245.00 to $210.00 and set an “overweight” rating for the company in a research note on Wednesday, April 1st. JPMorgan Chase & Co. set a $203.00 price target on shares of Goldman Sachs Group and gave the stock a “buy” rating in a research note on Monday, May 18th. Societe Generale upgraded shares of Goldman Sachs Group from a “sell” rating to a “buy” rating in a research note on Tuesday, April 14th. Citigroup reiterated a “buy” rating and issued a $245.00 price target on shares of Goldman Sachs Group in a research note on Thursday, April 16th. Finally, Bank of America decreased their price target on shares of Goldman Sachs Group from $197.00 to $154.00 and set a “buy” rating for the company in a research note on Monday, March 23rd. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $223.15.

Goldman Sachs Group Company Profile

The Goldman Sachs Group, Inc operates as an investment banking, securities, and investment management company worldwide. It operates in four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs, and risk management; and underwriting services, such as debt and equity underwriting of public offerings and private placements of various securities and other financial instruments, as well as derivative transactions with public and private sector clients.

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Institutional Ownership by Quarter for Goldman Sachs Group (NYSE:GS)

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