Has $37.25 Million Holdings in Goldman Sachs Group, Inc. (The) (GS)

Postado Outubro 12, 2017

The fund owned 167,879 shares of the investment management company's stock after acquiring an additional 28,776 shares during the period. Carret Asset Management LLC now owns 20,451 shares of the investment management company's stock worth $4,698,000 after buying an additional 113 shares during the last quarter. (The) by 3,301.2% during the 1st quarter. Finally, Northwest Quadrant Wealth Management LLC purchased a new position in shares of Goldman Sachs Group during the fourth quarter valued at $171,000. The correct version of this news story can be viewed at https://weekherald.com/2017/10/12/commonwealth-bank-of-australia-cuts-position-in-goldman-sachs-group-inc-the-gs.html. (The) by 440.8% during the 1st quarter. The total number of shares traded in the last 12 months is 2.42 million. Goldman Sachs Group, Inc. (The) by 84.4% during the 1st quarter. The value of the investment in (GS) went from $24,794,000 to $26,455,000 a change of 6.7% quarter to quarter.

Goldman Sachs Group, Inc. (The) by 33.1% during the 2nd quarter. Royal Bank Of Canada reissued a "hold" rating and issued a $240.00 price objective on shares of Goldman Sachs Group, Inc. Finally, FMR LLC raised its stake in Goldman Sachs Group, Inc. (The) by 10.7% in the first quarter.

In other Goldman Sachs Group, Inc. David M. Solomon, President and Co-COO let go of $754,983 worth of shares at an average price of $231.59 on Monday the 7th. (The) in the second quarter valued at about $111,000. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP John F.W. Rogers sold 17,685 shares of the company's stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $227.79, for a total transaction of $1,045,556.10. Following the sale, the insider now owns 177,594 shares of the company's stock, valued at $41,128,994.46. The disclosure for this sale can be found here. If you are accessing this piece on another domain, it was stolen and republished in violation of United States and worldwide copyright laws. That brings Rogers's holdings to $5,225,200 as reported to the SEC.

Hedge funds have recently added to or reduced their stakes in the company. BMO Capital Markets reissued a "hold" rating and set a $202.00 target price on shares of Goldman Sachs Group, Inc. (The) in a research note on Monday, July 10th. Credit Suisse Group downgraded Goldman Sachs Group, Inc. (The) from a buy rating to a neutral rating and boosted their price target for the stock from $220.19 to $230.00 in a research note on Monday, July 24th. The analysts noted that the move was a valuation call. Wells Fargo & Company assumed coverage on Goldman Sachs Group, Inc. (The) in a research report on Thursday, August 31st. On July 19 the company was downgraded to "Market Perform" from "Outperform" by Keefe Bruyette & Woods. Zacks Investment Research raised Goldman Sachs Group, Inc. (The) from a "hold" rating to a "sell" rating in a research note on Thursday, September 21st. The stock presently has a consensus rating of Hold and a consensus price target of $240.09. Goldman Sachs Group, Inc. has a 52 week low of $165.51 and a 52 week high of $255.15.

Goldman Sachs Group (NYSE:GS) last released its quarterly earnings data on Tuesday, April 18th.

It is trading at $242.40 barely above $229.56, the stock's 50 day moving average and a tad above the 200 day moving average of $225.14. Goldman Sachs Group, Inc.

The company now has a P/E ratio of 12.71 and the market cap of the company is 94.10B. The business had revenue of $7.89 billion for the quarter, compared to analysts' expectations of $7.47 billion.

The return on assets (ROA) (aka return on total assets, return on average assets), is one of the most widely used profitability ratios because it is related to both profit margin and asset turnover, and shows the rate of return for both creditors and investors of the company. The firm's revenue for the quarter was down.6% compared to the same quarter previous year. During the same quarter in the previous year, the firm posted $3.72 earnings per share. Equities analysts forecast that Goldman Sachs Group, Inc. will post $18.19 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 29th. Shareholders of record on Thursday, August 31st were issued a $0.75 dividend. The ex-dividend date was set for Tuesday the 29th of August 2017. The dividend payment was $0.750 per share for the quarter which comes to $3.00 on an annualized basis. (The)'s payout ratio is now 15.74%.

The Goldman Sachs Group, Inc., launched on July 21, 1998, is an investment banking, securities and investment management company that provides a range of financial services to corporations, financial institutions, governments and individuals.