Capital Efficiency Advisors LLP purchased a brand new stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) in the course of the third quarter, in response to the corporate in its most up-to-date disclosure with the SEC. The fund purchased 77 shares of the funding administration firm’s inventory, valued at roughly $38,000.
Different giant buyers additionally lately made adjustments to their positions within the firm. Semmax Monetary Advisors Inc. acquired a brand new stake in The Goldman Sachs Group in the course of the second quarter valued at $26,000. POM Funding Methods LLC purchased a brand new stake in shares of The Goldman Sachs Group within the 2nd quarter valued at roughly $26,000. Headlands Applied sciences LLC purchased a brand new stake in shares of The Goldman Sachs Group within the 2nd quarter valued at roughly $27,000. SJS Funding Consulting Inc. elevated its holdings in The Goldman Sachs Group by 103.3% within the second quarter. SJS Funding Consulting Inc. now owns 61 shares of the funding administration firm’s inventory value $28,000 after shopping for an extra 31 shares over the past quarter. Lastly, West Department Capital LLC purchased a brand new place in The Goldman Sachs Group in the course of the third quarter valued at roughly $30,000. Institutional buyers and hedge funds personal 71.21% of the corporate’s inventory.
Wall Avenue Analysts Forecast Progress
A number of brokerages have lately commented on GS. BMO Capital Markets elevated their worth goal on shares of The Goldman Sachs Group from $360.00 to $373.00 and gave the inventory a “market carry out” score in a analysis word on Wednesday, July seventeenth. Citigroup raised their goal worth on The Goldman Sachs Group from $460.00 to $485.00 and gave the corporate a “impartial” score in a report on Tuesday, July sixteenth. JPMorgan Chase & Co. upped their worth goal on The Goldman Sachs Group from $472.00 to $520.00 and gave the inventory an “chubby” score in a analysis word on Wednesday, October sixteenth. Barclays raised their worth goal on The Goldman Sachs Group from $565.00 to $588.00 and gave the corporate an “chubby” score in a analysis word on Wednesday, October sixteenth. Lastly, JMP Securities upped their goal worth on The Goldman Sachs Group from $525.00 to $550.00 and gave the inventory a “market outperform” score in a analysis report on Wednesday, October ninth. 5 equities analysis analysts have rated the inventory with a maintain score and fourteen have assigned a purchase score to the corporate. Based mostly on information from MarketBeat, the inventory at the moment has a consensus score of “Reasonable Purchase” and a mean goal worth of $527.63.
Get Our Newest Evaluation on GS
The Goldman Sachs Group Inventory Up 1.2 %
Shares of GS opened at $589.26 on Monday. The corporate has a debt-to-equity ratio of two.32, a fast ratio of 0.72 and a present ratio of 0.67. The corporate has a 50-day easy shifting common of $507.79 and a 200-day easy shifting common of $482.88. The Goldman Sachs Group, Inc. has a 52 week low of $319.66 and a 52 week excessive of $598.60. The agency has a market capitalization of $184.97 billion, a P/E ratio of 17.29, a P/E/G ratio of 0.86 and a beta of 1.35.
The Goldman Sachs Group (NYSE:GS – Get Free Report) final posted its quarterly earnings outcomes on Tuesday, October fifteenth. The funding administration firm reported $8.40 earnings per share for the quarter, topping analysts’ consensus estimates of $6.89 by $1.51. The agency had income of $12.70 billion for the quarter, in comparison with the consensus estimate of $11.77 billion. The Goldman Sachs Group had a internet margin of 9.89% and a return on fairness of 11.39%. The enterprise’s income was up 7.4% in comparison with the identical quarter final yr. Throughout the identical quarter within the earlier yr, the corporate earned $5.47 earnings per share. On common, equities analysis analysts count on that The Goldman Sachs Group, Inc. will submit 37.15 earnings per share for the present yr.
The Goldman Sachs Group Broadcasts Dividend
The corporate additionally lately introduced a quarterly dividend, which can be paid on Monday, December thirtieth. Stockholders of file on Monday, December 2nd can be issued a $3.00 dividend. This represents a $12.00 annualized dividend and a dividend yield of two.04%. The ex-dividend date is Monday, December 2nd. The Goldman Sachs Group’s payout ratio is 35.21%.
Insider Exercise
In different The Goldman Sachs Group information, EVP John F.W. Rogers bought 6,416 shares of the inventory in a transaction dated Wednesday, November sixth. The shares have been bought at a mean worth of $596.36, for a complete transaction of $3,826,245.76. Following the sale, the manager vice chairman now owns 57,614 shares of the corporate’s inventory, valued at $34,358,685.04. This represents a 0.00 % lower of their place. The sale was disclosed in a authorized submitting with the Securities & Trade Fee, which might be accessed by this hyperlink. In different The Goldman Sachs Group information, CAO Sheara J. Fredman bought 2,974 shares of the enterprise’s inventory in a transaction dated Wednesday, November sixth. The inventory was bought at a mean worth of $594.51, for a complete transaction of $1,768,072.74. Following the completion of the sale, the chief accounting officer now immediately owns 8,489 shares of the corporate’s inventory, valued at roughly $5,046,795.39. The commerce was a 0.00 % lower of their place. The sale was disclosed in a doc filed with the SEC, which might be accessed by the SEC web site. Additionally, EVP John F.W. Rogers bought 6,416 shares of the agency’s inventory in a transaction that occurred on Wednesday, November sixth. The shares have been bought at a mean worth of $596.36, for a complete transaction of $3,826,245.76. Following the completion of the transaction, the manager vice chairman now immediately owns 57,614 shares within the firm, valued at roughly $34,358,685.04. The commerce was a 0.00 % lower of their possession of the inventory. The disclosure for this sale might be discovered right here. Over the past 90 days, insiders bought 11,390 shares of firm inventory value $6,656,119. Insiders personal 0.54% of the corporate’s inventory.
About The Goldman Sachs Group
The Goldman Sachs Group, Inc, a monetary establishment, supplies a variety of economic providers for companies, monetary establishments, governments, and people worldwide. It operates by World Banking & Markets, Asset & Wealth Administration, and Platform Options segments. The World Banking & Markets section supplies monetary advisory providers, together with strategic advisory assignments associated to mergers and acquisitions, divestitures, company protection actions, restructurings, and spin-offs; and relationship lending, and acquisition financing, in addition to secured lending, by structured credit score and asset-backed lending and concerned in financing beneath securities to resale agreements.
Additional Studying
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