Procyon Advisors LLC grew its holdings in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 5.5% through the third quarter, in accordance with the corporate in its most up-to-date Type 13F submitting with the SEC. The institutional investor owned 830 shares of the funding administration firm’s inventory after buying a further 43 shares through the quarter. Procyon Advisors LLC’s holdings in The Goldman Sachs Group have been price $411,000 as of its most up-to-date submitting with the SEC.
A number of different massive buyers additionally lately made adjustments to their positions in GS. POM Funding Methods LLC purchased a brand new place in The Goldman Sachs Group within the 2nd quarter price roughly $26,000. Semmax Monetary Advisors Inc. purchased a brand new place in shares of The Goldman Sachs Group within the 2nd quarter valued at about $26,000. Headlands Applied sciences LLC acquired a brand new stake in shares of The Goldman Sachs Group through the 2nd quarter price roughly $27,000. SJS Funding Consulting Inc. raised its stake in shares of The Goldman Sachs Group by 103.3% through the second quarter. SJS Funding Consulting Inc. now owns 61 shares of the funding administration firm’s inventory price $28,000 after shopping for a further 31 shares over the last quarter. Lastly, Quest Companions LLC lifted its holdings in The Goldman Sachs Group by 6,300.0% within the second quarter. Quest Companions LLC now owns 64 shares of the funding administration firm’s inventory valued at $29,000 after shopping for a further 63 shares through the interval. Institutional buyers personal 71.21% of the corporate’s inventory.
The Goldman Sachs Group Inventory Down 0.0 %
GS inventory opened at $522.60 on Wednesday. The corporate has a debt-to-equity ratio of two.20, a present ratio of 0.72 and a fast ratio of 0.72. The inventory has a market capitalization of $168.52 billion, a P/E ratio of 20.41, a P/E/G ratio of 0.77 and a beta of 1.36. The Goldman Sachs Group, Inc. has a fifty-two week low of $289.36 and a fifty-two week excessive of $540.51. The enterprise has a 50-day transferring common of $495.39 and a 200-day transferring common of $467.39.
The Goldman Sachs Group (NYSE:GS – Get Free Report) final issued its quarterly earnings outcomes on Tuesday, October fifteenth. The funding administration firm reported $8.40 earnings per share for the quarter, topping the consensus estimate of $7.87 by $0.53. The corporate had income of $12.70 billion through the quarter, in comparison with analysts’ expectations of $11.77 billion. The Goldman Sachs Group had a web margin of 9.36% and a return on fairness of 10.56%. The enterprise’s quarterly income was up 7.4% on a year-over-year foundation. Throughout the identical interval final yr, the enterprise earned $5.47 EPS. On common, sell-side analysts anticipate that The Goldman Sachs Group, Inc. will put up 35.52 earnings per share for the present fiscal yr.
The Goldman Sachs Group Dividend Announcement
The agency additionally lately declared a quarterly dividend, which might be paid on Monday, December thirtieth. Shareholders of report on Monday, December 2nd might be given a dividend of $3.00 per share. This represents a $12.00 annualized dividend and a yield of two.30%. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 46.86%.
Analyst Upgrades and Downgrades
GS has been the topic of a number of current analysis stories. Oppenheimer upped their goal value on shares of The Goldman Sachs Group from $548.00 to $577.00 and gave the corporate an “outperform” score in a analysis report on Wednesday, October 2nd. JPMorgan Chase & Co. upped their value goal on The Goldman Sachs Group from $464.00 to $472.00 and gave the corporate an “chubby” score in a report on Monday, September ninth. JMP Securities raised their goal value on The Goldman Sachs Group from $525.00 to $550.00 and gave the inventory a “market outperform” score in a report on Wednesday, October ninth. Keefe, Bruyette & Woods upped their value goal on The Goldman Sachs Group from $485.00 to $520.00 and gave the corporate an “outperform” score in a analysis be aware on Thursday, June twenty seventh. Lastly, Wolfe Analysis raised shares of The Goldman Sachs Group to a “maintain” score in a analysis be aware on Wednesday, September 18th. 5 analysis analysts have rated the inventory with a maintain score and fourteen have given a purchase score to the corporate’s inventory. Based mostly on knowledge from MarketBeat, The Goldman Sachs Group presently has a mean score of “Reasonable Purchase” and a consensus value goal of $504.75.
The Goldman Sachs Group Profile
The Goldman Sachs Group, Inc, a monetary establishment, gives a spread of monetary companies for companies, monetary establishments, governments, and people worldwide. It operates by way of World Banking & Markets, Asset & Wealth Administration, and Platform Options segments. The World Banking & Markets phase gives monetary advisory companies, 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 way of structured credit score and asset-backed lending and concerned in financing below securities to resale agreements.
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