Windsor Group LTD Trims Stock Position in Goldman Sachs Group Inc (NYSE:GS)

Windsor Group LTD cut its position in shares of Goldman Sachs Group Inc (NYSE:GS) by 5.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,640 shares of the investment management company’s stock after selling 161 shares during the period. Windsor Group LTD’s holdings in Goldman Sachs Group were worth $523,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in shares of Goldman Sachs Group by 1.3% in the second quarter. Vanguard Group Inc. now owns 25,542,067 shares of the investment management company’s stock valued at $5,225,908,000 after purchasing an additional 334,260 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Goldman Sachs Group by 42.4% in the second quarter. Invesco Ltd. now owns 4,910,981 shares of the investment management company’s stock valued at $1,004,786,000 after purchasing an additional 1,463,251 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Goldman Sachs Group by 6.3% in the second quarter. Bank of New York Mellon Corp now owns 4,362,498 shares of the investment management company’s stock valued at $892,567,000 after purchasing an additional 258,059 shares in the last quarter. Greenhaven Associates Inc. grew its holdings in shares of Goldman Sachs Group by 1.0% in the second quarter. Greenhaven Associates Inc. now owns 3,378,421 shares of the investment management company’s stock valued at $691,225,000 after purchasing an additional 34,494 shares in the last quarter. Finally, Nuveen Asset Management LLC grew its holdings in shares of Goldman Sachs Group by 1,026.7% in the second quarter. Nuveen Asset Management LLC now owns 2,132,535 shares of the investment management company’s stock valued at $436,316,000 after purchasing an additional 1,943,266 shares in the last quarter. 68.69% of the stock is currently owned by institutional investors.

A number of research analysts recently weighed in on GS shares. Zacks Investment Research upgraded shares of Goldman Sachs Group from a “sell” rating to a “hold” rating and set a $207.00 price objective for the company in a report on Tuesday, June 25th. Keefe, Bruyette & Woods upgraded shares of Goldman Sachs Group from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $225.00 to $260.00 in a report on Friday, July 26th. Odeon Capital Group cut shares of Goldman Sachs Group from a “buy” rating to a “hold” rating in a report on Thursday, September 5th. Royal Bank of Canada set a $220.00 price target on shares of Goldman Sachs Group and gave the stock a “neutral” rating in a report on Monday, October 7th. Finally, Deutsche Bank reiterated a “buy” rating on shares of Goldman Sachs Group in a report on Friday, June 28th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $240.42.

NYSE GS opened at $209.00 on Tuesday. The company has a quick ratio of 0.85, a current ratio of 0.78 and a debt-to-equity ratio of 2.36. Goldman Sachs Group Inc has a 52 week low of $151.70 and a 52 week high of $234.06. The stock has a market capitalization of $74.26 billion, a PE ratio of 8.27, a price-to-earnings-growth ratio of 0.79 and a beta of 1.35. The firm has a 50 day moving average of $207.71 and a two-hundred day moving average of $203.54.

Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings data on Tuesday, October 15th. The investment management company reported $4.79 earnings per share for the quarter, missing the consensus estimate of $5.03 by ($0.24). The company had revenue of $8.32 billion for the quarter, compared to analysts’ expectations of $8.33 billion. Goldman Sachs Group had a return on equity of 11.02% and a net margin of 18.86%. The firm’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $6.28 EPS. On average, equities research analysts expect that Goldman Sachs Group Inc will post 21.81 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 2nd will be given a dividend of $1.25 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $5.00 annualized dividend and a dividend yield of 2.39%. Goldman Sachs Group’s dividend payout ratio is presently 19.79%.

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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