Aspiriant LLC Has $459,000 Stock Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

Aspiriant LLC decreased its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 32.5% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 927 shares of the investment management company’s stock after selling 447 shares during the period. Aspiriant LLC’s holdings in The Goldman Sachs Group were worth $459,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Aaron Wealth Advisors LLC boosted its holdings in The Goldman Sachs Group by 26.3% during the third quarter. Aaron Wealth Advisors LLC now owns 1,512 shares of the investment management company’s stock valued at $749,000 after acquiring an additional 315 shares during the period. M3 Advisory Group LLC boosted its stake in The Goldman Sachs Group by 3.9% during the 3rd quarter. M3 Advisory Group LLC now owns 564 shares of the investment management company’s stock valued at $279,000 after purchasing an additional 21 shares during the period. Claro Advisors LLC grew its holdings in The Goldman Sachs Group by 887.6% in the 3rd quarter. Claro Advisors LLC now owns 6,913 shares of the investment management company’s stock valued at $3,423,000 after buying an additional 6,213 shares during the last quarter. V Square Quantitative Management LLC increased its position in The Goldman Sachs Group by 225.0% in the 3rd quarter. V Square Quantitative Management LLC now owns 1,547 shares of the investment management company’s stock worth $766,000 after buying an additional 1,071 shares during the period. Finally, Marest Capital LLC boosted its position in shares of The Goldman Sachs Group by 7.4% in the third quarter. Marest Capital LLC now owns 3,188 shares of the investment management company’s stock valued at $1,578,000 after acquiring an additional 219 shares during the period. Institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Trading Down 0.1 %

Shares of GS opened at $528.36 on Friday. The stock’s fifty day simple moving average is $498.15 and its 200-day simple moving average is $469.05. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 2.20. The firm has a market capitalization of $170.38 billion, a PE ratio of 20.63, a price-to-earnings-growth ratio of 0.77 and a beta of 1.36. The Goldman Sachs Group, Inc. has a 12-month low of $289.36 and a 12-month high of $540.51.

The Goldman Sachs Group (NYSE:GS) last issued its earnings results on Tuesday, October 15th. The investment management company reported $8.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.89 by $1.51. The Goldman Sachs Group had a net margin of 9.36% and a return on equity of 10.56%. The company had revenue of $12.70 billion for the quarter, compared to analyst estimates of $11.77 billion. During the same quarter last year, the firm earned $5.47 EPS. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. As a group, research analysts predict that The Goldman Sachs Group, Inc. will post 35.52 earnings per share for the current year.

The Goldman Sachs Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 2nd will be paid a $3.00 dividend. This represents a $12.00 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date is Monday, December 2nd. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 46.86%.

Analysts Set New Price Targets

GS has been the topic of a number of research reports. Oppenheimer boosted their target price on shares of The Goldman Sachs Group from $577.00 to $614.00 and gave the stock an “outperform” rating in a research report on Wednesday. Keefe, Bruyette & Woods upped their price objective on shares of The Goldman Sachs Group from $555.00 to $570.00 and gave the company an “outperform” rating in a research report on Wednesday. Morgan Stanley lifted their target price on The Goldman Sachs Group from $560.00 to $570.00 and gave the stock an “overweight” rating in a research report on Wednesday. Royal Bank of Canada reiterated a “sector perform” rating and issued a $500.00 price objective on shares of The Goldman Sachs Group in a research report on Tuesday, July 30th. Finally, BMO Capital Markets boosted their price objective on The Goldman Sachs Group from $360.00 to $373.00 and gave the company a “market perform” rating in a research report on Wednesday, July 17th. Five research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat.com, The Goldman Sachs Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $524.69.

Insider Transactions at The Goldman Sachs Group

In other The Goldman Sachs Group news, insider Brian J. Lee sold 2,000 shares of the stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $530.90, for a total value of $1,061,800.00. Following the transaction, the insider now owns 10,095 shares of the company’s stock, valued at approximately $5,359,435.50. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.54% of the stock is owned by corporate insiders.

The Goldman Sachs Group Profile

The Goldman Sachs Group, Inc, a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through Global Banking & Markets, Asset & Wealth Management, and Platform Solutions segments. The Global Banking & Markets segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and relationship lending, and acquisition financing, as well as secured lending, through structured credit and asset-backed lending and involved in financing under securities to resale agreements.