Goldman Sachs Group, Inc. (The) (GS) Earns “Hold” Rating from Keefe, Bruyette & Woods

Goldman Sachs Group, Inc. (The) logoKeefe, Bruyette & Woods reiterated their maintain score on shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) in a badysis report despatched to buyers on Thursday, October 19th. They presently have a $240.00 value goal on the funding administration firm’s inventory.

GS has been the topic of a number of different experiences. BidaskClub downgraded shares of Goldman Sachs Group, Inc. (The) from a maintain score to a promote score in a badysis observe on Tuesday, July 25th. Buckingham Research restated a impartial score and issued a $243.00 goal value (up from $235.00) on shares of Goldman Sachs Group, Inc. (The) in a badysis observe on Monday, July 10th. Wells Fargo & Company initiated protection on shares of Goldman Sachs Group, Inc. (The) in a badysis observe on Wednesday, August ninth. They issued an outperform score and a $265.00 goal value for the corporate. Berenberg Bank restated a promote score and issued a $190.00 goal value on shares of Goldman Sachs Group, Inc. (The) in a badysis observe on Friday, July 21st. Finally, Credit Suisse Group upped their goal value on shares of Goldman Sachs Group, Inc. (The) from $230.00 to $240.00 and gave the corporate an outperform score in a badysis observe on Wednesday, June 28th. Three equities badysis badysts have rated the inventory with a promote score, eighteen have issued a maintain score, eleven have given a purchase score and one has issued a powerful purchase score to the corporate. The inventory presently has a mean score of Hold and a mean value goal of $244.98.

Shares of Goldman Sachs Group, Inc. (NYSE:GS) traded down $zero.88 throughout noon buying and selling on Thursday, hitting $243.52. 848,930 shares of the corporate’s inventory traded arms, in comparison with its common quantity of two,590,00zero. The firm has a fast ratio of zero.89, a present ratio of zero.89 and a debt-to-equity ratio of two.70. The inventory has a market capitalization of $92,190.00, a P/E ratio of 12.73, a PEG ratio of 1.24 and a beta of 1.48. Goldman Sachs Group, Inc. has a 12 month low of $174.73 and a 12 month excessive of $255.15.

Goldman Sachs Group, Inc. (The) (NYSE:GS) final issued its quarterly earnings outcomes on Tuesday, October 17th. The funding administration firm reported $5.02 EPS for the quarter, topping the consensus estimate of $four.17 by $zero.85. Goldman Sachs Group, Inc. (The) had a web margin of 26.42% and a return on fairness of 11.32%. The agency had income of $eight.33 billion through the quarter, in comparison with badyst estimates of $7.59 billion. During the identical quarter within the prior 12 months, the enterprise posted $four.88 earnings per share. Goldman Sachs Group, Inc. (The)’s income for the quarter was up 2.zero% in comparison with the identical quarter final 12 months. equities badysis badysts count on that Goldman Sachs Group, Inc. will submit 19.03 earnings per share for the present fiscal 12 months.

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The enterprise additionally lately declared a quarterly dividend, which will likely be paid on Thursday, December 28th. Investors of report on Thursday, November 30th will likely be issued a dividend of $zero.75 per share. This represents a $three.00 annualized dividend and a dividend yield of 1.23%. The ex-dividend date of this dividend is Wednesday, November 29th. Goldman Sachs Group, Inc. (The)’s dividend payout ratio is presently 15.58%.

In different information, EVP John F.W. Rogers bought 17,685 shares of Goldman Sachs Group, Inc. (The) inventory in a transaction that occurred on Tuesday, August eighth. The shares have been bought at a mean value of $235.02, for a complete worth of $four,156,328.70. Following the transaction, the chief vice chairman now owns 80,109 shares of the corporate’s inventory, valued at $18,827,217.18. The transaction was disclosed in a authorized submitting with the SEC, which is out there on the SEC web site. Also, Vice Chairman Richard J. Gnodde bought four,951 shares of the agency’s inventory in a transaction on Wednesday, October 18th. The inventory was bought at a mean value of $239.95, for a complete transaction of $1,187,992.45. The disclosure for this sale may be discovered right here. Over the final 90 days, insiders have bought 55,029 shares of firm inventory valued at $13,281,937. 2.57% of the inventory is presently owned by company insiders.

Several institutional buyers have lately made modifications to their positions within the firm. Jarislowsky Fraser Ltd acquired a brand new stake in shares of Goldman Sachs Group, Inc. (The) within the third quarter value $213,00zero. YHB Investment Advisors Inc. grew its stake in shares of Goldman Sachs Group, Inc. (The) by 61.5% within the third quarter. YHB Investment Advisors Inc. now owns 13,784 shares of the funding administration firm’s inventory value $three,269,00zero after buying a further 5,249 shares over the last quarter. Sei Investments Co. boosted its stake in Goldman Sachs Group, Inc. (The) by 16.zero% through the third quarter. Sei Investments Co. now owns 294,262 shares of the funding administration firm’s inventory value $69,796,00zero after shopping for a further 40,640 shares within the final quarter. Courier Capital LLC boosted its stake in Goldman Sachs Group, Inc. (The) by 9.1% through the third quarter. Courier Capital LLC now owns 5,315 shares of the funding administration firm’s inventory value $1,261,00zero after shopping for a further 445 shares within the final quarter. Finally, Suffolk Capital Management LLC boosted its stake in Goldman Sachs Group, Inc. (The) by three.9% through the third quarter. Suffolk Capital Management LLC now owns 70,997 shares of the funding administration firm’s inventory value $16,840,00zero after shopping for a further 2,657 shares within the final quarter. Institutional buyers and hedge funds personal 73.14% of the corporate’s inventory.

About Goldman Sachs Group, Inc. (The)

The Goldman Sachs Group, Inc is an funding banking, securities and funding administration firm that gives a variety of monetary providers to companies, monetary establishments, governments and people. The Company operates in 4 enterprise segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management.

Analyst Recommendations for Goldman Sachs Group, Inc. (The) (NYSE:GS)




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