Quotient Investors LLC Maintains Stake in Goldman Sachs Group, Inc. (The) (GS)

Quotient Investors LLC continued to hold its position in Goldman Sachs Group, Inc. (The) (NYSE:GS) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,654 shares of the investment management company’s stock at the end of the second quarter. Quotient Investors LLC’s holdings in Goldman Sachs Group, Inc. (The) were worth $1,529,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Carret Asset Management LLC raised its position in shares of Goldman Sachs Group, Inc. (The) by 0.6% in the first quarter. Carret Asset Management LLC now owns 20,451 shares of the investment management company’s stock valued at $4,698,000 after buying an additional 113 shares during the last quarter. Bridgewater Associates LP bought a new position in shares of Goldman Sachs Group, Inc. (The) during the first quarter valued at $2,187,000. Amarillo National Bank bought a new position in shares of Goldman Sachs Group, Inc. (The) during the first quarter valued at $238,000. Wells Fargo & Company MN raised its position in shares of Goldman Sachs Group, Inc. (The) by 6.4% in the first quarter. Wells Fargo & Company MN now owns 2,177,944 shares of the investment management company’s stock valued at $500,319,000 after buying an additional 130,825 shares during the last quarter. Finally, Delta Lloyd NV bought a new position in shares of Goldman Sachs Group, Inc. (The) during the first quarter valued at $9,345,000. 74.66% of the stock is owned by hedge funds and other institutional investors.

Shares of Goldman Sachs Group, Inc. (NYSE GS) opened at 222.15 on Friday. The firm’s 50 day moving average is $225.59 and its 200-day moving average is $229.32. Goldman Sachs Group, Inc. has a 52-week low of $157.77 and a 52-week high of $255.15. The company has a market capitalization of $86.24 billion, a P/E ratio of 11.65 and a beta of 1.42.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last released its earnings results on Tuesday, July 18th. The investment management company reported $3.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.39 by $0.56. Goldman Sachs Group, Inc. (The) had a net margin of 26.44% and a return on equity of 11.27%. The company had revenue of $7.89 billion for the quarter, compared to the consensus estimate of $7.47 billion. During the same period in the prior year, the company posted $3.72 EPS. The company’s revenue was down .6% compared to the same quarter last year. Equities research analysts anticipate that Goldman Sachs Group, Inc. will post $18.23 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 28th. Investors of record on Thursday, August 31st will be given a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.35%. Goldman Sachs Group, Inc. (The)’s dividend payout ratio is 15.74%.

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GS has been the topic of several recent analyst reports. Vetr lowered shares of Goldman Sachs Group, Inc. (The) from a “sell” rating to a “strong sell” rating and set a $191.87 target price on the stock. in a research report on Monday, April 24th. Deutsche Bank AG restated a “buy” rating on shares of Goldman Sachs Group, Inc. (The) in a research report on Monday, July 3rd. Citigroup Inc. restated a “neutral” rating and set a $225.00 target price on shares of Goldman Sachs Group, Inc. (The) in a research report on Wednesday, June 28th. HSBC Holdings plc reiterated a “buy” rating and issued a $275.00 price target on shares of Goldman Sachs Group, Inc. (The) in a research report on Tuesday, April 25th. Finally, BidaskClub lowered shares of Goldman Sachs Group, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. Two research analysts have rated the stock with a sell rating, seventeen have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $235.44.

In related news, EVP John F.W. Rogers sold 17,685 shares of the stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $235.02, for a total transaction of $4,156,328.70. Following the completion of the sale, the executive vice president now directly owns 80,109 shares of the company’s stock, valued at approximately $18,827,217.18. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director David A. Viniar sold 4,590 shares of the stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $227.79, for a total value of $1,045,556.10. Following the sale, the director now directly owns 854,925 shares of the company’s stock, valued at $194,743,365.75. The disclosure for this sale can be found here. Insiders sold a total of 25,535 shares of company stock worth $5,956,868 over the last quarter. 2.57% of the stock is currently owned by corporate insiders.

Goldman Sachs Group, Inc. (The) Company Profile

The Goldman Sachs Group, Inc is an investment banking, securities and investment management company that provides a range of financial services to corporations, financial institutions, governments and individuals. The Company operates in four business segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management.

Institutional Ownership by Quarter for Goldman Sachs Group, Inc. (The) (NYSE:GS)

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