Goldman Sachs Group, Inc. (The) (GS) Holdings Increased by Rockshelter Capital Management LLC

Rockshelter Capital Management LLC grew its holdings in Goldman Sachs Group, Inc. (The) (NYSE:GS) by 0.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 51,515 shares of the investment management company’s stock after purchasing an additional 407 shares during the period. Goldman Sachs Group, Inc. (The) comprises approximately 3.5% of Rockshelter Capital Management LLC’s holdings, making the stock its 12th largest holding. Rockshelter Capital Management LLC’s holdings in Goldman Sachs Group, Inc. (The) were worth $11,431,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in GS. BlackRock Inc. increased its stake in Goldman Sachs Group, Inc. (The) by 3,301.2% in the first quarter. BlackRock Inc. now owns 24,569,536 shares of the investment management company’s stock worth $5,644,114,000 after purchasing an additional 23,847,154 shares during the period. Janus Henderson Group PLC increased its stake in Goldman Sachs Group, Inc. (The) by 4,096.0% in the second quarter. Janus Henderson Group PLC now owns 2,475,978 shares of the investment management company’s stock worth $549,415,000 after purchasing an additional 2,416,970 shares during the period. New England Asset Management Inc. increased its stake in Goldman Sachs Group, Inc. (The) by 440.8% in the first quarter. New England Asset Management Inc. now owns 2,331,063 shares of the investment management company’s stock worth $535,492,000 after purchasing an additional 1,900,000 shares during the period. Alliancebernstein L.P. increased its stake in Goldman Sachs Group, Inc. (The) by 84.4% in the first quarter. Alliancebernstein L.P. now owns 3,221,215 shares of the investment management company’s stock worth $739,978,000 after purchasing an additional 1,474,433 shares during the period. Finally, The Manufacturers Life Insurance Company increased its stake in Goldman Sachs Group, Inc. (The) by 47.1% in the second quarter. The Manufacturers Life Insurance Company now owns 3,602,847 shares of the investment management company’s stock worth $799,472,000 after purchasing an additional 1,152,869 shares during the period. Institutional investors and hedge funds own 73.21% of the company’s stock.

In related news, Director David A. Viniar sold 7,393 shares of Goldman Sachs Group, Inc. (The) stock in a transaction dated Friday, October 20th. The stock was sold at an average price of $245.18, for a total transaction of $1,812,615.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Harvey M. Schwartz sold 25,000 shares of Goldman Sachs Group, Inc. (The) stock in a transaction dated Friday, October 20th. The stock was sold at an average price of $245.00, for a total value of $6,125,000.00. The disclosure for this sale can be found here. Insiders have sold 58,289 shares of company stock valued at $14,036,920 in the last ninety days. Corporate insiders own 2.57% of the company’s stock.

Several brokerages have recently commented on GS. Zacks Investment Research lowered Goldman Sachs Group, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Friday. Berenberg Bank restated a “sell” rating and set a $190.00 price target on shares of Goldman Sachs Group, Inc. (The) in a research note on Friday, July 21st. Oppenheimer Holdings, Inc. raised their price target on Goldman Sachs Group, Inc. (The) from $251.00 to $256.00 and gave the company an “outperform” rating in a research note on Wednesday, July 19th. Keefe, Bruyette & Woods lowered Goldman Sachs Group, Inc. (The) from an “outperform” rating to a “market perform” rating and cut their price target for the company from $260.00 to $240.00 in a research note on Wednesday, July 19th. Finally, BidaskClub lowered Goldman Sachs Group, Inc. (The) from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Two analysts have rated the stock with a sell rating, eighteen 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 company presently has an average rating of “Hold” and an average target price of $244.98.

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Shares of Goldman Sachs Group, Inc. (GS) opened at $244.40 on Friday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 2.70. Goldman Sachs Group, Inc. has a twelve month low of $174.73 and a twelve month high of $255.15. The company has a market capitalization of $94,552.25, a PE ratio of 12.73, a P/E/G ratio of 1.24 and a beta of 1.48.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last released its earnings results on Tuesday, October 17th. The investment management company reported $5.02 EPS for the quarter, topping the Zacks’ consensus estimate of $4.17 by $0.85. Goldman Sachs Group, Inc. (The) had a return on equity of 11.32% and a net margin of 26.42%. The firm had revenue of $8.33 billion during the quarter, compared to the consensus estimate of $7.59 billion. During the same quarter in the previous year, the company posted $4.88 earnings per share. The company’s revenue was up 2.0% compared to the same quarter last year. analysts expect that Goldman Sachs Group, Inc. will post 19.03 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 28th. Investors of record on Thursday, November 30th will be issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date is Wednesday, November 29th. Goldman Sachs Group, Inc. (The)’s dividend payout ratio (DPR) is 15.63%.

Goldman Sachs Group, Inc. (The) 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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