2,100 Shares in The Goldman Sachs Group, Inc. (NYSE:GS) Acquired by Hussman Strategic Advisors Inc.

Hussman Strategic Advisors Inc. acquired a new stake in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 2,100 shares of the investment management company's stock, valued at approximately $1,147,000.

Several other institutional investors have also recently bought and sold shares of the business. Geode Capital Management LLC boosted its holdings in The Goldman Sachs Group by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 6,584,202 shares of the investment management company's stock worth $3,761,576,000 after buying an additional 161,500 shares during the last quarter. GAMMA Investing LLC boosted its holdings in The Goldman Sachs Group by 63,864.7% during the first quarter. GAMMA Investing LLC now owns 3,976,684 shares of the investment management company's stock worth $2,172,423,000 after buying an additional 3,970,467 shares during the last quarter. FMR LLC boosted its holdings in The Goldman Sachs Group by 23.7% during the fourth quarter. FMR LLC now owns 3,586,348 shares of the investment management company's stock worth $2,053,614,000 after buying an additional 687,711 shares during the last quarter. Northern Trust Corp grew its stake in The Goldman Sachs Group by 15.0% in the fourth quarter. Northern Trust Corp now owns 3,292,679 shares of the investment management company's stock valued at $1,885,454,000 after acquiring an additional 428,502 shares during the period. Finally, International Assets Investment Management LLC acquired a new position in The Goldman Sachs Group in the first quarter valued at about $1,766,238,000. Institutional investors own 71.21% of the company's stock.

Analyst Upgrades and Downgrades

GS has been the topic of a number of research reports. Royal Bank Of Canada restated a "sector perform" rating on shares of The Goldman Sachs Group in a report on Thursday, July 10th. JPMorgan Chase & Co. dropped their target price on The Goldman Sachs Group from $625.00 to $614.00 and set an "overweight" rating on the stock in a report on Thursday, April 3rd. Citigroup dropped their target price on The Goldman Sachs Group from $585.00 to $550.00 and set a "neutral" rating on the stock in a report on Monday, March 24th. JMP Securities reiterated a "market perform" rating and set a $600.00 target price on shares of The Goldman Sachs Group in a report on Monday, July 14th. Finally, Wall Street Zen upgraded The Goldman Sachs Group from a "sell" rating to a "hold" rating in a report on Saturday, July 12th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, The Goldman Sachs Group currently has an average rating of "Hold" and an average target price of $649.29.

The Goldman Sachs Group Trading Up 0.3%

NYSE GS opened at $708.31 on Friday. The company has a market cap of $217.34 billion, a price-to-earnings ratio of 15.61, a price-to-earnings-growth ratio of 0.95 and a beta of 1.35. The company has a quick ratio of 0.68, a current ratio of 1.12 and a debt-to-equity ratio of 2.26. The Goldman Sachs Group, Inc. has a twelve month low of $437.37 and a twelve month high of $726.00. The business's fifty day moving average is $647.01 and its 200 day moving average is $600.89.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last issued its earnings results on Wednesday, July 16th. The investment management company reported $10.91 EPS for the quarter, beating analysts' consensus estimates of $9.82 by $1.09. The business had revenue of $14.58 billion during the quarter, compared to analyst estimates of $13.53 billion. The Goldman Sachs Group had a return on equity of 13.84% and a net margin of 12.37%. The firm's revenue was up 14.5% compared to the same quarter last year. During the same period in the previous year, the company posted $8.62 EPS. As a group, sell-side analysts expect that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Friday, August 29th will be issued a $4.00 dividend. The ex-dividend date is Friday, August 29th. This represents a $16.00 annualized dividend and a dividend yield of 2.26%. This is a boost from The Goldman Sachs Group's previous quarterly dividend of $3.00. The Goldman Sachs Group's dividend payout ratio is presently 27.85%.

About The Goldman Sachs Group

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.

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