Fort Sheridan Advisors LLC Boosts Stock Position in The Goldman Sachs Group, Inc. (NYSE:GS)

Fort Sheridan Advisors LLC boosted its holdings in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 65.1% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 951 shares of the investment management company's stock after purchasing an additional 375 shares during the quarter. Fort Sheridan Advisors LLC's holdings in The Goldman Sachs Group were worth $520,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Focused Wealth Management Inc grew its position in shares of The Goldman Sachs Group by 4.5% in the 1st quarter. Focused Wealth Management Inc now owns 5,015 shares of the investment management company's stock worth $2,740,000 after buying an additional 217 shares during the last quarter. Harmony Asset Management LLC boosted its stake in shares of The Goldman Sachs Group by 12.0% in the first quarter. Harmony Asset Management LLC now owns 2,682 shares of the investment management company's stock worth $1,465,000 after acquiring an additional 288 shares during the period. Greater Midwest Financial Group LLC lifted its position in shares of The Goldman Sachs Group by 11.6% in the first quarter. Greater Midwest Financial Group LLC now owns 3,911 shares of the investment management company's stock worth $2,137,000 after buying an additional 407 shares in the last quarter. SteelPeak Wealth LLC boosted its holdings in shares of The Goldman Sachs Group by 53.2% in the 1st quarter. SteelPeak Wealth LLC now owns 14,773 shares of the investment management company's stock worth $8,070,000 after purchasing an additional 5,130 shares during the period. Finally, Genus Capital Management Inc. boosted its holdings in shares of The Goldman Sachs Group by 178.8% in the 1st quarter. Genus Capital Management Inc. now owns 7,996 shares of the investment management company's stock worth $4,368,000 after purchasing an additional 18,142 shares during the period. Institutional investors own 71.21% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on GS shares. Wells Fargo & Company boosted their price target on The Goldman Sachs Group from $650.00 to $785.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. Daiwa Capital Markets cut The Goldman Sachs Group from an "outperform" rating to a "neutral" rating and set a $560.00 target price for the company. in a report on Friday, April 4th. Citizens Jmp reaffirmed a "market perform" rating on shares of The Goldman Sachs Group in a report on Monday. Evercore ISI set a $715.00 price target on The Goldman Sachs Group and gave the stock an "outperform" rating in a research report on Thursday, July 10th. Finally, JMP Securities reiterated a "market perform" rating and issued a $600.00 price objective on shares of The Goldman Sachs Group in a research note on Monday. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $614.00.

The Goldman Sachs Group Trading Down 1.5%

NYSE GS traded down $11.02 on Tuesday, hitting $702.28. 1,974,211 shares of the stock were exchanged, compared to its average volume of 2,385,357. The Goldman Sachs Group, Inc. has a 52-week low of $437.37 and a 52-week high of $726.00. The firm has a market capitalization of $215.49 billion, a P/E ratio of 16.30, a P/E/G ratio of 0.96 and a beta of 1.35. The stock has a fifty day moving average price of $635.21 and a two-hundred day moving average price of $597.55. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.68 and a current ratio of 0.68.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last announced its earnings results on Monday, April 14th. The investment management company reported $14.12 EPS for the quarter, topping analysts' consensus estimates of $12.57 by $1.55. The Goldman Sachs Group had a net margin of 11.86% and a return on equity of 13.76%. The business had revenue of $15.06 billion during the quarter, compared to the consensus estimate of $14.99 billion. During the same period in the previous year, the company posted $11.58 earnings per share. Research analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

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.