Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 286 Shares of Goldman Sachs Group, Inc. (The) (GS)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its holdings in shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) by 1.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,197 shares of the investment management company’s stock after selling 286 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Goldman Sachs Group, Inc. (The) were worth $6,035,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of GS. Waldron LP bought a new stake in shares of Goldman Sachs Group, Inc. (The) during the 1st quarter valued at $277,000. Point View Wealth Management Inc. grew its position in shares of Goldman Sachs Group, Inc. (The) by 10.6% during the 1st quarter. Point View Wealth Management Inc. now owns 2,838 shares of the investment management company’s stock valued at $652,000 after acquiring an additional 271 shares during the period. Texas Yale Capital Corp. grew its position in shares of Goldman Sachs Group, Inc. (The) by 1.7% during the 1st quarter. Texas Yale Capital Corp. now owns 19,065 shares of the investment management company’s stock valued at $4,380,000 after acquiring an additional 310 shares during the period. Comerica Bank grew its position in shares of Goldman Sachs Group, Inc. (The) by 0.5% during the 1st quarter. Comerica Bank now owns 114,003 shares of the investment management company’s stock valued at $25,742,000 after acquiring an additional 530 shares during the period. Finally, Xact Kapitalforvaltning AB grew its position in shares of Goldman Sachs Group, Inc. (The) by 12.0% during the 1st quarter. Xact Kapitalforvaltning AB now owns 61,576 shares of the investment management company’s stock valued at $14,145,000 after acquiring an additional 6,619 shares during the period. 73.31% of the stock is owned by hedge funds and other institutional investors.

In other Goldman Sachs Group, Inc. (The) news, EVP John F.W. Rogers sold 17,685 shares of Goldman Sachs Group, Inc. (The) stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $235.02, for a total transaction of $4,156,328.70. Following the transaction, the executive vice president now directly owns 80,109 shares of the company’s stock, valued at $18,827,217.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David A. Viniar sold 4,590 shares of Goldman Sachs Group, Inc. (The) stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $227.79, for a total transaction of $1,045,556.10. Following the transaction, the director now directly owns 854,925 shares in the company, valued at $194,743,365.75. The disclosure for this sale can be found here. Insiders have sold 25,535 shares of company stock worth $5,956,868 over the last ninety days. 2.57% of the stock is owned by insiders.

Shares of Goldman Sachs Group, Inc. (NYSE:GS) opened at 246.02 on Friday. The stock has a market capitalization of $95.51 billion, a PE ratio of 12.90 and a beta of 1.41. The stock’s 50 day moving average is $227.81 and its 200 day moving average is $224.94. Goldman Sachs Group, Inc. has a 12 month low of $165.51 and a 12 month high of $255.15.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last posted its quarterly earnings results on Tuesday, July 18th. The investment management company reported $3.95 earnings per share for the quarter, topping analysts’ consensus estimates of $3.39 by $0.56. The firm had revenue of $7.89 billion for the quarter, compared to analyst estimates of $7.47 billion. Goldman Sachs Group, Inc. (The) had a net margin of 26.44% and a return on equity of 11.27%. Goldman Sachs Group, Inc. (The)’s quarterly revenue was down .6% on a year-over-year basis. During the same period in the previous year, the business posted $3.72 earnings per share. Analysts anticipate that Goldman Sachs Group, Inc. will post $18.17 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, September 28th. Shareholders of record on Thursday, August 31st were paid a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend was Tuesday, August 29th. Goldman Sachs Group, Inc. (The)’s dividend payout ratio (DPR) is presently 15.74%.

A number of equities research analysts have recently issued reports on GS shares. Capital One Financial Corporation reissued a “buy” rating on shares of Goldman Sachs Group, Inc. (The) in a research report on Tuesday, July 11th. Deutsche Bank AG reissued a “buy” rating on shares of Goldman Sachs Group, Inc. (The) in a research report on Monday, July 3rd. J P Morgan Chase & Co reissued a “buy” rating and set a $260.00 price objective on shares of Goldman Sachs Group, Inc. (The) in a research report on Monday, June 26th. TheStreet downgraded shares of Goldman Sachs Group, Inc. (The) from a “b” rating to a “c+” rating in a research report on Thursday, September 7th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and issued a $240.00 target price on shares of Goldman Sachs Group, Inc. (The) in a report on Friday, June 23rd. Two analysts have rated the stock with a sell rating, seventeen have given a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $238.35.

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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.

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

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