12 hours Ago By Defense World Staff
Soundwatch Capital LLC bought a new stake in shares of The Goldman Sachs Group, Inc. ( NYSE:GS – Free Report ) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 1,782 shares of the investment management company’s stock, valued at approximately $806,000.
The Goldman Sachs Group comprises 4.4% of Soundwatch Capital LLC’s investment portfolio, making the stock its 8th biggest position. Several other hedge funds have also bought and sold shares of the stock.
International Assets Investment Management LLC bought a new stake in shares of The Goldman Sachs Group in the 1st quarter worth approximately $1,903,374,000. AMF Tjanstepension AB lifted its holdings in shares of The Goldman Sachs Group by 1,102.4% in the 2nd quarter.
AMF Tjanstepension AB now owns 810,836 shares of the investment management company’s stock worth $366,780,000 after acquiring an additional 743,402 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of The Goldman Sachs Group by 27.0% in the 4th quarter.
Wellington Management Group LLP now owns 2,184,196 shares of the investment management company’s stock worth $842,597,000 after acquiring an additional 464,954 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A.
lifted its holdings in shares of The Goldman Sachs Group by 878.8% in the 2nd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.
A. now owns 397,082 shares of the investment management company’s stock worth $179,608,000 after acquiring an additional 356,512 shares during the last quarter. Finally, Focused Investors Fund L P bought a new stake in shares of The Goldman Sachs Group in the 1st quarter worth approximately $146,317,000.
71.21% of the stock is currently owned by institutional investors. The Goldman Sachs Group Stock Down 0.
1 % Shares of The Goldman Sachs Group stock opened at $484.70 on Thursday. The company has a current ratio of 0.
72, a quick ratio of 0.72 and a debt-to-equity ratio of 2.20.
The company’s fifty day simple moving average is $491.10 and its two-hundred day simple moving average is $453.20.
The company has a market cap of $156.30 billion, a P/E ratio of 18.93, a PEG ratio of 0.
73 and a beta of 1.36. The Goldman Sachs Group, Inc.
has a 12-month low of $289.36 and a 12-month high of $517.26.
The Goldman Sachs Group Increases Dividend The firm also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, August 30th will be issued a dividend of $3.00 per share.
This represents a $12.00 dividend on an annualized basis and a dividend yield of 2.48%.
The ex-dividend date is Friday, August 30th. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $2.75.
The Goldman Sachs Group’s payout ratio is 46.86%. Analyst Ratings Changes GS has been the subject of a number of recent research reports.
Citigroup boosted their price objective on shares of The Goldman Sachs Group from $460.00 to $485.00 and gave the stock a “neutral” rating in a report on Tuesday, July 16th.
UBS Group lifted their target price on shares of The Goldman Sachs Group from $490.00 to $535.00 and gave the stock a “buy” rating in a research note on Tuesday, July 9th.
JPMorgan Chase & Co. lifted their target price on shares of The Goldman Sachs Group from $464.00 to $472.
00 and gave the stock an “overweight” rating in a research note on Monday, September 9th. Morgan Stanley lifted their target price on shares of The Goldman Sachs Group from $513.00 to $561.
00 and gave the stock an “overweight” rating in a research note on Tuesday, July 30th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $500.00 target price on shares of The Goldman Sachs Group in a research note on Tuesday, July 30th.
Five research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $496.44.
Get Our Latest Stock Analysis on The Goldman Sachs Group Insider Activity In other news, Director Thomas K. Montag sold 10,000 shares of the business’s stock in a transaction on Tuesday, July 16th. The shares were sold at an average price of $505.
04, for a total transaction of $5,050,400.00. Following the sale, the director now owns 12,450 shares in the company, valued at approximately $6,287,748.
The sale was disclosed in a document filed with the SEC, which is accessible through this link . In related news, Director Thomas K. Montag sold 10,000 shares of the company’s stock in a transaction dated Tuesday, July 16th.
The shares were sold at an average price of $505.04, for a total value of $5,050,400.00.
Following the transaction, the director now owns 12,450 shares in the company, valued at approximately $6,287,748. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website . Also, insider Brian J.
Lee sold 3,500 shares of the company’s stock in a transaction dated Tuesday, July 16th. The stock was sold at an average price of $505.99, for a total transaction of $1,770,965.
00. Following the completion of the transaction, the insider now owns 12,095 shares in the company, valued at approximately $6,119,949.05.
The disclosure for this sale can be found here . Company insiders own 0.54% of the company’s stock.
The Goldman Sachs Group Profile ( Free Report ) 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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