Artemis Investment Management LLP Has $4.80 Million Holdings in Goldman Sachs Group, Inc. (The) (GS)

Artemis Investment Management LLP trimmed its position in shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) by 65.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,245 shares of the investment management company’s stock after selling 39,205 shares during the quarter. Artemis Investment Management LLP’s holdings in Goldman Sachs Group, Inc. (The) were worth $4,803,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of GS. Quantbot Technologies LP raised its stake in shares of Goldman Sachs Group, Inc. (The) by 223.8% during the 2nd quarter. Quantbot Technologies LP now owns 39,237 shares of the investment management company’s stock worth $8,706,000 after purchasing an additional 27,121 shares during the period. Tudor Investment Corp ET AL raised its stake in shares of Goldman Sachs Group, Inc. (The) by 29.9% during the 2nd quarter. Tudor Investment Corp ET AL now owns 20,480 shares of the investment management company’s stock worth $4,545,000 after purchasing an additional 4,714 shares during the period. YorkBridge Wealth Partners LLC raised its stake in shares of Goldman Sachs Group, Inc. (The) by 23.8% during the 2nd quarter. YorkBridge Wealth Partners LLC now owns 792 shares of the investment management company’s stock worth $180,000 after purchasing an additional 152 shares during the period. Bank of Montreal Can raised its stake in shares of Goldman Sachs Group, Inc. (The) by 33.1% during the 2nd quarter. Bank of Montreal Can now owns 392,464 shares of the investment management company’s stock worth $87,090,000 after purchasing an additional 97,532 shares during the period. Finally, Cornerstone Investment Partners LLC bought a new stake in shares of Goldman Sachs Group, Inc. (The) during the 2nd quarter worth $42,536,000. 74.01% of the stock is currently owned by hedge funds and other institutional investors.

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Goldman Sachs Group, Inc. (NYSE GS) opened at $238.13 on Tuesday. Goldman Sachs Group, Inc. has a twelve month low of $209.18 and a twelve month high of $255.15. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 2.82. The company has a market capitalization of $89,820.00, a PE ratio of 12.40, a PEG ratio of 1.21 and a beta of 1.48.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last issued its quarterly earnings data on Tuesday, October 17th. The investment management company reported $5.02 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $4.17 by $0.85. Goldman Sachs Group, Inc. (The) had a return on equity of 11.34% and a net margin of 26.42%. The company had revenue of $8.33 billion during the quarter, compared to analyst estimates of $7.59 billion. During the same quarter in the previous year, the firm earned $4.88 earnings per share. Goldman Sachs Group, Inc. (The)’s revenue was up 2.0% on a year-over-year basis. research analysts forecast 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. Shareholders of record on Thursday, November 30th will be paid a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend is Wednesday, November 29th. Goldman Sachs Group, Inc. (The)’s dividend payout ratio is currently 15.58%.

In other Goldman Sachs Group, Inc. (The) news, Director David A. Viniar sold 7,393 shares of the company’s stock in a transaction that occurred on Friday, October 20th. The stock was sold at an average price of $245.18, for a total value of $1,812,615.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Vice Chairman Richard J. Gnodde sold 4,951 shares of the company’s stock in a transaction that occurred on Wednesday, October 18th. The stock was sold at an average price of $239.95, for a total value of $1,187,992.45. The disclosure for this sale can be found here. In the last ninety days, insiders sold 39,744 shares of company stock valued at $9,697,984. 2.57% of the stock is owned by insiders.

A number of equities research analysts have recently commented on GS shares. Zacks Investment Research cut Goldman Sachs Group, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Friday, November 3rd. Societe Generale set a $198.00 target price on Goldman Sachs Group, Inc. (The) and gave the stock a “sell” rating in a research note on Thursday, October 19th. TheStreet upgraded Goldman Sachs Group, Inc. (The) from a “c+” rating to a “b” rating in a research note on Friday, October 13th. Citigroup Inc. reiterated a “neutral” rating and set a $250.00 target price (up from $225.00) on shares of Goldman Sachs Group, Inc. (The) in a research note on Monday, October 9th. Finally, Morgan Stanley lifted their target price on Goldman Sachs Group, Inc. (The) from $265.00 to $287.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 18th. Three research analysts have rated the stock with a sell rating, seventeen have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. Goldman Sachs Group, Inc. (The) currently has a consensus rating of “Hold” and a consensus price target of $245.06.

Goldman Sachs Group, Inc. (The) Company 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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