Hot Stock Analysis: The Goldman Sachs Group, Inc. (GS)

Screen Shot 2017 11 14

Screen Shot 2017 11 14

(The) (NYSE:GS) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. Carret Asset Management LLC now owns 20,451 shares of the investment management company's stock valued at $4,698,000 after acquiring an additional 113 shares during the period.

In other Goldman Sachs Group, Inc. The Stock shows P/E value of 33.55 and Forward P/E of 24.98. YorkBridge Wealth Partners LLC lifted its holdings in Goldman Sachs Group, Inc. (The) by 4,096.0% during the second quarter. Janus Henderson Group PLC now owns 2,475,978 shares of the investment management company's stock worth $549,415,000 after acquiring an additional 2,416,970 shares during the period.

Investors are feeling more bullish on shares of Goldman Sachs Group of late if you take into consideration the motion in short interest. (The) by 100.0% in the first quarter. The company P/S (price to Sales) ratio is 2.15, P/B (price to Book) ratio is 1.27, while its P/C (price to Cash) ratio stands at 0.78. Keefe, Bruyette & Woods reaffirmed a "hold" rating and issued a $240.00 price objective on shares of Goldman Sachs Group, Inc. (The) by 84.4% during the first quarter. Finally, The Manufacturers Life Insurance Company boosted its holdings in shares of Goldman Sachs Group, Inc. (The) by 47.1% during the second quarter. The Manufacturers Life Insurance Company now owns 3,602,847 shares of the investment management company's stock worth $799,472,000 after acquiring an additional 1,152,869 shares during the period. Also, insider Harvey M. Schwartz sold 25,000 shares of the company's stock in a transaction dated Friday, October 20th. Now we look at the Moving Averages, the 200-day is 4.15%, the 50-day is 1.81% and the 20-day is -0.75%. The sale was disclosed in a document filed with the SEC, which is accessible through this link. (The) news, Vice Chairman Richard J. Gnodde sold 4,951 shares of the business's stock in a transaction dated Wednesday, October 18th. The shares were sold at an average price of $239.95, for a total transaction of $1,187,992.45. The disclosure for this sale can be found here. Catalyst Capital Advisors LLC now owns 42,000 shares of the investment management company's stock worth $9,648,000 after buying an additional 21,000 shares during the period.

GS has been the subject of a number of analyst reports. Quantbot Technologies LP grew its stake in Goldman Sachs Group, Inc. (The) from a "hold" rating to a "sell" rating in a report on Monday, November 6th.

Baidu, Inc. (BIDU) analysts on average have given a price target of $248.24 on BIDU stock. (The) and gave the company a "sell" rating in a report on Thursday, October 19th.

Goldman Sachs Group, Inc. (The) from a "c+" rating to a "b" rating in a report on Friday, October 13th. Zacks Investment Research cut Goldman Sachs Group, Inc.

TRADEMARK VIOLATION NOTICE: "Goldman Sachs Group, Inc". (The) from $265.00 to $287.00 and gave the company an "overweight" rating in a research report on Wednesday, October 18th. (The) has a consensus rating of "Hold" and a consensus target price of $245.06.

ILLEGAL ACTIVITY WARNING: This news story was first reported by Week Herald and is the sole property of of Week Herald. Vertical Group downgraded Goldman Sachs Group, Inc. (NYSE GS) opened at $240.27 on Tuesday. The stock has a market cap of $90,584.94, a P/E ratio of 12.51, a price-to-earnings-growth ratio of 1.22 and a beta of 1.48.

Liquidity ratios help investors to determine a company's ability to pay off its debts. (The) (NYSE:GS) last posted its quarterly earnings results on Tuesday, October 17th. Goldman Sachs Group had a net margin of 19.58% and a return on equity of 9.74%. The firm had revenue of $8.33 billion during the quarter, compared to analyst estimates of $7.59 billion. During the same quarter in the prior year, the business earned $4.88 earnings per share.

The fourth quarter in particular may see weak trading results when compared to the same period a year ago, when Wall Street banks benefited from jumps in volumes across fixed income after Donald Trump won the US presidential election, Chavez said at the Bank of America Merrill Lynch financials conference in NY.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Thursday, November 30th will be issued a $0.75 dividend. The ex-dividend date of this dividend is Wednesday, November 29th. This represents a $3.00 annualized dividend and a yield of 1.25%. (The)'s dividend payout ratio is 15.63%.