WINTON GROUP Ltd Acquires Shares of 14,757 The Goldman Sachs Group, Inc. $GS

WINTON GROUP Ltd purchased a new position in The Goldman Sachs Group, Inc. (NYSE:GS) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 14,757 shares of the investment management company’s stock, valued at approximately $10,444,000. The Goldman Sachs Group makes up about 0.5% of WINTON GROUP Ltd’s portfolio, making the stock its 21st largest holding.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of The Goldman Sachs Group during the 1st quarter worth about $25,000. Dogwood Wealth Management LLC lifted its stake in The Goldman Sachs Group by 1,800.0% in the second quarter. Dogwood Wealth Management LLC now owns 38 shares of the investment management company’s stock worth $26,000 after purchasing an additional 36 shares during the last quarter. Clearstead Trust LLC purchased a new position in shares of The Goldman Sachs Group during the second quarter valued at approximately $31,000. Ridgewood Investments LLC grew its stake in shares of The Goldman Sachs Group by 45.9% during the second quarter. Ridgewood Investments LLC now owns 54 shares of the investment management company’s stock valued at $38,000 after buying an additional 17 shares during the last quarter. Finally, MeadowBrook Investment Advisors LLC purchased a new stake in shares of The Goldman Sachs Group in the second quarter worth approximately $39,000. 71.21% of the stock is owned by hedge funds and other institutional investors.

The Goldman Sachs Group Trading Up 1.9%

NYSE GS opened at $854.06 on Monday. The Goldman Sachs Group, Inc. has a one year low of $439.38 and a one year high of $856.20. The company has a debt-to-equity ratio of 2.53, a quick ratio of 0.65 and a current ratio of 0.65. The company has a market capitalization of $256.16 billion, a price-to-earnings ratio of 17.35, a price-to-earnings-growth ratio of 1.13 and a beta of 1.36. The company’s 50-day simple moving average is $790.53 and its two-hundred day simple moving average is $735.13.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings data on Tuesday, October 14th. The investment management company reported $12.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $10.27 by $1.98. The firm had revenue of $15.18 billion for the quarter, compared to the consensus estimate of $13.68 billion. The Goldman Sachs Group had a net margin of 13.18% and a return on equity of 15.29%. The company’s quarterly revenue was up 19.5% on a year-over-year basis. During the same period last year, the firm earned $8.40 earnings per share. Equities analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Tuesday, December 2nd will be issued a $4.00 dividend. The ex-dividend date is Tuesday, December 2nd. This represents a $16.00 dividend on an annualized basis and a dividend yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 32.50%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Royal Bank Of Canada restated a “neutral” rating and set a $843.00 price objective on shares of The Goldman Sachs Group in a report on Tuesday, October 14th. Citigroup boosted their target price on shares of The Goldman Sachs Group from $700.00 to $765.00 and gave the company a “neutral” rating in a research note on Thursday, October 16th. Morgan Stanley cut their price target on shares of The Goldman Sachs Group from $854.00 to $828.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 15th. UBS Group lifted their price objective on shares of The Goldman Sachs Group from $762.00 to $805.00 and gave the company a “neutral” rating in a report on Tuesday, October 7th. Finally, BNP Paribas Exane upped their target price on shares of The Goldman Sachs Group from $685.00 to $775.00 and gave the stock a “neutral” rating in a research note on Friday, October 17th. Four analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $786.00.

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.