Vantage Financial Partners Ltd. Inc. Acquires Shares of 10,300 Goldman Sachs Group, Inc. (The) (GS)

Vantage Financial Partners Ltd. Inc. acquired a new stake in shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 10,300 shares of the investment management company’s stock, valued at approximately $466,000.

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

Shares of Goldman Sachs Group, Inc. (NYSE:GS) traded up $1.32 during trading hours on Friday, hitting $237.75. 459,276 shares of the company’s stock were exchanged, compared to its average volume of 3,283,831. The firm has a market cap of $89,181.75, a price-to-earnings ratio of 12.31, a P/E/G ratio of 1.20 and a beta of 1.48. Goldman Sachs Group, Inc. has a 52 week low of $209.37 and a 52 week high of $255.15. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 2.82.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last issued its earnings results on Tuesday, October 17th. The investment management company reported $5.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.17 by $0.85. The company had revenue of $8.33 billion during the quarter, compared to analyst estimates of $7.59 billion. Goldman Sachs Group, Inc. (The) had a net margin of 26.42% and a return on equity of 11.34%. The company’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter last year, the business posted $4.88 EPS. sell-side analysts expect that Goldman Sachs Group, Inc. will post 19.03 earnings per share for the current year.

The business 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 dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date is Wednesday, November 29th. Goldman Sachs Group, Inc. (The)’s dividend payout ratio (DPR) is currently 15.63%.

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

In other Goldman Sachs Group, Inc. (The) news, Vice Chairman Richard J. Gnodde sold 4,951 shares of Goldman Sachs Group, Inc. (The) stock in a transaction on Wednesday, October 18th. The shares were sold at an average price of $239.95, for a total transaction of $1,187,992.45. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Vice Chairman Richard J. Gnodde sold 5,718 shares of Goldman Sachs Group, Inc. (The) stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $238.99, for a total transaction of $1,366,544.82. The disclosure for this sale can be found here. Insiders have sold a total of 122,470 shares of company stock valued at $29,411,656 in the last three months. Company insiders own 2.57% of the company’s stock.

About Goldman Sachs Group, Inc. (The)

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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