Eubel Brady & Suttman Asset Management Inc. Increases Position in The Goldman Sachs Group, Inc. (NYSE:GS)

Eubel Brady & Suttman Asset Management Inc. raised its position in The Goldman Sachs Group, Inc. (NYSE:GSGet Rating) by 3.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 46,273 shares of the investment management company’s stock after purchasing an additional 1,444 shares during the period. The Goldman Sachs Group accounts for 2.5% of Eubel Brady & Suttman Asset Management Inc.’s investment portfolio, making the stock its 19th largest holding. Eubel Brady & Suttman Asset Management Inc.’s holdings in The Goldman Sachs Group were worth $15,275,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of GS. Joseph P. Lucia & Associates LLC purchased a new position in shares of The Goldman Sachs Group in the 1st quarter valued at $26,000. Nauset Wealth Management. LLC acquired a new stake in The Goldman Sachs Group during the 1st quarter worth $27,000. Orion Capital Management LLC boosted its stake in The Goldman Sachs Group by 690.9% during the 1st quarter. Orion Capital Management LLC now owns 87 shares of the investment management company’s stock worth $29,000 after purchasing an additional 76 shares during the period. Elkhorn Partners Limited Partnership acquired a new stake in The Goldman Sachs Group during the 1st quarter worth $33,000. Finally, Karlinski Andrew C acquired a new stake in The Goldman Sachs Group during the 1st quarter worth $33,000. 69.08% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Wells Fargo & Company decreased their price target on shares of The Goldman Sachs Group from $420.00 to $380.00 and set an “overweight” rating for the company in a research note on Friday, July 1st. Credit Suisse Group set a $415.00 price target on shares of The Goldman Sachs Group in a research note on Tuesday, July 19th. Morgan Stanley decreased their price target on shares of The Goldman Sachs Group from $418.00 to $354.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 12th. BMO Capital Markets reduced their target price on shares of The Goldman Sachs Group from $475.00 to $461.00 in a research note on Tuesday, July 19th. Finally, Royal Bank of Canada reduced their target price on shares of The Goldman Sachs Group from $390.00 to $370.00 and set a “sector perform” rating for the company in a research note on Friday, July 1st. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, The Goldman Sachs Group has an average rating of “Hold” and a consensus price target of $410.79.

Insider Activity at The Goldman Sachs Group

In other The Goldman Sachs Group news, Treasurer Philip R. Berlinski sold 8,000 shares of the firm’s stock in a transaction dated Wednesday, August 10th. The shares were sold at an average price of $348.62, for a total transaction of $2,788,960.00. Following the completion of the transaction, the treasurer now directly owns 13,745 shares in the company, valued at approximately $4,791,781.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other The Goldman Sachs Group news, Treasurer Philip R. Berlinski sold 8,000 shares of the firm’s stock in a transaction dated Wednesday, August 10th. The shares were sold at an average price of $348.62, for a total transaction of $2,788,960.00. Following the completion of the transaction, the treasurer now directly owns 13,745 shares in the company, valued at approximately $4,791,781.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Goldman Sachs Group Inc sold 78,131 shares of the firm’s stock in a transaction dated Monday, August 15th. The shares were sold at an average price of $27.01, for a total transaction of $2,110,318.31. Following the transaction, the director now owns 439,180 shares of the company’s stock, valued at $11,862,251.80. The disclosure for this sale can be found here. Insiders sold 683,105 shares of company stock worth $20,424,657 over the last 90 days. Company insiders own 0.57% of the company’s stock.

The Goldman Sachs Group Stock Down 4.1 %

Shares of NYSE GS opened at $328.39 on Wednesday. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 2.34. The Goldman Sachs Group, Inc. has a 52 week low of $277.84 and a 52 week high of $426.16. The firm has a 50-day moving average price of $328.43 and a 200 day moving average price of $321.08. The stock has a market capitalization of $112.10 billion, a price-to-earnings ratio of 7.42, a price-to-earnings-growth ratio of 0.78 and a beta of 1.36.

The Goldman Sachs Group (NYSE:GSGet Rating) last announced its quarterly earnings data on Monday, July 18th. The investment management company reported $7.73 EPS for the quarter, beating the consensus estimate of $6.61 by $1.12. The Goldman Sachs Group had a net margin of 27.75% and a return on equity of 15.89%. The firm had revenue of $11.86 billion during the quarter, compared to analysts’ expectations of $10.70 billion. During the same quarter last year, the business earned $15.02 earnings per share. The business’s revenue for the quarter was down 22.9% compared to the same quarter last year. Equities research analysts anticipate that The Goldman Sachs Group, Inc. will post 34.2 EPS for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, August 10th. Investors of record on Tuesday, July 26th were paid a $2.50 dividend. The ex-dividend date of this dividend was Monday, July 25th. The Goldman Sachs Group’s dividend payout ratio (DPR) is 22.61%.

The Goldman Sachs Group Profile

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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 four segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management.

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Institutional Ownership by Quarter for The Goldman Sachs Group (NYSE:GS)

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