Goldman Sachs (GS) Shares Sold by State of Wisconsin Investment Board

Goldman Sachs (GS) Shares Sold by State of Wisconsin Investment Board

Goldman Sachs (NYSE:GS) last announced its quarterly earnings results on Tuesday, April 17th. The investment management company reported $6.95 earnings per share for the quarter, topping analysts' consensus estimates of $5.58 by $1.37. Goldman Sachs BDC had a net margin of 36.22% and a return on equity of 11.22%. We will compare Goldman Sachs to similar companies based on the strength of its valuation, earnings, risk, dividends, analyst recommendations, institutional ownership and profitability. During the same quarter in the prior year, the company earned $5.15 earnings per share. The company's revenue for the quarter was up 10.4% compared to the same quarter past year. On Friday, April 6 the stock rating was upgraded by Vining Sparks to "Buy". TheStreet raised shares of Goldman Sachs BDC from a "c" rating to a "b-" rating in a report on Tuesday, April 10th. JPMorgan Chase reaffirmed a "buy" rating and issued a $280.00 price objective on shares of Goldman Sachs in a research note on Thursday, March 15th. Ticker's shares touched $242.34 during the last trading session after 0.45% change.Currently The Goldman Sachs Group, uptrending after 9.66% change in last May 11, 2017. Paradigm Finance Advsrs Limited Liability Company holds 1,461 shares or 0.17% of its portfolio. Financial Architects Inc who had been investing in Goldman Sachs Group Inc for a number of months, seems to be bullish on the $91.95 billion market cap company. Wafra Invest Advisory Group stated it has 0.85% in The Goldman Sachs Group, Inc. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.75.

The company also recently declared a quarterly dividend, which will be paid on Monday, July 16th. Stockholders of record on Friday, June 29th will be given a $0.45 dividend. Moreover, State Of Tennessee Treasury Department has 0.45% invested in The Goldman Sachs Group, Inc. The ex-dividend date is Wednesday, May 30th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 8.74%.

In total 15 analysts cover Goldman Sachs Group Inc (NYSE:GS). On Friday, February 23 the insider ROGERS JOHN F.W. sold $1.17M. These shares are worth $1,167,628 and were traded at $265.37 each. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Brian J. Lee sold 6,738 shares of the stock in a transaction that occurred on Wednesday, February 21st. $284.77's average target is 16.98% above currents $243.44 stock price. The disclosure for this sale can be found here. Given Goldman Sachs' higher possible upside, equities analysts plainly believe Goldman Sachs is more favorable than its peers. More interesting news about The Goldman Sachs Group, Inc. The fund owned 1,585 shares of the investment management company's stock after purchasing an additional 720 shares during the quarter. The Goldman Sachs Group, Inc. Boston Partners boosted its holdings in Goldman Sachs by 3.4% in the first quarter. Kcm Investment Advisors Ltd accumulated 3,281 shares or 0.05% of the stock. MML Investors Services LLC purchased a new stake in Goldman Sachs BDC during the 4th quarter worth about $268,000.

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Focused Wealth Management Inc increased American Wtr Wks Co Inc New (NYSE:AWK) stake by 8,991 shares to 13,381 valued at $1.22M in 2017Q4. The third largest holder is State Street Corp, which now holds $5.58 billion worth of this stock and that ownership represents almost 6.07% of its market capitalization.

(NYSE:GS) news were published by: which released: "Banking Roundup: Wells Fargo settles $480M class action… BofA backs Remington… Goldman CEO on riskier loans" on May 09, 2018, also with their article: "The Goldman Sachs Group, Inc".