Aigen Investment Management LP Has $2.34 Million Stake in The Goldman Sachs Group, Inc. (NYSE:GS)

Aigen Investment Management LP grew its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 16.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,726 shares of the investment management company’s stock after purchasing an additional 661 shares during the quarter. Aigen Investment Management LP’s holdings in The Goldman Sachs Group were worth $2,340,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. POM Investment Strategies LLC acquired a new stake in The Goldman Sachs Group during the second quarter worth about $26,000. Semmax Financial Advisors Inc. acquired a new stake in The Goldman Sachs Group during the second quarter worth about $26,000. Headlands Technologies LLC acquired a new stake in The Goldman Sachs Group during the second quarter valued at approximately $27,000. SJS Investment Consulting Inc. boosted its holdings in The Goldman Sachs Group by 103.3% during the second quarter. SJS Investment Consulting Inc. now owns 61 shares of the investment management company’s stock valued at $28,000 after purchasing an additional 31 shares in the last quarter. Finally, Quest Partners LLC boosted its holdings in The Goldman Sachs Group by 6,300.0% during the second quarter. Quest Partners LLC now owns 64 shares of the investment management company’s stock valued at $29,000 after purchasing an additional 63 shares in the last quarter. 71.21% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Morgan Stanley lifted their price objective on The Goldman Sachs Group from $560.00 to $570.00 and gave the company an “overweight” rating in a report on Wednesday, October 16th. Wells Fargo & Company lifted their target price on shares of The Goldman Sachs Group from $504.00 to $550.00 and gave the company an “overweight” rating in a research note on Tuesday, July 16th. JMP Securities boosted their price objective on shares of The Goldman Sachs Group from $525.00 to $550.00 and gave the stock a “market outperform” rating in a research report on Wednesday, October 9th. Royal Bank of Canada restated a “sector perform” rating and issued a $500.00 price objective on shares of The Goldman Sachs Group in a research report on Tuesday, July 30th. Finally, Citigroup boosted their price objective on shares of The Goldman Sachs Group from $460.00 to $485.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 16th. Five analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $527.63.

Insider Buying and Selling

In other The Goldman Sachs Group news, EVP John F.W. Rogers sold 6,416 shares of The Goldman Sachs Group stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $596.36, for a total value of $3,826,245.76. Following the sale, the executive vice president now owns 57,614 shares of the company’s stock, valued at approximately $34,358,685.04. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, CAO Sheara J. Fredman sold 2,974 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $594.51, for a total value of $1,768,072.74. Following the sale, the chief accounting officer now owns 8,489 shares of the company’s stock, valued at $5,046,795.39. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP John F.W. Rogers sold 6,416 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $596.36, for a total transaction of $3,826,245.76. Following the transaction, the executive vice president now directly owns 57,614 shares of the company’s stock, valued at approximately $34,358,685.04. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 11,390 shares of company stock worth $6,656,119. 0.54% of the stock is owned by insiders.

The Goldman Sachs Group Trading Down 0.8 %

NYSE GS traded down $4.88 during mid-day trading on Tuesday, reaching $597.46. 231,165 shares of the stock were exchanged, compared to its average volume of 2,222,077. The company has a debt-to-equity ratio of 2.32, a current ratio of 0.67 and a quick ratio of 0.72. The stock has a market cap of $187.55 billion, a P/E ratio of 17.67, a P/E/G ratio of 0.86 and a beta of 1.35. The stock has a 50 day simple moving average of $509.63 and a 200-day simple moving average of $484.59. The Goldman Sachs Group, Inc. has a one year low of $323.53 and a one year high of $607.15.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings data on Tuesday, October 15th. The investment management company reported $8.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.89 by $1.51. The firm had revenue of $12.70 billion during the quarter, compared to analysts’ expectations of $11.77 billion. The Goldman Sachs Group had a net margin of 9.89% and a return on equity of 11.39%. The business’s revenue was up 7.4% on a year-over-year basis. During the same period last year, the company earned $5.47 earnings per share. On average, analysts anticipate that The Goldman Sachs Group, Inc. will post 37.15 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 2nd will be issued a dividend of $3.00 per share. This represents a $12.00 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date is Monday, December 2nd. The Goldman Sachs Group’s dividend payout ratio is currently 35.21%.

The Goldman Sachs Group Profile

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.