Goldman Sachs BDC major shareholder Goldman Sachs Group Inc Acquires 21456

Traders sold shares of Goldman Sachs (NYSE:GS) on strength during trading on Tuesday, Marketbeat.com reports.

For 2015-2018 the company would generate €1bn a year in free cash flow, up from €242m over the period 2010-2014.

Nonetheless, the valuation of the company’s shares had failed to reflect that better than historical performance. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the stock. On Thursday, October 1st, Goldman Sachs Group Inc bought 40,898 shares of Goldman Sachs BDC stock.

The firm believes that consensus estimates for bank stocks are too high, however, it Citigroup looks at Goldman Sachs as the only bank it covers with the potential for a positive turn around next year. In October 2013, Goldman Sachs Group Incs unit bought a 50% stake in privately-held British motor insurer Hastings.

The research analysts covering the equity also have issued future price target predictions for the company. The 50-Day Moving Average price is $182.06 and the 200 Day Moving Average price is recorded at $198.39.Goldman Sachs Group, Inc. The shares were purchased at an average cost of $18.51 per share, for a total transaction of $378,510.99. Using a simplified scale where Strong Buy equals 1 and Strong Sell equals 5, the consensus simplified rating for Goldman Sachs Group Inc is 2.77. The analysts are expecting the company to have EPS of $1.28. Raymond James raised shares of Goldman Sachs BDC from a “market perform” rating to an “outperform” rating and set a $23.00 price objective on the stock in a research report on Friday, September 18th. The shares have seen a weekly value change of 0.99%.A block trade was recorded in the shares with a net money flow of $(-51.49) million.

Goldman Sachs (GS) is Upgraded by Sandler O’Neill to Buy according to the research report released to the investors. The 52-week high of the share price is $218.77 and the company has a market cap of $78,016 million. The shares were sold at an average price of $211.17, for a total value of $7,037,451.42. The ex-dividend date was Friday, August 28th.

Shares of Goldman Sachs (NYSE:GS) traded down 0.81% during midday trading on Monday, hitting $179.51. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.45%. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The Organization operates in six segments: North America Clean Air; North America Ride Performance; Europe, South America and India Clean Air; Europe, South America and India Ride Operation; Asia Pacific Clean Air, and Asia Pacific Ride Performance. The Investment Banking section’s services include strategic advisory assignments and debt and equity underwriting of public offerings and private placements. Financing activities and its investing range from the Company’s investing and association lending actions across various asset categories, mainly loans and debt securities, private and public equity securities, and real estate. Its investment management segment provides wealth and investment advisory services.