Goldman Sachs Posts Weaker Results
The company said its earnings totaled $1.33 billion, or $2.90 per share.
GSBD has been the topic of several research analyst reports.
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Following the acquisition, the insider now owns 5,831,299 shares in the company, valued at approximately $107,937,344.49. Also, CFO Harvey M. Schwartz sold 33,326 shares of the stock in a transaction dated Friday, July 17th. They issued a “buy” rating and a $23.00 price objective for the company. Goldman’s 12-month consensus target price is $210.21, presenting an upside potential of more than 17% over the stock’s last quoted price. Research Analysts at Zacks have ranked the company at 3, suggesting the traders with a rating of hold for the short term. The shares were bought at an average price of $19.25 per share, for a total transaction of $811,888.00.
Goldman Sachs Group Inc (NYSE:GS) is scheduled to release its third quarter earnings report for fiscal year 2015 before the opening bell today. The ex-dividend date was Friday, August 28th. The purchase was disclosed in a filing with the SEC, which is available at this link. Tenneco has a 1-year low of $39.13 and a 1-year high of $61.73.
Goldman Sachs BDC (NASDAQ:GSBD) last announced its earnings results on Thursday, August 6th. Of the recent sell-side updates, analyst James Ronald Foth of BMO Capital Markets rates the stock “Market Perform” with an estimated target price of $196. The company has a consensus rating of Hold and a consensus target price of $23.06. This represents a $2.60 annualized dividend and a dividend yield of 1.45%. The Business is a worldwide investment banking, securities and investment management business that delivers a diversified client base including financial institutions, corporations, Governments and people with a variety of financial services.
Citigroup Inc. (NYSE:C) and Goldman Sachs Group Inc. 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.
One bright spot was investment banking. Oppenheimer said that it has been on the sidelines for Goldman Sachs’ stock, mainly because the firm has had a bearish outlook on the trend in fixed income, currencies and commodities (FICC) trading. Financing activities and its investing include association financing activities and the Company’s investing across various asset categories, mostly private and public equity securities and loans, debt securities, and property. Its investment management segment provides investment and wealth advisory services.