Dell will join Goldman Sachs (NYSE: GS) as a partner and will continue to manage Clarity Money and will play an active role on the Marcus senior management team, reporting to Harit Talwar, Head of Digital Finance, and Omer Ismail, Chief Commercial Officer of Digital Finance. (NYSE:GS). Moreover, Parallax Volatility Advisers L P has 0.01% invested in The Goldman Sachs Group, Inc. The company's stock sank 4.52% while Essex Investment Management Co Llc sold 12,361 shares. (NYSE:GS) for 1.10M shares.
Investment banking: The investment banking business delivered revenues of $1.8 billion, with the debt capital markets business posting its second highest revenue number. The stock increased 1.25% or $3.19 during the last trading session, reaching $259.11. Westside Investment Management Inc. grew its position in Goldman Sachs by 450.0% during the third quarter. (NYSE:GS). Redwood Investments Ltd Llc has invested 0.83% in The Goldman Sachs Group, Inc. Goldman Sachs had a return on equity of 11.66% and a net margin of 13.36%. This year's performance is 0.04% while this quarter's performance is -4.92%. They expect $-0.03 EPS, up 40.00% or $0.02 from last year's $-0.05 per share. On Thursday, March 22 the firm has "Buy" rating by Wells Fargo given. Stockholders of record on Friday, March 23rd were paid a $0.3721 dividend. Goldman Sachs Group Inc now has $98.21 billion valuation. (NYSE:GS). Meiji Yasuda Life Ins holds 1,624 shares. On Monday, November 6 Vertical Group downgraded the shares of GS in report to "Sell" rating. Keefe Bruyette & Woods maintained it with "Hold" rating and $260.0 target in Wednesday, January 17 report. The robo-advisor claims over one million users and the service will be added to the fast growing Marcus platform (or Marcus by Goldman Sachs). Rival Morgan Stanley (MS), which reports results on Wednesday, rose 1.1%. Keefe Bruyette & Woods maintained The Goldman Sachs Group, Inc. Munchener Ruckvers presently has an average rating of "Buy" and a consensus price target of €203.26 ($250.94).
In other news, insider R. Martin Chavez sold 11,829 shares of the company's stock in a transaction on Wednesday, January 31st. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. On Friday, October 20 the insider VINIAR DAVID A sold $1.81M. The disclosure for this sale can be found here. (NYSE:GS). Sandy Spring Retail Bank owns 0.01% invested in The Goldman Sachs Group, Inc.
COPYRIGHT VIOLATION WARNING: This story was reported by registrarjournal.com and is the property of of registrarjournal.com. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of USA & worldwide trademark and copyright laws. Investment management revenue rose 17% to $1.77 billion. It operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. In equities, initial public offering activity also picked up.