Goldman Sachs Sees Surge in Institutional Investment
The Goldman Sachs Group, Inc. (NYSE:GS) has seen a significant amount of institutional investment in recent quarters. According to its most recent Form 13F filing with the Securities and Exchange Commission (SEC), Trust Co. of Vermont purchased 1,285 shares of GS's stock during the second quarter, valued at approximately $1,300,000.
This is not an isolated incident, as other institutional investors have also recently added to or reduced their stakes in GS. Turim 21 Investimentos Ltda., for example, acquired a new position in the company in the first quarter valued at about $25,000.
GS's stock has seen significant price fluctuations over the past year, with a 52-week high of $1,153.99 and a 52-week low of $712.97. The firm's current market cap is $291.94 billion, and its PE ratio is 15.48.
GS recently announced a quarterly dividend payment of $5.00 per share, which represents an increase from the previous quarter's payment of $4.50. This marks a boost in GS's payout ratio to 27.78%.