First National Bank of Omaha Buys Shares of 520 The Goldman Sachs Group, Inc. (NYSE:GS)

First National Bank of Omaha bought a new stake in shares of The Goldman Sachs Group, Inc. (NYSE:GSFree Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 520 shares of the investment management company’s stock, valued at approximately $201,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of GS. Van ECK Associates Corp raised its position in shares of The Goldman Sachs Group by 28.1% during the third quarter. Van ECK Associates Corp now owns 1,232 shares of the investment management company’s stock worth $399,000 after purchasing an additional 270 shares during the period. Aptus Capital Advisors LLC raised its position in shares of The Goldman Sachs Group by 46.0% during the third quarter. Aptus Capital Advisors LLC now owns 3,365 shares of the investment management company’s stock worth $1,089,000 after purchasing an additional 1,060 shares during the period. Canada Pension Plan Investment Board raised its position in shares of The Goldman Sachs Group by 9.1% during the third quarter. Canada Pension Plan Investment Board now owns 355,534 shares of the investment management company’s stock worth $115,040,000 after purchasing an additional 29,631 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of The Goldman Sachs Group by 14.3% during the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 66,286 shares of the investment management company’s stock worth $21,448,000 after purchasing an additional 8,306 shares during the period. Finally, Blair William & Co. IL raised its position in shares of The Goldman Sachs Group by 32.9% during the third quarter. Blair William & Co. IL now owns 91,123 shares of the investment management company’s stock worth $29,485,000 after purchasing an additional 22,575 shares during the period. Institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Price Performance

NYSE GS opened at $454.91 on Friday. The Goldman Sachs Group, Inc. has a twelve month low of $289.36 and a twelve month high of $471.48. The company has a debt-to-equity ratio of 2.18, a quick ratio of 0.74 and a current ratio of 0.74. The stock has a market capitalization of $146.69 billion, a PE ratio of 17.76, a P/E/G ratio of 0.93 and a beta of 1.39. The stock has a 50-day simple moving average of $435.52 and a 200 day simple moving average of $398.93.

The Goldman Sachs Group (NYSE:GSGet Free Report) last posted its quarterly earnings results on Monday, April 15th. The investment management company reported $11.58 EPS for the quarter, beating the consensus estimate of $8.54 by $3.04. The firm had revenue of $14.21 billion during the quarter, compared to analysts’ expectations of $12.94 billion. The Goldman Sachs Group had a return on equity of 8.86% and a net margin of 8.17%. The company’s revenue for the quarter was up 16.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $8.79 EPS. Research analysts anticipate that The Goldman Sachs Group, Inc. will post 36.57 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 27th. Shareholders of record on Thursday, May 30th will be issued a $2.75 dividend. The ex-dividend date of this dividend is Thursday, May 30th. This represents a $11.00 annualized dividend and a yield of 2.42%. The Goldman Sachs Group’s dividend payout ratio (DPR) is 42.95%.

Insider Buying and Selling at The Goldman Sachs Group

In other The Goldman Sachs Group news, Director David A. Viniar sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $432.25, for a total value of $2,161,250.00. Following the completion of the transaction, the director now owns 623,425 shares of the company’s stock, valued at approximately $269,475,456.25. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

GS has been the topic of a number of recent analyst reports. Royal Bank of Canada boosted their target price on The Goldman Sachs Group from $390.00 to $405.00 and gave the stock a “sector perform” rating in a research report on Tuesday, April 16th. Bank of America lifted their price target on The Goldman Sachs Group from $450.00 to $478.00 and gave the company a “buy” rating in a report on Tuesday, April 16th. Keefe, Bruyette & Woods boosted their target price on The Goldman Sachs Group from $445.00 to $485.00 and gave the company an “outperform” rating in a research note on Friday, April 5th. HSBC boosted their target price on The Goldman Sachs Group from $460.00 to $470.00 and gave the company a “buy” rating in a research note on Tuesday, April 16th. Finally, Oppenheimer boosted their target price on The Goldman Sachs Group from $479.00 to $517.00 and gave the company an “outperform” rating in a research note on Tuesday, April 30th. Six investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. According to MarketBeat.com, The Goldman Sachs Group currently has an average rating of “Moderate Buy” and an average price target of $440.57.

Check Out Our Latest Analysis on GS

The Goldman Sachs Group Profile

(Free Report)

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.

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Institutional Ownership by Quarter for The Goldman Sachs Group (NYSE:GS)

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